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Economic
Development Our
location in the Southeast, in the center of a triangle made up
of Memphis, Nashville, and Birmingham, makes us convenient to
one of the fasting growing areas of the country. We call it
the Growth Triangle. You'll call it "outstanding."
The Florence-Muscle Shoals Metropolitan Area
has a total civilian labor force of 68,346, which supports 270
manufacturing and distribution operations. The State of
Alabama Department of Industrial Relations reported the
October 2005 unemployment rate at 5.0% percent, which translates into
3,428 people seeking employment. Total non-agricultural
employment is 54,700 with 27 percent of these individuals
employed in the construction, mining, and manufacturing
sectors. The area has a strong manufacturing heritage and
supports an above average participation rate. Additionally,
many of our local citizens are employed in jobs that do not
utilize their skills and are looking for opportunities to put
their high tech talents to use.
Current calculations show a
labor market of 344,540 (Woods and Poole Economics, 1999). The
labor market for the Florence MA extends to eight counties in
three states: Colbert, Lauderdale, Franklin, Lawrence, and
Limestone Counties in Alabama; Tishomingo County in
Mississippi; and, Lawrence and Wayne Counties in Tennessee.
Manufacturing and related
training is provided in various ways, all of which are
designed to meet the individual needs of the client. The State
sponsors the
Alabama Industrial Development Training
(AIDT) program which designs and implements a client
approved training curriculum at no cost to the new or
expanding company. The training program can be operated
on-site or at a company approved alternate facility. The AIDT
program provides state-of-the-art services, including SPC and
ISO 9000 certification workshops for the manufacturing client.
Locally, the
University of North Alabama
and
Northwest-Shoals Community College
are available to provide specialized training for persons
whose skills may require upgrading. Both institutions have a
proven track record in meeting the training needs of the
manufacturing community.
The City of Florence can offer
assistance to new and expanding businesses either directly or
through a variety of organizations. We have aggressively
sought new and expanding manufacturing investments over the
past several years using a variety of incentives. The most
advantageous incentive is the investment the community makes
in its people and its infrastructure. Municipal services are
well maintained with excess capacity to meet current and
future demands. We are committed to the belief that
companies, first and foremost, look for healthy communities
that can provide the support necessary to become and remain
profitable.
Sources of Information
Related to Business:
Florence Main Street, Inc. is a
nonprofit program which develops and implements creative
strategies to insure a successful downtown area. The
Main Street Committees generate and/or support a variety of
events, festivals, tours and meetings that are beneficial to
the downtown area.
These
Committees and the staff also advise individual businesses,
both start-ups and established, on ways to improve their
properties and their operations.
Florence Main Street, Inc.
301 N.
Pine Street
Florence, AL 35630
www.florencemainstreet.org
The
Shoals Economic Development Authority
provides economic development services for the City of
Florence as well as the entire Shoals Area of Northwest
Alabama. General and detailed business development
information is available as well as project financing
alternatives and build/lease options. Fully developed
industrial and business parks located in Florence and the area
provided ready to build sites for every need.
Shoals Economic Development
Authority
PO Box 580
500 North Court Street
Florence, AL 35631
256/764-0351
256/764-3850 Fax
Small Business Development Center
University of North Alabama
Box 5248
Florence, AL 35632-0001
(256) 765-4629
(256) 765-4813 Fax
The Small Business Development Center will put your small
business on the right track for success.
Web-Site
SCORE Service Corps of Retired Executives
C/O Shoals Chamber of Commerce
SCORE's experienced volunteers can expertly tell you how to
manage time, resources, paperwork and employees of your new
business.
Shoals Chamber of Commerce
P. O. Box 1331
Florence, AL 35631-1331
(256) 764-4661
(256) 766-9017 Fax
The Shoals Entrepreneurial
Center offers space,
shared equipment, secretarial and clerical support, on-site
consulting, and other shared services such as mailing and
shipping, library, and conference room.
Web-Site
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AL Dept. of
Environmental Management |
256-271-7700 |
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AL State Employment
Office |
256-383-5510 |
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Better Business Bureau |
256-740-8224 |
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Internal Revenue Service |
256-767-6921 |
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North Alabama Industrial
Development Association |
334-353-9450 |
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Northwest Alabama
Council of Local Governments |
256-389-0500 |
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Social Security
Administration |
256-767-3138 |
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Tennessee Valley
Authority Economic Development |
256-386-2162 |
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