Business Alabama Staff
New wealth management firm launches in Montgomery
Marble Wealth is led by co-founders Matthew Murphy, CFP; Rebecca Baker, CPA, CFP, CEPA; and Adam Rogers, CFA.
Daphne company lands in top 10 of Inc. list
Daphne’s Distributed Ledger, a company dealing with cryptocurrency and the blockchain, landed 7th on Inc.’s list of the 5,000 fastest-growing private companies in the country
Port of Mobile has busiest month ever for containerized cargo
The Port of Mobile has had its busiest month ever in July for containerized cargo, breaking 50,000 TEUs for the first time.
Autocar builds electric cabover refuse trucks
Autocar LLC has built its first units of the E-ACX, an electric cabover refuse truck, with an all-electric powertrain, resulting in zero emissions.
Advanced manufacturing is focus of new Northeast Alabama Workforce Center
Northeast Alabama Community College’s new $25 million workforce development center will focus on advanced manufacturing programs.
Velox LLC opens splicing division in Huntsville
Velox LLC has opened a new fiber splicing division in Huntsville and named Robert Queen splicing division manager and Charles McElroy Sr. safety director.
Aerojet Rocketdyne delivers THAAD’s 800th boost motor
Aerojet Rocketdyne has delivered the 800th solid rocket boost motor and the divert-and-attitude control system for the THAAD weapon system.
HarbisonWalker International to modernize plant in Fairfield
HarbisonWalker received a New Markets Tax Credit allocation of $8 million from UB Community Development to help with the modernization.
Ashland company plans $17 million expansion
Wellborn Cabinet Inc., a family-owned company based in Ashland, will invest $17 million in a new facility in Oxford
Capstone Building breaks ground on Gateway Village
Construction on the 256-unit Gateway Village development in Athens is to be complete in 2024.