The City of Hoover has adopted a cluster-based economic development strategy that identifies five target sectors for business attraction.
Automotive Research & Development
Freight and Logistics Brokers
Life Sciences and Medical Devices
These five clusters represent Hoover’s economic development priorities and guide business retention, attraction, and ecosystem building efforts. Each of these clusters are within the S.T.E.M. (Science, Technology, Engineering, & Math) industry umbrella representing knowledge-based work that creates good high-paying jobs, clean operations, and sustainable growth. STEM-based companies also create a ripple-effect in our economy. For each new STEM job in a metropolitan area, five additional local jobs are created outside of high tech in the long run. Are you a business in one of these targeted sectors? Contact our team to learn about Hoover’s advantages and services for your business.