Industry in Birmingham, AL

The steel industry has always been a part of the crucial role in the local economy of Birmingham, though it doesn't hold the same level of prominence that it once held back in the early days, the steel production and processing continues to play a key role in the economy. In more recent years, the local steel companies have made around $100 million in expansions and new plants in and around Birmingham.

Birmingham is also a leading banking center that harbors two major banks: Regions Financial Corporation and Compass Bancshares.

The city is also a powerhouse of construction and engineering companies. It started with Rust Engineering International and has grown to many other construction and engineering companies such as BE&K, Brasfield & Gorrie, BL Harbert International and Dunn Construction, all of which are some of the top engineering and construction companies in the world.