Birmingham Business News - Local Birmingham News | Birmingham Business Journal
Alabama city invests in tech infrastructure with free WiFi
Fri, 18 Jan 2019 14:12:32 +0000
Montgomery is investing in its tech infrastructure with an upgraded fiber network as it develops a “Smart City Living Lab.” Tech companies, businesses and individuals can now benefit from free 1-gigabyte WiFi in the central part of its downtown area — paid for by the Montgomery Area Chamber of Commerce, according to the Montgomery Advertiser.  Alabama Power is in the process of laying a new fiberoptic network in downtown Montgomery and it plans to convert 22,000 street lights to LEDs. Street…
Ground broken for Airbus facility expansion in Mobile
Fri, 18 Jan 2019 14:00:00 +0000
Business leaders, politicians and company officials broke ground on an expansion of the Airbus plane manufacturing facility in Mobile this week. The expansion is expected to consist of an assembly line for Airbus' A220 jets. The company established an assembly line for A320s in 2012, in what was one of the largest economic development deals in the state that year. reports the expansion could create more than 400 jobs and represents an investment of more than $200 million. The first A220…
Bham real estate company acquires Denver company
Fri, 18 Jan 2019 14:00:00 +0000
A local real estate company expanded its reach outside of the Southeast with a recent acquisition. gkhouses, a single-family home property management company, acquired Echo Summit Property Management of Denver, Colorado. Financial terms of the deal were not disclosed. The acquisition means gkhouses now manages more than 1,800 homes in the communities of Denver and Ft. Collins, Colorado; Nashville and Chattanooga, Tennessee; Birmingham and Little Rock, Arkansas.   “Echo Summit Property Management…
How Birmingham's big closure will affect the business world
Fri, 18 Jan 2019 06:05:15 +0000
Birmingham's business community is bracing for the disruptive closure of its downtown interstate bridges. From commuting times to real estate, here's a look at the potential impact and the strategy to prevent a year-long traffic apocalypse.
Pelham firm opens new $4 million testing facility
Thu, 17 Jan 2019 20:56:21 +0000
Pelham-based Innovative Combustion Technologies has opened a new catalyst testing facility at its Pelham facility.  The facility has been designed to test and evaluate the performance of selective catalytic reductions from utility power plants firing coal, natural gas, biomass and other fuels which will be used to reduce emissions of nitrogen oxides. The facility is 4,500 square feet in total. Ultimately the building and facility required a total investment of about $4 million – with an estimated…
Shannon Waltchack buys two Colonnade area office buildings
Thu, 17 Jan 2019 20:37:33 +0000
The deal included two buildings with a total of more than 39,000 square feet combined.
Magic City named among top 50 U.S. cities for foodies
Thu, 17 Jan 2019 19:42:52 +0000
The Magic City has been named one of the best spots for food connoisseurs. The Daily Meal named Birmingham among the top 50 best foodie towns in the U.S. The list includes such giants in the culinary world as New York City and San Francisco but it also ventures into small towns where nationally and internationally renowned chefs have set up shop. Deciding factors for the list include a city’s variety of restaurants, diversity of dishes, and quality of chefs and their work.    “Birmingham has…
EvaBank increases lending presence in Bham
Thu, 17 Jan 2019 19:40:12 +0000
A Cullman-based bank has grown its lending presence in the Magic City with a new hire. EvaBank has named Apryl Fort-Kelly vice president and lender at the bank’s Birmingham branch. Fort-Kelly has more than 17 years of banking experience and previously worked at Birmingham’s largest bank. She has joined five other loan officers at the branch, including Tom Russell, who serves as senior vice president, senior lender, and Birmingham branch manager, and lenders Stephanie Linstrom, Neal Chambers,…
Bham real estate pros tapped for national, international leadership roles
Thu, 17 Jan 2019 17:58:43 +0000
The leadership positions could help put a big spotlight on the Magic City at a pivotal time.
Tech community bullish on BHM's new flight options
Thu, 17 Jan 2019 17:51:59 +0000
The routes to Raleigh, Pittsburgh and Austin may spell positivity on the horizon for Birmingham tech companies.