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Alabama Resources Page
Inward Investment Guides

U.S. Legislative, Incentives, & Economic Development Policies Update

Jason Hickey, President, Hickey & Associates, LLC (Q1 2016)
Growing companies need to be aware of the many changes states are making to their incentives policies. More

High – Speed Network Locations

Dale D. Buss, Staff Editor, Area Development (Directory 2016)
Cities across the nation are installing high-speed fiber-optic networks for their own institutional purposes, with the added benefit of attracting growing companies. More

Regional Report: Manufacturing Leads the Way in the South

Mark Crawford (Directory 2016)
With strong automotive and aerospace sectors, as well as highly developed workforce training programs, the South continues to attract business investment. More

Advanced Manufacturing Changing the Economic Landscape

Dale D. Buss, Staff Editor, Area Development (Q4 2015)
Across the country, states and localities are working with manufacturers to create and grow outposts for advanced manufacturing. More

Georgia Once Again Leads the 2015 Top States for Doing Business

Mark Crawford (Q3 2015)
An attractive business environment, quality labor pool, and well developed infrastructure are among the shared advantages of those states ranked by the location consultants as the top choices for business. More

Location Notebook: TVA Hitching Its Wagon to the Auto Industry

Cynthia Kincaid , Kincaid Strategic Partners (Q3 2015)
TVA is driving to make automotive manufacturing the cornerstone of the region. More

Choosing the Optimal Site for an Aviation-Related Project

Von Hatley, Managing Director, Jones Walker Consulting, LLC (2015 Auto/Aero Site Guide)
If current trends continue, a conservative estimate reveals there will be more than 1,000 announcements of aviation-related projects in the United States over the next decade. The best location decisions will be made by project teams that not only look at the current overall costs, but also have a deep understanding of hidden site development costs, in addition to the long-term political/financial stability that a region can provide. More

2015 Gold & Silver Shovel Awards Recognizing Excellence in State Job Creation and Economic Development Efforts

Area Development Special Presentation (Q2 2015)
Area Development’s annual awards recognize individual states for their overall economic development effectiveness. This year, we honor 21 states for their achievements in 2014 in garnering investment and job creation with Texas, Georgia, Tennessee, South Carolina and Nevada awarded the Gold Shovel. More

ALABAMA at a glance

POPULATION: 4,833,722 (2013 estimate)

LABOR FORCE: 2,119,100 (September 2014)


TRADITIONAL INDUSTRIES:Agriculture, forestry, metalworking, chemicals, machinery

EXPANDING INDUSTRIES: Transportation industries, information and biotechnology, research and development, aerospace, distribution and logistics, services, tourism

COLLEGE GRADUATES: (Age 25 and over) 22.3%

Corporate Income Tax: 6.5 percent of net income; deductions allowed for federal income tax paid or accrued for a lower effective rate of 4.5 percent

Secretary of State Qualification: Before transacting business in Alabama, a foreign corporation (corporation incorporated outside of Alabama) must qualify with the Alabama Secretary of State; foreign corporations must file an application for certificate of authority (form CD-2) with the Alabama Secretary of State along with a certified copy of the articles of incorporation and must pay a $175 qualification fee.

Alabama Business Privilege Tax: The tax base is the taxpayer's net worth apportioned to Alabama; the rate ranges from $0.25 to $1.75 for each $1,000 of net worth in Alabama; minimum privilege tax is $100; maximum is $15,000, except for financial institutions, financial institution groups, and insurance companies, which have a maximum privilege tax liability of $3 million; an electing family limited liability entity is capped at $500.

Sales and Use Tax: 4 percent on gross proceeds of sales of tangible personal property and gross receipts of amusement businesses; 1.5 percent on manufacturing machinery and farm equipment; cities and counties may impose additional tax.

Property Tax: State rate of 6.5 mills is based on 20 percent of fair market value of property not otherwise classified (including industrial); 10 percent of agricultural, forest, and residential property; 30 percent of fair market value of utility property; additional taxes levied by local jurisdictions; inventories, goods-in-process, and pollution- control equipment are exempt from property tax.


Heroes for Hire credit

Alabama E3 (economy, energy, environment)

Alabama Technology Network (ATN)

Alabama Career Centers

Workforce Investment Areas

Economic Development Revolving Loan Funds

Alabama Improvement Districts

Alabama Innovation Fund

Industrial Development Grant (Site Preparation) Program

Industrial Access Program

Infrastructure Grant Program

Public Works and Facilities Grant

Regional Revolving Loan Funds

Appalachian Regional Commission Grants

Delta Regional Commission Grants

Industrial Development Revenue Bonds

Alabama Capital Tax Credit

Sales/use tax abatements

Alabama Enterprise Zone Incentives

Property tax abatements

Small Business Administration 504 loans

Small Business Administration 7-A Program

REA Rural Economic Development Loan and Grant Program

"Made in Alabama" Job Incentives Act Full Employment Act of 2011

Alabama SAVES (Sustainable and Verifiable Energy Savings) Loan Program

Principal Manufacturing industries

  • Transportation Equipment
  • Food
  • Fabricated Metal Products
  • Primary Metals
  • Textile Mills & Products & Apparel
  • Plastics & Rubber Products
  • Wood Products
  • Paper
  • Machinery
  • Chemicals
  • Computer &Electronic Products
  • Furniture and Related Products
  • Other Manufacturing Industries