Fairfield Works
State Film Incentives Have Limited Impact in Birmingham
Birmingham Business Journal editor Ty West discusses the affect of Alabama's film tax credits eight years after they were implemented.
CEO Pay in Birmingham
Researchers have documented rising inequality between those at the top of the economic ladder and workers at the bottom. Perhaps nothing represents this split more than the CEO salary. We hear about the earnings of Birmingham area CEOs in this week’s Magic City Marketplace.
The Future of U.S. Steel
What remains of Birmingham’s steel industry took a major hit this summer when U.S. Steel announced it would be idling its blast furnace in Fairfield. About 1,100 workers were laid off. Thousands of more workers have lost jobs there through the decades, but U.S. Steel is trying to stay ahead in a very competitive economy. That’s where we start this week’s Magic City Marketplace.
U.S. Steel Announces Closure of Fairfield Works
In Birmingham, it’s the end of an era. The city was founded and fueled by the steel industry. But U.S. Steel announced Monday it would close its Fairfield Works mill just west of the city leaving about 1,100 workers without jobs. It’s a noteworthy passing for a city that still identifies with an industry now found mostly in historic pictures.
