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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. Private companies with revenue over one billion
Alabama National BanCorporation: Financials Banks Birmingham: 1986 Defunct 2008 P D Alabama Power: Utilities Conventional electricity Birmingham: 1906 P A Alagasco: Utilities Gas distribution Birmingham: 1852 Defunct 2017, now part of Spire Inc: P D American Cast Iron Pipe Company: Industrials Industrial suppliers Birmingham: 1905 Pipes and ...
In 2006, MTD began building lawn equipment under the fmc brand for sale in Europe. In 2007, MTD began building the low-end lawn and garden tractors for its otherwise competitor, Toro. In 2008, MTD began having a third-party company (located in China) manufacture a new line of engines for the Craftsman 2008 line of snowthrowers.
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Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
The company also owns Alabama By-Products Corporation, also known as ABC Coke, located in Tarrant, Alabama. [2] According to Forbes , it is "the largest single producer of foundry coke in the U.S.." [ 2 ] Starting 2015, Drummond funneled money though its law firm Balch & Bingham to a retired state legislator Oliver Robinson .
Motion Industries began as Owen Richards Co., an industrial supply company, which Caldwell Marks and William Spencer III purchased in 1946 in Birmingham. They changed the name to Motion Industries , according to the founders, "because everything we do moves – we're in the bearing and transmission business."
On May 7, 2008, BE&K, Inc. announced that it would be acquired by the Houston, Texas–based construction firm KBR, Inc. for $550 million. [7] [8]In 2015, KBR sold the BE&K Building Group LLC subsidiary and the BE&K brand, including all associated trademarks and domains, to Pernix Group, Inc. [9] [10] The BE&K brand is now wholly owned by Pernix Group and solely used by BE&K Building Group, LLC.