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Chamber
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Eufaula and Barbour County, Alabama
Established in 1924, the Eufaula Barbour County Chamber of Commerce is celebrating its centennial year, marking a century of unwavering dedication to providing exceptional service to the city, county, and region. Throughout our rich history, we have remained committed to fostering economic, educational, and cultural development in the area.
Today, our focus persists as we actively contribute to the creation and preservation of jobs, promote the advancement and development of the workforce, and passionately advocate for the interests of our business community. The Eufaula Barbour County Chamber is steadfast in its mission to enhance the overall quality of life for the entire community, and we stand prepared to assist visitors and newcomers alike.
As we commemorate a century of service, we eagerly anticipate the next 100 years of continued commitment and meaningful contributions to the prosperity and well-being of our community.
VISIT TODAY!
Community Leaders
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Alabama Power, a subsidiary of Southern Company, is a leading energy producer in the nation. They provide dependable electricity and exceptional service to homes, businesses, and industries in the southern two-thirds of Alabama, serving a total of 1.5 million customers.
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Nucor is a highly diversified steel and steel products company based in North America. The team at Nucor is united by a vision to lead the industry through exceptional customer service, building strong partnerships, and delivering sustained value to clients.
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There are innovators out there who have the potential to revolutionize the way we think about feeding the world. Tyson Foods, Inc is one such company, with a rapidly expanding selection of protein-based brands and a commitment to transparency in all of their operations.
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WestRock is a leader in eco-friendly packaging solutions made from sustainable fibers. With a team of approximately 58,000 members and countless packages in use, we acknowledge our responsibility and contribution to developing a circular and sustainable economy.
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Since 1953, Medical Center Barbour has been dedicated to serving the needs of Barbour County and its neighboring areas. MCB has prioritized patient care and remains committed to providing compassionate treatment to all seeking our services for patient-centered quality care.
Community Partners
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Trust Earned. Integrity, Service, Accountability, Relationships, and Solutions. These are the values we live by and the foundation of the trust that customers and communities have placed in Trustmark for 133 years.
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We strive to build our bank as an integral part of each market we serve – large enough to offer comprehensive financial solutions yet small enough to make the financial goals of our customers our highest priority.
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Deeply connected to the Alabama communities we serve, Crowne Health Care works to meet the physical, emotional, spiritual, and personal needs of residents in a caring, compassionate environment where families come first.
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At SunSouth Bank, our goal is to deliver banking services that exceed your expectations. We strive for excellence in everything we do.
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Our team consists of passionate outdoorsmen and women, from board members to builders, who embrace the get-out-there lifestyle.
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We are a community bank that values each person as an individual, not just a number. You deserve our personal and undivided attention.
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We’ve been striving to become a convenient bank for the past century, with services and products tailored to meet your needs.
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A district providing academic and technical opportunities while maintaining the traditions of the best in public schools.
Living Here
News & Events
Tax Incentives
Tax Incentives
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Corporate Income
• Corporate Income Tax Rate Is 6.5%.
• Based on the Net Taxable Income of business done In Alabama.
• Businesses are permitted to deduct all of their Federal Taxes apportioned to Alabama.
Potential incentives include:
• Net-Operating Loss Carryforward.
• Pollution-Control Equipment Deduction.
• Income Tax Capital Credit.
• Basic Skills Educational Tax Credit. -
Capital Credit
• Available to qualifying all new and expanding companies and industries.
• Gives businesses up to 5% credit of capital costs.
• Can be applied to the Alabama Income Liability generated by the project income.
• Available annually for a maximum of 20 years. -
Favored Geographical Area
The Favored Geographical Area Program provides Capital Credit Incentives at lower investment rates ($500,000) and New Employee Thresholds to companies located in Enterprise Zones and/or less developed counties. For more information, visit the Economic Development Partnership of Alabama (EDPA).
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Enterprise Zone
Additional incentives may be available to new and expanding companies through the Enterprise Zone Program. This incentive includes up to $2,500 tax credit for each new permanent employee, as well as exemptions from income, sales & use, and business privilege tax liability.
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Business Privilege
• Based on a company's net worth in Alabama and the company's ability to pay.
• Rate ranges from $.25 to $1.75 for each $1,000 of net worth in Alabama.
Available incentives include:
• Pollution Control Equipment Deduction.
• Air Carrier with Hub Operations Deduction. -
State Unemployment
• Employer requirement for the State Unemployment Tax is based on the first $8,000 of each employee's compensation.
• Rates vary from 0.5% to 5.4%.
• New Employer Rate is 2.7%.
• Rates are based on the employer’s experience rating.
• Employees do not contribute.
Business Assistance
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Industrial Revenue Bonds
• Administered by local economic development organizations.
• Available for qualifying new and expanding companies.
• Can be used for land, building, and equipment purchases.
• Have lower interest rates and offer tax benefits. -
Revolving Loan Funds
State Program
• Administered through local economic development organizations.
• Provides gap financing for qualifying new and expanding industries that are creating new permanent jobs.
• Can be used for land, building, and equipment purchases, as well as working capital. -
Certified Capital Company Program
• Open to qualifying businesses that are headquartered in Alabama or are moving their headquarters to the state.
• Administered by the Alabama Department of Commerce and provides alternative funding to conventional bank financing. -
USDA Rural Development
The USDA provides business assistance programs, including grants and loans for those companies looking to develop in rural areas. More information about these programs, including grant and loan information, can be found at USDA Rural Development – Alabama.
Site & Infrastructure Assistance
Local municipalities are willing and able to apply for site preparation and infrastructure grants to assist new and expanding companies in Alabama.
Industrial Development Grant Program (site preparation)
• Used for land and labor surveys, site preparation, and road construction projects.
• Based on the amount of capital investment.
Alabama Infrastructure Grant Program
• Used to improve infrastructure on a site.
Alabama Industrial Access Road and Bridge Program
• Used to create industrial access to a site.
• Includes construction of roads and bridges.
Grants from the Alabama Department Of Economic and Affairs
Contact our Director of Economic Development, This email address is being protected from spambots. You need JavaScript enabled to view it., for additional information and opportunities.