Business Alabama Staff
Huntsville joint venture lands $600 million defense contract
A contract worth more than $600 million has been awarded to nTSI LLC in Huntsville to help support the layered Missile Defense System and help advance future MDS concepts.
Samkee to build $128 million factory in Tuskegee
Samkee Corp., a South Korean automotive supplier, will invest $128 million to open its first U.S. factory in Tuskegee.
Commerce park opens in Moody
The 172-acre park, being developed by Graham & Co. and Capstone Real Estate Investments, is designed for manufacturers, distributors and headquarters.
Deloitte conducting bioscience industry study for Birmingham
A comprehensive bioscience industry study for the Greater Birmingham Region will be conducted by Deloitte Consulting.
Anniston Hospital plans UAB affiliation
Working to improve local access to high-quality health care, RMC Health System in Anniston has signed a letter of intent to affiliate with UAB.
South Baldwin Regional expands
The new five-story facility is expected to add more than 200,000-square-feet to the hospital.
PCI Gaming to acquire Miami casino for reported $600 million
Wind Creek Hospitality’s PCI Gaming has agreed to acquire Magic City Casino in Miami, Florida, in a deal that multiple news outlets are saying could be worth $600 million.
Alabama Power will refund $62 million; Enterprise breaks ground on rec, aquatics center; June...
The Alabama Public Service Commission has approved $62 million in refunds to be paid to Alabama Power customers in August.
Alabama Power elects new CFO; Taco Casa eyes Alabama expansion; Steakhouse coming to Mountain...
Moses Feagin will become executive vice president, chief financial officer and treasurer of Alabama Power effective March 1.
Report: UAB had $12.1 billion economic impact in 2022
The University of Alabama at Birmingham had a $12 .1 billion economic impact on Alabama in 2022, a 41% increase from $7.15 billion in 2016 and a 163% increase from $7.15 billion in 2008.