Thursday, February 11, 2016
BIRMINGHAM SELECTED AS ONE OF ALABAMA'S TOP ECONOMIC DEVELOPMENT CITIES AND CORPORATATIONS
Birmingham, Alabama was recently selected as one of the Top Economic Development Cities and Corporations in America, a report that will appear in the February/March 2016 issue of Global Trade and features the country’s most thriving and progressive economic development corporations.
Global Trade implemented a service to allow leading companies to post profiles of their cities to help other executives research locations for their next facilities. The profiles include information pertinent to site selection decisions such as tax rates, workforce data, incentive programs, logistics infrastructure, and much more. As part of this service, the magazine invited companies to enter factual- and anecdote-based submissions to be evaluated for inclusion in the Top Economic Development Cities and Corporations in America rankings. Global Trade received roughly 50 entries between October 2015 and January 2016, and the City of Birmingham earned its place on the list.
“Birmingham’s unparalleled success in recent years in business recruiting continued in 2015 with announcements, ground breakings and ribbon cuttings by leading companies such as British-startup Oxford Pharmaceuticals; automobile supplier Kamtek, a division of Canada’s Magna International; and health care giants Steris and LabCorp, testifying to the City’s presence as a leader in international and domestic trade and business attraction,” said Birmingham Mayor William A. Bell, Sr. “We are excited to have global corporate citizens gain a new appreciation for a City moving forward to greater heights with every passing day.”
Maynard is once again proud that Alabama is being recognized for its accomplishments in economic development. “This distinguished honor for Birmingham to be selected as one of the Top Economic Development Cities and Corporations in America compliments Alabama’s recent designation as the 2015 State of the Year [in Business Facilities],” said Tom Brinkley, Maynard Shareholder and Chair of the firm’s Economic Development and Incentives practice. “With Alabama’s unsurpassed tax incentives programs,” he adds, “we are able to provide our clients, including Kamtek, a Magna subsidiary, with attractive opportunities for new business ventures in our area. We are pleased that Kamtek participated in Global Trade’s survey of the nation’s top economic development cities.” Maynard is actively involved in promoting Alabama to new and existing industries - both national and global - and our team of experienced lawyers routinely supports all phases of the economic development projects, including negotiating incentives with the State, site selection and real estate development, employment contracts, and compliance with state and international trade regulations.
Global Trade is the magazine for U.S. companies doing business globally. With 100 percent of its distribution focused in America, its coverage includes export-centric information, and how-to features ranging site selection, all modes of global logistics, trade finance, and much more.