Workforce Climate
From more tax incentives to a community college dedicated to building a strong workforce, the Lake Martin area has everything you need to run a successful business. There are many incentives to bringing your business to Coosa and Tallapoosa Counties!
Benefits of Doing Business at Lake Martin
Lower Business Cost
Alabama helps make doing business a little easier by not levying property taxes on inventory and allowing abatements for sales and property taxes. Compared to other states, many of Alabama's tax rates are lower.
Join Existing Industries
Many industries have already chosen Coosa and Tallapoosa Counties. These include internationally-based companies and Fortune 500 companies.
Opportunity Zones
The Opportunity Zones program is a new alternative economic development program established by Congress in the Tax Cuts and Jobs Act of 2017 to foster private-sector investments in low-income rural and urban areas. This is a new program with many moving parts.
Be Close to Major Markets
Coosa and Tallapoosa Counties are located within two hours of Birmingham, Montgomery, and Atlanta. The county transportation includes federal highways, a general aviation airport, and railways.
Get More Tax Relief
Many new and expanding industries in Coosa and Tallapoosa Counties can take advantage of lower investment and job thresholds and additional tax incentives. This is in addition to Alabama's already competitive tax incentives.
Utilities You Need
The industrial parks in Coosa and Tallapoosa Counties have utilities ready for new business. Electricity is supplied by Alabama Power for many of the industrial parks.