Nippon launches new logistics center in Huntsville
Nippon Express U.S.A. has launched its second Huntsville Logistics Center. The new warehouse primarily sorts automobile parts delivered from Japan and Mexico and provides them to more than 30 suppliers. – Cision
Kratos will add jobs at Birmingham facility
San Diego-based Kratos Defense & Security Solutions Inc. announced plans to add 76 jobs and make $8.6 million in capital investments to its new Birmingham facility over the next five years. The announcement came at the Farnborough Airshow in the U.K., where Alabama’s Department of Commerce has a team promoting Alabama business opportunities. – Made in Alabama
Toys “R” Us returning, including to Alabama
Toys “R” Us will be opening in every Macy’s store in the U.S. by mid-October, which would include the Macy’s at the Riverchase Galleria in Birmingham. The iconic toy store closed the last of its two physical stores in the U.S. in January 2021. – NBC News
Mobile’s Park West sells for $30.75 million
Park West, a 45-year-old apartment complex off Hillcrest Road in Mobile, recently sold to Tampa-based Morrison Avenue Capital Partners for $30.75 million. The new owners plan to upgrade the 278 units. – AL.com