Grant will improve rail infrastructure in Black Belt, on coast; Alabama, 6 other states settle with financial institutions; Construction Partners completes Florida acquisition

Grant will improve rail infrastructure in Black Belt, on coast

A $27 million federal grant will improve rail infrastructure in the Black Belt and Gulf Coast regions. U.S. Rep. Terri Sewell said the money, from the Bipartisan Infrastructure Law, will be “especially beneficial for Monroeville, Pine Hill, Linden, Demopolis, Boligee and Pickensville.” — Alabama Political Reporter

Alabama, 6 other states settle with financial institutions

Alabama is one of seven states that are a part of a $4.4 million settlement with Wells Fargo Clearing Services, Wells Fargo Advisors Financial Network and Merrill Lynch. State securities regulators found the firms charged unreasonable commissions from September 2020 to October 2025. — AL.com

Construction Partners completes Florida acquisition

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Construction Partners Inc. has completed its acquisition of S.E. Cline Construction Inc., headquartered in Palm Coast, Florida. Construction Partners specializes in the construction and maintenance of roadways. — PR Newswire