Boeing will lay off Huntsville employees
Boeing will lay off 158 employees in Huntsville in 2025, part of a plan to cut its U.S. workforce by 10%. The layoffs will begin on Jan. 17, according to a notice filed with the Alabama Department of Commerce. – AL.com
FabArc transitions to employee-owned
Oxford-based FabArc Steel Supply, which calls itself Alabama’s largest steel subcontractor, has transitioned to 100% employee ownership via an employee stock ownership plan. In addition, Tom Adams has been named chairman of the company. – Metal Construction News
Last tenant at Birmingham’s Brookwood Village closes
Five Guys, the only remaining tenant at Birmingham’s once-popular Brookwood Village mall, has closed. A proposal has been made to turn the mall into a facility for Andrews Sports Medicine and Orthopaedic Center. – Bham Now