By: The Associated Press
(AP) Media corporation Community Newspaper Holdings Inc. (CNHI) will move its headquarters from Birmingham to Montgomery in about 18 months.
The company is funded by the state pension program, the Retirement Systems of Alabama. It announced Thursday that it will move into a building the pension program is constructing in downtown Montgomery. President Donna Barrett says the move will occur when the building is completed in late 2011 or early 2012.
CHNI operates 86 daily newspapers, 46 non-daily newspapers and four television stations. It has about 70 employees in its Birmingham headquarters.