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Business Climate

 

 

Baldwin County was recently rated by Forbes Magazine and Cognetics as one of the top 50 “small metro areas to start and grow a business”. Business growth has increased over 170% in six years, and many companies with multiple branch operations have found their facilities here to be the most profitable, productive, and efficient of any of their facilities. Baldwin County remains one of the top three fastest growing Alabama counties.

Foley, AL, at the intersection of Highways 59 & 98 and 10 miles north of the Gulf beaches, is the economic center of South Baldwin County. Within 500 mile radius (a day’s drive) of Foley, there are 49 million people. Per capita, the City of Foley leads the State of Alabama in Retail Sales and also accounts for more than 40% of Sales Tax Revenue in Baldwin County.

Land Area

Of the 67 counties in Alabama, Baldwin County is the largest. At 1,596.35 square miles, Baldwin County is larger than the State of Rhode Island.
Economic Development

The South Baldwin Chamber of Commerce’s Economic Development Committee conducted oer 50 Syncronist Interviews with local businesses in the area in 2007. The completed interviews provided the following information:

  • 56% of those businesses interviewed plan to expand
  • 153 new jobs will result from expansion
  • Representing nearly $63 million in new capitol investment