Albertville, Alabama
Railroad Rolling Stock Manufacturing Businesses

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Passenger Car Leasing Businesses In Albertville, AL

Albertville, Alabama Railroad Rolling Stock Manufacturing Businesses

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The SIC code for these Albertville local businesses is: 3743.

Find in Albertville, Alabama Railroad Rolling Stock Manufacturing businesses. Search Passenger Car Leasing local businesses located in Albertville, AL to get the products and services you want and need.


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Albertville, Alabama - Passenger Car Leasing Businesses


What Is The SIC Code Description For Railroad Rolling Stock Manufacturing Businesses?

Description For 3743 Railroad Equipment

Establishments primarily engaged in building and rebuilding locomotives (including frames and parts, not elsewhere classified) of any type or gauge; and railroad, street, and rapid transit cars and car equipment for operation on rails for freight and passenger service. Establishments primarily engaged in manufacturing mining cars are classified in Industry 3532. Repair shops, owned and operated by railroads or local transit companies, repairing locomotives or cars for their oWn use are classified in Transportation, Major Groups 40 and 41. Establishments primarily engaged in repairing railroad cars on a contract or fee basis are classified in Transportation, Industry 4789; and those repairing locomotive engines on a contract or fee basis are classified in Services, Industry 7699.

  • Brakes, railway: air and vacuum
  • Cars and car equipment, freight or passenger
  • Dining cars and car equipment
  • Engines, steam (locomotives)
  • Freight cars and car equipment
  • Industrial locomotives and parts
  • Interurban cars and car equipment
  • Locomotives, locomotive frames, and parts
  • Lubrication systems, locomotive
  • Mining locomotives and parts
  • Railroad car rebuilding
  • Railway motor cars
  • Rapid transit cars and equipment
  • Sleeping cars, railroad
  • Streetcars and car equipment
  • Switching locomotives and parts, electric and nonelectric
  • Tank freight cars and car equipment
  • Tenders, locomotive
  • Trolley buses, trackless


Where Can I Find Albertville, AL Business And Economic Information?

You can find more information about Albertville, Alabama's business and economic environment here:

Alabama Economic Data, Regulations And Limits On Commercial Insurance

Made In Alabama

Every business-minded person who is looking into opening a business knows that location plays a huge role in their success. It's important to ensure that the area where you're thinking establishing a business is conducive to your industry. Additionally, it's important to have a firm understanding of the rules and regulations that pertain to commercial operations in the area.

If you're an entrepreneur who is thinking about starting a business in the state of Alabama, read on to find an overview of The Heart of Dixie's economic data and commercial insurance requirements.

Economic Trends For Business Owners In Alabama

Unemployment rate is an important factor that prospective business owners should take into consideration before establishing a corporation, as it directly reflects the labor market of the area. A low rate of unemployment indicates that there are enough jobs to support the overall population, and jobs indicate that local businesses are successful.

This information directly reflects whether or not the economy of a state is healthy enough to support new businesses. As per the Bureau of Labor Statistics, Alabama's unemployment rate was 2.7% as of 2022, 0.8% lower than the national average of 3.5%. This is a good sign for entrepreneurs who are considering establishing a business in the state.

Birmingham is one of the top cities for business in Alabama. It's considered the hub of technological growth in the state, and is the site for numerous tech startups. Huntsville is also a key location for startups in the tech industry, as it's regarded as one of the most "tech-friendly" cities of the Southern United States. Montgomery and Tuscaloosa are also two cities potential business owners might consider setting up shop in the state of Alabama.

While several industries do well in the state, the following key sectors are experiencing the most growth in AL:

  • Aerospace and aviation
  • Agriculture
  • Automotive
  • Beverage production
  • Bioscience
  • Chemical development
  • Corporate operations
  • Cybersecurity
  • Distribution
  • Metals, such as iron and steel
  • Technology
  • Tourism
Commercial Insurance Requirements In Alabama

The Alabama Department of Insurance regulates insurance in AL. Alabama mandates very few forms of insurance coverage by law. They enforce worker's compensation.

Alabama requires you to have worker's compensation insurance if you have 5 or more employees on a regular basis. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors or domestic employees, though you should check to make sure any contractors you have are true contractors, and not employees.

Alabama also requires all business-owned vehicles to be covered by commercial auto insurance. Other insurance policies that business owners in AL need to invest in depend on the specific industry.



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Also find AL local small businesses by General Liability Class Code and learn about Alabama small business insurance requirements for general liability, business property, commercial auto & workers compensation including AL business insurance costs. Call us (205) 855-5999.