BUSINESS CLIMATE
- Location offers higher profit potential because of lower
start-up and operating costs.
- Progressive state business environment demonstrated by
comprehensive "right-to-work" laws, one-stop environmental permitting and
positive state and local government attitude toward new and expanding business.
- Home to more than 6,600 manufacturing, assembly and
processing establishments which employ more than 380,000 people and export $5.4 billion in
products and services worldwide.
- Alabama companies have expanded within the past decade
with an average of $2 billion annually in capital investment.
- Advanced science/technology research environment for
research and development activities in many disciplines.
- Variety of advanced technology, research and development
facilities and programs located at various state universities throughout the state.
- First state to fund and establish a statewide, high-speed
supercomputer network for dual purpose of academic (60%) and industry research (40%).
- Start-up space and research assistance through Business
Incubator Program for high-technology operations.
- Small Business Development Centers offering counseling,
training and research information.
- Regional Planning and Development Commissions
knowledgeable about growth potential and infrastructure programs in multi-county regions.
- One of only a few states providing industrial site
preparation grants to assist new and expanding manufacturers.
Source: Alabama Development Office