BioCryst plans $22 million expansion
The Hoover City Council has approved $1.8 million in tax breaks for BioCryst Pharmaceuticals, which is planning a $22 million expansion project. The company plans to add about 20,000 square feet of lab space at its Discovery Center of Excellence. – Hoover Sun
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Federal judge says Austal gets $3.3 billion contract
A federal judge ruled that Mobile-based shipbuilder Austal USA will build $3.3 billion in new Offshore Patrol Cutters for the U.S. Coast Guard. Eastern Shipbuilding in Panama City had alleged the government didn’t follow proper guidelines in awarding the contract to Austal. – AL.com
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Gulf State Park pier undergoing renovations
Gulf State Park pier has closed for renovations, a project to fix what Hurricane Sally blew away in 2020. M.D. Thomas Construction, headquartered in Orange Beach, is leading the effort. The pier is expected to reopen in summer 2024. – Bama Buzz
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2 Alabama companies named to Deloitte tech list
Two Birmingham companies have been named to Deloitte’s 2023 Technology Fast 500 list for tech companies. Guideway Care ranked 83rd on the list, and Fleetio came in at 459th. Winners are selected based on fiscal-year revenue growth percentage over a three-year period. – Deloitte