Business 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. For more information about Coosa and Tallapoosa Counties, available property, tax incentives, or the workforce, contact the Lake Martin Area Economic Development Alliance at 256-215-4404.
Click the buttons below to read more about the business climate in the Lake Martin area, or scroll down to read more about the business advantages of locating your business here.
Take Advantage of Lower Business Costs
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. Learn more about the Cost of Doing Business in the Lake Martin area.
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. To learn more about this opportunity, please click below.
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. Learn more about Available Tax Incentives.
Join Industries Already in the Lake Martin Area
Many industries have already chosen Coosa and Tallapoosa Counties. These include internationally-based companies and Fortune 500 companies. Learn more about the Existing Industries in the Lake Martin area.
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. Learn more about Transportation in the Lake Martin area.
Get the 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. Learn more about the Utilities in the Lake Martin area.
