CNHI to move headquarters to Montgomery

BIRMINGHAM, Ala. – Community Newspaper Holdings Inc., a local news media company serving 150 communities in 24 states, announced today it is moving its corporate headquarters from Birmingham to the state capital of Montgomery.

Donna Barrett, CNHI’s president and CEO, said the new headquarters will be located in a 12-story office building under construction by the Retirement Systems of Alabama in Montgomery’s historic downtown district.

She said the move will occur after the building is completed, expected sometime late next year or in 2012. She said the 70 headquarters employees will be offered the opportunity to relocate.

The RSA, administrator for public pension funds in Alabama, has had a major investment in CNHI since the company was started in February of 1997.

“The RSA has been a great supporter from CNHI’s very beginning,” said Barrett. “This latest headquarters move is another example of the positive  relationship between us.”

CNHI is a privately owned company that operates 86 daily newspapers, 46 non-dailies, four television stations and numerous specialty publications in the Midwest, South and East.

The company’s headquarters moved from Lexington, Ky., to Birmingham in April of 1998.

The new headquarters in Montgomery will be located on Dexter Avenue near Alabama’s capitol building and the Dexter Avenue Baptist Church, where the Rev. Martin Luther King Jr. was pastor. It is also where the 1965 voting rights march from Selma, Ala., led by the Rev. King, culminated.

Barrett said CNHI’s corporate employees and visitors to the company’s new headquarters will benefit from the “positive and productive experience” of  the historic area, and from the city of Montgomery’s downtown revitalization that includes a modern baseball stadium, a four-star hotel and an entertainment district.