Business Alabama Staff
Austal delivers autonomous-capable EPF Apalachicola
Mobile-built ship is largest in Navy fleet that can operate autonomously.
Report cites nearly $100 million yearly impact of Birmingham-Southern College
While still in a financial battle to save its existence, an economist says that Birmingham-Southern College has a direct economic impact of $97.2 million yearly on Alabama’s economy.
Infirmary Health completes sale of Thomas Medical Center building to Daphne
According to media reports, the facility was purchased for $4 million by the city of Daphne.
Drax increases access to the biomass market
The company is partnering with the Federation of Southern Cooperatives to reach African American farmers.
Dobbins Group developing 322-unit community in Florida
Ranch Hill Apartments is being built by Birmingham-based Capstone Building Corp. in Florida.
APM Terminals plans $60 million investment in rail expansion at port
The project includes added track and rail yard storage, plus improved access, and should be complete in about two years.
Alabama’s community colleges add $6.6 billion to state economy
An economic report finds nearly 100,000 jobs and $1.1 billion in tax revenue.
Alabama movers acquired
Waypoint Investments, the acquisition arm and management entity for Birmingham-based New Latitude Movers and Montgomery-based Admiral Movers, has now acquired Motivated Movers.
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.