Huntsville breaks ground on $2.2 billion development; Hanna Steel acquired by Missouri company; Johnston new CEO of Thompson Gray; Capstone begins construction on SC apartments

Huntsville breaks ground on $2.2 billion development

Officials broke ground Monday on Westmoore Landing, a $2.2 billion development. The area will include 3,500 homes, retail, restaurants and more. — AL.com

Hanna Steel acquired by Missouri company

Hanna Steel Corp., with headquarters in Hoover and tubing operations in Tuscaloosa, has been acquired by Bull Moose Tube Co., based in Chesterfield, Missouri. Hanna Steel will operate as a division of Bull Moose Tube Co. — PR Newswire

Johnston new CEO of Thompson Gray

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Todd Johnston has been named CEO of Thompson Gray, a government contracting firm based in Huntsville. He succeeds Ron Gray, who becomes executive chairman of the company. — Thompson Gray

Capstone begins construction on SC apartment homes

Capstone Building Corp. has begun construction on a $51 million multifamily development in Spartanburg, South Carolina. Beaumont Mill, expected to be completed in 2028, will feature 275 apartment units. — Upstate Business Journal