
Describing the economy in Tuscloosa County requires a lengthy lexicon; no one
word or two will do the job.
"Stable" is a good descriptive word. Unemployment in Tuscaloosa County
usually runs much lower than in other parts of Alabama.
"Diversified" is a good modifier. Roughly 33 percent of the non-agricultural
workforce has jobs in government, healthcare and education. With the University
of Alabama, Stillman College, and Shelton State Community College, two large
public school systems and a number of private schools, education is big business
in Tuscaloosa County. Healthcare employers also play a large role, and the DCH
Health System has two hospitals. The Veterans Administration Hospital is a large
complex, and Bryce Hospital and the Partlow Developmental Center serve mentally
challenged patients.
Tuscaloosa's churches, especially in the downtown Tuscaloosa area, are continually
building facilities to serve the needs of congregations of up to 5,000.
Put “dynamic” in front of economy. Businesses and industries are
expanding. The two major industrial parks (one at the Municipal Airport, the
other on the way to Birmingham) continue to add occupants. Call the economy
“international.” Tuscaloosa County has drawn major investments by
companies from France, Germany, Japan, Italy, the United Kingdom, and Canada.
Fifteen
percent of the 98,800 non-agricultural workforce works in manufacturing. Those
manufacturers include BF Goodrich, JVC America, Johnson Controls, Radicispandex,
ZF Lemforder, Mercedes-Benz, Hunt Refining, and Gulf States Paper Corp.
The diversity of manufacturing includes automotive, electronics, plastic injection
molding, steel, wood products, food products and chemicals among the manufacturing
ventures in the area.
TOP TEN EMPLOYERS
The University of Alabama
Higher Education
DCH Regional Medical Center
Medical Services
Mercedes-Benz U.S. International
All-activity vehicles
Tuscaloosa County Board of Education
Public Education
Jim Walter Resources
Coal Mining
BF Goodrich Tire Manufacturing
Radial Tires
Tuscaloosa City Board of Education
Public Education
Phifer Wire Products
Aluminium/Fiberglass Screening
City of Tuscaloosa
Local Government Services
Veterans Administration Hospital
Specialize Health Care
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TOP MANUFACTURING EMPLOYERS
Mercedes-Benz U.S. International
All-Activity Vehicles
BF Goodrich Tire Manufacturing
Radial Tires
Phifer Wire Products
Aluminum/Fiberglass Screening
Westervelt Company, Inc.
Paper Products
Johnson Controls
Automotive Components
Hunt Refining
Oil Refining
ZF Industries
Automotive Axle Systems
Nucor Steel Tuscaloosa
Coil and cut plate steel
JVC America
CDs/Magnetic Tape
Syncreon
Automotive Supplier
Coral Industries
Bathroom Fixtures
Hanna Steele Corporation
Steel Tubing
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Or you can call the economy “home grown.” Large companies like
Randall Publishing, Fitts Industries, and Phifer Wire Products were born and
raised in Tuscaloosa County - and they are prospering today.
“Bustling” is an adjective for the retail and wholesale trade in
which more than one-fifth of the workforce sells everything from small specialty
items to clothes on a hanger to sporting goods and sports utility vehicles.
Construction,
transportation, finance, insurance, real estate also thrive in Tuscaloosa County.
Many of these are small businesses - the backbone of the economy and 85 percent
of the membership in the Chamber of Commerce. Describe them as energetic, innovative,
and enterprising. Tuscaloosa County has become an outstanding investment opportunity
for small business development and new business startups. In fact, the Tuscaloosa-Birmingham
corridor consistently ranks in the top 20 markets in the U. S. for entrepreneurial
success
A strong system of banks, credit unions and other financial institutions stand
behind business and industry. The 15 major banks and 12 credit unions have combined
deposits of several billion dollars, and represent an exceptional base for meeting
the needs of an expanding economy and growing community.
Support for existing business and entrepreneurs comes from a number of sources,
the chief of which is the Chamber of Commerce of West Alabama - which has a
professional staff, an up-to-date Business Resource Center, a cutting-edge One
Stop Licensing and Permitting Center, and an active Service Corps of Retired
Executives (SCORE).
Alabama
International Trade Center, the Small Business Development Center, the Small
Business and Family Business Institute, the Alabama Institute for Manufacturing
Excellence, and the Center for Business and Economic Research are among other
business partners that provide assistance. All of these are located at the University
of Alabama. The Entrepreneurial Development Center and the Center for Advanced
Productivity are at Shelton State Community College. The Center for Workforce
Development is also located Shelton State, and a broad-based, multi-faceted
and community-wide effort to improve both the quantity and quality of the labor
force for West Alabama is coordinated at this office.
Stillman College (a historically black college) manages the Disadvantaged Enterprise
Program, which seeks to advance opportunities for minorities in the marketplace.
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