Business Alabama Staff
Hyundai Power Transformers invests $200 million in Montgomery
The company’s expansion will create 200 new jobs and allow it to increase production of large transformer units.
ULA selected for Artemis construction; Toyota says Alabama plant not moving; Savage’s Bakery in...
United Launch Alliance, which operates a facility in Decatur, has been chosen to build the upper stage rocket for Artemis IV and V.
Auto supplier plans $430 million plant at former Gadsden steel mill site
Minth Group Limited, a global automotive supplier based in Taiwan, plans to invest $430 million into turning a former steelmaking site in Gadsden into its largest plant.
Alabama beaches say more than $2B spent in lodging, retail in 2025; UM business...
Gulf Shores and Orange Beach Tourism says about $2 billion was spent on lodging rentals and retail sales at Gulf Shores, Orange Beach and Fort Morgan.
U.S. Coast Guard buying Birmingham-Southern College campus
Two years after Birmingham-Southern College shut its doors, the U.S. Coast Guard is purchasing the 192-acre campus on Birmingham’s west side.
When the sale closes,...
Florida logistics company laying off Alabama employees; Birmingham puts temporary freeze on data centers;...
Florida-based Saddle Creek Logistics Services is laying off more than 150 workers from its Bessemer plant.
Royal Cup to purchase Farmer Brothers Coffee
The all-cash transaction between Birmingham-headquartered Royal Cup and Texas-based Farmer Brothers is expected to close by late June.
Shinhwa plans $37 million expansion in Auburn
Shinhwa is planning a $37 million expansion of its plant in Auburn.
Mobile Arena project reaches halfway mark; Sanders Capital Partners acquires Mississippi fertility clinic; Alabama...
City leaders gathered Tuesday to mark placement of the final steel beam and the halfway mark of the Mobile Arena project.
AmFirst expands with new building in Birmingham
The 48,000-square-foot building is close to AmFirst’s headquarters in Birmingham.