Mobile, Amtrak finalize agreement language
The Mobile City Council is expected to approve next week an agreement between the city and Amtrak for passenger train service to return. The plan includes two trains a day from Mobile to New Orleans, with four stops in Mississippi, and two trains in the other direction. – Fox 10
Seattle-based company buying Alabama timberlands for $244 million
Weyerhaeuser Company, based in Seattle, Washington, is purchasing 84,300 acres of timberlands in Alabama for $244 million. Weyerhaeuser is the parent company of Southern Timberlands. The acreage was secured through multiple transactions. – PR Newswire
JD Sports Fashion acquisition of Hibbett is complete
Birmingham-based Hibbett Inc. is now officially part of JD Sports Fashion and will cease to be a stand-alone publicly traded company. Hibbett President Mike Longo will continue in that job, and the company will maintain its headquarters in Birmingham. – Business Wire
