Montgomery Business Journal – June July August 2013 by Montgomery Area Chamber of Commerce

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Randall L. George EXECUTIVE EDITOR

Tina McManama MANAGING EDITOR

David Zaslawsky COPY EDITOR

Lashanda Gaines

IMAGINE A GREATER MONTGOMERY 2013 PROGRESS REPORT

DESIGN

Copperwing Design PHOTOGRAPHER

Robert Fouts

ADVERTISING:

Linda Drumheller 334-240-9494 mbjsales@montgomerychamber.com Montgomery Business Journal c/o Montgomery Area Chamber of Commerce Post Office Box 79 41 Commerce Street Montgomery, Alabama 36101 Telephone: 334-834-5200 Fax: 334-265-4745 Email: mbj@montgomerychamber.com www.montgomerychamber.com/mbj The Montgomery Business Journal (USPS NO. 025553) is published monthly except for the combined issues of June/July/August and November/December, by the Montgomery Area Chamber of Commerce, 41 Commerce Street, Montgomery AL 36104, (334) 834-5200, www.montgomerychamber.com. Subscription rate is $30 annually. Periodicals Postage Paid at Montgomery Alabama, 36119+9998, USPS NO. 025553. Volume 5, Issue 6 POSTMASTER send address changes to Montgomery Business Journal, c/o Montgomery Area Chamber of Commerce, P.O. Box 79, 41 Commerce Street, Montgomery AL 36101, or email mbj@ montgomerychamber.com. The Montgomery Business Journal welcomes story ideas from its readers. Email to: editor@montgomerychamber.com. Subscriptions are a part of the Montgomery Area Chamber of Commerce dues structure. Subscriptions can also be purchased for $30 per year at www.montgomerychamber.com/mbjsub.

Pillars of Success – The Imagine Goals

Performance Strong in the “New Normal”

Goal I: Champion Education and Develop Competitive Regional Talent

Goal II: Strengthen and Diversify the Regional Economy

Goal III: Transform Montgomery’s Image and Quality of Place

Goal IV: Embrace Diversity and Build Leadership Capacity

Visionary Leaders

Legacy Investor Profiles

Sustaining Investor Profiles

Calendar

Sixth Annual Diversity Summit

Montgomery Business Executives are upbeat

Reporter’s Notebook

Gov. Robert Bentley Alabama Update

Celebrating Community Collaborations

Business Buzz

Members on the Move

New Members

Ribbon Cuttings & Ground Breakings

Economic Intel

Progress Report Montgomery Business Journal

SUCCESS STARTS HERE G OA L I G OA L I I G OA L I I I G OA L I V

ELECTED BUSINESS AND CIVIC LEADERS ARE MAKING BIG THINGS HAPPEN IN THE CAPITAL OF DREAMS, RALLIED AROUND THE NEXT LEVEL PHASE OF THE IMAGINE A GREATER MONTGOMERY STRATEGY

Champion Education and Develop Competitive Regional Talent Strengthen and Diversify the Regional Economy Transform Montgomery’s Image and Quality of Place Embrace Diversity and Build Leadership Capacity

Montgomery Mayor Todd Strange says “If you haven’t seen Montgomery in the last five years, then you haven’t seen Montgomery.” Truer words were never spoken. An incredible team of elected leadership and public/private partners dreamed of a greater Montgomery when they came together to build a bold strategy for economic growth in 2007. Now in its second phase, the Imagine a Greater Montgomery II plan is pushing deeper into four primary goal areas, building on the successes experienced while aggressively addressing the challenges that remain. This special edition of the Montgomery Business Journal paints a portrait of progress and the power of leaders rallied around a shared vision.

Montgomery Business Journal Progress Report

MONTGOMERY’S PERFORMANCE STRONG AND IMPRESSIVE AMIDST THE ‘NEW NORMAL’ By Keivan Deravi

The year 2011 was remarkable for the City of Montgomery. In my report that year, I highlighted that Montgomery had the single largest industrial project in the state with a $120 million investment by Hyundai Power Transformers USA. The City was also ranked second in the state in terms of employment for new and existing businesses. I considered Montgomery’s performance most impressive in these trying economic times. The year 2012 turned out to be yet another great year for the City. In terms of job creation, the City ranked number three in the State. Montgomery created 2,234 jobs in new and expanding businesses. Hyundai Motor Manufacturing of Alabama (HMMA) led the job creation by adding 900 jobs to its payroll. The total investment in Montgomery in 2012 exceeded $181 million. These are strong and impressive numbers especially given the trying national economic headwinds. The so-called “new-normal” economy is presenting new “new” challenges every year. In the beginning, the pressing issue was downsizing and “right-sizing.” Then the globalization redefined the nature of the price

competition and corporate earnings and profitability. Now we have new terminology and new players in the “new-normal.” These are “fiscal-cliff,” “sequestration,” “debt-ceiling,” and the Affordable Care Act (Obama Care). What is driving this new conversation is the limited revenues at all levels of governments, thus a redefinition of the appropriate role of the government in our economic system. The outcome of this debate could have a significant impact on our future economic landscape. This is because, in my opinion, the government’s spending in the past 40 years was a major contributor to the prosperity of the middle-income class. In spite of the new “new-normal,” I believe the future of Montgomery is bright. We have had significant investments in our infrastructure, such as revitalization of downtown and the new sports complex. We have the number one magnet school in the nation here in the Capital City. HMMA is one of the fastest growing automobile plants in the United States and produces the North American Car of the Year in Montgomery (Elantra). We are beginning to see stabilization of retail sales and the housing market in Montgomery. Our retail sales are growing by roughly 3 percent, and the average housing prices have increased in the area by 13 percent. Montgomery’s per capita personal income is 10 percent above the state average and is the third highest in the state. Overall, the “new-normal” is giving us serious and new economic challenges year after year, but the Montgomery economy is meeting these challenges and is making the best out of a very difficult situation. I remain optimistic about the future of Montgomery. • Keivan Deravi is an economics professor at Auburn University at Montgomery and a special assistant to the chancellor.

“We have had significant investments in infrastructure…the number one magnet school in the nation…HMMA is one of the fastest growing automobile plants in the US and produces the North American Car of the Year…retail sales are growing …average housing prices have increased…Montgomery’s per capita personal income is 10% higher above the state average and third highest in the state.”

Progress Report Montgomery Business Journal

G OA L I

CHAMPION EDUCATION AND DEVELOP COMPETITIVE REGIONAL TALENT

“The impact the Montgomery Area Chamber of Commerce has had on our students and our schools is immeasurable. Their contributions to our Career Academies, strategic planning, partnerships, clean campus initiative, and dozens of other programs are invaluable. They don’t just talk about the need for the best possible schools; they put resources – human and financial – into the effort to help prepare children for life.” Barbara Thompson, superintendent, Montgomery Public Schools Through the Chamber’s Education and Workforce Development Council, senior level business and elected leaders are bringing meaningful change to Montgomery Public Schools. > New to the Imagine II strategy, the Chamber’s Higher Education Task Force is applying strategies to grow and retain talent and energize local college students to participate in community development. This unprecedented Higher Education Task Force is comprised of presidents/chancellors representing eight institutions. And Leadership Montgomery and young professionals from the Torchbearer program are partnering with the Chamber on projects to develop and retain regional talent. > MacMillan Elementary, Carr Middle, and LAMP are in the final stages of implementing International Baccalaureate (IB) programs.

> The Montgomery Public Schools district is moving toward a system-wide accreditation. Personnel from AdvancED recommended the accreditation, which still must be approved by the AdvancED Accreditation Office. > Montgomery Public Schools teacher Lauren Breeding was one of 16 finalists for the Alabama Teacher of the Year. > Booker T. Washington teacher Zestlan Simmons received the 2013 National Math and Science Initiative Teacher of the Year award in the English category. > Highland Avenue Elementary, T.S. Morris and E.D. Nixon earned the prestigious title of Torchbearer School. Torchbearer Schools are high-poverty public schools that have overcome the odds to become a high-performing schools. Highland Avenue has earned the distinction for five years running. > The district has received $28 million in academic grants the last three years.

The Chamber launched a digital outdoor campaign to share recent accolades for Montgomery’s public schools.

Progress Report Montgomery Business Journal

Loveless Academic Magnet Program High School (LAMP) continues to make national news. LAMP was named the No.1 magnet schooll in the country and the No. 7 high school by U.S. News & World Report. > LAMP was also ranked the No. 1 high school in Alabama the past two years. Brewbaker Technology Magnet High School and Booker T. Washington Magnet High School were ranked No. 8 and No. 9 in the state, respectively. Forest Avenue Elementary School was named the No. 1 elementary school in Alabama. > Graduates from Montgomery Public

Thirteen students from LAMP were National Merit Semifinalists last year. The district was the

Schools received a combined $27 million in scholarships in 2012 and a combined $15 million in scholarships in 2011.

94% 50% OFFERINGS

with National Merit Semifinalists.

ENROLLMENT

only public school system in the River Region

Enrollment in AP classes increased 94 percent since 2008, and class offerings rose 50 percent. Pre-AP enrollment in middle schools has grown by 700-plus students since 2010 to 4,043.

Montgomery Business Journal Progress Report

Park Crossing High School, the first eastside high school, will open in the fall of 2013.

There are 567 students in the Montgomery Public Schools district enrolled in seven Career Academies. The Health Science Career Academy leads the way with 124. The Teaching Career Academy has 93 students and the Law/Public Safety Career Academy is third with 87 students. > The Montgomery Technical Education Center (MTEC) opened in 2012, providing students a path to careers in a wide variety of fields including carpentry, welding, electrical and HVAC.

> The Montgomery Board of Education is in the final stages of approving a dynamic plan that will transform the Montgomery Mall site into a new home for MTEC, LAMP and the MPS Central Office.

> Both the Health Science Academy and Teaching Academy are now accreditied by the prestigious National Accademy Foundation.

Progress Report Montgomery Business Journal

A GROWING UNIVERSITY TOWN ALABAMA STATE UNIVERSITY embarked on a $600 million, five-phase transformation project that spans 20 years. The university unveiled its $62 million, 26,500seat on-campus football stadium last Thanksgiving. New football stadium: $62 New baseball fields: $3.9 Football complex: $7 Levi Watkins Learning Center expansion: $22 John Garrick Hardy Student Services Center: $25 New residence halls: $15 TOTAL EXPANSION:

million million million million million million

$134.9 million

HUNTINGDON COLLEGE built new tennis courts and opened the 246-seat Leo J. Drum Jr. Theater, a project that was funded by a donor. TOTAL EXPANSION:

$1 million

HIGHER EDUCATION EXPANSION PROJECTS

$204.4 million

Montgomery Business Journal Progress Report

H. COUNCILL TRENHOLM STATE TECHNICAL COLLEGE offers 29 programs from A (accounting technology) to W (welding), including a handful of health care programs. The college offers both short-term and full-length certificates as well as continuing education and adult education programs.

AUBURN UNIVERSITY AT MONTGOMERY held a grand opening for its 73,500-square foot Wellness Center last year. The $20 million project has a rock-climbing wall; aquatic center; weight room; indoor track as well as classrooms, offices and a lab. The Watson Robbins Taylor Center recently underwent a $1.7 million renovation.

Wellness Center: $20.6 million Watson Robbins Taylor Center renovation: $7.9 Warhawk residence hall: $30 million TOTAL EXPANSION:

million

$58.5 million

Construction is scheduled to be completed this fall on the Warhawk student housing building at Auburn University at Montgomery. The $20 million five-story facility will feature one-, two- and three-bedroom apartment-style units.

Water Project Patterson Campus: $153,965 Trenholm Campus Bldg. H - Lead lab: $43,270 Trenholm Campus Bldg. A/B, F, H, I - Bathroom Renovations: $364,551 Trenholm Campus Bldg. I - Renovation, Roof: $104,441 Trenholm Campus Bldg. H - Renovation, Roof: $290,036 Patterson Campus Bldg. B/C, E H - Bathroom Renovations: $440,633 Patterson Campus Bldg. D- Renovations: $830,704 JDEC Building Parking Lot: $126,927 Trenholm Campus Site Improvements (Parking lots, drainage, etc.): $570,481 Legacy Garden Library Tower: $13,000 TOTAL EXPANSION:

AUM’s School of Business was named a “Best Business School” for 2009, 2010 and 2011 by The Princeton Review. U.S. News & World Report named AUM as a “Best Regional University” this year. The university has added a Confucius Institute and masters’ degrees in cyber systems and information security and Homeland Security and emergency management.

$2.9 million Progress Report Montgomery Business Journal

COLLEGE AND UNIVERSITY ENROLLMENT (FULL-TIME STUDENTS) Source: Alabama Commission on Higher Education, 2011

16% TROY UNIVERSITY MONTGOMERY 3,442 students

16% FAULKNER UNIVERSITY 3,367 students

25%

TRENHOLM STATE TECHNICAL COLLEGE 1,735 students

AUBURN UNIVERSITY MONTGOMERY 5,306 students

There are about 21,000 college students in the Montgomery market.

5% 25% ALABAMA STATE UNIVERSITY 5,221 students

HUNTINGDON COLLEGE 1,108 students

SOUTH UNIVERSITY 700 students

TROY UNIVERSITY’S Montgomery campus opened a Confucius Institute last September and in October opened the Southeast Community Development Institute for community and economic developers. That new institute is just one of five sites in the country that offers the Professional Community and Economic Developer certification. Two parking lots: $450,000 TOTAL EXPANSION:

$450,000

Montgomery Business Journal Progress Report

The Allen Law Center added 17,000 square feet to the Thomas Goode Jones School of Law at FAULKNER UNIVERSITY. The wing provided a new classroom, courtroom, space for the university’s three law clinics and expanded library study area. Allen Law Center wing: $2.5 million John Mark Stallings Field: $4.2 million TOTAL EXPANSION:

$6.7 million

G OA L I I

STRENGTHEN AND DIVERSIFY THE REGIONAL ECONOMY

The most dramatic transformation the next couple of years could very well be Maxwell Boulevard. The actual boulevard had a major facelift while many dilapidated and vacant buildings along the boulevard were torn down and sold for scrap, paying for the demolition. At the same time, Maxwell Air Force Base constructed a wall and added landscaping, significantly changing the entrance into downtown Montgomery. River Bank & Trust opened a branch on Maxwell Boulevard.

A TRANSFORMATION IN PROGRESS Overlook Park has been recreated into the modern Wright Brothers Park with a breathtaking Wright Flyer replica suspended over Interstate 85, beckoning motorists to exit and take a closer look.

Photo: Thomas Meneguin

A stunning new gateway to the Capital City, the Wright Flyer symbolizes that Montgomery is soaring to new heights.

While embracing its history with the Wright Brothers and their first-of-its-kind civilian air school, where Maxwell Air Force Base is now, Maxwell Boulevard will be home to several residential projects: > BSR Trust is working on a 150-unit apartment complex adjacent to Maxwell Air Force Base. > A Montgomery development is looking at a $2.5 million mixed-use project that would feature about 300 apartments and retail space. > A Birmingham developer has proposed at least 25 high-end housing units, but city officials expect the project to have 50 to 75 units. > There has been interest from an extendedstay hotel to build on Maxwell. > And the Riverwalk will be extended to Maxwell Boulevard. > Another area that will likely see major changes is Chantilly Parkway with proposed plans for a 100,000-plus square-foot

Montgomery Business Journal Progress Report

Veterans Administration medical facility and a 13-screen Carmike Cinema that could hold 2,800 people. > Montgomery has two new projects that will have a profound effect on two key downtown Montgomery intersections and both are likely to begin taking shape this summer. • Commerce Street, which has already undergone a massive transformation the past four or five years with The Alley, new hotels and new bank names on familiar buildings, will be forever altered with the $15 million JS Group project and the latest offering from Anna Lowder and Harvi Sahota. • The Birmingham-based JS Group is expected to begin work this summer on a four- or five-story building that would feature 15,000 to 20,000 square feet of retail space on the first floor and 40 to 60 residential units. The site is currently a parking lot on the corner of Commerce and Bibb streets. “This is going to be a signature project for downtown,” Chad Emerson, the director of development for the City of Montgomery, said last year. “It creates retail opportunities that don’t exist.” > Lowder and Sahota, who are the directors of design and development for The Town of Hampstead; the Atlantic & Pacific development in Cloverdale; and loft apartments in downtown, are expected to begin work on one-third of the city-owned parking by the Embassy Suites Hotel & Conference Center that fronts Commerce Street. There are two temporary buildings in that area (the city’s retail incubator) that will be moved. That project will most likely have retail and office space. > A new housing development with both affordable and market-rate rents is under construction – another $20 million-plus project. The Plaza at Centennial Hill replaces the old Tulane Court development and the Montgomery Housing Authority has plans for additional developments.

MONTGOMERY LED ALABAMA IN RESIDENTIAL SALES LAST YEAR WITH A 12.1 PERCENT INCREASE. There were 3,111 homes sold in 2012 vs. 2,774 in 2011. Montgomery residential sales momentum continues in 2013. February and March were 20.5 and 22.3 percent ahead of last year, with total sales through April rising 16.2 percent from the same period in 2012, and more than 21% higher than 2009.

