Auburn, Mobile companies plan layoffs
Both Auburn’s SIO2 and Mobile’s Unifi Aviation are laying off employees, according to the Alabama Department of Commerce’s WARN list. SIO2 is laying off 104 employees. Unifi is laying off 62 employees. –MadeinAlabama.com
Bo Jackson’s Beans opening in new Auburn hotel
Auburn sports legend Bo Jackson will bring Bo Jackson’s Beans, a coffee shop, to Auburn’s new Graduate Hotel. The hotel is expected to open in 2024. – Bama Buzz
BankFirst opens new Huntsville office
Mississippi-based BankFirst Financial Services has opened a new loan production and deposit production office in Huntsville. The bank now has 48 offices in Mississippi and Alabama. – Cision
Valent acquires Coastal Professional
Valent Group, an insurance brokerage and risk management company based in Birmingham, has acquired Coastal Professional Insurance, an agency specializing in coastal property coverage and flood insurance — BusinessWire
Alamo Drafthouse says it will open in Birmingham next spring
Alamo Drafthouse, a Texas-based theater chain planning its first Alabama location in downtown Birmingham, plans to open that location next spring. The multi-screen theater will offer a full drink and food menu, too. – AL.com
