Business Alabama Staff
Itochu Opts Out of Drummond South American Partnership
Working to meet Japan’s green energy goals, Itochu Corp. is selling its 20% stake in Drummond Co.’s Columbia coal operations, the Japan Times reports.
Itochu...
Ten Chosen for Montgomery TechLab Accelerator
Ten companies from around the country will participate in a 12-week virtual program as the inaugural companies in the Montgomery TechLab accelerator program.
The companies...
DC BLOX Expands in Birmingham
Data center provider DC BLOX has announced plans for a major expansion of its Birmingham facilities, adding 1 MW of power capacity and completing...
Construction Underway on new Faulkner University College Building
Work continues to turn a former Burlington Coat Factory building into the Faulkner University College of Health Sciences in Montgomery.
Faulkner purchased the 13-acre Montgomery...
Goodwyn Mills Cawood Creates Disaster Recovery Group
Alabama-based architecture and engineering firm Goodwyn Mills Cawood has created a new disaster recovery department to help restore communities in the wake of hurricanes,...
USA President Tony Waldrop to Retire
University of South Alabama President Tony Waldrop is retiring after seven years at the helm of the Mobile institution.
Waldrop plans to stay at least...
Alabama Ranks in Top for Foreclosure Rates; Birmingham Second on List of Cities
Mortgage foreclosure rates are dropping all across the country, but Alabama ranks fifth for the highest rate and Birmingham ranked second on the list...
Rodney Rushing
Rodney Rushing has assumed the role of executive vice president and chief operating officer for ServisFirst Bank in Birmingham.
He transitions to this role from...
Deuce Drone, Barkd Receive First Innovation Portal Investments
Mobile’s Innovation Portal awarded the first two investments from its Portal Fund to Deuce Drone and Barkd.
Deuce Drone, which uses drones to help retailers...
Staff Changes at State Port Authority
Beth Ann Frisher has joined the leadership team of the Alabama State Port Authority, taking on the role of chief commercial officer.
Like the new...