Business confidence among Montgomery executives is overflowing. The Alabama Business Confidence Index is a quarterly survey of the state’s business executives, conducted by the University of Alabama’s Center for Business and Economic Research. The second-quarter index rose 9.0 points from the first quarter and at 53.3 points is ranked No. 1 among the state’s four-largest metro centers: Birmingham, Montgomery, Mobile and Huntsville. That index of 53.3 is 5.6 points higher than the overall second-quarter index of 47.7. Montgomery’s index is about onehalf point more than Birmingham; about 2 points more than Mobile and about 17.5

points more than Huntsville. Two of the key index components – sales and profits – increased dramatically for Montgomery survey participants. The industry sales outlook for Montgomery increased nearly 13 points from the first quarter to 61.0 and the outlook for profits gained about 15.5 points to 58.0 points. Montgomery business leaders have been the most optimistic of the state’s metro centers for seven of the past eight quarters, including a span of six straight quarters.

HOME SALES GROWTH 2009-2013

Progress Report Montgomery Business Journal

2,226

JOBS WERE CREATED IN THE MONTGOMERY AREA IN 2012, the most since Hyundai Motor Manufacturing Alabama located here 10 years ago

Montgomery Business Journal Progress Report

In 2012, of the 20,847 new jobs announced for the state, more than 2,200 were announced for the Montgomery metro area. > Alabama was ranked No. 2 in an annual study on small business friendliness by Thumbtack.com and Kauffman Foundation. The state received an A+ in seven of the 10 categories: friendliness; ease of hiring; employment, labor and hiring; tax code; licensing; environmental; and zoning. The other grades were at least A-. Alabama was ranked No. 10 in 2012. > Montgomery was ranked No. 8 in the Alabama Policy Institute’s rating of how business friendly are the state’s 50 largest cities. Not only was Montgomery the only large metro to be ranked in the Top 10, the other three large metros were not ranked in the Top 35. Huntsville was No. 36; Mobile was 40th on the list and Birmingham was No. 47. The Birmingham-based Alabama Policy Institute ranked the cities in four categories: economic vitality; community allure; transportation infrastructure; and business tax burden.

> Montgomery County named in top three Alabama counties for new job creation 2010-2012

BUSINESS FRIENDLY CITIES IN ALABAMA

> The Montgomery Metro Area unemployment in April 2013 was 6.1 percent, far below the national rate of 7.1 percent.

Huntsville

Mobile

Birmingham

Montgomery

> Construction has begun on the Interstate 85 extension that will connect Vaughn Road to I-85. That’s a $150 million project for 3.4 miles and is dwarfed by the $500 million-plus Outer Loop project to connect I-85 to I-65 south of Montgomery and decrease the number of trucks traveling downtown.

Other Services

4.3%

Information

1.3%

EMPLOYMENT BY SECTOR FOR THE MONTGOMERY METRO AREA

Natural Resources, Mining & Construction

3.5%

Sources: Alabama Department of Labor and Bureau of Labor Statistics, April 2013

Financial Activity

4.3%

Government %

25.8

Leisure & Hospitality

9.3%

Manufacturing

10.7%

Trade, Transportation, Warehousing & Utilities

Education & Health Services

11.2%

16.9% Professional & Business Services

12.9%

Progress Report Montgomery Business Journal

Largest Employers COMPANY

EMPLOYEES

Maxwell-Gunter Air Force Base (includes Enterprise

PRODUCT

12,280

Federal Government

State of Alabama

9,500

State Government

Montgomery Public Schools

4,524

Public Schools

Baptist Health

4,300

Hospitals/Clinics

Hyundai Motor Manufacturing Alabama, LLC

3,100

Automobile Manufacturing

Alfa Insurance Companies

2,568

Insurance Companies/ Services

City of Montgomery

2,500

Government Agency

Jackson Hospital & Clinic, Inc.

1,300

Hospitals/Clinics

COMPANY

MOBIS Alabama, LLC

1,221

Cockpit & Chassis Modules, Bumper Assembly & Service Parts

Hyundai Motor Manufacturing Alabama, LLC

3,100

Automobiles

Rheem Water Heaters

1,173

Water Heater Manufacturing MOBIS Alabama, LLC

1,221

Cockpit & Chassis Modules, Bumper Assembly & Service Parts

Rheem Water Heaters

1,173

Water Heaters

GKN Aerospace

1,000

Aircraft Parts

Information Systems)

GKN Aerospace

1,000

Aircraft Parts Manufacturing

Regions Bank

977

Banks

Koch Foods

900

Poultry Processing

U.S. Postal Service

900

Shipping Services

Alabama State University

792

Colleges & Universities

Creek Casinos

737

Montgomery County Commission

Largest Industrial & Manufacturing Employers EMPLOYEES

PRODUCT

Koch Foods

900

Poultry Processing

US Foodservice

600

Food and Beverage Products

Casinos

Neptune Technology Group Inc.

550

Water Meters and Electronic Reading Systems

700

Local Government

International Paper Prattville Mill

539

Liner Board

Alabama Power Company

660

Utilities

Webster Industries, Inc.

501

Plastic Freezer and Garbage Bags

Central Alabama Veteranâ&#x20AC;&#x2122;s Health Care Syst., West Campus

600

Associations/Non-Profit

Big Lots Stores, Inc.

500

Miscellaneous Consumer Goods

US Foodservice

600

Distribution/Wholesale Food and Beverage Products

Russell Brands LLC

412

Sportswear

Auburn University at Montgomery

576

Colleges & Universities

Lear CorporationMontgomery

410

Automobile Seats

Neptune Technology Group Inc.

Water Meters and Electronic Reading Systems Manufacturing

Glovis America

380

Logistics

550

Hanil USA

330

Fuel System Components

International Paper Prattville Mill

539

Liner Board Manufacturing

320

Beverage Bottling/ Distribution

Webster Industries, Inc.

501

Plastic Freezer and Garbage Bag Manufacturing

Montgomery Coca-Cola Bottling Company SABIC Innovative Plastics

315

Plastic Resin

Big Lots Stores, Inc.

500

Miscellaneous Consumer Goods

300

Branded Pharmaceuticals

Laboratory Corporation of America

Kowa Pharmaceuticals America, Inc.

500

Medical Research

Madix, Inc.

300

Shelving and Store Fixtures

Hewlett Packard

485

Call Center

300

Commercial Plumbing Equipment

300

Perishable Food Items Warehousing and Distribution

HealthSouth Rehabilitation Hospital of Montgomery

412

Hospitals/Clinics

Smith Industries, Inc./Jay R. Smith Manufacturing Co.

Russell Brands LLC

412

Sportswear

Winn-Dixie Distribution Center

Montgomery Business Journal Progress Report

400 JOBS, $50 MILLION CAPITAL INVESTMENT June 2013, DAS North America broke ground on a new 300,000-square-foot facility, a $50 million capital investment. The new facility will be twice the size of the current operation, and employ 400 workers. DAS North America manufactures seat components for Hyundai.

Left to right: Montgomery County Commissioner Dimitri Polizos, Montgomery County Commissioner Jiles Williams Jr., Montgomery County Commissioner Reed Ingram, Montgomery County Commissioner Vice Chairman Dan Harris, Montgomery Mayor Todd Strange, Montgomery County Commission Chairman Elton N. Dean Sr., Hyundai Motor Manufacturing Alabama President Gi Il Chun, Alabama Gov. Robert Bentley, DAS Corp. President Kyung Ho Kang, DAS Corp. Vice President Dong Hyoung Lee, DAS Corp. Director Si Hyoung Lee, HMMA Senior Vice President Administration & Advisory General Counsel Rick Neal, and DAS North America COO James Uhm.

NEW INDUSTRY > Less than two years ago, the $108 million Hyundai Power Transformers USA opened its manufacturing facility at Interstate Industrial Park, creating 500 jobs. Now the company has attracted a supplier – TK Electric, which is investing $3 million in a facility in Pike Road and hired 27 employees at an average annual salary of $50,000. The company will manufacture electrical control panels and flanges. > The Alabama Media Group opened a hub in downtown Montgomery across the street from Riverwalk Stadium, the home of the Montgomery Biscuits.

2,266 JOBS CREATED $186 MILLION CAPITAL INVESTMENT IN THE MONTGOMERY METRO AREA IN 2012

EXPANDING INDUSTRY > The 2012 Success Starts Here Tour traveled to four of 13 companies, ranging from food, steel, plastics, automotive, water heaters and digital media that announced a combined capital investment of nearly $40 million and the creation of 730 jobs. Existing industries account for 80 percent to 85 percent of all job growth, according to Montgomery Mayor Todd Strange. In addition to creating jobs, those 13 companies also preserved an existing 4,362 jobs. > The 2266 jobs created for the River Region in 2012 were the most in 10 years, since Hyundai Motor Co. announced it was building an assembly plant in Montgomery. Those 2,266 jobs represent a combined capital investment of $186 millionplus from 33 industries, including 29 existing companies. > The automotive industry sparked the economic growth last year in the River Region with the creation of about 1,800 jobs and combined capital investment of almost $90 million. Hyundai Motor Manufacturing Alabama announced a third crew, third shift at its plant and hired 877 employees in a $23.5 million project. HMMA has more than 3,100 employees.

> HMMA suppliers Glovis Alabama with 300 new jobs, and Glovis America with 80 new jobs, are both expanding again as is MOBIS Alabama, the largest Hyundai supplier with more than 1,100 employees after adding 193 jobs in 2012. > STERIS Corp., a medical equipment manufacturer, not only announced an additional 80 jobs in 2012, but the company is also taking overseas jobs and bringing them to Montgomery. > Banks are changing the downtown Montgomery landscape. First, Renasant Bank put its name on a Commerce Street building and BBVA Compass is moving its regional corporate headquarters to Commerce Street. And just up Dexter Avenue, BB&T moved its regional corporate headquarters to the RSA Dexter Avenue Building, and River Bank & Trust moved into a new location on Maxwell Blvd. They join downtown Montgomery banks and credit unions Regions, ServisFirst, Aliant, Wells Fargo, MAX Credit Union, and Guardian Credit Union.

> With Hyundai manufacturing more and more Sonatas and Elantras, its suppliers increased their work forces to keep pace and one supplier – DAS North America – announced a $50 million capital investment to build a facility for seat components and hire 240 workers.

Progress Report Montgomery Business Journal

For every $1 invested, the Small Business Resource Center returns $3 to the community.

The Chamberâ&#x20AC;&#x2122;s Small Business Resource Center is thriving, providing programs for every phase of a growing a small business. The Small Business Resource Center mentors, trains, and counsels an average of 2,017 clients each year. Services include mentoring in important areas such as financial planning, marketing, and future growth strategies; workshops, seminars and classes on all aspects of successful business development; guidance in developing business contracts, and pursuing government and opportunities. The Small Business Resource Center has also opened an innovative co-working space at the center. The Internet allows people to work from anywhere, and this option gives small businesses the flexibility and community they want. More than 500 graduates have gone through the Chamberâ&#x20AC;&#x2122;s Entrepreneurial University. The Chamberâ&#x20AC;&#x2122;s Minority Business Development department, located at the Center, works closely with the minority communities in the market, offering workshops, forums, networking events, and oneon-one mentoring. The Chamber is committed to building a diverse business community through continued growth of the minority and female-owned business sector.

Montgomery Business Journal Progress Report

The RSA Dexter Avenue Building is the site of the state-of-the-art RSA Datacenter. The 42,000-square-foot data center features 300-plus secure card access racks at a $13 million capital investment. It has redundant infrastructure and the latest in access control and video surveillance for businesses and government agencies.

Progress Report Montgomery Business Journal

AUTAUGA COUNTY EXPANDING Fras-Le North America

100

$ 11,000,000

E&I

$ 2,000,000

Hanil USA

$ 3,000,000

ELMORE COUNTY EXPANDING

Knowledge Management Solutions Tallapoosa Publishers Inc. TOTAL

$ 5,000,000

MONTGOMERY COUNTY NEW Alabama Media Group

240

$ 50,000,000

RSA Datacenter

$ 13,000,000

TK Electric LLC

$ 3,000,000

275

$ 66,000,000

American Klassic Designs, Inc.

$ 484,000

EnovaPremier LLC

$ 300,000

$ 2,000,000

300

$ 500,000

DAS North America

TOTAL NEW EXPANDING

2012 New & Expanding Industry Source: Alabama Department of Commerce

Genpak LLC Glovis Alabama LLC Glovis America Hartzell Engine Technologies LLC Hyundai Motor Manufacturing Alabama LLC

$ 2,150,000

877

$ 23,500,000

Knox Kershaw, Inc.

$ 400,000

Lear Montgomery

$ 90,000

193

$ 9,947,722

$ 400,000

Rheem Water Heaters

$ 2,500,000

Rock-Tenn

Sabel Steel Service

$ 2,142,606

SABIC Innovative Plastics

26,000,000

Seung Kwang

$ 1,220,000

MOBIS Alabama LLC Precision Metal Works LLC

$ 250,000

$ 11,000,000

Thermalex, Inc.

$ 3,300,000

United Plastic Recycling, Inc.

$ 1,995,587

Webster Industries, Inc.

$ 14,000,000

Whitfield Foods, Inc.

$ 2,212,141

STERIS Corporation

Yesol Corporation

Montgomery Business Journal Progress Report

Indrasoft

Southern Shutter Company, Inc.

$ 70,000

TOTAL EXPLANDING

1793

$ 104,462,056

TOTAL MONTGOMERY COUNTY

2,068

$ 170,462,056

TOTAL RIVER REGION

2,266

$186,462,056

THE BEST HOMETOWN IN THE AIR FORCE The Montgomery Area Chamber of Commerce, City of Montgomery, Montgomery County and the Alabama congressional delegation worked tirelessly to reverse the decision of moving the C-130s of the 908th Airlift Wing at Maxwell Air Force Base, which would have resulted in the loss of 600 full-time and 400 parttime jobs. Another 40 positions were saved from reductions to the 187th Fighter Wingâ&#x20AC;&#x2122;s Civil Engineering Squadron at Dannelly Field.

Air Force network operations services are expected to grow from 800 in 2012 to 1,000-plus in two years. The Program Executive Office for Air Force Business and Enterprise Systems at the Gunter Annex manages $13 billion-plus of contracts and 120 business information systems worldwide. The Chamber worked with the Alabama congressional delegation to protect 600 jobs and expand the mission. The Defense Information Systems Agency Defense Enterprise Computing Center in Montgomery has been positioned to become a regional headquarters, which would manage all the major Department of Defense data centers in the Southeast. The Chamber is working with local universities, Department of Defense entities, the local Alabama legislative delegation, the city and county to become a cyber center for education, training and certification.

The combined work forces of the 26th Network Operation Squadron and the 690th Network Support Squadron Detachment 2 were expected to total 400. Well, itâ&#x20AC;&#x2122;s now 600 and rising. The Chamber is advocating for military construction projects at Maxwell Air Force Base and Gunter Annex by enlisting the support of the Alabama congressional delegation. About $18 million is needed for a new fitness center at Gunter and another $9.5 million for a new air control tower at Maxwell, which is second to Andrews Air Force Base for the number of distinguished visitors who come to the area. Maxwell also needs $4.5 million for a mandated commercial inspection gate, which would entail building a separate gate facility.

MAXWELL AIR FORCE BASE AND GUNTER ANNEX

26,031

BASE PERSONNEL

16,140

OTHER PERSONNEL

42,171

TOTAL BASE POPULATION

$415.2 million ASSETS

4,168 ACRES

32 “There is something unique about Maxwell Air Force Base and Gunter Annex. Airmen from all over the world transition through the base for Officer Training School, professional military education such as Air War College, Squadron Officer School and the Senior Non-Commissioned Officer Academy.

We also host professional

continuing

education courses such as financial management, personnel and cyber operations. Last year, the 42nd Air Base Wing hosted over 21,000 Airmen who visited Maxwell and Gunter for education and development classes, and we pride ourselves on creating a professional, world-class environment. Many of our Airmen attend training and education courses at Maxwell and Gunter throughout their entire careers. WE ALWAYS WANT THEM TO FEEL LIKE THEY ARE COMING BACK TO THEIR MILITARY HOMETOWN – A PLACE WE LIKE TO CALL, THE BEST HOMETOWN IN THE AIR FORCE. - Col. Trent Edwards

Montgomery Business Journal Progress Report

INDUSTRIAL BUILDINGS

RECREATIONAL BUILDINGS

49.1

MILES OF ROAD

513

TWO-, THREE-, AND FOURBEDROOM HOUSING UNITS

3,409 DORMS

$750 million ANNUAL PAYROLL

$1.4 billion

ANNUAL CONTRACTS

$372.6 million ANNUAL EXPENDITURES

$2.6 billion

ANNUAL ECONOMIC IMPACT Source: Maxwell Air Force Base and Gunter Annex

G OA L I I I

TRANSFORM MONTGOMERYâ&#x20AC;&#x2122;S IMAGE AND QUALITY OF PLACE

THE RENAISSANCE MONTGOMERY HOTEL & SPA AT THE CONVENTION CENTER IS A GAME CHANGER FOR CONVENTIONS AND TOURISM. The downtown entertainment district offers a broad selection of local restaurants and nightlife options within walking distance of hotels and the convention center. This positions Montgomery as a premier meeting destination in the Southeast.

Montgomery was the only major metro area in Alabama with hotel occupancy growth from 2011 to 2012 at 4.4 percent.

25% Sales leads generated through the Chamber’s Convention & Visitor Bureau grew 25% from 2011 to 2012.

38% The economic impact of the room nights booked by the Chamber’s CVB climbed 38% in 2012 vs. 2011.

