Business Alabama Staff
Lockheed Martin awarded $4 billion MDA contract
Lockheed Martin will enhance command management and communications system for the Missile Defense Agency.
Two Rivers Lumber plans $115 million expansion
Demopolis-based Two Rivers Lumber is starting construction of a second sawmill in Coosa County, a $115 million investment in the state.
Innovate Alabama awards $4 million to small businesses
In its largest funding round yet, Innovate Alabama has awarded nearly $4 million to 22 small businesses in Alabama.
Daniel Corp. breaks ground on luxury complex in North Carolina; Birmingham to host women’s...
Birmingham-based Daniel Corp. has begun construction on a luxury apartment complex in Charlotte, North Carolina.
Protective Life acquires New York-based insurance company
Protective Life is acquiring ShelterPoint Group Inc., which provides statutory disability, paid family and medical leave and medical gap insurance.
Precision Homecrafters acquires Birmingham-based furniture maker
Precision Homecrafters is acquiring Lovewood Studio. The acquisition will expand Precision’s in-house design/build offerings.
Tuskegee University receives $20 million gift
Tuskegee University has received its second $20 million gift in less than four years.
Birmingham-Southern to lay off more than 200 without severance; Medical Properties Trust completes $350...
The former Golden Flake property in Birmingham-Southern College, which will close May 31, will lay off 213 employees.
Breeze celebrates profitability with fare discounts
Breeze's first flight to Mobile is slated for Wednesday.
Alabama tech conference books nationally known speakers
Sloss Tech brings tech entrepreneurs together in Birmingham