Birmingham Business News - Local Birmingham News | Birmingham Business Journal
Crane Watch: Downtown, Avondale and Hoover
Fri, 16 Feb 2018 21:05:53 +0000
We're off and running with construction projects in the Magic City in 2018. While a bulk of activity has happened–and will continue to happen–in the city center or city adjacent areas, you can also see plenty of exciting projects happening throughout the metro area by looking at our Crane Watch map. Today we've updated the map to include projects big and small in the Magic City area, including a number of hotels in downtown, a retail redevelopment in Avondale, a community hub in Ross Bridge…
Which are the best hotels and resorts in Alabama?
Fri, 16 Feb 2018 21:04:57 +0000
Some of the Yellowhammer State's best hotels and resorts are in Birmingham, according to a major media company. The Birmingham metro area featured heavily in two U.S. News & World Report rankings of the six best resorts and 15 best hotels in Alabama. The Renaissance Birmingham Ross Bridge Golf Resort & Spa in Birmingham came in second place in the resort ranking. Among the best hotels in the state, the Grand Bohemian Hotel in Mountain Brook came in third, Renaissance Birmingham Ross Bridge came…
Car rental tax bill to support BJCC stadium, renovation moves forward
Fri, 16 Feb 2018 21:03:59 +0000
A bill that would activate a dormant car rental tax in Jefferson County to fund upgrades to the Birmingham-Jefferson Convention Complex and new stadium at the BJCC has advanced in the Alabama Legislature. The Jefferson County Senate Committee approved the bill in a 7-0 vote earlier this week, advancing the bill to the full Senate, which could consider the measure next week. The bill is sponsored by Sen. Jabo Waggoner. Rep. Jack Williams is sponsoring the House version, which received its first…
Infrastructure inaction puts Alabama lawmakers in tough spot
Fri, 16 Feb 2018 20:30:22 +0000
The lack of proaction on the part of the Alabama Legislature when it comes to the state’s crumbling infrastructure will soon come back to haunt the state. The only question is: Who’s it going to harm?  For years, it’s been clear Alabama needed to address its infrastructure challenges by finding additional revenue. Many groups – including some of the heaviest hitters in the state’s business world – believe the best answer to tackling the severe problems facing the state’s roads and…
Campbell Guin names two new partners in Bham office
Fri, 16 Feb 2018 20:23:59 +0000
Campbell Guin, LLC has named two new partners to its ranks.
Choose your employee benefit plan auditor wisely
Fri, 16 Feb 2018 20:00:03 +0000
Now is the time of the year to begin planning for your employee benefit plan audit and selecting a qualified auditing firm. Easy: maybe. Risky: definitely. Both the IRS and Department of Labor have increased their enforcement of corporate employee benefit plan compliance. One key issue in their crosshairs is plan audits.   Any plan sponsor with 100 or more eligible participants is required to have a financial statement audit of the plan. An independent, qualified public accountant must perform…
Legal roundup: Baker Donelson recognized in Fortune, Swift Currie attorney named to JAG position
Fri, 16 Feb 2018 18:21:09 +0000
Editor’s Note: Legal Roundup is the BBJ’s weekly look at news and notes from the local legal scene. Send items to • Baker, Donelson, Bearman, Caldwell & Berkowitz, PC has been named one of Fortune magazine’s “100 Best Companies to Work For” for the ninth consecutive year. The law firm is ranked 96th in the 2018 edition, which recognizes companies with exceptional workplace cultures. In naming Baker Donelson to the list, Fortune highlighted employees' trust in…
This exec's new real estate company has eyes on Birmingham's urban fabric
Fri, 16 Feb 2018 17:47:49 +0000
Ali Wilburn co-founded a new real estate firm last year that has a vision for continuing Birmingham's revitalization.
Talking Alabama's assets, Toyota-Mazda and more with National Association of Manufacturers CEO Jay Timmons
Fri, 16 Feb 2018 17:32:58 +0000
A leading advocate for the manufacturing industry is touring Alabama and other parts of the country in the hopes of raising awareness of the unique opportunities in the sector. Jay Timmons, president and chief executive officer of the National Association of Manufacturers and chairman of the board of The Manufacturing Institute, is no stranger to the Yellowhammer State, which has been on a hot streak in the manufacturing world – punctuated by the recent Toyota-Mazda announcement. He spoke with…
Alabama clocks in $21.7B in exports in 2017
Fri, 16 Feb 2018 14:46:02 +0000
The Yellowhammer State is shipping more and more of its products outside the country. Alabama posted a record $21.7 billion in total exports in 2017. The number marks a rise of more than 6 percent from 2011, 21 percent from 2011, and 50 percent from 2008. “We’ve seen Alabama exports continue to expand in recent years, strengthening our economy at home and creating more opportunities for our citizens,” Gov. Kay Ivey said. “The companies sending Alabama-made products to markets across the…