Following a record year of over 4,500 jobs and $1 billion in capital investment for the Birmingham region, President and CEO of the Birmingham Business Alliance (BBA), Brian Hilson, announced he is stepping down to take another economic development position within Alabama. He will remain with the BBA until March 29, 2019.
Birmingham-based RxBenefits, a pharmacy benefits solution platform, added 76 new jobs in Birmingham last year, bringing its Birmingham employee count to 187.
In addition to adding new employees – eventually there will be 120 additional jobs in Birmingham – the company expanded its headquarters space, located at the Colonnade, and invested in technology.
The Birmingham seven-county region’s St. Clair County was recognized recently for its economic resilience in the aftermath of 2008’s Great Recession.
United States Steel Corp. announced today it would add around 150 full-time employees and invest $215 million to restart construction on a technologically advanced electric arc furnace (EAF) steelmaking facility in the Fairfield community of Birmingham.
The Birmingham Business Alliance’s Vice President of Regional Development Nan Baldwin is involved in numerous different projects through her work, including Opportunity Zones, Alabama Communities of Excellence and transportation infrastructure talks, just to name a few. Her work all has one common purpose – to enhance the quality of life for all Birmingham residents. The BBA sat down with Baldwin recently to talk about her work and why she is passionate about it.
For Traci Wells, human resources manager at Kamtek, the greatest challenge she faces in her job is recruiting within skilled trades, specifically the tool and dye trade that Kamtek specializes in.
“Recruiters will say we can’t do it,” she said. “They literally tell us ‘You can’t do it.’”
So the team at Kamtek, a Tier 1 automotive manufacturing supplier that specializes in metal stamping and assembly and is most especially known for its work with Mercedes-Benz, decided to show recruiters they could do it – by building an apprenticeship program to help grow its own workforce, which currently employs 1,000 in Birmingham.
Dave Gray, one of Birmingham’s entrepreneurial leaders, is launching a new project, Biso Collective, a software business. Gray, who was CEO of Birmingham-based Daxko and still maintains a board seat with the company, spoke to the Birmingham Business Alliance about his new business, why Birmingham is a great place to start a company and what has driven Birmingham’s recent tech boom.
The typical vehicle today gets 40 percent better gas mileage than the typical vehicle in 1992, which is the last time the gas tax was increased. Roads, however, cost two to three times as much now, said John Cooper, director of the Alabama Department of Transportation (ALDOT), when he spoke this week to the Birmingham Business Alliance’s Governmental Affairs Committee.
Waymond Jackson, senior vice president of public policy for the Birmingham Business Alliance (BBA), has been selected as a winner in the economic development profession’s 40 Under 40 Awards, the only award of its kind recognizing young talent in the economic development industry.
Four Birmingham entrepreneurs gave advice on how to fundraise to a packed house at Innovation Depot last week.
The Investors Roundtable was hosted by the Birmingham Business Alliance in partnership with the BBJ and Innovation Depot. The event was part of a series focused on different topics in the Birmingham startup community, with this roundtable zeroing in on small businesses that have recently raised money through various platforms.
U.S. Senator Richard Shelby will be in Washington, D.C., this week as the Senate takes two key votes aimed at ending the government shutdown.
Before heading back to D.C., Shelby spoke to Birmingham Business Alliance (BBA) leadership about the shutdown and other federal policy in a policy briefing at the BBA office.
Local companies in Birmingham’s core sectors are reporting nearly 20 percent market share growth over the previous year, according to the Birmingham Business Alliance’s Business Retention and Expansion program.
The BBA staff visited 138 companies representing over 21,000 local employees last year. These companies announced 1,782 new jobs and $190 million in capital investment in 2018, a steady increase over 2017, where companies announced 640 new jobs and $96 million in capital investment.
Last year was a landmark year for innovation and technology in Birmingham, and already 2019 is shaping up to be successful as well. We sat down with the Birmingham Business Alliance’s Vice President of Innovation and Technology Jon Nugent to discuss what’s on the horizon and why tech companies are choosing Birmingham.
Four new nonstop flights will be offered from Birmingham beginning this April.
Via Airlines, a carrier based in Florida that flies 50-seat Embraer ERJ145s, will offer direct flight service from Birmingham to Mobile, Austin, Pittsburgh and Raleigh beginning in the spring. This announcement brings Birmingham-Shuttlesworth International Airport’s (BHM) number of nonstop destinations to 22 airports in 19 cities.
Birmingham-based Brasfield & Gorrie opened a new IT center recently, part of an ongoing plan to renovate and expand the general contractor’s headquarters.
Birmingham’s emphasis on building out apprenticeships for its workforce is gaining steam and garnering national attention.
The Wall Street Journal recently highlighted a trip made by Birmingham Mayor Randall Woodfin to Bremen, Germany, who visited software company abat AG to tour its training facility.
Birmingham-based BioHorizons, a medical device company that creates dental implant products, is growing.
The company, headquartered in Hoover, recently announced a $2 million expansion that will create 60 jobs in manufacturing, quality, distribution, and research and product development. The company employs 190 in Birmingham and 560 worldwide. The average salary of the 60 jobs announced in the expansion is $50,000. The Hoover City Council approved nearly $60,000 in tax incentives for the expansion.
Incysus Therapeutics Inc., a biopharmaceutical company with its scientific operations based in Birmingham, announced it has raised $10 million in Series A financing.
The company is focused on developing scientific advancements for the treatment of cancers, specifically leukemia, lymphoma and glioblastoma. Proceeds from the financing will be used to support advancement of Incysus’ drug-resistant immunotherapy technology in both pre-clinical and clinical programs.
2018 was a solid year for innovation and technology in the Birmingham region, and the national media took notice. Forbes took a look “inside Birmingham’s bid to become the Southern Silicon Valley” and Barron’s told readers to “add Birmingham to tech’s growing list of hubs.” Ozy.com said Birmingham is becoming a “mecca for startups” and livability.com agreed, calling the city one of its “up-and-coming tech hotspots.”
Birmingham amassed 42 accolades in 2018 – tied with 2016 for the largest number of accolades the region has attained in one year since the Birmingham Business Alliance (BBA) began tracking accolades in 2011.
Birmingham appeared in Forbes, Barron’s, U.S. News and World Report, Inc., CNN, the Travel Channel and others. Take a look at some of the highlights.