Business Alabama Staff
UAH Professor Wins $1 Million NSF Grant to Study Groundwater
Dr. Matthew Niemiller has been awarded a five-year, $1.029 million National Science Foundation grant to study groundwater biodiversity in the central and eastern United...
Seay Seay & Litchfield PC awarded $7.5m Army contract
Montgomery-based Seay Seay & Litchfield PC has been awarded a $7.5 million firm-fixed-price contract for architectural and engineering services by the U.S. Army. Overseeing...
Mobile-Based PINZ Wins Alabama Futures Fund Financing
The Alabama Futures Fund, which specializes in providing seed money to startup businesses, has tapped Mobile-based PINZ as its 14th investment.
PINZ, the brand name...
Southeastern Grocers Raises almost $500,000 for Children’s Hospitals
Children’s of Alabama is one of eight top children’s hospitals to benefit from more than $461,900 raised by Southeastern Grocers, parent company of Winn-Dixie.
The...
Mobile’s Timber Ridge Apartments Sold
The 320-unit Timber Ridge apartment complex in west Mobile has been acquired by a pair of investment firms.
Legacy Capital Partners, based in Cleveland, and...
Birmingham Fastener Acquires Steel City Bolt
Birmingham Fastener has acquired Steel City Bolt and Screw. Operations of Steel City will be consolidated into Birmingham Fastener’s production facility in Birmingham.
Both companies...
Elevation Financial Group Sells Huntsville Apartment Complex for $13 Million
Florida-based Elevation Financial Group has sold the Serenity Apartments at Huntsville for $13.25 million. The group purchased the property for $5.38 million in 2017...
FirstBanc Acquires SouthFirst
Talladega-based FirstBanc of Alabama Inc., parent company of First Bank of Alabama, has completed its acquisition of SouthFirst Bank, which was announced last October.
The...
Sabel Steel Celebrates 165 Years
Montgomery-based Sabel Steel is celebrating its 165th year in business by donating $165,000 to local causes.
Recipients span the six regions where Sabel operates —...
Birmingham Businessman Launches Starboard Investments
Birmingham-businessman Brandon Stewart has launched Starboard Investments, a Jimmy John’s franchise that owns and operates 12 locations in central Alabama.
A former investment banker, Stewart...