Saints owner invests in Huntsville MidCity
Benson Capital Partners, an investment fund founded by New Orleans Saints owner and New Orleans Pelicans governor Gayle Benson, has invested $5.7 million in MidCity District in Huntsville. MidCity District is a $2.2 billion mixed-use development. – ReBusiness Online
Alabama plant to settle lawsuit
Mueller Co., a gas and water distribution product manufacturer, and IH Services, which provides cleaning services to Mueller facilities, have agreed to pay $150,000 to settle claims of sexual harassment and retaliation at Mueller’s fire hydrant manufacturing plant in Albertville. – News 19
Southern Research awarded $3 million in tax credits
Innovate Alabama has awarded Birmingham-based Southern Research about $3 million in tax credits to launch an initiative to attract biotech firms to Alabama and support existing startup companies. The money will fund the Therapeutics Development Fund at Southern Research. – Birmingham Times
Gulf Shores resort construction is under way
The Embassy Suites Gulf Shores, a resort overlooking the Gulf of Mexico, has broken ground. Birmingham’s Robins & Morton is general contractor on the project. – Robins & Morton