Business and Finance

Mobile-Based PINZ Wins Alabama Futures Fund Financing

The Alabama Futures Fund, which specializes in providing seed money to startup businesses, has tapped Mobile-based PINZ as its 14th investment. PINZ, the brand name...

SOAR Fund Offering Low-Interest Loans for Small Businesses

If you’re a nonprofit or small business in need of a loan, the Southern Opportunity and Resilience Fund (SOAR) is now taking applications for...

Birmingham Fastener Acquires Steel City Bolt

Birmingham Fastener has acquired Steel City Bolt and Screw. Operations of Steel City will be consolidated into Birmingham Fastener’s production facility in Birmingham. Both companies...

Elevation Financial Group Sells Huntsville Apartment Complex for $13 Million

Florida-based Elevation Financial Group has sold the Serenity Apartments at Huntsville for $13.25 million. The group purchased the property for $5.38 million in 2017...

Attorney General Warns of Unemployment Benefits Scam

Alabama Attorney General Steve Marshall’s office says the past year has brought a “variety of complaints” from people who think their personal identifying information...

Warren Equity Partners Acquires Magnolia River International

Florida-headquartered Warren Equity Partners has acquired a majority interest in Magnolia River International Inc., a provider of inspection, engineering and design and geographic information...

Union Files Official Objections to Amazon Unionization vote

The Retail, Wholesale and Department Store Union has filed objections to the National Labor Relations Board in the wake of a vote by Bessemer...

Sabel Steel Celebrates 165 Years

Montgomery-based Sabel Steel is celebrating its 165th year in business by donating $165,000 to local causes. Recipients span the six regions where Sabel operates —...

Birmingham Businessman Launches Starboard Investments

Birmingham-businessman Brandon Stewart has launched Starboard Investments, a Jimmy John’s franchise that owns and operates 12 locations in central Alabama. A former investment banker, Stewart...

Amazon Vote Praised by Commerce Secretary

Though the Retail, Wholesale and Department Store Union says it will challenge the results of the union election at Amazon’s Bessemer fulfillment facility, Alabama’s...

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