Harbert Realty Services acquired
West Harris and Norman Tynes have acquired Harbert Realty Services, and the company, based in Birmingham, will now operate as Harris Tynes Commercial Real Estate. The acquisition restores the founders’ original Harris Tynes brand. Harbert Realty Services had acquired Harris Tynes Realty Group in 2013. — Business Wire
Kratos receives contract to develop Javelin Missile seeker
Kratos Defense & Security Solutions has received a U.S. Army contract to develop an enhanced seeker for the Javelin Close Combat Missile System. Kratos is based in California, but the work will be done at its facility in Birmingham. — Globe Newswire
Jeter-backed company building hotel near UA
Baseball great Derek Jeter is brand ambassador, board adviser and investor in Alum, a hospitality company that says Tuscaloosa will be the location of its first hotel. Groundbreaking on the 116,000-square-foot project is expected soon. — AL.com
Chase will open first Montgomery branches
Chase Bank plans to open two branches in Montgomery later this year, its first branches in the city. The first location will be on Taylor Road near the intersection of Vaughn Road. The second branch will be on Zelda Road. — Montgomery Up
