Jim Folsom, Jr.
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Only weeks after Folsom assumed office as Governor, state officials were approached by Mercedes-Benz about the possibility of locating its first manufacturing plant outside Germany in Alabama. Over the following months, Folsom led Alabama's efforts to recruit the facility, culminating in an October 1993 announcement that Alabama had beaten 30 other states for the coveted industry. The prestige of the Mercedes plant opened the door for future automotive plants to locate in the state. [link]
In 1994, he ran for governor but was defeated by former govenor Fob James. In 2006, Folsom reentered state politics, running again as the Democratic nominee for Lietenant Governor. He will face the winner of a Republican run-off election featuring Washington lobbyist Luther Strange and Public Service Commissioner George Wallace, Jr.
Folsom is married to the former Marsha Guthrie. They have two children. He is an Episcopalian, and is currently an investment banker with the firm of Raymond James & Associates.
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