Record number of jobs, capital investment in Birmingham in 2018

Birmingham companies announced significantly more jobs and capital investment in 2018 than in 2017, according to the Birmingham Business Alliance (BBA).

In 2018, 58 companies across the Birmingham seven-county region announced 4,511 jobs and $1,026,024,686 in capital investment, compared with 3,068 jobs and $572.7 million in capital investment announced by 40 companies in 2017. The seven-county region encompasses Bibb, Blount, Chilton, Jefferson, St. Clair, Shelby, and Walker counties.

BBA’s Baldwin discusses connecting the community to business needs

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.

KAMTEK creates workforce pipeline through booming apprenticeship program

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.

Former Daxko CEO Gray discusses his compelling alternative for entrepreneurs

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.

Latest BBA Investors Roundtable focuses on fundraising

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.

Birmingham companies report substantial growth in 2018

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.