As of 2023, Birmingham has two Fortune 500 public companies: Regions Financial Corporation and Vulcan Materials Company. [1] Multiple other Birmingham companies rank in the top 1000.
Several privately held companies headquartered in Birmingham have annual revenues exceeding one billion dollars. These include American Cast Iron Pipe Company, Brasfield & Gorrie, BE&K, Drummond Company, EBSCO Industries, Harbert Management Corporation, McWane, and O'Neal Steel.
Birmingham is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2022 census estimates, Birmingham had a population of 196,910, down 2% from the 2020 census, making it Alabama's third-most populous city after Huntsville and Montgomery. The broader Birmingham metropolitan area had a 2020 population of 1,115,289, and is the largest metropolitan area in Alabama as well as the 50th-most populous in the United States. Birmingham serves as an important regional hub and is associated with the Deep South, Piedmont, and Appalachian regions of the nation.
CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963.
Encompass Health Corporation, based in Birmingham, Alabama, is one of the United States' largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 36 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Effective January 2, 2018, the organization changed its name to Encompass Health Corporation and its New York Stock Exchange (NYSE) ticker symbol from HLS to EHC.
John Murdoch Harbert III was an American businessman. He is best known for building his international construction company, Harbert Corporation, into one of the world's largest, along with creating a personal wealth of well over $1.7 billion. Harbert lived with his wife Marguerite in the Birmingham, Alabama suburb of Mountain Brook.
SouthTrust Corporation was a banking company headquartered in Birmingham, Alabama. In 2004, SouthTrust reached an agreement to merge with Wachovia in a stock-for-stock deal. At the time of the merger with Wachovia was completed, SouthTrust had $53 Billion in assets. SouthTrust was listed on the NASDAQ exchange under the ticker symbol SOTR. The company was headquartered in the SouthTrust Tower, now known as the Shipt Tower. SouthTrust had branches in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. By the end of 2005, all former SouthTrust branches that remained open carried the Wachovia name.
Sonat, Inc., headquartered in Birmingham, Alabama, was a large Fortune 500 American energy holding company. The company was founded in 1928 and was listed on the New York Stock Exchange under the ticker symbol "SNT". Sonat was primarily involved in transmission and marketing natural gas and oil and gas exploration and production. The company was also involved in contract offshore drilling until 1995 when the offshore business became Transocean. In 1999 Sonat merged with El Paso Corporation. The company was headquartered in the AmSouth-Sonat Tower in downtown Birmingham.
The Birmingham District is a geological area in the vicinity of Birmingham, Alabama, where the raw materials for making steel, limestone, iron ore, and coal are found together in abundance. The district includes Red Mountain, Jones Valley, and the Warrior and Cahaba coal fields in Central Alabama.
Regions Financial Corporation is an American bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 branches in 16 states in the Southern and Midwestern United States.
CVS Caremark is the pharmacy benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island.
The Regions Center is a 390-foot (120-meter) tall, 30 story office tower located at the northwest corner of 20th Street and 5th Avenue North in Birmingham, Alabama, United States.
Southern Natural Gas Company, headquartered in Birmingham, Alabama, is a natural gas pipeline company that was founded in 1928 and is currently a division of Kinder Morgan. The company was a division of Birmingham-based Sonat Inc. until 1999 when Sonat and El Paso Corporation merged. El Paso was acquired by Kinder Morgan in 2012.
McWane, Inc. is one of the world's largest manufacturers of iron water works and plumbing products and one of America's largest privately owned companies. The company manufactures a host of different products including ductile iron pipe and fittings, cast iron soil pipe and fittings, heavy duty couplings, utility poles, network switches, monitoring equipment and related products. McWane is also a manufacturer of pressurized cylinders for the storage of propane and other gases through its Manchester Tank and Equipment Company division, as well as fire protection systems and extinguishers through its Amerex subsidiary.
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's largest healthcare company, and its headquarters are in Woonsocket, Rhode Island. In 2023, the company was ranked 65th in the Forbes Global 2000.
The state of Alabama has invested in aerospace, education, health care, banking, and various heavy industries, including automobile manufacturing, mineral extraction, steel production and fabrication. By 2006, crop and animal production in Alabama was valued at $1.5 billion. In contrast to the primarily agricultural economy of the previous century, this was only about 1% of the state's gross domestic product. The number of private farms has declined at a steady rate since the 1960s, as land has been sold to developers, timber companies, and large farming conglomerates.
Brasfield & Gorrie, LLC, headquartered in Birmingham, Alabama, is one of the United States' largest privately held construction firms, providing general contracting, design-build, and construction management services for a wide variety of markets. Founded in 1964, Brasfield & Gorrie has 12 offices and approximately 3,500 employees. Its 2022 revenues were $5 billion. Engineering News-Record ranks Brasfield & Gorrie 21st among the nation’s “Top 400 Contractors” for 2022. Modern Healthcare ranks the company No. 1 among healthcare general contractors in the nation.
Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corporate headquarters is located in the 700 Market building in downtown St. Louis.
Universal American is a Fortune 500 company with offices throughout the United States, and headquarters in Rye Brook, New York. The company offered health insurance, and also deals in Medicare managed care plans, and Medicare prescription drug benefits. Its CEO is Richard A. Barasch.
The Regions-Harbert Plaza is a 32-story, 437-foot-tall (133 m) office building in Birmingham, Alabama. Originally known as the AmSouth-Harbert Plaza, it was renamed on July 13, 2007, after AmSouth Bancorporation - the building's largest tenant - merged with Birmingham-based Regions Financial Corporation. Today, the 200,000 square feet (19,000 m2) that Regions leases makes it the building's largest tenant.
The Birmingham metropolitan area, sometimes known as Greater Birmingham, is a metropolitan area in north central Alabama centered on Birmingham, Alabama, United States.
The Alabama Academy of Honor recognizes one hundred living Alabamians for outstanding accomplishments and services to Alabama and the United States. By act of the Alabama Legislature, only one hundred living people may be members at any time. Up to ten additional members per year are elected by current members when honorees pass away, by majority vote in order of highest vote total. Any Alabama citizen or Academy member may nominate people for election. Living present and past governors of Alabama are automatically members of the Academy and do not count against the 100-person maximum. At any time, no more than twenty-five percent of the Academy's members may be politicians.