Port shuttered by longshoremen’s strike
Dockworkers at ports all along the Eastern seaboard and Gulf Coast — including Mobile – have gone on strike as of midnight, stopping the flow of trade. – NPR
Alabama ranks among top states for doing business
Area Development Magazine has ranked Alabama 8th on its annual list of Top State for Doing Business. States that ranked high managed taxes and incentives, had a strong workforce and kept public infrastructure in order, the magazine said. – Alabama Department of Commerce
TVA grant supports machining training at Wallace State
The Tennessee Valley Authority has awarded a grant to Wallace State-Hanceville to purchase equipment for its machining programs — to help fill the need for machinists and add training for new automated processes. – Cullman Tribune
Capital Growth Medvest breaks ground on Virginia hospitals
Birmingham-based Capital Growth Medvest has broken ground on a rehab hospital and a behavioral health hospital in Lynchburg, Virginia. The Birmingham firm provides real estate development and funding to the project in partnership with Centra Health and Lifepoint Health. – Capital Growth Medvest
Alabama wins STEP grant to assist small business
The state of Alabama has been awarded $405,000 in a federal STEP grant to help small businesses working to expand their global presence. The state Department of Commerce is administering the grant. – U.S. Small Business Administration