Learn more about relocating or expanding to AlabamaAlabama business climate, manufacturer incentives, and advantages of AL communities |
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Alabama Business Data*  Population: 4,708,708 Total Labor Force: 2,177,900 Unemployment Rate: 6.9% Number of Manufacturers: 5,339 Manufacturing Jobs: 284,955
Right to Work: Yes
Unemp. Ins. Tax: 2.15–8.30%
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Corporate Income Tax:
6.50% Sales Tax:
Graduated: 1.5% for manufacturing and farm machinery; 2% for automotive vehicles; 3% for food sold through vending machines; 4% for all other items. Exemptions include: Raw materials used by manufacturers; pollution control equipment.; water used in industrial manufacturing in which 50% or more is used in industrial processing; exclusions for utility services used in certain types of manufacturing processes. Property Tax:
Limits millage rate to 6.5 mills or $6.50 for every $1,000 in assessed value. Business property, both real and personal is taxed on 20% of Fair Market Value. Exemptions include: All tangible personal property being warehoused for shipment outside of state; inventories and goods-in-process; pollution control equipment. Leading Manufacturing Industries:
(by % of total manufacturing employment) 14% Transportation equipment 13% Food and kindred products 9% Fabricated metal products 8% Industrial machinery and equipment 8% Primary metal industries Largest Manufacturing Establishments:
(by number of employees) Honda Manufacturing of Alabama, LLC (Lincoln) - 4,000
Mercedes-Benz US International, Inc. (Vance) - 3,000 Boeing Co., The (Huntsville) - 3,000 American Cast Iron Pipe Co. (Birmingham) - 3,000 Hyundai Motor Mfg. Alabama, LLC (Montgomery) - 2,750 |
Counties with the Most Manufacturing Jobs:
Jefferson - 50,579 Madison - 32,401 Mobile - 22,224 Tuscaloosa - 18,365 Montgomery - 16,941 Cities with the Most Manufacturing Jobs:
Birmingham - 38,058 Huntsville - 27,996 Montgomery - 16,341 Mobile - 13,697 Decatur - 11,496 Manufacturing Related Business Incentives:
• Income Tax Capital Credit
• Enterprise Zone Tax Credit/Exemption • Alabama Industrial Development Training (AI) • Alabama Technology Network (ATN) • Industrial Development Grant Program (Site Preparation) • Industrial Access Road & Bridge • One-Stop Environmental Permitting • Industrial Revenue Bonds (IRBs) • Economic Development Revolving Loan Funds • TVA Economic Development Loan Fund • Community Development Block Grant/Loan Program • Appalachian Regional Commission and Delta Regional Authority Grants • USDA Rural Development in Alabama (grant and loan program) |
Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:
Alabama Development Office
The agency markets Alabama to the world identifying companies who could have an expansion project in the Southeast over the next three to five years. ADO also fields calls from site consultants who are hired by companies to find a location for their company.
401 Adams Avenue, Montgomery, AL 36130 (Map & Aerial View)
(334) 242-0400
www.ado.state.al.us
Alabama Industrial Development Training
AIDT, an institution of the Alabama Community College System, encourages economic development through job-specific training. Training services are offered in many areas, at no cost, to new and expanding businesses throughout the State.
One Technology Court, Montgomery, AL 36116 (Map & Aerial View)
(334) 242-0299
www.aidt.edu
Birmingham Business Alliance
The BBA focuses on the economic growth of the entire seven-county Birmingham region. Bringing the Chamber and MDB together allows business leaders to create a much stronger and well-rounded entity to promote dynamic growth and improve the quality of life in the region.
505 20th Street North, Suite 200, Birmingham, AL 35203 (Map & Aerial View)
(205) 324-2100
www.birminghambusinessalliance.com
City of Birmingham Economic Development
The Mayor's Office of Economic Development (OED) has the primary responsibility for the economic growth and development of the City of Birmingham. It serves as the principal point of contact for economic development issues and activities.
710 North 20th Street, Birmingham, AL 35203 (Map & Aerial View)
(205) 254-2799
www.birminghamal.gov/OED
Economic Development Partnership of Alabama
For 20 years, the EDPA has been a catalyst for economic growth in the state. A totally private, non-profit organization, it is uniquely positioned to partner with state, local and private entities involved in Alabama's economic development efforts.
500 Beacon Parkway West, Birmingham, AL 35209 (Map & Aerial View)
(205) 943-4700
www.edpa.org
Escambia County Industrial Development Authority
Escambia Cty. is located in the southern part of Alabama, sharing its southern boundary with Fla. The area is conveniently located within an hour of the two major shipping facilities of Mobile and Pensacola, Fla., while offering the advantages of a smaller community. The School System has been named one of the Ten Great Rural Education Environments in the South. This may help companies in their decision making process when considering expanding or relocating to the South.
P.O. Box 1266, Atmore, AL 36504 (Map & Aerial View)
(251) 368-5404
Greater Jackson County Chamber Of Commerce
The GJCCC focuses on the economic growth of Jackson County. Our community and economic development plan involves four major areas: (1) Workforce Development/Education. (2) Retail and Commercial Development. (3) Destination Marketing/Tourism. (4) Business Advocacy.
P.O. Box 973, Scottsboro, AL 35768 (Map & Aerial View)
(256) 259-5500
www.jacksoncountychamber.com
Jackson Chamber Of Commerce
When you invest in the Jackson Area COC, you invest in our community. Held annually the mayor of Jackson uses this platform to highlight the city's progress in economics development and present a report to the citizens of Jackson regarding the challenges from the past year and his outlook for the year ahead.
500 Commerce St., Jackson, AL 36545 (Map & Aerial View)
(251) 246-3251
www.jacksonalabama.org
Alabama Industrial News:
Industrial Directory Reports Alabama Manufacturing Employment Unchanged Over Past Year (5/7/2012)
Industrial Directory Reports Alabama Manufacturing Employment Remained Steady Over Year (4/29/2011)
Alabama Industrial Jobs Declined 6.8% Over Past Year Alabama Industrial Jobs Declined 6.8% Over Past Year (4/26/2010)
Alabama Industrial Employment Declines 4.5% According To Manufacturers Directory (4/24/2009)
Alabama Manufacturers Guide Reports State Lost 7,700 Industrial Jobs (4/23/2008)
Industrial Directory Reports Alabama Manufacturing Jobs Down 2% (4/25/2007)
Alabama Manufacturing: Plants Up 54; Jobs Down 1.1% (4/14/2006)
Industrial Directory Reports Alabama Manufacturing Employment Unchanged Over Past Year (5/7/2012)
Industrial Directory Reports Alabama Manufacturing Employment Remained Steady Over Year (4/29/2011)
Alabama Industrial Jobs Declined 6.8% Over Past Year Alabama Industrial Jobs Declined 6.8% Over Past Year (4/26/2010)
Alabama Industrial Employment Declines 4.5% According To Manufacturers Directory (4/24/2009)
Alabama Manufacturers Guide Reports State Lost 7,700 Industrial Jobs (4/23/2008)
Industrial Directory Reports Alabama Manufacturing Jobs Down 2% (4/25/2007)
Alabama Manufacturing: Plants Up 54; Jobs Down 1.1% (4/14/2006)
Looking to reach Alabama manufacturers? Access the Alabama Manufacturers Database compiled by MNI.
*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/22/2013.
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