Boeing’s 737 Max problems could make Airbus top airplane maker
Boeing on Tuesday again reported no new orders for its 737 Max, as the worldwide grounding of its best-selling plane is about to enter its fifth month. Boeing delivered 239 commercial airplanes in the first half of the year, down 37% from the first six months of 2018. The issues could give European manufacturer Airbus, which reported 389 commercial plane deliveries in the first six months of the year, the crown as the world’s biggest airplane maker. – CNBC
SunTrust provides $3.2 million in financing for Auburn research center
A subsidiary of SunTrust Banks is providing $3.2 million in financing for a new research center at Auburn University. SunTrust Community Capital announced its assistance recently to the Research and Innovation Center in the Auburn Research Park at Auburn University. The 105,000-square-foot office building, part of a university-affiliated master-planned research and development campus, will create 125 temporary construction jobs and 101 permanent full-time jobs. – AL.com
Mark Ervin named president at Big
Birmingham-based Big announced changes to its leadership today, promoting Mark Ervin, chief strategy officer and partner, to president. Founder and current president, John Montgomery, will transition to chairman and CEO to focus on business development for the company. ”Our goal is to be a national agency that just happens to be in Birmingham,” Montgomery said. – News release
Griffin Electric doing seventh upgrade at Valley Creek water facility
Wayne J. Griffin Electric Inc., a leading electrical subcontractor throughout the South and New England, is providing energy improvement upgrades for the Valley Creek Water Reclamation Facility in Bessemer. Spanning over 229,000 square feet and expected to reach completion this winter, the facility has remained in operation throughout construction. Griffin Electric’s work at Valley Creek marks the company’s seventh project at the plant over the past 20 years. – News release
3M not finished with investigation into river chemicals
3M announced on Monday that the company was expanding chemical investigation into decades-old landfills in Morgan County. The Alabama Department of Environmental Management is the agency charged with regulating activities by companies like 3M. However, based on public records, the relationship between the company and regulators and what is and isn’t regulated can be confusing. – WHNT
First US Bank expands into Chattanooga market
Birmingham’s First US Bancshares is opening of a loan production office in the Chattanooga, Tenn. area through First US Bank. The new location will open at 6011 Chesterton Way, Suite 109 in Ooltewah, Tenn., in the Cambridge Square mixed-use development. Ooletewah is a suburb on Chattanooga’s eastside. – AL.com
