Business Alabama Staff
Hibbett to be acquired by JD Sports Fashion in $1.1 billion deal
In a $1.1 billion transaction, Birmingham retailer Hibbett will be acquired by UK retailer JD Sports Fashion.
Kaishan Compressor breaks ground for expansion
Kaishan Compressor USA, which makes industrial rotary screw air compressors in Loxley in Baldwin County, has broken ground for an $11 million expansion.
Filing details Amtrak’s plans in Mobile; Sloss Tech will partner with health care teach...
A filing with Mobile’s Board of Zoning Adjustment details Amtrak’s plans for service between Mobile and New Orleans, including proposed times and plans for a temporary train station
ArcelorMittal wins $280M in tax credits for electrical steel
ArcelorMittal has earned $280M in federal income tax credits for an additional plant in Calvert, near Mobile.
UAW wins Chattanooga VW vote, faces tougher battle in Alabama; State park unveils roads...
The United Auto Workers won 73% of the vote last week at Volkswagen’s plant in Chattanooga
Auburn’s McCrary Institute partners with Oak Ridge to fight cyber threats
Auburn University’s McCrary Institute for Cyber and Critical Infrastructure Security has been awarded a $10 million grant in partnership with Oak Ridge National Laboratory to create a pilot center to protect the electric power grid against cyberattacks.
Mercedes-Benz union vote coming in May; Brasfield & Gorrie celebrates topping off of new...
The National Labor Relations Board announced that voting will take place May 13-17 to determine whether workers at Mercedes-Benz U.S. International in Vance will join the United Auto Workers union.
Prosper Healthtech Accelerator selects five new startups
Five health-related tech startups will receive $60,000 each as part of the Prosper Healthtech Accelerator
Condoit secures $4.25 million in funding round; Republic Airways chooses Tuskegee airfield for pilot...
Condoit, a Birmingham-based platform aiming to digitize the electrical industry, has closed a $4.25 million seed round.
Canfor closing Jackson plant, expanding Fulton facility
Canfor is restructuring to consolidate operations in the company’s modern facilities.