Montgomery Business Journal Progress Report

4.4% The Montgomery area hotel occupancy rate increased 4.4% from 2011 to 2012. Source: Smith Travel Research

Sporting event bookings and related room nights have increased due to a focused sales effort and the addition of new, larger capacity, modernized sports facilities. Strong partnerships between the Central Alabama Sports Commission and the Parks and Recreation Department help position Montgomery as the Sports Capital of Alabama. Room nights associated with sporting events booked by the Montgomery Chamber Convention & Visitor increased by 13.7% in 2012 vs. 2011.

YEARLY ECONOMIC IMPACT OF ROOM NIGHTS BOOKED BY THE CHAMBER CVB

2009

2011

2013 Jan-May

2010

2012

Source: Montgomery Area Chamber of Commerce Convention and Visitor Bureau

$5,051,904

$7,187,400

$7,113,480 $9,950,688

$7,409,424

METRO COMPARISONS: OUTPACING THE COMPETITION 1ST QUARTER 2013 VS 1ST QUARTER 2012

2012 VS. 2011

Source: Smith Travel Research

+7.9

Occupancy

+3.0

Average daily rate

+2.4 +1.6

+1.4 -1.4

MONTGOMERY

-0.1 -1.4

BIRMINGHAM

-3.0

-0.6

MOBILE

+0.4 -2.9 -3.3

HUNTSVILLE

+4.4 +3.4

Revenue per available room

+3.2 +2.5 +1.1 -3.6

MONTGOMERY

-2.6

BIRMINGHAM

-0.7

MOBILE

+1.0 -2.7 -1.7

HUNTSVILLE

Progress Report Montgomery Business Journal

A vibrant downtown is an essential component of economic development. It represents the heart and soul of a community. Of the more than $1.5 billion spent on downtown/riverfront development,

81% HAS COME FROM THE PRIVATE SECTOR. For every $2 the public sector has invested, the private sector has invested $8. This has paid off with an enhanced quality of life for everyone, and tremendous economic development growth in tourism.

Montgomery Business Journal Progress Report

BUILDING QUALITY OF PLACE The transformation of Montgomery has been so dramatic that the city not only looks different, it truly has positioned itself as a convention destination and a great place to live, work and play. > A $3.1 million construction project on the historic Webber Building in downtown Montgomery will include office space, loft apartments, and retail on the first floor - including Momma Goldberg’s Deli. > Another 100-plus year-old building – Bishop-Parker Furniture Co. – is for sale. The four-story building on Coosa Street features 80,000 square feet. > Graham Woods, a neighborhood pub, is planned for Cloverdale and would be the fourth bar that architect/ businessman Mike Watson has developed. He is president and CEO of 2WR/HolmesWilkins Architects Inc. > The Juliette Hampton Morgan Memorial Library and The Children’s Museum of Alabama will come together at Questplex, which will be built at One Dexter Plaza. The $22 million-plus project is moving forward with funding from several sources. The project could also include retail – possibly a café, and

there is talk about moving the Gayle Planetarium to Questplex and adding a state-of-the-art laser show. Another idea being kicked around is having a Hank Williams presence at Questplex. > A new dog park on the Vaughn Road entrance to Blount Cultural Park was dedicated. The $300,000 park is officially called the Hannah Daye Ridling Bark Park. Meanwhile, construction is underway for bike and running trails at Lagoon Park. > New recreational events have attracted hundreds to Montgomery to compete in the Montgomery Half Marathon and the inaugural Capital of Dreams Triathlon had 200-plus participants. Below: Construction of Questplex is scheduled to begin in September 2013.

“You cannot have a great city without a great downtown.” -Montgomery Mayor Todd Strange

Progress Report Montgomery Business Journal

In 2012 Montgomery was billed as Capital Cool, in a new tourism marketing campaign.

that is such a great statement (on) what you have accomplished as a city; as a county; as a Chamber; as a destination.”

The highly successful Capital of Dreams campaign is now 2½ years old and still going strong with banners scattered throughout the city. The mayor always likes to add the phrase “City for Success” when touting the Capital of Dreams campaign.

New restaurants and bars have been popping up in downtown the past couple of years, including the AviatorBAR, SandBAR and Jalapeños. The Irish Bred Pub & Restaurant opened earlier this year on Dexter Avenue and a Waffle House is being built on Madison Avenue. The Railyard Brewing Co. opened across the street from Riverwalk Stadium, home of the Montgomery Biscuits AA baseball team.

Berkeley Young, president of Young Strategies, said, “They (leaders) have transformed this destination – new athletic facilities, new entertainment facilities; revitalized heritage and history sites; riverfront, downtown shopping, entertainment, nightlife; new hotels. This city is bright with excitement and growth.” He quoted a survey participant: “Montgomery is honoring her past while celebrating her future. I think

New and renovated sports facilities have been the big story the past two years, highlighted by last year’s opening of the 90,000-plus squarefoot Multiplex at Cramton Bowl, which has already been the site of numerous youth sports activities. The new YMCA Emory Folmar Soccer

“Many cities dream of the things … and they dream of places like this, but in Montgomery – they make it happen.”- Berkeley Young, president of Young Strategies complex has been the host site for a collegiate national soccer tournament. Cramton Bowl, which underwent a major renovation, was the site of the inaugural Raycom College Football All-Star Classic. DoubleTree by Hilton, a 131-room hotel on Madison Avenue opened earlier this year after undergoing a $6 million renovation. The new hotel features a restaurant, bar and ballroom with 5,000 square feet of meeting space. The addition of the DoubleTree along with the Renaissance Montgomery Hotel & Spa, the Embassy Suites Hotel and the Hampton Inn & Suites offers 800 rooms all within walking distance of the Montgomery Convention Center.

Montgomery Business Journal Progress Report

A REGIONAL CENTER OF HEALTH CARE EXCELLENCE A surgeon with Jackson Hospital & Clinic earlier this year performed the first single-site gallbladder removal surgery in the River Region, using the da Vinci Si Robotic Surgical System. A scar is virtually invisible. By using the da Vinci Surgical System, Jackson Hospital can perform a minimally invasive hysterectomy with little recovery time.

Jackson Hospital received an award for its stroke care from the American Heart Association.

Baptist Health is ranked among the top 15 health care organizations in the country, according to Thomson Reuters.

Baptist Medical Center East ranked in the 100 Top Hospitals in America for the second straight year and three times in the past four years.

MONTGOMERY IS HOME TO NEW UAB REGIONAL MEDICAL SCHOOL The regional medical campus of the University of Alabama School of Medicine will elevate the quality of health care in the River Region. The program will begin in May 2014 and students may end up in the two residency programs in Montgomery for internal and family medicine.

M.D. CONNECT - RECRUITING NEW PHYSICIANS TO RIVER REGION Envision 2020, in partnership with the City of Montgomery, Montgomery County Commission and regional medical facilities launched the River Region Physician Recruitment and Retention Initiative to recruit, retain, and attract physicians to the Montgomery Region. Left: At the announcement of the Montgomery Regional Medical Campus of the University of Alabama School of Medicine, Dr. Wick Many Jr., the schoolâ&#x20AC;&#x2122;s regional dean, answers questions.

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G OA L I V

EMBRACE DIVERSITY AND BUILD LEADERSHIP CAPACITY

Young professionals and developing leaders are engaged in the direction of Montgomery. Torchbearers (for young professionals) and Leadership Montgomery produce class projects each year built around the priorities of the Imagine a Greater Montgomery II strategy.

Leadership Montgomery, which has 1,200-plus alumni, celebrates its 30th anniversary this year and has been a catalyst in developing partnerships between diverse groups of current and emerging leaders. The organization put on the inaugural Unity Award Breakfast and it was an overwhelming success, with about 550 people attending the event at the Embassy Suites Montgomery – Hotel & Conference Center. Through the Imagine strategy, the Chamber forged a partnership with Leadership Montgomery to create a comprehensive leadership development program. Emerge Montgomery is a dynamic outcome of that partnership. EMERGE Montgomery recently celebrated five years, and has become the region’s top young professionals’ organization with 350 active members and a database of 1,200-plus. It is a program of Leadership Montgomery in partnership with the Montgomery Area Chamber of Commerce. The group is open to young professionals ages 22-40.

Traditionally, the Chamber’s core mission is to create jobs and improve the quality of life in Montgomery and the River Region. But, when the Imagine a Greater Montgomery strategy was developed, it was obvious that without quality leadership at the helm, the community would flounder. Montgomery needed a diverse, engaged leadership for the future. The Chamber’s annual Diversity Summit has grown from humble beginnings to a regional attraction with numerous breakout sessions and a keynote speaker from a major company. Sold out every year, the 800-plus attendees focus on harnessing diversity as an asset for businesses. The Chamber’s Women in Business Forum brings together top female executives who work to develop programs for professional women, the most popular being “Conversations – Roundtables for Women.” This twice a year luncheon event is an opportunity for busy professional women to come together and discuss business and quality of life topics unique to women in the workforce.

“I think the Montgomery Diversity Summit is one-of-a-kind. I travel all over the country and I am just thoroughly impressed… the publicprivate partnership, the strong leadership of your Chamber and really, the passion that I see from all the leaders here.” - James B. White, CEO, Jamba Juice

Progress Report Montgomery Business Journal

VISIONARY LEADERS. EXTRAORDINARY RESULTS. The Imagine a Greater Montgomery strategy has changed the landscape of Montgomery and the River Region. Imagine a Greater Montgomery Investors provide the leadership, commitment and influence required to shape meaningful and measurable economic progress. The strategy is a collaborative effort between the City of Montgomery, Montgomery County Commission and private investors. It is through these partnerships that we celebrate the progress outlined in this report.

A special thank you to the businesses and elected leaders who are the founding visionaries behind the Imagine a Greater Montgomery II strategy. Their profiles begin on page 36.

L E GAC Y

The City of Montgomery Montgomery County Commission Hyundai Motor Manufacturing Alabama, LLC Alabama Power Company Regions Bank The Colonial Company Alabama Gas Corporation Alfa Companies Aronov Realty Management Baptist Health Goodwyn, Mills & Cawood, Inc. SABIC Larry Puckett Chevrolet SUSTA I N I NG

BSR Trust BBVA Compass Beasley, Allen, Crow, Methvin, Portis & Miles, PC BlueCross BlueShield of Alabama Hodges Warehouse + Logistics The Industrial Development Board of the City of Montgomery Jackson Hospital Jerry Kyser Builder, Inc. Merchant Capital LLC Rheem Water Heaters Stivers Ford Lincoln Mazda Advertiser Media Group

Montgomery Business Journal Progress Report

CHAMPION INVESTORS

Jim Wilson & Associates, LLC Aliant Bank a division of USAmeriBank BB&T Dixie Electric Cooperative Industrial Partners, LLC LEADERSHIP INVESTORS

Jackson Thornton PowerSouth Energy MAX Credit Union Montgomery Aviation Renasant Bank River Bank & Trust ServisFirst Bank Warren Averett Wilson Price Division Wells Fargo PA R T N E R I N V E S T O R S

Palomar Insurance Aldridge Borden & Company, PC Balch & Bingham LLP Jack Ingram Motors, Inc. Stamp Idea Group Trustmark National Bank Sterling Bank Capell & Howard, PC Alabama Ag Credit, ACA AmeriFirst Bank Ball, Ball, Matthews & Novak, P.A. Big Lots Stores, Inc. CH2M Hill Gilpin Givhan Hancock Bank JESCO, Inc. John Stanley & Associates, Inc. KOWA Pharmaceuticals America, Inc. Montgomery Area Association of Realtors McConnell Honda

“A dynamic, vibrant new image – high energy; bright; and something that we as a Capital City can in fact promote to the world.” Montgomery Mayor Todd Strange

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER AND PUBLIC SECTOR PARTNERS

CITY OF MONTGOMERY Bottom Row (Left to Right): District 5, Cornelius “C.C.” Calhoun; District 3, Tracy Larkin, President Pro Tem; Mayor Todd Strange; District 9, Charles Jinright, President; District 4, David Burkette

MONTGOMERY COUNTY COMMISSION Bottom row (Left to Right) Chairman Elton N. Dean, Sr. and Vice Chairman Dan Harris. Second row - Commissioner Reed Ingram; Commissioner Jiles Wilson, Jr.; Commissioner Dimitri Polizos.

Montgomery Business Journal Progress Report

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

HMMA In a matter of just six very short years, the Hyundai Motor Manufacturing Alabama (HMMA) plant in Montgomery was less than 2,000 units from being the No. 2 production facility in the country for 2011. HMMA was once again third in the country with 361,348 units in 2012. Ford’s F-150 truck plant in Dearborn, Mich., was No. 2 with 370,285 units. With a production goal of 388,000 units this year, the Montgomery plant will remain near the top of the production list. The Montgomery facility produces the Korean automaker’s two most popular models: Sonata and Elantra, which typically account for more than 60 percent of all the company’s sales. Both models had 200,000-plus sales last year. Hyundai, which has 3,100-plus employees, has a $1.5 billion annual economic impact in Montgomery County Rick Neal is senior vice president administration & advisory general counsel for Hyundai Motor Manufacturing Alabama

and a $2.8 billion annual impact in the state. If you add the company’s suppliers, the annual economic impact in Montgomery County is $1.7 billion and $3.8 billion in the state.

2013 Progress Report Montgomery Business Journal

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

ALFA INSURANCE COMPANIES For more than 50 years, Alfa Insurance Companies has been a fixture on the Southern Bypass. There were additions in 1968, 1972 and 1992 to the company’s main building, which is home to the corporate headquarters. In addition to the 350,000-squarefoot main building, Alfa added a 10,000-square-foot daycare facility in 1991 and a 134,000-square-foot Business Processing Center in 2006. Alfa is one of the largest insurance companies in the state and the only one with an office in each of Alabama’s 67 counties. There are 32 agents in the River Region at 12 offices. About 900 of the company’s 2,600 employees are at the corporate headquarters. Alfa, which operates in 11 states, has $27 billion-plus of life insurance in force and more than 1 million policies.

Jimmy L. Parnell is president, CEO and chairman of the board of Alfa Insurance Companies

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

ALABAMA POWER COMPANY For more than 90 years, Alabama Power has played a pivotal role in economic development from incentives to sources of information on available buildings and sites and labor and demographic data for every community in the state. It was one of the first utilities in the country to have an economic department. Back in 1913, the company created the Commercial and New Business Division. For its 1.4 million customers, Alabama Power is the source of electricity and its service territory covers nearly 45,000 square miles. The company has more than 6,500 employees. Almost everything about Alabama Power is large including the number of poles and towers (1.5 million); miles of lines (91,985); and kilowatt hours in 2010 (60.5 billion).

Leslie L. Sanders is vice president of the Southern Division of Alabama Power Co.

“The people that worked in the company in the past and the ones that work here now – I think are a special group of people,” said Leslie Sanders, vice president of the company’s Southern Division. “They care about each other and care about the customers that they serve.”

2013 Progress Report Montgomery Business Journal

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

REGIONS BANK Birmingham-based Regions Financial Corp. is the largest bank in the state by deposits, topping its nearest rival by a more than two-to-one advantage. Regions, which has $121 billion in assets in 16 states and 1,700 branches, has 22 branches in the River Region; 320 employees and $900 million in loans. “Our job is to help people reach their financial goals,” said Arthur DuCote, the Central Alabama area president for Regions Financial Corp. “It’s as simple as that. We do that through loans, deposits, investments, insurance, trust. It is our job to be a partner for our customers.” Arthur J. DuCote is the Central Alabama area president for Regions Financial Corp.

Regions is the only Fortune 500 bank with its headquarters in Alabama and that size has enabled the bank to offer sophisticated products and services for large businesses, small businesses and individuals. Some of the newer products include an Internet-based loan product; pre-loaded debit card; Western Union service site; and partnering with a Tennessee firm on a new service of cashing checks for non-customers. .

Montgomery Business Journal Progress Report

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

ALABAMA GAS CORPORATION Alabama Gas Corp. is the largest distributor of natural gas in the state with more than 430,000 customers in 200-plus cities, towns and communities. The company, which is known as Alagasco, has nearly 80,000 of those customers in the River Region and about 90 employees in the area. “We want every customer to be 100 percent satisfied with the services we provide,” said Joe Hampton, manager of system integrity for Alagasco, which is a subsidiary of Birmingham-based Energen Corp. “Whether that is from installing a gas dryer to fixing a leak to responding to just a call of concern about our product, our mission – our focus – is to satisfy every customer we have and hopefully through having a reliable system and safe product we will grow our company.” The company has grown a lot from its beginning in 1852 when it was called the Montgomery Gas Light Co. Through mergers and acquisitions, the company became Alabama Gas Corp. in 1953 and now has 1,000-plus employees.

Joseph Hampton is manager of system integrity for Alabama Gas Corp.

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IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

THE COLONIAL COMPANY For close to 60 years, Lowder New Homes

20-acre Hampstead Lake is scheduled to be

has been building houses in the some of the

completed this winter.

River Regionâ&#x20AC;&#x2122;s top developments: Woodland Creek, StoneyBrooke Plantation, Deer Creek, Highland Ridge, Grand Park, Wynridge, Cotton Terrace, Mountain Lakes and The Oaks at Sturbridge. The company builds 200plus homes a year and is one of the largest homebuilders in Alabama. Then there is the Town of Hampstead, a 400-plus acre traditional neighborhood development with restaurants such as City Grill and The Tipping Point; library branch, YMCA, a Montessori school, 3-acre urban farm, pool, tennis courts, parks and trails. The

Montgomery Business Journal Progress Report

The Town of Hampstead is also the site for the corporate offices of The Colonial Co., which includes Lowder New Homes and Colonial Insurance Agency, which is a full-service insurance brokerage and risk management firm. It is a privately owned holding company. The Colonial Co. has developed and invested in a wide range of projects including office, shopping malls, shopping centers, golf course, insurance companies, single-family homes and multi-family residential. James K. Lowder is chairman of The Colonial Co.

