Laser company opens facility in Huntsville
IPG Defense, which develops and produces laser defense solutions, has opened an office and manufacturing facility in Huntsville. The 14,000-square-foot facility is in the Redstone Gateway. – AL.com
Sloss Furnaces plans $12M makeover
Birmingham’s Sloss Furnaces is planning a $12 million renovation that will turn it into a park. The Sloss footprint is 32 acres, and the renovation will include a trail, play area for children, maze, pedal cars and an elevator to the top of the furnace. – Bham Now
VisionFirst joining TriaVision in 2026
VisionFirst locations in Alabama will transition to the TriaVision brand by March 1, 2026. TriaVision was founded in 2024 by 14 former UAB Callahan Eye Hospital doctors. – TriaVision
Texas group buys Birmingham developer
Dallas-based real estate firm Lincoln Property Co. has acquired Birmingham-based Capstone Development Partners, a student housing and university facilities development and management company. Capstone will continue to operate as Capstone Development Partners. – Business Wire
Harbert Management appoints new leadership
Birmingham-based Harbert Management Corp. has appointed John Harbert as executive vice president. In addition, Kathryn O’Neal has been named senior vice president of operations, and Jack Bryant has been named executive vice president and senior managing director. – Globe Newswire
