When I was a young business person four major banks were headquartered in Birmingham: First National Bank, Birmingham Trust National Bank, Exchange Security Bank, and Central Bank. These banks eventually morphed into AmSouth, SouthTrust, Regions, and Compass.
If this article doesn’t get your attention about the future of greater Birmingham—nothing will.
We all know how a bathtub works.
Water comes out of a faucet into a tub and as long as the stopper is engaged, the bathtub fills up.
But what happens if there is no stopper? Continue reading Birmingham like a bathtub with no stopper
With Vulcan Materials facing a hostile takeover bid from a North Carolina-based competitor, Birmingham is on the verge of losing another public company headquarters. Even if Vulcan survives, the trend is ominous.
According to a Birmingham Business Journal article from December 16, 2011, titled “A troubling trend for Birmingham,” a little more than a decade ago, Birmingham was home to at least 30 publicly traded companies and now we’re down to 15. Continue reading Will the last big company left in Birmingham please turn out the lights