Duotech expanding in Huntsville
Duotech Services, in Huntsville, is expanding with a new 25,000-square-foot Defense Sustainment Facility in Research Park. The company is investing $4 million in the facility, which is expected to create 50 jobs over the next five years. A ribbon-cutting for the facility is planned on Aug. 6. — News 19
Alabama investment advisory firm acquired
Wealth Enhancement, a wealth management firm based in Minneapolis, Minnesota, is acquiring Alabama-based Cloud Investments, an investment advisory firm. Cloud Investments has offices in Huntsville, Florence and Gadsden. — PR Newswire
Regions’ Nashville market president retiring at end of year
Lee Blank, Nashville market president for Regions Bank, will retire at the end of 2026. Chris Claybrook will succeed him effective January 2027. — Regions Bank
