Kruger named president at Austal USA
Michelle Kruger has 25 years’ experience in shipbuilding and has been serving as Austal USA's interim president since last August.
Kaishan Compressor breaks ground for expansion
Kaishan Compressor USA, which makes industrial rotary screw air compressors in Loxley in Baldwin County, has broken ground for an $11 million expansion.
ArcelorMittal wins $280M in tax credits for electrical steel
ArcelorMittal has earned $280M in federal income tax credits for an additional plant in Calvert, near Mobile.
Martin Supply acquires Trinity Hardware Headquarters
The acquisition of Trinity Hardware Headquarters expands Martin Supply’s reach in Wisconsin and the surrounding states.
OMCO Solar opens $10 million production facility in Alabama
The solar racking manufacturer plans to create 70 full-time jobs in Limestone County.
Lockheed Martin awarded $4 billion MDA contract
Lockheed Martin will enhance command management and communications system for the Missile Defense Agency.
Two Rivers Lumber plans $115 million expansion
Demopolis-based Two Rivers Lumber is starting construction of a second sawmill in Coosa County, a $115 million investment in the state.
Precision Homecrafters acquires Birmingham-based furniture maker
Precision Homecrafters is acquiring Lovewood Studio. The acquisition will expand Precision’s in-house design/build offerings.
Austal USA begins work on $91M contract
Works starts on first of three U.S. Navy Landing Craft Utility at Austal USA's Mobile shipyard.
Austal rejects Hanwha takeover bid
Australian shipbuilder Austal, whose Austal USA is headquartered in Mobile, rejected a $662 million takeover offer from Hanwha Ocean of South Korea