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

ARONOV REALTY MANAGEMENT Founded in 1952 by Aaron Aronov, Aronov Realty Management is one of the largest and most successful privately owned real estate companies in the Southeast. Throughout its history the company has developed and managed properties over a large geographical footprint â&#x20AC;&#x201C; from Illinois to the north and Florida to the south, and from New Mexico in the west to Charleston in the east. But the heartbeat of its operations has always been in Montgomery. For over 60 years, Aronov has played an active role in the growth of the River Region with residential communities, apartments and shopping centers including Eastdale Mall, Cornerstone, Taylor Crossing, Zelda Place, and others that together generate the largest volume of retail sales in the region. Aronov offers office and warehouse buildings including Executive Park, Crescent Center, Carmichael Center, Montgomery East Industrial Park and the Bailey Building. The company provides expert real estate advice and services through its residential and commercial property brokerage divisions. And Aronov Insurance, Inc., offers cost effective insurance packages helping provide security for businesses, institutions and families. Aronovâ&#x20AC;&#x2122;s active role in central Alabama extends to its involvement as a supporter of many educational, cultural, business and community service organizations. And in 2009 through its homebuilding division, Aronov Homes, the company coordinated community wide volunteer efforts to build a home for a deserving family in connection with the ABC program, Extreme Makeover - Home Edition.

{L-R): Jake F. Aronov is chairman and CEO of Aronov Realty Management Inc; and Owen W. Aronov is president

Under the leadership of Jake and Owen Aronov, the company continues to employ its skills to develop, acquire and manage commercial and residential properties, and to provide real estate and insurance services in the River Region and beyond.

Progress Report Montgomery Business Journal

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

BAPTIST HEALTH Baptist Health is ranked among the top 15 health care organizations in the country and that’s according to Thomson Reuters. More than 300 health care organizations with two or more hospitals were reviewed by Thomson Reuters. Baptist Health has three hospitals – Baptist Medical Center South, Baptist Medical Center East and Prattville Baptist Hospital – and a combined 749 beds. “It’s a validation of good work,” Russ Tyner, president and CEO of Baptist Health, said about the top 15 ranking. “When you do good work you know it, but you don’t know how good it is because you don’t know how it’s compared. There is a lot of pride among our organization because they have been doing the right things for so long. It’s a validation of the game plan we’ve been trying to execute the last two or three years. It’s good people doing good work and now they have something that tells them how good it actually is.” Baptist Health received additional national recognition when Baptist Medical Center East was ranked in the 100 Top Hospitals for the second straight year and third time in four years. “This recognition is a true reflection of the hard work of our quality, caring staff, physicians and volunteers,” Tyner said. The company is one of the largest private employers in the River Region with 3,600-plus people.

W. Russell Tyner is president and CEO of Baptist Health

Montgomery Business Journal Progress Report

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

GOODWYN, MILLS AND CAWOOD

David B. Reed is executive vice president of Goodwyn, Mills and Cawood

The architectural/engineering firm of Goodwyn, Mills and Cawood has been involved in the most high-profile projects in the River Region. Whether it was architecture, engineering, environmental, geotechnical, planning, transportation, surveying, interior design and landscape â&#x20AC;&#x201C; the firm was involved with the following projects/buildings: Renaissance Montgomery Hotel & Spa at the Convention Center; Hyundai Motor Manufacturing Alabama; Wind Creek Casino Hotel and Spa; River Bank & Trust; Gunter Industrial Park; EastChase; Civil Rights Memorial Museum; Montgomery City Hall renovations; Southern Poverty Law Center; Blount Cultural Park; Park Crossing High School; Deer Creek; Gateway Park; elephant exhibit at the Montgomery Zoo; Alabama Association of Realtors; Montgomery Regional Airport; Montgomery County Detention Center; The Waters; Grove Park; Jenkins Brick manufacturing facility; and the former corporate headquarters of Colonial BancGroup, which is now the Capitol Commerce Center. Goodwyn, Mills and Cawood is also working on the Dexter Avenue streetscape project. The firm, which was ranked in the countryâ&#x20AC;&#x2122;s top 500 in 2011, has 300-plus employees in 10 offices. The corporate headquarters are at the Lakeview Center at EastChase. Goodwyn, Mills and Cawood was established in 1975 and became a multi-disciplined firm in the 1980s when architecture was added.

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IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

LARRY PUCKETT CHEVROLET Larry Puckett Chevrolet is “like six different little companies,” said company president Larry Puckett. There is a new car franchise; independent used car lot; Express Oil Change; body shop; service department; and parts department. “You could take any one of those and be a standalone (business),” Puckett said. The dealership has been in Prattville for more than 30 years and at the same Cobbs Ford Road location since October 1988. That consistency and stability has also been a trademark with Puckett’s employees. “We have the same people who have been with us a long, long time,” he said. “We don’t have any turnover to speak of.” He calls his 67 employees his “secret weapon.” There were some major changes to the dealership. Chevrolet requested all dealers remodel and Puckett’s dealership had a $3.5 million, 10-month makeover. The new showroom features lots of glass, high ceiling and open atmosphere. There is new flooring, lighting, modular furniture, computers, landscaping, customer lounge, children’s play area and WiFi area. He also has a new energyefficient heating and cooling system.

Larry D. Puckett is president and owner of Larry Puckett Chevrolet

Montgomery Business Journal Progress Report

IMAGINE A GREATER MONTGOMERY LEGACY FOUNDER

SABIC INNOVATIVE PLASTICS Back in 1987, the GE Plastics facility was operating in Burkeville and grew with expansions in 1991, 1996 and 2002. Then it was purchased by Saudi Basic Industries Corp. (SABIC) in 2007 and the sprawling facility is now known as SABIC, an innovative plastics business unit of Saudi Basic Industries Corp. Through those 25-plus years, about $1.2 billion has been invested in the Burkville facility, which uses 300 acres of a 6,300-acre site. With 325 employees and another 150 contractors, the plant has a major economic impact in the region, including a direct annual payroll of $36 million and an operating budget of $150 million a year.

John Curvey is general manager at SABIC, an innovative plastics business unit of Saudi Basic Industries Corp.

SABIC manufactures Lexan resin and plastic pellets by the millions – 2 million to 3 million pounds of pellets daily. Those pellets, which come in a wide variety of colors and two shapes, are found in automotive products; electronics; building and construction; transportation; and health care. The company’s pellets are used in CDs, DVDs, cell phones, eyewear, vehicles, laptops, helmets; insulin dispensing kits and Tupperware – just to name a few products.

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IMAGINE A GREATER MONTGOMERY SUSTAINING FOUNDERS

BSR Trust, which has 114 properties BBVA Compass places its clients “at the center of the universe” by providing the products and services that clients need.

in 10 states and 18,000-plus total units, is working with the City of Montgomery on a 150-unit apartment project adjacent to

Daniel Hughes is CEO of BSR Trust .

Maxwell Air Force Base.

Those are the comments of Bruce Crawford, city president for the Montgomery area of BBVA Compass. The bank, which is moving its regional corporate headquarters to the 15-story former downtown home of Union Bank on Commerce Street, has about 100 employees in the River Region and about $1 billion in deposits.

The apartments would mostly be two- and threebedroom units, according to Greg Fox, chief financial officer for BSR Trust, which has its corporate headquarters in the Winter-Loeb Building on Tallapoosa Street in downtown Montgomery. Fox said his firm is looking at the feasibility of the development. “If the economics prove out to what we’re projecting – it’s likely to happen,” he said.

BBVA COMPASS

A. Bruce Crawford is city president for the Montgomery area of BBVA Compass

The bank is ranked as the third-largest in Alabama; fourth-largest in Texas; and fifth-largest in Arizona. Overall, BBVA Compass has 700-plus branches in seven states. Yet, that size is dwarfed by the parent BBVA, which is Spain’s second-largest bank, and has $765 billion in assets; 100,000-plus employees; 7,000-plus branches; 19,000-plus ATMs; and 52 million customers.

BSR TRUST

Construction could start this year and it would be the

ADVERTISER MEDIA GROUP

fourth local housing development for BSR: Heritage View Apartments, Narrow Lane Villas and Southlawn Commons Apartments. The Heritage View project differed from previous ones as it was the company’s first experience with modular, new construction, Fox said. Clayton Homes built the modular units at the company’s warehouse and trucked them to the site in West Montgomery. BSR Trust has 59 employees in Montgomery and about 40 of those are at the corporate headquarters. There are nearly 600 employees overall. The $1 billion company was formed after a 2012 merger between Montgomery-based Summit Housing Partners and Bailey Properties of Little Rock, Ark.

Montgomery Business Journal Progress Report

Newspapers are just a small part of the equation for the Advertiser Media Group. Although the company publishes the Montgomery Advertiser, Maxwell Gunter Dispatch and newspapers in Prattville, Millbrook and Wetumpka, its digital products account for much of the company’s growth. Montgomeryadvertiser.com boasts 385,975 unique visitors a month on average and about 6 million page views a month. Meanwhile, thebulletinboard.com receives on average about one million page views. Cars.com is one of the leading online automotive sites with 10,000-plus dealer customers.

Tom Clifford is executive editor of the Montgomery Advertiser

With its print and digital products, the company on average reaches at least one million Tri-County adults weekly.

IMAGINE A GREATER MONTGOMERY SUSTAINING FOUNDERS

BEASLEY, ALLEN, CROW, METHVIN, PORTIS & MILES, P.C.

BlueCross BlueShield

The law firm of Beasley, Allen, Crow, Methvin, Portis & Miles, P.C., has a motto of “helping those who need it the most.” On several occasions that has included the State of Alabama, which turned to the Montgomery-based firm for litigation involving BP, ExxonMobil and pharmaceutical companies.

of Alabama President and Jere L. Beasley is founder and shareholder in the law firm of Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.

Founder and shareholder Jere Beasley said that’s “a tribute to our folks – the lawyers and support staff.” And the firm boasts 85 attorneys and about 225 support staff, including private investigators, nurses, computer specialists, technologists, a public relations department and a comprehensive trial graphics department. One of the keys for the firm was establishing four distinct sections and developing expertise in each of those areas: toxic tort; civil fraud and commercial litigation; mass torts; and personal injury/product liability. Beasley founded the firm in 1979 ,and since that time, Beasley Allen has had verdicts and settlements that exceed $20 billion.

HODGES WAREHOUSE + LOGISTICS/ HODGES COMMERCIAL REAL ESTATE

CEO Terry D. Kellogg made the following statement on Richard E. Byrd is district manager for BlueCross BlueShield of Alabama

the company’s website:

“Blue Cross offers the most comprehensive health care coverage at some of the lowest premiums in the country, while also leading

BLUECROSS BLUESHIELD OF ALABAMA the industry in low administrative costs. We will continue to work with doctors, hospitals and other providers to improve the quality and cost of health care for the 2.2 million individuals we serve in Alabama and the 900,000 customers living outside our state.

L-R: Lance D. Hunter is CEO and Paul Hodges is vice president/ shareholder and real estate broker for Hodges Warehouse + Logistics/ Hodges Commercial Real Estate

Hodges Warehouse + Logistics/Hodges Commercial Real Estate has a long history of reinventing itself from its beginning in 1901 in cattle auction markets to commercial real estate, warehousing and less than three years ago entered the residential real estate market.

We have served our customers for 76 years and look forward to further meeting the health care needs of our members today and for many years to come.” The company, which has its headquarters

The company partnered with Exit and formed Exit Hodges Real Estate to capture its share of the $30 million worth of homes that are bought and sold monthly, said Paul Hodges, vice president/shareholder and real estate broker.

in Birmingham, employs more than 3,700

The firm brought in Ena Park, who speaks both Korean and Chinese, to communicate with clients in their native languages. Hodges has seven or eight clients who are suppliers to the Hyundai Motor Manufacturing Alabama’s facility in Montgomery. The company provides a wide range of warehouse services including personnel, equipment, inventory management, and delivery. Hodges has more than 4 million square feet of warehouse space and about 150 commercial real estate properties.

employers have BlueCross BlueShield

people. It is the largest provider of health care benefits in the state. Nearly 24,000 of Alabama.

Progress Report Montgomery Business Journal

IMAGINE A GREATER MONTGOMERY SUSTAINING FOUNDERS

The Montgomery Industrial Development Board for the City of Montgomery is “a conduit for the abatement of funds,” said the volunteer organization’s chairman Robert “Buddy” Hardwich Jr. The IDB abates taxes, which is an incentive for companies coming to Montgomery or existing companies expanding. When there is a request for a tax abatement, the 11 members of the IDB, who are appointed for six-year terms, vote on the measure. If the board approves the request, it is sent to the state’s Department of

THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF MONTGOMERY Revenue for final approval. The state agency has not rejected an approved measure from the IDB, according to Hardwich.

Joe B. Riley is president and CEO of Jackson Hospital & Clinic

Jackson Hospital & Clinic added the Jackson Surgery Center and Jackson Imaging Center within the past five years and just two years ago opened the Jackson Clinic Family Medicine Center. The hospital has come a long way from its beginning in 1946 with 37 beds and five attending physicians.

JACKSON HOSPITAL & CLINIC Now, the hospital has 344 beds and about 1,400 employees. Jackson has spent about $2.5 million on expanding its cardiac care and cath lab and another $1 million on new technology advanced beds. The hospital has also upgraded its operating room with the latest medical equipment from Montgomery manufacturer STERIS Corp. Jackson, which uses the same evidence-based practices and protocols as the top hospitals in the country, recently received an “A” Hospital Safety Score by The Leapfrog Group. The hospital also had the region’s first accredited chest pain center and was the first hospital to Go with the Gold, a national accreditation based on protocols.

JERRY KYSER BUILDER

Robert “Buddy” Hardwich Jr. The IDB is chairman of the Industrial Development Board for the City plays another of Montgomery pivotal role in economic development – it owns about 300 acres at Interstate Industrial Park and another 60 acres at Montgomery Industrial Terminal. The organization is looking at a variety of ways to obtain more land to assist economic development projects.

Jerry Kyser Builder has been around for about 45 years and has built everything from offices to shopping centers to apartments. Yet he may be well known for his relatively current work in The Alley, which he helped develop. Kyser owns the building that Dreamland Bar-B-Que leases at The Alley; he built the loft apartments above Dreamland; and he hopes to find a tenant for the basement. He also owns 129 Coosa Street, which he turned the upstairs into a large banquet facility that can hold 300 for a cocktail reception or 150 people for a meeting. Kyser opened a restaurant on the first floor – Central – that has become one of the places to eat in Montgomery. He invested another $2 million for The Alley extension, where Wasabi Japanese Cuisine is expected to open this summer. “I think The Alley project is going to be – on a little different scale – just as important as the ballpark,” Kyser said, referring to Riverwalk Stadium, home of the Class AA Montgomery Biscuits. Jerry C. Kyser is CEO of Jerry Kyser Builder

Montgomery Business Journal Progress Report

IMAGINE A GREATER MONTGOMERY SUSTAINING FOUNDERS

MERCHANT CAPITAL, LLC Two of the four objectives on the website of Merchant Capital, LLC, are as straightforward as you can get: Make Thomas Ashley Harris is chairman of money for clients and save money for the Merchant Capital, LLC clients. The regional investment banking firm based in Montgomery has been meeting those objectives for decades. The firm is the senior manager of $1 billion to $2 billion issues a year, which represents 80 to 120 transactions. A wide range of entities – cities, counties, state agencies, developers, utility companies, educational and water and sewer boards – turn to Merchant Capital for bond financing. The historically low-interest rates have led those entities to refinance previous bond issues, reducing payments and saving millions. Merchant Capital, ranked No. 1 in the state for the past 19 years, managed $75 million of bond issues last year for the City of Montgomery, Montgomery Water & Sewer Board and Montgomery County and another $43 million for Alabama State University. “It really gets back to people first and man-for-man we think we’ve got as talented and as motivated and as experienced a group as there is in the business and we’ve been together over 25 years,” Merchant Capital Chairman Thomas Ashley Harris said.

STIVERS FORD LINCOLN MAZDA In the three and one-half years he has been in Montgomery, Eddie Stivers has made quite an impression. Stivers, dealer principal of the Stivers Automotive Group, added Mazda to his Ford and Lincoln lineup in 2011, ending Mazda’s three-year absence in Montgomery.

Eddie M. Stivers III is dealer principal of Stivers Automotive Group

“It has affected our bottom line tremendously,” said Stivers, who opened his Montgomery dealership in December of 2009. “We raised our gross without raising our fixed costs.” He said that the dealership converted the vacant building next door to sell and service the Mazda vehicles. Stivers said that the company sells between 20 and 25 new Mazda vehicles a month and another 7 to 10 certified, pre-own vehicles plus the parts and service business. “It’s been all plus for us without adding to our fixed operating costs,” said Stivers, whose family owns a Ford dealership in Des Moines, Iowa, and a Subaru dealership in Atlanta.

