Alabama has consistently been the state of choice for many new companies. In 2016, Site Selection magazine ranked Alabama ninth in the nation for its business climate and eighth in a survey of corporate site selectors. Additionally, Alabama has received numerous other accolades for its business climate, workforce, and quality of life. The state's positives include competitive tax incentives, low costs of businesses, customized workforce training programs, and available skilled labor.
Workforce & Education Advantages
Alabama's competitive tax incentives, lower business costs, customized workforce training programs, and strong infrastructure have made the state a natural fit for several industries. Many of the leading companies within these industries are located in Alabama.
Alabama's target industries include:
Aerospace has been a key industry for Alabama since 1910 when the Wright Brothers established the first civilian flying school in Montgomery. The state is now home to more than 400 aerospace companies, providing space/defense services, maintenance/repair, manufacturing, software development, and other related services.
The Benefits Alabama offers Aerospace Companies The following are just a few advantages Alabama has to offer:
- Close Proximity to Other Major Aerospace Companies
Almost every county serviced by PowerSouth either has aerospace companies already located within the county or is in close proximity to major companies in surrounding counties.
- Aviation-Specific Training
Many of the state's two-year and four-year colleges and universities offer courses specific to aviation, aerospace, and related industries.
Major Aerospace Regions
The following PowerSouth counties have more than 100 aerospace jobs in the private sector*:
In addition to these counties, there are several other PowerSouth counties that have aerospace and related industries. Those counties include:
Quality of Life
Low Cost of Living
One of Alabama's greatest quality of life strengths is its lower than national average cost of living. Home prices are also typically lower than national averages and the state's property tax is among the lowest in the United States.
The recreation opportunities in the PowerSouth service area in Alabama range from cultural/arts to outdoor. Cultural highlights include the Alabama Shakespeare Festival, arts museums, and local theatres. Opportunities for outdoor recreation include fishing and water activities on the areas numerous lakes and rivers, hunting, and golf at the notable Robert Trent Jones Golf Trail. The state's beaches are located in Baldwin County and offer wonderful views of the Gulf of Mexico.
Alabama has seven research universities and strong network of two-year and four-year colleges and universities. These institutions often work together to provide better educational opportunities for their students and for area businesses.