Business Alabama Staff
Fontaine Fifth Wheel names new president
Paige Petroni has been named president of Fontaine Fifth Wheel. She has been with the company for 14 years.
Domain Timber acquires nearly 3,400 acres of timberland
Domain Timber Advisors LLC has acquired nearly 3,400 acres of timberland in Alabama and Georgia. The Alabama tract has 1,360 acres.
Fairway, Triad team to develop 2 million-square-foot Huntsville industrial park
Fairway Investments and Triad Properties have acquired land for a 2-million-square-foot industrial park in Huntsville.
Reid State and Columbia Southern sign transfer agreement
Columbia Southern University and Reid State Technical College have partnered on transfers of Reid’s associate degrees toward a bachelor’s degree at CSU.
Bank Independent to build an operations center in Muscle Shoals
The 95,000-square-foot complex will allow all operations staff to be under one roof. The building will also house the Bank Independent Museum.
Dallas group acquires Birmingham’s Bayer Properties
Birmingham-based developer Bayer Properties, the name behind properties such as the Summit and downtown’s Pizitz building, has been acquired by Dallas-based Centennial
SmartBank buys historic downtown Dothan building
Tennessee-based SmartBank has acquired a historic downtown Dothan building and will move its Dothan branch there
Avadian Credit Union completes Citizens State Bank acquisition
Avadian Credit Union has completed the acquisition of Citizens State Bank of Vernon, bringing Avadian’s total locations in Alabama to 19.
Colliers sells Mountainside Apartments in Birmingham
Colliers has sold Mountainside Apartments in Birmingham to Dominion Development of Knoxville, Tennessee.
Northeast Alabama receives $1 million for workforce center
The legislative appropriation will help build the NACC Workforce Development Center that is expected to cost $25 million.