RHEEM WATER HEATING The manufacturing engineering group for Rheem Water Heating is based in Montgomery, so all the manufacturing equipment for the Montgomery plant and two plants in Mexico is designed locally. Peter A. Reynolds is vice

“For other companies, president and general manager of Rheem Water Heating R&D is being done in India or China, so they don’t have the ready access to the engineers who are making design decisions,” said Peter Reynolds, vice president and general manager of Rheem Water Heating. “It makes us more efficient; it helps us to stay connected; it helps us to understand the opportunities.” There are 100 to 150 employees in the R&D division. It was here in Montgomery, where the company’s latest water heater was designed and manufactured – a 29-gallon unit that heats water 42 percent faster than a standard 50-gallon tank and costs 17 percent less to operate annually. Customers will get three times the amount of hot water in one hour than what the tank actually holds. Rheem, which has three facilities in Montgomery – division head office, manufacturing plant and customer care center – is the sole water heater supplier for Home Depot. The units are produced under the GE brand.

Progress Report Montgomery Business Journal

Calendar Montgomery Area Chamber of Commerce Events

AUGUST

5 6 7 13 14 19 21 29 52

BUSINESS PLANNING SEMINAR 4 PM @ Small Business Resource Center 600 South Court Street, Montgomery $10 at the door ENTREPRENEURIAL UNIVERSITY 6 AM â&#x20AC;&#x201C; 8 PM @ Small Business Resource Center 600 South Court Street, Montgomery Contact Heidi Powers at 334-240-6863 or hpowers@montgomerychamber.com Registration: www.montgomerychamber.com/EU CHAMBER ORIENTATION Sponsored by Charter HR 8 AM @ Montgomery Area Chamber of Commerce 41 Commerce Street, Montgomery Contact Linda Drumheller at 334-240-9494 or ldrumheller@montgomerychamber.com Reservation is required BACK TO SCHOOL BREAKFAST Presenting Sponsor: Information Transport Solutions, Inc. 8 AM @ RSA Activity Center 201 Dexter Avenue, Montgomery Contact Bonnie Evans at 334-240-9299 or bevans@montgomerychamber.com 60 MINUTE COFFEE Sponsored by Costco Wholesale 8 AM @ Costco Wholesale 8251 Eastchase Parkway, Montgomery Free event, exclusively for Chamber Members BUSINESS PLANNING SEMINAR 4 PM @ Small Business Resource Center 600 South Court Street, Montgomery $10 at the door EGGS & ISSUES WITH CONGRESSMAN MARTHA ROBY Presenting Sponsor: Ropir Industries 7:30 AM @ RSA Activity Center 201 Dexter Avenue, Montgomery Details and registration: www.montgomerychamber.com/roby BUSINESS AFTER HOURS Sponsored by Sys-Con, LLC 5 PM @ Sys-Con, LLC 1755 Eastern Boulevard, Montgomery Free event, exclusively for Chamber Members

Montgomery Business Journal Progress Report

SEPTEMBER

11 16 19

60 MINUTE COFFEE Sponsored by Healthsouth 8 AM @ Healthsouth Rehabilitation Hospital 4465 Narrow Lane Road, Montgomery Free event, exclusively for Chamber Members BUSINESS PLANNING SEMINAR 4 PM @ Small Business Resource Center 600 South Court Street, Montgomery $10 at the door BUSINESS AFTER HOURS Sponsored by Jackson Hospital @Jackson Hospital 1725 Pine Street, Montgomery Free event, exclusively for Chamber Members

DIVERSITY SUMMIT Presenting Sponsor: Troy University. 8 AM @ Renaissance Montgomery Hotel & Spa at the Convention Center 201 Tallapoosa Street, Montgomery. Registration: www.montgomerychamber.com/2013DiversitySummit

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New Perspectives for Today’s Workplace Montgomery Area Chamber of Commerce’s Sixth Annual Diversity Summit The Montgomery Area Chamber of Commerce will host its sixth annual Diversity Summit on Tuesday, September 17, 2013 from 8:00 a.m. to 4:30 p.m at the Renaissance Montgomery Hotel & Spa at the Convention Center.

Bucherati, chief diversity officer, Coca-Cola Co., participants will have the opportunity to hear from a wide variety of successful people who have dared to be creative and resourceful in developing groundbreaking ways to manage and lead their workforce.

This year’s theme is “New Perspectives for Today’s Workplace.” In addition to the keynote speaker for this year’s event, Steve

These experts will share their strategies for bridging generational and cultural diversity and using these differences as generators of new ideas. To learn more and register for the sixth annual Diversity Summit, visit www.montgomerychamber.com/ 2013DiversitySummit.

Montgomery Business Journal Progress Report

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Leader of the Pack Montgomery business executives most upbeat in the state by David Zaslawsky

Montgomery area business leaders were very upbeat about the second quarter – the most upbeat of any of the state’s four major metro areas. The Alabama Business Confidence Index (ABCI) for Montgomery rose 9.0 points from the first quarter and is at 53.3, about one-half point more than Birmingham; about 2 points more than Mobile and about 17.5 points more than Huntsville. The confidence index for Huntsville fell for a fourth straight quarter and now is

barely more than its low of 36.4 points during the Great Recession. The reason for the gloomy outlook is the impact of sequestration, according to the University of Alabama’s Center for Business and Economic Research. Meanwhile, the business executives’ second-quarter outlook could not be brighter for Montgomery. Consider the following:

Montgomery tops the three other large metro areas in four of the six components in the ABCI. The industry sales outlook for Montgomery is 61.0, an increase of nearly 13 points from the first quarter. The outlook for profits increased about 15.5 points from the first quarter to 58.0. Although the expectations for capital expenditures is still negative for Montgomery in the second quarter (49.5 CONTINUED ON PAGE 58

Montgomery Business Journal Progress Report

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points) â&#x20AC;&#x201C; that is still a jump of about 9 points from the first quarter. The regionâ&#x20AC;&#x2122;s second-quarter hiring component turned positive â&#x20AC;&#x201C; 51.0 points â&#x20AC;&#x201C; and jumped nearly 7.5 points from the firstquarter outlook of 43.6 points. The overall ABCI for the second quarter is slightly improved from the first quarter, increasing 2.3 points to 47.7, but remains in negative territory (less than 50 points). It is the third straight quarter with an index of less than 50. Yet all six components in the second-quarter index rose from the first quarter. The following is a component-by-component breakdown of the second-quarter index: NATIONAL ECONOMY The index increased 2.1 points from the previous quarter, but remains extremely low at 40.5 points. A majority (nearly 52 percent) expect the second quarter will be worse or much worse than the first quarter of 2013. About a quarter

of the respondents in the quarterly survey conducted by the University of Alabamaâ&#x20AC;&#x2122;s Center for Business and Economic Research expect the second quarter to remain the same as the first quarter. Another 20 percent anticipate an improved quarter. ALABAMA ECONOMY This component registered a gain of only 0.6 points from the first quarter, which was the smallest increase of the six components. The index is 47.3 points. About 35 percent of the survey participants expect the quarter to be the same as the previous quarter and another 35 percent expect it to be worse. Only 22 percent expect the second quarter to be better than then first quarter. INDUSTRY SALES This component has the highest index at 53.9 points and is the only one above 50.0 points, which indicates growth. The component also saw the greatest increase from the first quarter, gaining 3.5 points. Close to 50 percent are forecasting an improved quarter compared

with 25 expecting no change from the first quarter and 28 percent are expecting a worse quarter. The most upbeat sectors are manufacturers, construction, financial, transportation, information and utilities. The most pessimistic sectors are health care and professional services. The retail, wholesale and business services sectors expect sales to remain flat. INDUSTRY PROFITS The component increased 2.3 points from the first quarter and is right at 50.0 â&#x20AC;&#x201C; a neutral index, but it ended two straight negative quarters. The respondents were evenly split with one-third expecting a better quarter; one-third expecting the quarter to remain the same and one-third expecting a worse quarter. The manufacturing sector is very optimistic and the financial sector is also expecting better profits. Retailers are forecasting a minor improvement in profits from the first quarter and the construction sector expects profits to remain flat. The health care, wholesale trade and professional services sectors are forecasting the largest declines in profits.

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Montgomery Business Journal Progress Report

ABCI QUARTERLY BREAKDOWN 2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Source: University of Alabamaâ&#x20AC;&#x2122;s Center for Business and Economic Research

INDUSTRY HIRING The index rose only 1.1 points and is still negative at 46.8 points. One-half of the respondents expect no change from the first quarter compared with nearly 30 percent expecting a worse quarter and just about 20 percent expecting improvement in the second quarter. The manufacturing sector is very upbeat about hiring while the wholesale trade sector expects modest improvement. The sectors forecasting the largest declines in hiring are health care, retail trade, professional, scientific and technical services.

CAPITAL EXPENDITURES The component had the largest increase from the first quarter, gaining 4.1 points and now is at 47.7. About 30 percent are expecting the quarter to be worse compared with about 25 percent expecting a better quarter. About 45 percent are forecasting the quarter to remain the same as the previous one. The manufacturing, construction, financial, transportation, information and utilities are the most upbeat sectors while health care and professional services sectors are among the most pessimistic. â&#x20AC;˘

Progress Report Montgomery Business Journal

Reporterâ&#x20AC;&#x2122;s Notebook by David Zaslawsky

INVESTING IN ALABAMA AT&T Alabama, which invested almost $1.4 billion in the state from 2010 to 2012, is creating 350 jobs statewide with upgrading its wireless and wired networks. It is not known how many of those jobs will be in the River Region, but 250-plus of those new hires will be technicians

installing fiber optic cable and boxes for the companyâ&#x20AC;&#x2122;s expanded services. The company is expanding its 4G LTE mobile Internet coverage and its fiber network as well as adding cell sites. AT&T Alabama has signed agreements with the City of Montgomery and Montgomery County to offer its digital TV service called U-verse.

DOWNTOWN GROCERY STORE UPDATE City officials are looking at the Curb Market site for a downtown grocery store, but Curb Market would not vanish. It would be a wing of the grocery store.

Montgomery Business Journal Progress Report

BREAKING RECORDS The Hyundai Motor Manufacturing Alabama facility set an all-time monthly production record with 37,372 units in April to top the previous record of 37,200 units last October. The plant manufactured 32,000 or more vehicles three months last year and accomplished the feat in each of the first four months of 2013. The plant increased its production about 20 percent for the first four months of the year â&#x20AC;&#x201C; 138,832 units compared with 116,054 units in 2012. The production numbers are not surprising, considering a

third crew, third shift was added last fall. The Sonata and Elantra are manufactured at the plant. Meanwhile, vehicle sales set an all-time April record of 63,315 vehicles. The company is slightly ahead of last yearâ&#x20AC;&#x2122;s record sales through April.

Progress Report Montgomery Business Journal

STREETSCAPE SCHEDULE The streetscape planned for West Fairview Avenue will now move forward with engineering work by Goodwyn, Mills and Cawood. The construction of the streetscape could start within one year, Strange said.

INNOVATIVE PLAN UNVEILED FOR REVITALIZING OLD MONTGOMERY MALL City officials are talking to a well-known Dallas development group about purchasing 400,000 square feet in the center of the old Montgomery Mall from current owner Blue Ridge Capital. The city and county have agreed to lease between 20,000 and 25,000 square feet of that space. The Montgomery Board of Education is in the final stages of approving a dynamic plan that will transform the Montgomery Mall site inoto a new home for MTEC, LAMP and the MPS Central Office.

LOCAL ALL-STARS Fifth-graders from Forest Avenue Academic elementary school ranked fourth in the country in the WordMasters Vocabulary Challenge, competing against nearly 500 schools.

ELIMINATING PAPER Five people will touch a purchasing order for the Montgomery Public Schools district, according to superintendent Barbara Thompson. That’s four too many for her as most districts use electronics for those transactions. “We are a paperdriven organization and we do not need to be a paperdriven organization,” Thompson said.

Montgomery Business Journal Progress Report

It’s all part of Thompson’s plan to eliminate redundancies and consolidate the central office, reducing the number of buildings from 14 to nine at the most. The district turned to Huntsville-based LEAN Frog for a district analysis, which will include payroll, finance, human relations and operations. The company helped save Huntsville’s public school district $7 million a year.

NEW HOME FOR HANK? Various groups are looking at bringing the Alabama Music Hall of Fame to Montgomery. The city will be a facilitator and not a lead player, Strange said. If the Alabama Music Hall of Fame does end up in Montgomery, there is a possibility of a Hank Williams wing.

‘UPGRADE OURSELVES’ Mayor Strange said he met with Jeffrey Bayer, president and CEO of Bayer Properties, which manages The Shoppes at EastChase and EastChase Plaza for owner JPMorgan Chase. Bayer Properties also developed and manages The Summit in Birmingham. Strange said he is encouraging Bayer to bring some of the Summit retailers to EastChase, which would give Montgomery some very high-end businesses.

PAY SCALE NEEDS REVISION An interim assistant superintendent left the Montgomery Public Schools district to be a principal at another district’s K-12 school for a substantial raise. That administrator will receive a $135,000 annual salary. Montgomery Mayor Todd Strange said the MPS district salaries are “woefully” low compared with Wetumpka and Prattville. MPS Superintendent Barbara Thompson said salaries are “at least $15,000 to

$20,000” less than other districts, which affects recruiting administrators and retaining them. She is talking with the business community about possible financial incentives for administrators. “You can’t keep paying them (administrators) a pittance,” Thompson said. “Getting the administrators here who are good and then being able to keep them is critical.”

Progress Report Montgomery Business Journal

The CA MPAI G N f o r QUE S TP LEX

KNOWLED GE KNOWS NO BOUNDAR IE S

SPARK THE

IMAGINATION AND

GREAT THINGS HAPPEN. #jointhequest

unite. educate. inspire. advance. Help make Montgomery’s legacy of life-long learning a reality. Anchored by The Children’s Museum of Alabama and the new Juliette Hampton Morgan Memorial Library, Montgomery’s global education and discovery center will provide state-of-the-art interactive learning for all ages. Visit questplex.org or contact Campaign Director Colin Coyne at 334.625.3095 to join the quest. a project of: The City of Montgomery / The Montgomery County Commission / The Questplex Foundation The Montgomery City-County Public Library System / The Montgomery City-County Public Library Foundation The Children’s Museum of Alabama / The Central Alabama Community Foundation

Gov. Bentley Addresses Chamber at Alabama Update Breakfast

by David Zaslawsky

Alabama Gov. Robert Bentley praised the state’s Medicaid reforms that move from a fee-for-service basis to an outcome/ performance basis. Speaking at the Montgomery Area Chamber of Commerce Alabama Update event, Bentley said patients will get better care and medical providers will be better able to manage a patient. Some of the most successful medical systems in the country – Mayo Clinic and Cleveland Clinic – have replaced fee-forservice care. The state will establish eight regional care organizations for its Medicaid system. He acknowledged that the state’s Medicaid system “has been totally broken for years and the reason we know it’s broken now is

Bentley, who was elected governor in 2010 and served two terms as a member of the House of Representatives, said the greatest threat facing the country is debt.

because we don’t have any money.” “We are the states – we did create the federal government and it’s not the other way around,” Bentley said. “The states have authority. The states have power.”

“If they don’t get their act together up there (Washington) we are going to have a bankrupt system and a bankrupt nation,” Bentley Gov. Robert Bentley said. “That’s why we need some leadership in Washington. We’re in trouble at the federal level.”

He was excited about being able to keep a campaign promise – a convention center on the beach. He was demonstrably angry about Alabamians attending conventions in Sandestin, Fla., because there was not a convention facility on an Alabama beach. He even said that he is “sick of going to Sandestin, Fla.,” to talk to Alabama attorneys or other Alabamians.

He supports the sequestration in all areas except any cuts to the military and said that Washington must reduce spending. “We’ve

CONTINUED ON PAGE 66

Progress Report Montgomery Business Journal

Left to right: Montgomery Area Chamber of Commerce President Randy George; Col.Trent Edwards, Commander, 42nd Air Base Wing, Maxwell Air Force Base; Montgomery County Commission Chairman Elton Dean Sr., Gov. Robert Bentley; Montgomery Mayor Todd Strange, Montgomery Area Chamber of Commerce Chairman Horace Horn; and Adjutant General of the Alabama National Guard Maj. Gen. Perry Smith.

CONTINUED FROM PAGE 65

got to â&#x20AC;&#x201C; we donâ&#x20AC;&#x2122;t have a choice or weâ&#x20AC;&#x2122;re going under.â&#x20AC;? The governor said that he was pleased with the recently concluded legislative session, including bills that will level the playing field for Alabama to recruit Airbus suppliers; streamline adoptions; pay back money borrowed from the Alabama Trust Fund; and target abuse of prescription drugs.

He is a strong advocate of the market fairness bill, which was passed by the U.S. Senate, but still has to be approved by the House. The measure would require businesses to charge sales tax on Internet purchases. â&#x20AC;&#x153;This is not a new tax,â&#x20AC;? Bentley said. â&#x20AC;&#x153;Iâ&#x20AC;&#x2122;m not for raising taxes. Iâ&#x20AC;&#x2122;m for collecting every penny owed us. Itâ&#x20AC;&#x2122;s a job issue. Itâ&#x20AC;&#x2122;s an issue related to an unfair advantage that online retailers have over local stores.

