Hyundai plans to divest from accused auto supplier
Hyundai Motor Co. plans to divest its majority stake from an auto supplier accused of using child labor. Hyundai will divest its ownership interest in SMART Alabama, based in Luverne. – AL.com
Women in construction increasing in Alabama
A survey by Today’s Home Owner shows that Alabama is one of seven Southern states in which the number of women in construction is increasing. South Carolina tops the list with 1 of 20 construction and extraction workers being women. Alabama and six other states are at 1 in 25. – Bama Buzz
Birmingham will fund new startup workspace
Birmingham’s Economic Development & Tourism Committee agreed to fund Nextec, which will turn a downtown building into flexible workspace and collaboration areas. The space will be used for companies that come out of Innovation Depot, the business incubator. – Bham Now
Austal christens first EPF Flight II vessel
Mobile’s Austal USA has christened the USNS Cody, the first EPF Flight II vessel and the first Navy vessel to honor the city of Cody, Wyoming. The USNS Cody is one of two EPF Flight II ships under construction at Austal. – Austal USA