Business Alabama Staff

Seven startups have been named to the 2022 cohort of Innovation Depot’s Velocity Accelerator in Birmingham.

Dobbins Group and Capstone Building Corp. partner on the $30 million, 204-unit apartment complex that features amenities like a saltwater pool.

Daphne, Oxford and Montgomery and Jefferson and Winston counties each received $2 million of ATRIP-II funds, part of $40 million awarded.

The barge carrying Ashtabula Dock Co.’s giant stacker-reclaimer arrived in Mobile after a 54-day, 3,500-nautical-mile journey.

Thomas Hand has been named CEO of Volkert Inc. He succeeds David Allsbrook, who will remain as chairman of the board.

Adventech, maker of electric industrial motors, is planning a multi-million-dollar investment to expand and scale its facility in Florence.

About 252,000 Alabamians quit their jobs from July to October, putting the state in the middle of the pack nationally for losing workers during what has become known as the “Great Resignation.”

HarbisonWalker International will invest $25 million in its Fairfield plant, converting it into a manufacturing, service and distribution hub.

Alabama plant grower Bonnie Plants opened its new headquarters in Opelika Friday. Its greenhouse operations continue in Union Springs.

MMI Outdoor will deliver its Switchblade Load Carriage System to assist military personnel with operation-specific load carriage.