â&#x20AC;&#x153;The local stores are not hiring anyone because they are competing at a 10 percent disadvantage.â&#x20AC;? The state would have received $170 million from Internet sales taxes in 2012, according to a University of Tennessee study. The state is spending $1 billion to improve roads and bridges in rural areas, Bentley said, and $614 million has already been

committed. The Rural Assistance Match Program will help counties that cannot fund their 20 percent share of the road projects. Bentley was proud of the number of jobs created in 2011 and 2012. More than 38,000 jobs were announced during those two years, including 20,800-plus last year. He said his favorite day is announcing new jobs and one week there were jobs announcements for Auburn, Lincoln, Tuscaloosa and Covington County. After his speech at the Eggs & Issues, he was traveling to Enterprise to announce a $12 million expansion for HS Automotive Alabama Inc., which would result in 100 jobs. When he became Alabamaâ&#x20AC;&#x2122;s 53rd governor, the state had exhausted its rainy day funds and there was no incentive money to recruit industries to Alabama or assist existing companies with expansions. â&#x20AC;&#x153;We came into office at a very difficult time as all of you know,â&#x20AC;? Bentley said. â&#x20AC;&#x153;Itâ&#x20AC;&#x2122;s somewhat better, but itâ&#x20AC;&#x2122;s not great.â&#x20AC;? The rainy day funds are being replenished and the state rolled out its Accelerate Alabama economic development plan of recruitment, retention and renewal, which focuses on innovation and entrepreneurship. â&#x20AC;˘

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Montgomery Business Journal Progress Report

Top:Leadership Montgomery’s inaugural Unity Award attracted about 550 people. Middle: The four founders of Leadership Montgomery are (from left) Mike Jenkins IV, Solomon S. Seay Jr., Lanny Crane and George Goodwyn.Right: Pastor Vincent Rosato (left), who received the 2013 Leadership Montgomery Unity Award, stands with Mike Jenkins IV.

CELEBRATING COMMUNITY COLLABORATIONS Pastor Rosato receives Leadership Montgomery’s Unity Award by David Zaslawsky

It was billed as an inaugural event, but judging by a huge, enthusiastic crowd of 550, the Leadership Montgomery’s Unity Award Breakfast will be around for some time. Leadership Montgomery President Robert Smith said the attendance “shows how much you care about unity in our community. We want to thank you all for supporting this event, but we’d also like to remind you that we hope to make the Unity Breakfast an annual event during which we can continue to celebrate community collaborations.” The winner of the 2013 Leadership Montgomery Unity Award was Pastor Vincent Rosato, who started Friendship Mission more than 20 years ago. The mission provides food, shelter, clothing and programs for homeless men. The organization was planning to open a women’s shelter in July in Chisholm.

“It is my privilege to serve the homeless and poor of Montgomery,” Rosato said while accepting the award. “It’s a wonderful privilege to be part of a core mission of people who have the common interest in helping the needs of the homeless and the poor. And certainly I am thrilled to death that amongst the poor that blacks and whites there is a unity among them – they have a common interest.” Other finalists were: Common Ground Ministries; Family Promise of Montgomery; Law Clinics at the Jones School of Law; and the Junior League of Montgomery. The four founders of Leadership Montgomery – Lanny Crane, George T. Goodwyn, Solomon S. Seay Jr. and J. Mike Jenkins IV – were CONTINUED ON PAGE 68

Progress Report Montgomery Business Journal

UNITY AWARD NOMINEES

ANNA KATE INGRAM-BOWEN BRIDGE BUILDERS ALABAMA CHIEF DEPUTY DERRICK CUNNINGHAM COMPASSION 21 COSTCO WHOLESALE FRED GRAY EASTMONT BAPTIST CHURCH ENVISION 2020 FREEWILL COMMUNITY DEVELOPMENT CORP.

CONTINUED FROM PAGE 67

GRAD PRO HERFF JONES RECOGNITION PRODUCTS HIGHLAND AVENUE BAPTIST CHURCH LES MASSEY MIKE KING MOBIS ALABAMA MONTGOMERY S.T.E.P. FOUNDATION PINTLALA BAPTIST CHURCH REALITY AND TRUTH MINISTRIES THE BUSBY INSURANCE AGENCY TROY UNIVERSITY’S ROSA PARKS MUSEUM TRUE DIVINE COMMUNITY DEVELOPMENT

honored at the event held at Embassy Suites Montgomery - Hotel & Conference Center. Leadership Montgomery will celebrate its 30th anniversary later this year. Leadership Montgomery is a non-profit organization, whose mission is to develop a diverse group of leaders “into extraordinary change agents to effect positive civic transformation,” Smith said. The Montgomery Area Chamber of Commerce is a partner of Leadership Montgomery. In his keynote speech, John Ed Mathison, pastor emeritus of Frazer Memorial United Methodist Church, said that communities can choose to be a spotlight and just shine light on a situation or be a laser and cut through it and overcome challenges. “Where there is unity there is power,” he said. “Where there is unity, unbelievable things can be accomplished. A lack of unity produces chaos.” He said that to have “unity in the community” – you need vision, work and the proper attitude. “When you have vision and action you have transfusion,” Mathison said. •

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Montgomery Business Journal Progress Report

Member News ALFA AWARDS AUTOMOBILE TO TEACHER OF THE YEAR MONTGOMERY – Alabama’s Teacher of the Year, Alison Grizzle, a math teacher at P.D. Jackson Olin High School in Birmingham, received a year’s use of a new automobile courtesy of Alfa Insurance Co. and the Alabama Farmers Federation.

during the coming year,” Parnell said. “Alfa and the Alabama Farmers Federation appreciate the important role that she and all teachers play in the lives of our children.” It is the 17th year the company has presented an automobile to the state’s top teacher.

Alfa President Jimmy Parnell, who also serves as president of the Alabama Farmers Federation, presented Grizzle with a 2013 Chevrolet Impala as part of her award for being named the state’s top teacher. Parnell said few people have the ability to influence lives the way teachers do. “Dr. Grizzle will have the opportunity to inspire thousands of teachers, parents and community leaders as an ambassador for education

Rob Hatfield

WALKER360 CAPTURES NATIONAL AWARDS MONTGOMERY – Advertising agency Walker360 won two

BUSINESS BUZZ Tellys at the 34th Annual Telly Awards competition. Created for Tillery Heating & Air, a TV commercial titled “Calendar” won a first-place silver award, and another titled “Husband” won a bronze second-place award. The Telly Awards is a prestigious annual competition recognizing the nation’s best local and regional TV commercials, with 12,000plus entries from 50 states and numerous countries. “That’s five Tellys for Walker in two years and No. 21 and 22 for me personally,” said creative

director Rob Hatfield, writer and producer of the winning commercials. “It’s exciting to be recognized at this level for your work.” The winning commercials were filmed and edited by local Montgomery company High Five Productions. Walker360 is an advertising and printing company that has offices in Montgomery and Atlanta and has been in business for more than 65 years. (CONTINUED ON PAGE 70)

Progress Report Montgomery Business Journal

BUSINESS BUZZ (CONTINUED FROM PAGE 69)

David Mowery

Billy Bradford

MOWERY CONSULTING GROUP WINS FOUR POLLIE AWARDS

ALFA INSURANCE HONORS LOCAL AGENT

MONTGOMERY – Mowery Consulting Group won four trophies at the 2013 Pollie Awards.

MONTGOMERY – Alfa Insurance agent Billy Bradford received the PRO award for 2012 during the company’s annual awards ceremony in Montgomery.

It was the fifth straight year that the political consulting and public relations agency headquartered in Montgomery won awards. “To win four awards voted on by an audience of your peers, and competing against over 2,200 entries from around the country is an amazing honor,” said David Mowery, chairman of Mowery Consulting Group. “I had a lot of help, and great candidates and public servants to work for – there’s no way we’re in this position without them.” Pike Road Mayor Gordon Stone’s campaign for reelection won two awards. Stone won a Silver Pollie for “Best In Show - Third Party Campaign” and a Gold Pollie for “Best Automated Call - Mayor - Third Party.” Both awards were the highest honors in their respective categories. Judge Bob Vance’s campaign won two Silver Pollies for his television ads. Mowery Consulting, founded in 2009, has offices in Montgomery and Washington, D.C.

The ceremony recognized Alfa’s top agents and managers. Bradford, who has been an Alfa agent for 24 years, has an office at 4331 Atlanta Highway. Bradford is a graduate of the University of Alabama with a bachelor’s degree in accounting.

Emily J. Jones

JACKSON THORNTON TECHNOLOGIES EXECUTIVE RECEIVES PRESTIGIOUS CERTIFICATIONS MONTGOMERY – Jackson Thornton Technologies announced that Emily J. Jones has achieved IBM Cognos’ Business Intelligence and Performance Management certifications. IBM Cognos software offers data extraction/analysis and reporting capabilities for small

Montgomery Business Journal Progress Report

to mid-sized companies. The certifications are offered to administrators, designers and sales professionals. Jones achieved all three. Jones has been with Jackson Thornton Technologies for 17 years and leads the firm’s business software solutions group. She provides client solutions to reporting and data related issues in business management, process analysis and project management. “We consult with many companies that need data from their accounting systems, industry-specific applications, and many other data sources combined into dashboard, scorecard and reporting,” said Patti Perdue, principal at Jackson Thornton Technologies. “We found Cognos to be a perfect solution, especially with the suite’s scalability.”

the only one of its kind in central Alabama not only benefits The Shoppes, but the River Region as well. We’re creating a greater shopping experience for everyone and encouraging shoppers to stay in Montgomery to shop for the latest fashion trends.” White House | Black Market is located at the former Cache location on Main Street.

WHITE HOUSE | BLACK MARKET OPENS AT THE SHOPPES AT EASTCHASE MONTGOMERY – White House | Black Market opened its first store in central Alabama at The Shoppes at EastChase. White House | Black Market operates 401 boutiques, 45 outlets and offers a catalog. “We’re excited to have White House | Black Market join The Shoppes because shoppers know and love their brand,” said Jeff Branch, property manager for The Shoppes at EastChase. “To bring in another retailer that is

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Mabry “Trip” Phillips

HARBOR FINANCIAL SERVICES EXECUTIVE RECEIVES RETIREMENT INCOME CREDENTIAL MONTGOMERY – Mabry “Trip” Phillips with Harbor Financial Services, LLC, was among the first in the country to receive the Retirement Income Certified Professional (RICP) credential from American College.

Jeff Branch

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BUSINESS BUZZ

Phillips, a registered principal with Harbor Financial Services, completed advanced collegelevel courses and passed hours of exams to receive the RICP credential. He learned about retirement portfolio management techniques, annuities, employersponsored benefits, and when an individual should start receiving Social Security payments. “Retirement income planning is much more challenging than in generations past for many reasons, including dramatically increased life expectancy; incredibly low-fixed income yields; the demise of private sector pension plans; and volatile equity markets,” Phillips wrote in (CONTINUED ON PAGE 72)

Alley Station has it all. Chic, modern décor in a beautifully restored historical building. Business luncheons or client presentations have never been more impressive. Downtown old Montgomery on the brand-new alley. Old-fashioned service with state-of-the-art technology and fresh approaches to style. Show your off your flair for excellence at your next meeting. Beautiful Rooftop Terrace (Seats up to 350)

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Progress Report Montgomery Business Journal

BUSINESS BUZZ (CONTINUED FROM PAGE 71) an email. “An individual or couple retiring today should plan for a retirement that may last 25-30 years or more.”

a doctorate in educational administration and supervision from Auburn University.

The 86-year-old American College is the nation’s largest non-profit educational institution devoted to financial services.

Laura and Barrie Harmon (from left) receive the Jean and Adolph “Bucks” Weil Award from River Region United Way CEO Russ Dunman.

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Montgomery Business Journal Progress Report

Ken Blankenship

HARMONS RECEIVE AWARD FROM RIVER REGION UNITED WAY

BLANKENSHIP RECEIVES SPORT MANAGEMENT AWARD

MONTGOMERY – Barrie and Laura Harmon received the 2012 Jean & Adolph “Bucks” Weil Award from the River Region United Way.

TROY – Central Alabama Sports Commission Executive Director Kenneth Blankenship has been awarded the Sport Management Lifetime Achievement Award by the Southern Sport Management Association at its conference at Troy University. The award recognizes Blankenship for his contributions to the sport management industry. A native of Wetumpka, Blankenship began his career as a coach, teacher and athletic director at schools in Macon County and Selma. He was one of the founders of the Bryant-Jordan Student-Athlete Scholarship Program, serving as its executive director for 20 years. He served as executive director of the Alabama High School Athletic Directors and Coaches Association from 1996 until 2004. From 1992 until 1994, he served as director of athletics at Troy, successfully leading the university’s transition from Division II to Division I athletics. Blankenship completed his undergraduate and master’s programs at Troy and completed

The award recognizes individuals and organizations who continue to provide outstanding community service to the River Region United Way. It was established in 1977 as the Special United Way Award and was renamed in 1995 and again in 2012. The Harmons served as 20112012 co-chairs of The Tocqueville Society, a group of individuals and private foundations contributing at least $10,000 annually to the River Region United Way. In addition to their service and commitment to the River Region United Way, the Harmons have volunteered and served in leadership positions with many local nonprofit organizations. The Tocqueville Society membership contributed more than $1.2 million to last year’s River Region United Way campaign, which was 23 percent of the total funds raised.

BUSINESS BUZZ CH2M Hill in 1981, he worked for the Alabama Department of Public Health.

Blake Jeffcoat

AUBURN UNIVERSITY HONORS CH2M HILL VICE PRESIDENT MONTGOMERY – CH2M Hill Vice President Blake Jeffcoat received a prestigious award from Auburn University’s Samuel Ginn College of Engineering. Jeffcoat, who is U.S. client sector director for the firm’s water business group, received the 2013 Outstanding Civil Engineering Alumnus award. “Auburn University has been a major part of my life for 45 years from both a personal and professional standpoint,” said Jeffcoat, who graduated from the university in 1970. “To be recognized among the thousands of other welldeserving Auburn University civil engineering graduates is especially meaningful. I am truly humbled and most appreciative of this recognition.” Jeffcoat is responsible for water, wastewater and water resources engineering projects; overseeing agency relationships; design engineering; construction management; and client service and business operations. He has served in many leadership roles in CH2M Hill and has taught internal courses on ethics, client service, business management, leadership and integrity. In addition to his degree from Auburn University, Jeffcoat has a master of engineering degree from the University of Florida. He is a registered professional engineer in Alabama and Mississippi. Prior to joining

Rosemari Claibon Hopson

ŵĂŬŝŶŐ ƚŚĞ ƉƌŽĐĞƐƐ ^z tŝƚŚ ƚŚĞ ůŽǁĞƐƚ ŝŶƚĞƌĞƐƚ ƌĂƚĞƐ ŝŶ ŚŝƐƚŽƌǇ ĂŶĚ ƚŚĞ ŚŽƵƐŝŶŐ ŵĂƌŬĞƚ ŐĂƚŚĞƌŝŶŐ ƐƚƌĞŶŐƚŚ͕ ƚŚĞƌĞ ŵĂǇ ŶĞǀĞƌ ďĞ Ă ďĞƩĞƌ ƟŵĞ ƚŽ ƉƵƌĐŚĂƐĞ Ă ŚŽŵĞ͊ ZĂƚĞƐ ĂƌĞ ƚŚĞ ůŽǁĞƐƚ ŽŶ ƌĞĐŽƌĚ͕ ĂŶĚ ŶŽǁ ŝƐ ĂŶ ĞǆĐĞůůĞŶƚ ƟŵĞ ƚŽ ƌĞĮŶĂŶĐĞ ǇŽƵƌ ŚŽŵĞ͘ ZĂƚĞƐ ĂƌĞ ĨĂǀŽƌĂďůĞ ŝĨ ǇŽƵ ĂƌĞ ƉĂǇŝŶŐ ϰ͘ϳϱй Žƌ ŚŝŐŚĞƌ ŽŶ Ă ϯϬ ǇĞĂƌ ůŽĂŶ Žƌ ϰй Žƌ ŚŝŐŚĞƌ ŽŶ Ă ϭϱ ǇĞĂƌ ůŽĂŶ͘

Jana Tyler

THE ANDERSON LAW FIRM RECEIVES MULTIPLE AWARDS OKLAHOMA CITY – The Anderson Law Firm of Montgomery received multiple awards during LegalShield’s international convention. Jana Tyler, legal plan administrator for the law firm, was presented the “Clay Peebles Administrator of the Year” award by LegalShield, a legal plan services provider network with nearly 50 offices, including locations in five Canadian provinces. The award recognizes professionalism and outstanding service among administrators throughout the network of providers. Tyler, a charter employee of The Anderson Law Firm starting in 1997, became administrator in 2000. The Anderson Law Firm was presented with the Achievement Award for providing quality service in the LegalShield network. They also received the Champion Award for documented (CONTINUED ON PAGE 74)

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Progress Report Montgomery Business Journal

BUSINESS BUZZ (CONTINUED FROM PAGE 73) client results without any additional costs or fees under the basic plan service. Attorney Rosemari Claibon Hopson, who joined The Anderson Law Firm in 2002, received the Member’s Choice Award, which is determined by member votes within the state. The award recognizes an attorney’s commitment to member needs in a friendly, compassionate and efficient manner. TWO RETAILERS JOIN LINEUP AT THE SHOPPES AT CORNERSTONE MONTGOMERY – Newk’s Express Café and MAPCO Express will join the roster of retailers at The Shoppes at Cornerstone. Newk’s Express Café will be the company’s first location in the

region. It features a variety of made-to-order choices including fresh-tossed salads, oven-baked sandwiches, California-style pizzas, made-from-scratch soups and homemade cakes baked by Newk’s Bakery Co. A selection of wines by the glass and beer is also available. Newk’s also offers a “grab-n-go” option, where ready-to-go sandwiches and salads are available for immediate pick-up, as early as 9 a.m. For information about Newk’s Express Café, visit www.newks.com. MAPCO Express Inc. will open a new Mega Store offering 16 fueling positions and a 4,780-square-foot store featuring convenience items and MyDeli restaurant. For information about MAPCO Express, visit www. mapcoexpress.com.

