Why Mercedes Is Alabama Bound

Alabama Governor Jim Folsom Jr. was relaxing at home on Saturday, July 31, when an urgent call came in from Billy Joe Camp, the state's development director. Camp had a hunch that Mercedes-Benz officials were about to pick the finalists in the multistate scramble for a $300 million U.S. assembly plant where 1,500 workers would build luxury sport-utility vehicles. If Folsom wanted to keep Alabama in the race, Camp warned, the governor had better be ready for a second lobbying journey to Germany.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.