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Russellville industry is good

The general business outlook of Russellville is good. Although it has had it's share of exposure to the recent economic fluctuations, local officials and businesses feel confident as to the areas ability to succeed in the future. Utilizing the key strong points that Russellville has to offer such as the abundance of resources and affordability of property and generous incentives, businesses can leverage these strengths and prosper, even in these financially trying times.

Industry in Russellville

Central Location
Russellville Alabama is positioned at the heart of the fastest growing region in the United States and the fourth largest economy in the world. In recent years, the Southern United States has accounted for 45 percent of all job growth in the country. Russellville shares in that prosperity. In addition, the centralized location of Russellville positions it within a single day's drive to over one half of the U.S. consumer market. This means transportation costs may be dramatically reduced in comparison to other areas.

Affordable Real Estate and Taxes
Because of lower property costs and lower taxes, Russellville offers definite cost advantages over many other areas in the South and across the nation. This provides the advantage of a more economical start-up cost. This savings continues year after year for businesses and their employees.

Affordable Utilities
Today, with all of the energy supply problems and high costs, utilities are a key issue for businesses and corporations. Russellville electricity is produced and distributed by the Tennessee Valley Authority (TVA) which offers a high level of reliability at incredibly competitive rates. Average retail electricity costs in the TVA region are 22% lower than the national average. Power interruptions were less than 8 minutes per customer per year for TVA as compared to the National Average of 8-9 hours per customer per year in 1999, according to Financial Times. Would down time affect your business?

Natural Resources
Russellville boasts an ample supply of many natural resources, making the area an ideal location for a diverse range of business. Ample supply of fresh water has helped companies like Gold Kist Poultry thrive in our area. The second largest poultry producer in the US, the Gold Kist division in Russellville uses 10 million gallons of fresh water a week.

Contact Information:
Russellville Industrial Development Board
P.O. Box 355
Russellville, Alabama
35653

Web Site: http://www.industrialboard.com

E-mail: mrsorrells@industrialboard.com


 


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