Business Alabama Staff
SoilKit seeking $50 million prize
SoilKit, a lab-based soil testing technology based in Foley, has registered for the $100 million XPRIZE Carbon Removal competition that has a grand prize of $50 million.
Alabama added $5 billion in capital investment in 2021; Alabama international trade director retires;...
According to preliminary numbers given at this week’s Economic Development Association of Alabama’s winter conference in Montgomery, the state added $5.3 billion in capital investment
Shipt names new CEO
Kamau Witherspoon, who has experience at companies such as UnitedHealthcare, Yum! Brands and Target, has been named CEO of Birmingham-based Shipt effective March 1.
Westwater obtains NPDES permit for Coosa graphite plant
Westwater Resources has been granted a National Pollutant Discharge Elimination System permit for its graphite processing plant in Coosa County.
Mercedes-leased warehouse sells for $51.7 million
Monmouth Real Estate Investment Corp. has purchased a 530,000-square-foot distribution center in Vance that is fully leased to Mercedes-Benz US International.
Coca-Cola United announces next president and CEO
Michael Suco (left) will begin his new role as president and CEO on Aug. 1, succeeding John Sherman (center) who are pictured with Claude Neilsen, chairman.
Look for lower unemployment taxes in 2022; Encompass expands Florida joint venture; Alabama Power...
Most Alabama employers will see a 29% unemployment tax cut in 2022 after the Alabama Legislature passed pandemic relief spending funds of $79.5 million
Historic Alabama: Alabama Metallurgical Corp.
Alabama Metallurgical Corp. equipment.
Alabama Port Authority’s new facility will expand rail service
The $2 million purchase of 272 acres in Montgomery will allow the Alabama Port Authority to construct an inland container intermodal transfer facility that...
Dura Automotive Systems opens factory in Muscle Shoals
The $75 million high-tech manufacturing facility will produce electric vehicle battery enclosures for Mercedes' EV battery assembly plant.