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Theodore Company Buys 3 Others, Two AL Accounting Firms Merging

Theodore company buys 3 others Industry Services Co., a provider of industrial maintenance services based in Theodore in Mobile County, has purchased three other companies....

Two Huntsville Office Buildings Sell for $18 Million, Alabama Shipyard Delivers Towboat to Louisiana

Two Huntsville office buildings sell for $18 million Two buildings in Huntsville’s Cummings Research Park, owned by Elmington Capital Group and Samples Properties, have sold...

Techstars Graduate Raises $1 Million in Seed Money, Accenture Opens Innovation Space at UAH

Techstars graduate raises $1 million in seed money Elektrik, an online storefront for high-voltage electrical supplies that went through Techstars Alabama EnergyTech Accelerator in Birmingham,...

Hyundai Halts Production without Semiconductors, Shelby endorses former head of BCA

Hyundai halts production without semiconductors Hyundai Motor Company in Alabama is facing a temporary partial shutdown this week because of a global shortage of semiconductors....

Facebook Expansion in Huntsville will top $1 billion, ASU offering virtual small business training

Facebook expansion in Huntsville will top $1 billion Facebook has confirmed its investment in its data center expansion in Huntsville will top $1 billion. The...

Birmingham Beverage pays $800k to settle discrimination claims, 9 universities- including UA, awarded NASA...

Birmingham Beverage pays $800k to settle discrimination claims Birmingham Beverage Co., also known as AlaBev, has agreed to pay more than $800,000 to settle discrimination...

Bangkok recycling company investing $51 million in Athens operation, Georgia’s Mohawk Industries expanding in...

Bangkok recycling company investing $51 million in Athens operation Indorama Ventures Sustainable Solutions, based in Bangkok, will spend $51.5 million to more than double the...

Trachte plans expansion at Vernon facility, PNC completes merger / announces new leadership

Trachte plans expansion at Vernon facility Trachte Building Systems, which manufactures steel self-storage systems, is expanding its facility in Vernon in Northwest Alabama. The Wisconsin-based...

Alabama’s Pursell to expand in Georgia, Regions most-reliant on overdraft charges

Alabama’s Pursell to expand in Georgia Sylacauga-based Pursell will build a new plant at SeaGate Terminals in Savannah, Georgia. The new facility will produce controlled-release...

Aldag top-paid Alabama CEO in 2020, UA-spawned company moving operations to Delaware

Aldag top-paid Alabama CEO in 2020 Edward K. Aldag Jr. earned $16.9 million as CEO of Medical Properties Trust in 2020, making him the top-paid...

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