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Business Alabama Staff


Hanna Steel investing $20 million in Tuscaloosa expansion

Hanna Steel Corp. is investing $20 million to expand its steel production lines in Tuscaloosa, according to a press release from the Tuscaloosa County Economic Development Authority.

Tuskegee piloting business certification program; Norfolk Southern touts $3.2 billion in 2022 investments; Alabama’s...

The National Alliance for Black Business is launching a Black Business Enterprise Certification and Scorecard, first in a small pilot group and later nationally.

Hope Farm serves up The Barn, a new restaurant

The Hope Farm in Fairhope has opened a restaurant serving breakfast pastries and lunch. The Barn is also open for special events.

Byars|Wright names new president 

Gabe Clement, who has been with the firm since 2014, has been named president. Haig Wright II will remain CEO.

Dotdash Meredith laying off 7% of staff nationally

Dotdash Meredith, whose Birmingham office publishes Southern Living and allrecipes.com, among other things, is laying off 7% of its employees.

UA forecasts slightly shrinking Alabama economy; Helena company fined for worker death; 2 being...

Alabama’s economy will shrink slightly in 2023, according to the annual economic forecast from the Center for Business and Economic Research at the University of Alabama.

Alabama Policy Institute names new CEO

Stephanie Smith is the third person named CEO and first woman to lead the institute.

Huntsville development adding million-dollar homes; Mobile council signs long-term lease; JSU signs with Taymar

Hays Farm, a development near Redstone Arsenal, will include million-dollar homes and expanded commercial offerings.

Milo’s Tea plans $130 million plant in South Carolina

Bessemer-based Milo’s Tea Co. announced Tuesday plans for a $130 million manufacturing and distribution facility in Spartanburg County, South Carolina.

Luxury condos overlooking Lake Tuscaloosa under construction

A rendering of Hillhouse Condos overlooking Lake Tuscaloosa.

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