Ivey signs bill providing small business tax relief
Gov. Kay Ivey on Monday signed a bill that will help small businesses in the state. It will reduce annual ad valorem taxes. – Gov. Kay Ivey’s office
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Spanish renewable energy group buys stake in Alabama company
Grenergy Renovables, a Spanish renewable energy producer, has bought a 40% stake in Birmingham-based Sofos Harbert Renewable Energy with an option to take full control of the company in three years. The transaction marks Grenergy’s entry into the U.S. renewable energy market. – Renewables Now
Russian-sourced liquor removed from ABC store shelves
Gov. Kay Ivey Monday called for the removal of Russian-sourced liquor from Alabama Alcoholic Beverage Control stores statewide. She did it as a reaction to Russia’s invasion of Ukraine. – WAAY 31
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Costs increase, but Montgomery whitewater park still on schedule
The price tag for Montgomery’s new whitewater rafting park has jumped about $25 million, thanks to rising business costs, inflation and labor shortages. The completion date is still set for May 2023. – Construction Equipment Guide
