Governor Ivey Proclaims National Small Business Week
News Summary Alabama’s Governor Kay Ivey has proclaimed a week in May as National Small Business Week to honor the essential role of small businesses in the state. With 99.4% of all businesses classified as small, they employ nearly half of Alabama’s workforce and significantly contribute to the economy. The week aims to recognize local […]
Diverse Business Council Summit Promotes Inclusivity in Alabama
News Summary The 2025 Diverse Business Council Summit convened in Tuscaloosa, focusing on the achievements and challenges of minority-owned businesses. Attendees discussed strategies for enhancing diversity and fostering inclusivity in the business community. Key speakers emphasized the importance of workplace diversity and the ongoing commitment to supporting minority enterprises, especially amid recent economic challenges. The […]
Birmingham Banking Community Transformed by Merger
News Summary FB Financial Corporation has announced a major merger with Southern States Bancshares, promising to reshape financial services across Alabama and Georgia. This partnership aims to expand banking resources and improve customer experiences, set to close in late 2025, pending approvals. Both banks’ leadership express strong optimism for the merger’s benefits, including generous shareholder […]
Amazon Becomes Title Sponsor of Magic City Classic in Birmingham
News Summary Amazon has officially taken over as the title sponsor for the Magic City Classic in Birmingham, enhancing the fan experience during this cherished football rivalry. This exciting partnership will include a host of community initiatives, culminating in a weeklong celebration that attracts thousands. The match features Alabama A&M University and Alabama State University, […]
Birmingham’s Initiative to Attract Tech Companies Expands Statewide
News Summary The Economic Development Partnership of Alabama is expanding its Birmingham Bound initiative into a statewide effort to attract tech companies. Originally launched in 2018 by Shipt, this new venture focuses on promoting Birmingham as an ideal location for innovative businesses. Supported by recent federal funding, the initiative aims to enhance job opportunities and […]
Huntsville Honors Local Business Leaders Kim and Larry Lewis
News Summary Kim and Larry Lewis, founders of PROJECTXYZ Inc., have been awarded Alabama’s Small Business Persons of the Year by the U.S. Small Business Administration. This recognition highlights their contributions during National Small Business Week and emphasizes the importance of small businesses in driving Alabama’s economy. The Lewis duo are passionate about innovation and […]
Gadsden Business Owners Face Challenges Amid New Tariffs
News Summary Local business owners in Gadsden, Alabama, are struggling with the latest tariffs introduced by the Trump administration. These tariffs impose significant costs on clothing and non-clothing goods, directly impacting small businesses’ operations and bottom lines. While some sectors, like the auto industry, brace for shifts, others, such as local seafood providers, fear rising […]
Birmingham Residents Prepare for $100 Million Internet Expansion
News Summary Birmingham is set to receive a $100 million investment from Lumos to enhance its internet connectivity through a robust fiber-optic network. This expansion aims to benefit nearly 100,000 residents, particularly underserved communities, by providing high-speed internet access. With over 1,300 miles of fiber infrastructure being laid down, locals will experience improved digital opportunities, […]
Birmingham Receives Fiber Optic Internet Expansion
News Summary Lumos is bringing 100% Fiber Optic Internet to Birmingham, Alabama, marking its sixth state of operation. They plan to install over 1,300 miles of fiber to provide high-speed internet access to nearly 100,000 underserved households. This expansion will support local job creation, enhance digital skills, and contribute to economic growth in the Birmingham […]
Coca-Cola Bottling Company United Invests $330 Million in Birmingham
News Summary Coca-Cola Bottling Company United has announced a $330 million investment in a new facility in Birmingham’s Kingston community. This development will create 50 new jobs and retain over 750 existing ones, marking a significant boost for the local economy. The facility will feature a 150,000-square-foot office complex and a 300,000-square-foot warehouse. State officials […]