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StoneRiver Co. closes $80 million fund

Birmingham-based StoneRiver Co. has closed StoneRiver Investment Fund II LLC with more than $80 million of equity commitments, including co-investment capital from its initial...
Graphic indicating economic recovery

State economy post-pandemic exceeding expectations, UA center says

Economic recovery from the pandemic is exceeding expectations in Alabama, and it should continue to do so, barring another shutdown, according to the UA...

Madison Metal Processing is formed to supply Mazda Toyota Manufacturing

SteelSummit Holdings, Toyota Tsusho America Inc. and Southern Mobility Products have formed a new joint venture, Madison Metal Processing, to supply steel blanks to...

One of Cullman’s founding financial institutions is going public

Barely a decade after the city of Cullman was founded in 1873, a group of 30 original settlers organized a bank called Cullman Building...

Vacasa acquires Meyer; Russian food chain may be coming to Alabama; Limestone chamber has...

Vacasa acquires Meyer Vacation Rentals Vacasa has purchased Meyer Vacation Rentals, once the largest property management company along the Alabama Gulf Coast. At its height...

Fairhope lawyer develops Cognito software to help keep attorneys organized

Clay Rankin would be the first to admit he’s not your typical “startup guy.” Born and raised in Montgomery and armed with a University of...
People a ribbon-cutting ceremony for office.

Doster officially opens Huntsville office

Birmingham’s Doster Construction Company has opened a new Huntsville office. “We wanted to create a local presence for our clients and expand our reach in...

Davidson Homes Adds Leaders

  Davidson Homes, a home builder based in Huntsville, has promoted Greg Duriez to chief operating officer and appointed Jeff Deane as chief financial officer. “These...

New steel plant planned for Madison; Medical Properties Trust makes huge Florida buy; Two...

 Three companies plan $40 million steel plant in Madison Steel Summit Holdings, Toyota Tsusho America and Southern Mobility Products are joining together to build a...
Portrait of Megan Nivens-Tannett

Podcast: Megan Nivens-Tannett on founding Flourish and teaching herself to build a business

A recent Auburn University graduate, Zac Young discusses his company, how it got started and the competitions he’s already won.

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