Alabama has been chosen by ThyssenKrupp, a German steel manufacturing company, for it's new $3.7 billion processing plant.

ThyssenKrupp has said this will mean 29,000 jobs during construction, and 2,700 jobs paying an average of $50,000 to $65,000 once the plant is operational in 2010.

Many of these jobs will be in the Montgomery area. New jobs have a positive impact on home sales, property values and the rental market. 

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