Montgomery Business Journal Progress Report

The Shoppes at Cornerstone is a 122,504-square-foot shopping center located at the intersection of Vaughn and Taylor roads. The shopping center is managed and leased by Aronov Realty Management Inc. BEASLEY ALLEN PLACES 15 ON SUPER LAWYERS LIST MONTGOMERY – Fifteen Beasley Allen attorneys were selected for the 2013 Super Lawyers list, a designation received by fewer than five percent of lawyers in the state. Included on the list is the firm’s founding shareholder, Jere L. Beasley, as well as shareholders J. Greg Allen, Michael J. Crow, Thomas J. Methvin, J. Cole Portis, Daniel W. “Dee” Miles III, Andy D. Birchfield Jr., Rhon E. Jones, Benjamin E. Baker

Jr., Julia A. Beasley, Kendall C. Dunson and Roman A. Shaul. Three Beasley Allen attorneys also were included on the Super Lawyers “Rising Stars” list, which recognizes the top up-andcoming attorneys – those who are 40 years old or younger, or who have been practicing 10 years or less. Beasley Allen’s Rising Stars are Chris D. Glover, William H. Robertson V and Chris Boutwell. The Super Lawyer designation is based on peer recognition and personal achievement, and involves a statewide nomination process, independent research on each candidate and peer evaluation by practice area. Criteria that factors into the selection process include verdicts, settlements, transactions, representative clients, experience, honors and awards, special licenses and

BUSINESS BUZZ certifications; position within the law firm, bar or other professional activity; pro bono and community service; scholarly lectures and writings; education and employment background; and other outstanding achievements. MAX4KIDS FOUNDATION AWARDS $50,000 IN SCHOLARSHIPS MONTGOMERY â&#x20AC;&#x201C; The MAX4Kids Foundation gave $5,000 to each of 10 graduating senior high school students from the River Region. A committee of area college educators selected the MAX4Kids Scholarship recipients based on scholastic achievement, extracurricular activities, qualities of character and leadership; and essay responses. Six of the students were from the Montgomery Public Schools district.

Since 2001, the MAX4Kids Foundation has awarded $290,000 in scholarships to 120 high school seniors from the River Region. WALK-A-THON RAISES $80,000-PLUS FOR KIDNEY PATIENTS IN NEED MONTGOMERY â&#x20AC;&#x201C; About 400 participated in the Alabama Kidney Foundation annual walka-thon that raised more than $80,000 for Alabamaâ&#x20AC;&#x2122;s kidney patients in need. Fresenius Medical Care was the eventâ&#x20AC;&#x2122;s top-fundraising team and Angela Underwood was the top individual fundraiser. â&#x20AC;&#x153;On behalf of people suffering from kidney disease in our state, we would like to thank all who sponsored, donated, participated and volunteered at this yearâ&#x20AC;&#x2122;s walk-a-thon,â&#x20AC;? said Amy Godsoe,

regional director of the Alabama Kidney Foundation.

various parking loyalty programs and corporate packages.

Money raised at the walk-a-thon helps fund the foundationâ&#x20AC;&#x2122;s three free programs to Alabamaâ&#x20AC;&#x2122;s kidney patients in need: financial assistance, education and support services.

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ELITE PARKING SERVICES OF AMERICA LAUNCHES VALET PARKING SERVICE AT AIRPORT MONTGOMERY â&#x20AC;&#x201C; Elite Parking Services of America announced the opening of a valet parking operation at Montgomery Regional Airport. Elite Parking will develop and operate a new state-of-the-art valet operation. The service will provide passengers with a convenient and efficient traveling experience, serving as a true one-stop shop. Travelers will have access to reward programs,

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Progress Report Montgomery Business Journal

Member News

of experience in the plastics industry, working at SABIC, General Electric and Borg Warner Chemicals. Prior to his position as general manager, he held various roles of increasing responsibility for facilities at Mount Vernon, Ind., and Ottawa, Ill. He was employee health and safety manager; and plant manager for the company’s prominent product families Ultem resin and Lexan compounding.

MEMBERS ON THE MOVE

Tom Tsekouras

Tsekouras received a bachelor’s degree in chemical engineering from West Virginia Institute of Technology and a master’s degree in business administration from Lewis University.

John Curvey

SABIC ANNOUNCES TWO PROMOTIONS BURKVILLE – SABIC, an innovative plastics business unit of Saudi Basic Industries Corp., has announced two promotions. Tom Tsekouras has been promoted from general manager

to manufacturing leader for SABIC’s ABS Plastics Business. The plant’s new general manager is John Curvey, who was formerly the plant manager for SABIC’s facility in Bay St. Louis, Miss. Tsekouras, who was plant manager at the Burkeville facility since 2007, has 27 years

Curvey has worked for SABIC, General Electric and Borg Warner Chemicals for 22 years. He has more than 30 years of experience in the plastics and chemical industry and during that time he has held multiple leadership positions, including employee health and safety manager, plant manager, customer service/

master planning manager, unit operations manager and human resources manager. He has a bachelor’s degree in occupational safety and industrial technology from Illinois State University.

Ashley Brandle

JERRY KYSER BUILDER HIRES MARKETING DIRECTOR MONTGOMERY – Jerry Kyser Builder Inc. announced that Ashley Brandle is the new director of marketing and client relations. (CONTINUED ON PAGE 78)

MONEY-SAVING ENERGY EFFICIENCY IDEAS

THE SUMMER OF SAVINGS

For over 50 years Alabama Power’s rates have been below the national average, but there are still some easy things you can do to save money and energy, and make your home more comfortable.

Get a seasonal service. Clean and well-maintained equipment runs more efficiently, so get your system checked before the hottest months ahead.

Install window treatments. This may sound like a decorating tip, but proper window treatments reduce heat gain from the sun.

Maintain a constant temperature. Wide variances in temperature cause your system to work harder and use more energy.

Cook out more. Limiting the use of the cooktop and oven in the summer will help keep your home cooler inside.

Scan the code or visit alabamapower.com/save for more seasonal energy savings ideas.

Montgomery Business Journal Progress Report POWI-3119 Summer.indd 1

4/30/13 5:15 PM

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What would you do today with an SBA loan?

Purchase commercial real estate Acquire a business Expand your business

Buy equipment Build inventory

Whatever your plan for moving your business forward, Wells Fargo SBA Lending is here to help. For the second straight year we’ve approved over $1 billion in SBA loans, more than any other bank in SBA lending history.1

Proud to be America’s #1 SBA lender for the fourth straight year 2 Apply for a loan or learn more today. Stop by a Wells Fargo location to talk with a banker, or call 1-800-545-0670 (Monday – Friday, 7 a.m. – 7 p.m. Central Time). You can also visit wellsfargo.com/biz.

U.S. Small Business Administration, for federal fiscal year 2012. Wells Fargo is the #1 SBA 7(a) lender by dollars according to the U.S. Small Business Administration as of September 30, 2012. All credit decisions subject to approval. © 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. (843088_07788)

843088_07788 7.625x10 4c.indd 1

3/5/13 3:56 PM

(CONTINUED FROM PAGE 76)

She is responsible for developing, implementing, evaluating and refining a comprehensive marketing communications initiative for Jerry Kyser Builder as well as Central restaurant, which is a Kyser property. “We have never had a position like this before and know how important it is to be represented and stay relevant in the community,” said Jerry Kyser, CEO of Jerry Kyser Builder. “Ashley will do just that.” Brandle graduated from Alabama State University with a degree in public relations and is currently working on a master’s degree at Georgia State University. She previously worked at Capital City Club as private event director and member relations director. “I plan to build and maintain mutually beneficial relationships with local businesses as well as

patrons while maintaining the brand of Mr. Kyser’s business entities,” Brandle said.

Marla Vickers

EX-BISCUITS GM NAMED DIRECTOR OF UNIVERSITY RELATIONS AT AUM

and communication efforts of the university.

served in sales, marketing and community relations roles.

“We are excited to welcome Marla to the AUM family,” said Chancellor John G. Veres III. “She is a noted leader and talented public relations professional. We feel her experience establishing the Montgomery Biscuits’ unique brand will serve us well as we continue to strengthen the university’s image and market to potential students.”

After 13 years in baseball, Vickers said she decided to make a career change that will allow her to spend more time with her family and is happy to find a “new team” at AUM. “Since moving to Montgomery, I have been impressed with the people, energy and growth at AUM,” Vickers said. “This is an exciting time to join the AUM family and I look forward to my future here.”

Vickers was hired as the Biscuits’ first employee in 2003. She served in several roles for the team before becoming general manager in 2011. She was the fourth woman in minor league baseball history to serve as general manager and the first at AA level or higher.

MONTGOMERY – Marla Vickers, former general manager of the Montgomery Biscuits, has been named director of the Office of University Relations at Auburn University at Montgomery.

A native of Lansing, Mich., Vickers moved to Alabama to work for the Biscuits after beginning her career with another minor league team, the Lansing Lugnuts. She is a graduate of Central Michigan University, where she majored in commercial recreation and facilities management.

Throughout her career in baseball, Vickers has primarily

In her new position, Vickers will serve as spokesperson and oversee the marketing

(CONTINUED ON PAGE 80)

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Montgomery Business Journal Progress Report

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number one. taking care of number one.

WhyWeAreNumberOne.com

Baptist Medical Center East, tops in healthcare for the second year in a row. 2XW RI QHDUO\ KRVSLWDOV QDWLRQZLGH %DSWLVW 0HGLFDO &HQWHU (DVW LQ 0RQWJRPHU\ ZDV UHFHQWO\ QDPHG RQH RI WKH 7RS +RVSLWDOV LQ $PHULFD E\ 7UXYHQ +HDOWK $QDO\WLFV ZKHQ LW FRPHV WR TXDOLW\ VDIHW\ DQG SDWLHQW VDWLVIDFWLRQ $QG ZH DUH WKH RQO\ KRVSLWDO LQ $ODEDPD WR PDNH WKH OLVW 2XU HPSOR\HHV DQG SK\VLFLDQV DUH KRQRUHG WR EH UHFRJQL]HG DJDLQ DPRQJ WKH KLJKHVW DFKLHYLQJ KRVSLWDOV LQ WKH FRXQWU\ EXW WKH UHDO ZLQQHUV DUH RXU SDWLHQWV

334.273.4444 baptistfirst.org

(CONTINUED FROM PAGE 78)

“I can do all things through Christ who strengthens me” Philippians 4:13

Russell Sinco

Prior to joining Alfa in 2005, Sinco worked 12 years in insurance-focused roles at Ernst and Young LLP, and American Safety Insurance. He received a bachelor’s degree in accounting from Florida State University and is a certified public accountant.

CELEBRATING 13 YEARS OF SUCCESS! Brian Hardin

Success Unlimited Academy, LLC K-12 • SACS / AdvancEd Ed. Accredited

Montgomery’s Foremost Institution Dedicated to Individualized Education

ENROLL NOW FOR FALL 2013 Interdisciplinary Arts Programs Music Education • Drama Productions • Visual Arts Girls Volleyball • Key Club • Drama Club • Basketball Baseball • Cheerleading • Fellowship of Christian Students After school programs (Praise Band, Guitar Lessons)

Academic Programs Day School • Night School Distance Education • Tutoring

www.suacademy.com

(334) 213-0803 2328 Fairlane Drive (7-12th) Montgomery, AL 36116

3368 Harrison Road (k-6) Montgomery, AL 36109

in the company’s property & casualty, life, investment and accounting departments, as well as the budgeting and planning unit. Sinco provided key leadership in implementation of debit and credit card payment options to enhance customer service for Alfa policyholders.

Jeffrey A. Frazee

ALFA INSURANCE NAMES THREE TOP EXECUTIVES MONTGOMERY – Alfa Insurance announced three new top executives, including the chief financial officer and the chief information officer. The company has promoted Russell Sinco to chief financial officer. He joined Alfa in 2005 as vice president of planning and analytics and most recently served as controller. Jeffrey A. Frazee has been named senior vice president and chief information officer and Brian Hardin has been promoted to director of the Alabama Farmers Federation department of governmental affairs. Sinco is responsible for Alfa’s capital allocation and reinsurance strategies; tax compliance; credit arrangements; regulatory and rating agency reporting; and financial communication with the board of directors. As controller, Sinco managed 60 employees

“Russell has played a lead role in financial planning and analysis, and has continually worked to streamline operations within the finance department,” said Executive Vice President of Operations Steve Rutledge. “I am confident Russell will continue to bring positive results to Alfa in his new role.” Frazee comes to Alfa from Aviva, the sixth-largest insurance group in the world with more than 43 million customers in 21 countries. He has 20-plus years of experience in insurance and financial services. A graduate of Bellevue University, Frazee was responsible for Aviva’s technology operations in the United States, including management of 500 IT resources and multiple outsourcing contracts. He previously served as senior vice president and chief information officer for West Bend Mutual Insurance Co. His work with 300 IT associates and 500 independent agency offices contributed to West Bend’s No. 1 “ease of doing business” rating among more than 250 property and casualty insurance companies. He is credited for restructuring the IT organizations at Aviva, General Electric, West Bend Mutual Insurance and Adelphia Communications. He also implemented enterprise-wide planning and prioritization (CONTINUED ON PAGE 82)

Montgomery Business Journal Progress Report

INNOVATION AND PERSONAL COMMITMENT – TWO WAYS REGIONS KEEPS THE WHEELS OF PROGRESS TURNING FOR SMALL BUSINESS.

Employment Screening Services, Inc., has come a long way since its inception in 1994 as a small division of what was actually a title company. In fact, this thriving business now employs 55 people and currently completes more than 1 million background checks every year. Recently, Sheila Benson and her company started a relationship with Regions to purchase a new state-of-the-art 10,000-square-foot facility. “People love coming to work in such a creative space,” says Sheila.

“Regions convinced me that even though it is a large bank, it could have a community bank feel. The closing on our building was the easiest I’ve ever experienced.” After financing the building, the relationship with Regions expanded to include many services, such as Treasury Management and Regions Commercial Cards. She has even switched some of her personal accounts to Regions Private Wealth Management. “I feel extremely confident now that Regions can take care of all our banking needs. It’s about feeling that they’re my partner,” says Sheila. To learn more about Employment Screening Services, Inc., and how Regions can help your business, visit regions.com/success.

(CONTINUED FROM PAGE 80)

committees across 11 business units at GE and Aviva. “Jeff has a proven track record of improving information technology operations at respected U.S. and global organizations …” said Alfa President Jimmy Parnell. “We are confident he can leverage the investment Alfa has made in technology to improve customer service and increase efficiency.” Hardin previously served as assistant director of the department of governmental and agricultural programs. He will oversee state public policy issues and political activities for the federation. Parnell, federation president, said that Hardin’s farm background and experience as a commodity director and state lobbyist make him an effective advocate for the organization’s members.

“We are extremely excited to have people of this caliber join our team,” said broker Sandra Nickel. “Tammy and Tristan are exactly what we needed to continue our growth as an agency and bring innovative marketing solutions to our clients.”

“Brian has earned the respect and appreciation of Alabama’s elected officials,” Parnell said. “His reputation, integrity and work ethic will serve our organization well as we put together a team to ensure success in the 2014 elections.” A native of Moulton, Hardin joined the federation staff in 2000 as director of the organization’s pork, horticulture, and greenhouse, nursery and sod divisions. He was later named director of agricultural legislation before being promoted to assistant department director. Hardin is a graduate of Auburn University with a master’s degree in horticulture. Prior to working for the federation, he was employed by Dow AgroSciences in Bradenton, Fla.

Montgomery Business Journal Progress Report

Tristan Patton

Tammy McMichael

SANDRA NICKEL HAT TEAM REALTORS ADDS TWO AGENTS MONTGOMERY – Sandra Nickel Hat Team, Realtors recently added two real estate agents – Tammy McMichael and Tristan Patton.

McMichael, who grew up in Montgomery, was a dental hygienist before becoming a real estate agent. Patton is a graduate of The Montgomery Academy and was a data processing and business major at Morehouse College in Atlanta. He previously had a computer marketing job in Atlanta. Anticipating significant volume growth in 2013, Nickel said that she plans to add other new agents, both experienced and novice, to reach various market niches and across generations. •

NEW MEMBERS Apartments THE PRINTING PRESS LOFTS Beau Daniel 215 North Court Street Montgomery, AL 36104 334-273-0313

Associations/Non-Profit AKEEP, INC. Meesoon Han P.O. Box 640513 Pike Road, AL 36064 334-625-8515 MAKE-A-WISH ALABAMA Pam Jones 244 Goodwin Crest Drive, Suite 200 Birmingham, AL 35209-3713 205-254-9474

Audio-Visual Consultants & Designers

Cellular/Wireless Phone Services

MOFFITT TECHNOLOGY Russ Thompson 123 Medical Center Drive Prattville, AL 36066 334-358-1424

VERIZON WIRELESS David Wallace 925 Ann Street Montgomery, AL 36106 334-269-3023

Automobile Repair Services GRAYâ&#x20AC;&#x2122;S BROADWAY AUTOMOTIVE David Gray 5840 East Shirley Lane Montgomery, AL 36117 334-277-9664

Blinds - Retail & Cleaning BUDGET BLINDS OF SE MONTGOMERY Patrick Johnson 255 Silverleaf Drive Pelham, AL 35124 334-235-5450

VERIZON WIRELESS Gary Wood 6925 Halcyon Park Drive Montgomery, AL 36117-6943 334-215-0419

Clothing & Accessories-Retail FOCUS ON FASHION/WIGS BY THREE Betty J. Roberts 413 Coliseum Boulevard Montgomery, AL 36109-2713 334-272-1170

Price the Rest and then come to the Best!

