Birmingham-Southern to lay off more than 200
Birmingham-Southern College, which will close May 31, will lay off 213 employees. In a statement to AL.com, the school said no funds were available for severance for any employees. – AL.com
Medical Properties Trust completes $350 million sale of property
Birmingham-based Medical Properties Trust has completed the sale of $350 million in property to Prime Healthcare. The sale included five facilities in California and New Jersey. – BusinessWire
Auburn leaving Under Armour for Nike
Auburn University appears to be leaving Under Armour, its longtime apparel provider, for a new deal at Nike. Auburn has had a deal with Under Armour since 2006. – AL.com
Buffalo Rock named Bottler of the Year
Birmingham-based Buffalo Rock has been named Bottler of the Year by Beverage Industry, a bottling industry publication. The company serves Alabama and parts of Georgia and Florida. – Bham Now
Motion Industries has new president
James F. Howe has been named president of Motion Industries. Motion’s parent company, Genuine Part Company, announced the promotion. Motion is based in Birmingham. – For Construction Pros