Birmingham Business News - Local Birmingham News | Birmingham Business Journal
Birmingham manufacturer makes C-level, officer appointment
Thu, 19 Apr 2018 19:53:22 +0000
The executive changes involve a chief administrative officer and a vice president of human resources.
Alabama, Notre Dame set home and home series
Thu, 19 Apr 2018 19:36:16 +0000
The University of Notre Dame and the University of Alabama have agreed to set a home and home series.  “It doesn’t get more tradition-rich than Alabama and Notre Dame when it comes to college football,” Alabama Director of Athletics Greg Byrne said. “What a great opportunity this is for our program and for our fans to kick off the 2028 and 2029 seasons.” The series will take place on Sept. 2, 2028, in Tuscaloosa and Sept. 1, 2029, in South Bend, Indiana.  “We are excited to be…
Regions earns award for workplace environment
Thu, 19 Apr 2018 19:31:51 +0000
Regions Bank has once again won an award for its workplace environment. For the fourth consecutive year, Gallup has awarded the bank the Great Workplace Award – the highest honor that was created to recognize organizations for their ability to create an engaged workplace that drives business results. Regions is one of 39 companies selected for 2018. Regions has recently been recognized in multiple other areas. The bank was ranked in the top 10 percent of more than 300 companies for customer service…
UAB selling property adjacent to Regions Field
Thu, 19 Apr 2018 19:23:54 +0000
The site is located in the epicenter of one of Birmingham's most active districts, and could pave the way for another major addition to the area.
Project pipeline is robust for Birmingham's health care providers
Thu, 19 Apr 2018 17:52:55 +0000
Birmingham's health systems are investing heavily in new construction and renovation projects.
Birmingham ranks among highest with mortgage debt
Thu, 19 Apr 2018 17:30:06 +0000
Birmingham has one of the highest mortgage debts in the nation. That’s according to a study by WalletHub that determined cities where homeowners have the most unsustainable mortgage debts. According to the study, in which the 99th percentile equals the most overleveraged, Birmingham ranked in the 95th percentile with an overleverage score of 42.41. WalletHub determined which cities are home to the most overleveraged mortgage debtors by comparing the median mortgage balances against the median…
Residential real estate conference to feature local, national experts
Thu, 19 Apr 2018 17:22:11 +0000
Residential real estate professionals will get the chance to gather for continuing education hours and industry insight next month. The Alabama Center for Real Estate will host its second annual ACREres conference and expo. The organization has hosted a similar commercial real estate conference and expo, ACREcom, for years. ACREres 2018 will take place May 3 at The Club in Birmingham. The theme is "Flash Forward, temporarily moving ahead in time to reveal expected, projected or imagined events." Among…
Two longtime leaders retiring from Alabama Power's board of directors
Thu, 19 Apr 2018 17:16:41 +0000
Two longtime leaders of Alabama Power's board of directors are retiring at the end of the month. David J. Cooper Sr. of Mobile and Patricia M. King of Anniston will finish their terms with the energy provider April 27. Cooper, vice chairman of Cooper/T. Smith Corp. in Mobile, has served on the Alabama Power board since 1998. He first joined his family company, Cooper/T. Smith, after college and now operates its 37 ports in the United States and in South America. The company has 31 subsidiaries…
Horse-drawn carriage travel not ideal for Birmingham's bustling streets
Thu, 19 Apr 2018 16:43:10 +0000
Many heard the news that horse-drawn carriages are returning to Birmingham and smiled, thinking about how pleasant it would be to take a ride with a new vantage point. After all, horses are powerful creatures and enjoy the work. But many animal lovers around town understand that work is meant for the farm, fields and smaller suburban areas with less hustle and bustle. And, common sense indicates horses are not meant for trekking along hot asphalt, exhaust fume-riddled streets, boisterous bar and…
Bham broker closes senior housing community sale
Thu, 19 Apr 2018 16:20:13 +0000
A Birmingham real estate pro recently brokered a deal in Mississippi. Josh Randolph of Colliers International Alabama represented the seller in the sale of The Claiborne at Adelaide. The sale price was $22.7 million for the 56,658-square-foot facility. The buyer in the deal was undisclosed. The Claiborne at Adelaide is located in Starkville, Mississippi, and consists of 43 assisted living units, 25 memory care units and 14 independent living cottages. The facility was constructed in 2016. Senior…