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NEW MEMBERS Coffeebreak Service/Supplies STELLAâ&#x20AC;&#x2122;S COFFEE SERVICE James Jones P.O. Box 143 Millbrook, AL 36054 334-322-2610

Colleges & Universities JF INGRAM STATE TECHNICAL COLLEGE Hank Dasinger 5375 Ingram Road Deatsville, AL 36022 334-290-3265

Department Stores WALMART SUPERCENTER Natoya Holden 3801 Eastern Boulevard Montgomery, AL 36116 334-284-4181

Montgomery Business Journal Progress Report

Employment Agencies

Hotels/Motels

MALONE STAFFING Donna DeMarcus 2101 Eastern Boulevard Montgomery, AL 36117 334-229-9111

HOME INN & SUITES Mitul Patel 5709 Express Drive Montgomery, AL 36116 334-387-3016

Engineers-Structural GRANT ENGINEERING, LLC Terry Grant, P.E., S.E. 432 Herron Street Montgomery, AL 36104 334-265-4631

Fitness Center/Gym PROFITNESS 3D Jennifer Biddy 3251 Malcolm Drive Montgomery, AL 36116 334-356-0992

WINGATE BY WYNDHAM Ron Olmstead 2060 Eastern Boulevard Montgomery, AL 36117 334-244-7880

Information Technology Firms STG, INC. Lee Stanford One Commerce Street, Suite 330 Montgomery, AL 36104 334-834-5340

Music Production/ Recording TITANIUM MUSIC PRODUCTIONS GROUP, INC. Lisa Perkins 20 Sandy Springs Drive Wetumpka, AL 36092 334-213-3034

Nursing Homes/ Assisted Living COUNTRY COTTAGE Kendra Newton 235 Sylvest Drive Montgomery, AL 36117 334-260-8373

MONTGOMERY CHILDRENS SPECIALTY CENTER Heather Penney 2853 Forbes Drive Montgomery, AL 36110 334-261-3445

Private Schools MONTESSORI SCHOOL AT HAMPSTEAD Betsy Hosp 5251 Hampstead High Street Unit 111 Montgomery, AL 36116 334-356-1969

Real Estate-Commercial/ Investments GRAHAM & COMPANY, LLC Mike Graham 110 Office Park Drive, Suite 200 Birmingham, AL 35223 205-871-7100

Towing & Recovery ALL ABOUT TOWING & HAULING Tina Whaley 946 West South Boulevard Montgomery, AL 36105 334-284-5755

Radiology CENTRAL ALABAMA RADIATION ONCOLOGY Jan Hollon 4143 Carmichael Road Montgomery, AL 36106 334-395-2200

Progress Report Montgomery Business Journal

Ribbon Cuttings & Ground Breakings

HERE WE GROW AGAIN

ELITE PARKING SERVICES 4445 Selma Highway, Montgomery, AL 36108 334-422-4022 www.eliteparkingofamerica.com Celess Kilpatrick-Manager Property Management

TWO BLESSINGS GIFT BOUTIQUE 8127 Vaughn Road, Montgomery, AL 36116 334-647-1745 Donnie Sasser-Owner Gifts & Specialty-Retail

LULUâ&#x20AC;&#x2122;S CAKE SHOP 2503 Highland Avenue, Montgomery, AL 36107 334-356-6224 Mary Nichols-Owner Bakery

MCDONALD & BARRANCO CAPITAL WEALTH MANAGEMENT 350 Leavell Circle, Montgomery, AL 36117 334-387-0094 www.mbcapitalwealth.com Brandt McDonald-Financial Branch Manager Financial Services

MONTGOMERY AESTHETICS MEDSPA 8448 Crossland Loop, Suite 146 Montgomery, AL 36117 334-356-1912 www.medspamontgomery.com Lauren Bishop-Owner Laser & Skincare

NOLAND HOSPITAL MONTGOMERY 1725 Pine Street, 5th Floor, North Wing Montgomery, AL 36106 334-240-0532 www.nolandhealth.com Susan Legg-Administrator Hospitals/Clinics

Montgomery Business Journal Progress Report

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Troy University is an economic force in Alabama, generating more than $1.3 billion in impact annually. With a worldwide perspective, TROY is a university respected by employers around the globe, offering academic programs to broaden your mind and open doors. You want a university worth your investment and that will invest in you, as well. When you’re ready to choose a university that can put you on the road to success, TROY is all you need to know. Visit www.TROY.edu or call 1-800-473-0975 to learn more about TROY’s Business and Management Programs in class and online. Apply now. *For a complete list, and to check program availability in your area, visit www.troy.edu.

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ECONOMIC INTEL

Montgomery Business Journal Progress Report

Unemployment Data Civilian Labor Force

Unemployment Rate

Area

June p 2013

May r 2013

June r 2012

June p 2013

May r 2013

June r 2012

Montgomery MA

169,695

169,385

170,461

6.90%

6.30%

8.50%

Autauga County

25,687

25,689

25,727

5.90%

5.40%

7.20%

Prattville City

16,270

16,276

16,232

5.30%

4.90%

6.30%

Elmore County

35,338

35,369

35,459

6.10%

5.70%

7.60%

4,048

4,030

4,198

11.50%

10.60%

15.70%

104,622

104,298

105,078

7.30%

6.60%

8.90%

94,110

93,838

94,582

7.20%

6.50%

8.80%

532,757

531,229

536,738

5.90%

5.50%

7.30%

90,471

89,978

91,597

7.90%

7.20%

9.60%

211,454

211,480

213,092

5.90%

5.50%

7.10%

90,755

90,653

91,453

6.20%

5.60%

7.40%

188,221

187,683

188,223

7.80%

7.30%

9.50%

87,933

87,645

87,994

8.20%

7.70%

9.90%

2,169,797

2,165,463

2,185,703

6.80%

6.30%

8.20%

157,089,000

155,734,000

156,385,000

7.80%

7.30%

8.40%

Lowndes County Montgomery County Montgomery City Birmingham-Hoover MA Birmingham City Huntsville MA Huntsville City Mobile MA Mobile City Alabama United States

MA=Metropolitan Area. pPreliminary rRevised Estimates prepared by the Alabama Department of Industrial Relations in Cooperation with the Bureau of Labor Statistics, based on 2012 benchmark.

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Progress Report Montgomery Business Journal

Montgomery Metro Market Home Sales JUNE 2013

MAY 2013

MONTH/MONTH % CHANGE

JUNE 2012

YEAR/YEAR % CHANGE

STATEWIDE JUNE 2013

Median Price

$159,000

$133,900

18.75%

$130,765

21.59%

$138,270

Average Price

$171,164

$152,064

12.56%

$149,082

14.81%

$158,270

2,965

2,942

0.78%

2,920

1.54%

33,886

Months of Supply

9.3

8.4

10.71%

9.4

-1.06%

8.2

Total # Sales

320

352

-9.09%

311

2.89%

4,120

Days on Market

115

114

0.88%

18.56%

145

Units Listed

Source: Alabama Center for Real Estate (ACRE), The University of Alabama

Building Starts Building Permits MAY 2013

APRIL 2013

MAY 2012

MAY 2013

APRIL 2013

MAY 2012

New Construction

$4,854,800

$5,609,600

$5,428,200

Additions and Alterations

$10,338,800

$2,612,800

$4,884,800

Others

$152,400

$771,600

$266,400

Total

162

153

148

$15,346,000

$8,994,000

$10,579,400

Source: City of Montgomery Building Department

Building Valuations

Montgomery Business Journal Progress Report

Hyundai Sales VEHICLE

JUNE 2013

JUNE 2012

YTD 2013

YTD 2012

Accent

5,237

5,660

29,459

36,470

Sonata

19,454

20,931

103,010

117,412

Elantra

22,163

17,655

126,244

97,769

7,656

6,703

41,158

34,440

813

1,001

5,792

3,166

Tucson

3,800

4,231

22,207

23,833

Veloster

2,741

3,232

15,044

18,829

Veracruz

10,671

167

3,783

3,112

Genesis

2,938

3,374

16,402

18,982

195

355

1,527

1,985

65,007

63,813

361,010

356,669

Santa Fe Azera

Equus Total

Source: Hyundai Motor America

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Progress Report Montgomery Business Journal

Sales Tax Collections YEAR OVER YEAR % CHANGE

YEAR OVER YEAR % CHANGE

YTD 2013

YTD 2012

2.99%

$16,898,428

$16,834,458

0.38%

$7,761,642

1.62%

$40,194,200

$39,407,843

2.00%

$183,651

$179,370

2.39%

$819,019

$805,756

1.65%

$644,708

$593,602

8.61%

$3,269,185

$3,152,072

3.72%

$1,625,347

$1,557,983

4.32%

$8,555,489

$8,505,000

0.59%

Elmore County

$447,822

$801,574

-44.13%

$2,167,449

$4,214,689

-48.57%

Wetumpka

$513,199

$449,423

14.19%

$2,526,620

$2,342,479

7.86%

MAY 2013

MAY 2012

Montgomery County

$3,287,021

$3,191,532

City of Montgomery

$7,887,729

Pike Road Autauga County Prattville

Sources: Montgomery County Commission, City of Montgomery, City of Pike Road, Autauga County Commission, City of Prattville, Elmore County Commission, City of Wetumpka, City of Millbrook. Note: YTD numbers are January 2013 thru current month * Did not receive this months numbers.

Montgomery Regional Airport JUNE 2012

YEAR OVER YEAR % CHANGE

YTD 2013

YTD 2012

YEAR OVER YEAR % CHANGE

884

1,042

-15.2%

5,276

5,819

-9.3%

5,111

5,777

-11.5%

28,989

32,768

-11.5%

Enplanements

14,183

16,799

-15.6%

82,989

90,778

-8.6%

Deplanements

13,863

16,619

-16.6%

82,211

91,070

-9.7%

Total Passengers

28,046

33,418

-16.1%

162,200

181,848

-10.8%

JUNE 2013 Air Carrier Operations Total Operations

Source: Montgomery Regional Airport (MGM) Dannelly Field

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Montgomery Business Journal Progress Report

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Airline Fares Roundtrip airfare comparisons from Montgomery, Birmingham and Atlanta airports to key destinations. Destination

Montgomery

Birmingham

Atlanta

Destination

Montgomery

Birmingham

Atlanta

Baltimore (BWI)

$461

$343

$216

Miami (MIA)

$441

$375

$312

Boston (BOS)

$427

$274

$322

Nashville (BNA)

$462

$196

$432

Charlotte, NC (CLT)

$240

$274

$320

New Orleans (MSY)

$464

$243

$256

Chicago (ORD)

$404

$242

$314

New York (JFK)

$466

$346

$284

Cincinnati (CVG)

$398

$436

$336

Orlando (MCO)

$431

$263

$254

Dallas/Ft Worth (QDF)

$409

$370

$229

Philadelphia (PHL)

$461

$300

$394

Denver (DEN)

$464

$450

$321

Pittsburgh (PIT)

$441

$431

$306

Detroit (DTW)

$447

$410

$312

St Louis (STL)

$434

$231

$330

Houston (HOU)

$442

$372

$343

Seattle (SEA)

$634

$596

$524

Indianapolis (IND)

$427

$470

$336

Seoul, Korea (SEL)

$1,815

$1,772

$1,804

Las Vegas (LAS)

$621

$521

$390

Tampa (TPA)

$431

$269

$297

Los Angeles (LAX)

$494

$583

$390

Washington DC (DCA)

$441

$222

$297

Memphis (MEM)

$459

$243

Date of travel: July 16-21, 2013. Date of pricing: May 12, 2013. Source: travelocity.com

Alabama Training Institute Y Customized training and education based on specific needs

Center for Advanced Technologies Y Information technology strategic management, consulting, mentoring and research

Center for Business & Economic Development Y Human resource solutions designed to improve performance management

Center for Demographic Research Y Expert consultation and publication of demographic and economic impact studies for records and public relations

The six divisions within Auburn Montgomeryâ&#x20AC;&#x2122;s Outreach help companies, public agencies and individuals expand their professional knowledge and prepare for the challenges of the future. Find out how Auburn Montgomery Outreach resources can benefit your organization.

Center for Government & Public Affairs Y Research assistance to determine areas of improvement for processes and service

Division of Continuing Education Y Personal and professional development workshops and classes

Call us at 334-244-3956 or visit us on the web at www.outreach.aum.edu Progress Report Montgomery Business Journal

Quarterly Reports NAME

QUARTERLY REVENUES

NET INCOME

EARNINGS PER SHARE

EARNINGS ESTIMATE

YEAR-AGO REVENUES

YEARAGO NET INCOME

NOTABLE

Bed, Bath & Beyond

$3.4B

$373.9M

$1.68

$2.7B

$351M

Family Dollar Stores

$2.9B

$140.1M

$1.21

$1.22

$2.5B

$136.4M

$21.3B

$4.9B

$0.92

$0.89

$21.6B

$4B

Pier 1 Imports

$551.6M

$62M

$0.58

$0.60

$476.8M

$115.2M

Recorded a $33.8M tax benefit last year

Buffalo Wild Wings

$304.4M

$16.4M

$0.87

$0.99

$251.1M

$18.2M

Reveune jumped 21.2%

$2.5B

$210M

$0.61

$0.69

$2.3B

$431M

Earnings fall on $281M tax charge

Trustmark Corp.

$133.3M

$24.9M

$0.46

$0.41

N/A

$27.7M

Declared 23-cent quarterly dividend

Domino’s Pizza

$417.6M

$34.4M

$0.59

$0.55

$384.6M

$20.7M

Profit surged 66%

N/A

$9.2M

$1.40

N/A

$8.2M

Profit rose 12%

$30.7B

$956M

$0.78

$0.79

$30.8B

$776M

Profit up 23%

$1.1B

$65.1M

$0.50

N/A

$1.1B

$53.8M

Opened 44 restaurants in the quarter

International Paper

$7.1B

$318M

$0.71

$0.74

$7.1B

$188M

Profit climbed nearly 70 percent

Marriott International

$3.1B

$136M

$0.43

$0.40

$2.6B

$104M

Revenue jumped 23%

Wells Fargo

BB&T

ServisFirst Bancshare CVS Caremark

Reveune up nearly 25% on acquisitions Sales rose 17.7% Expenses fell $593M

Bloomin’ Brands (Bonefish Grill, Outback Steakhouse, Carrabba’s Italian Grill)

Our in-home care services are tailored to your needs. We are now providing the River Region with a new choice when it comes to In Home Care. We can work with your family to custom tailor a plan to fit your budget and needs. We are also locally owned and operated by Whitney Howell, who brings 10 years of experience in the Elderly Care field. Please call us and see why our priority is you.

A helping hand when you need it most: r In Home Care Assistants

r Licensed Nurse visits

r House cleaning and

r Transportation for doctor’s

meal preparations r Personalized plan of care for each client r Case Management for families who do not live nearby r Consultation with families to determine client’s options for care outside of the home

Let us be there when you can’t. 94

Montgomery Business Journal Progress Report

angelshomecare.org

visits or any other type of appointment r Caregivers available for companionship r Caregivers for hospital stays r Caregivers for after hospital/surgery

334-356-3992

The Patient Protection and Affordable Care Act of 2010 has significant impact on businesses and individuals, so it is priority one to make sense of it all. If you’re confused about healthcare reform, Jackson Thornton’s Healthcare Group has answers. Our professionals can help – as Certified Public Accountants who specialize in the healthcare field – we understand the shifting landscape.

Anyone can complicate

Only a knowledgeable healthcare consultant can make it

simple.

For the last three years, we’ve presented on the new healthcare law to help prepare for the changes ahead. We’re uniquely qualified to unravel the mysteries of healthcare reform and make it what it should be – simple. Call Jackson Thornton at 334.834.7660. When it comes to the new healthcare taxes, it’s a good idea to have healthcare tax experts on your side.

Montgomery, AL / Dothan, AL / Prattville, AL / Wetumpka, AL / Tallassee, AL / Nashville, TN / Jackson, MS 334.834.7660

www.jacksonthornton.com

Post Office Box 79 Montgomery, AL 36101

BankTrust customers:

Welcome to Trustmark, one of America’s Best Banks. Ranked as one of the Best Banks in America 2013 by Forbes

Now that BankTrust is officially Trustmark Bank, we want to welcome all BankTrust customers to the Trustmark family. Trustmark has been serving communities like yours since 1889. We started out as a community bank, and we remain true to our community bank roots. As a Trustmark customer, you’ll be able to enjoy more services and greater convenience than ever. With mobile banking. Our iPad® app. And more than 220 locations throughout the South. So come see us. We look forward to serving you soon. For more information about Trustmark, contact your local branch, call 1-800-CHECK-24 (1-800-243-2524) or visit WelcomeToTrustmark.com.

People you trust. Advice that works. Member FDIC

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