Alabama businesses face 77% unemployment tax increase
Because of the number of unemployment claims during the COVID-19 pandemic, Alabama businesses will see a 77% increase in unemployment taxes. Unemployment claims in the state in 2020 were $813 million, compared to $144 million in 2019. – ABC 33/40
BBA: Birmingham saw $500 million in capital investment in 2020
The seven-county Birmingham region saw $518 million in capital investment, including 35 projects and 1,240 jobs, in 2020, according to the Birmingham Business Alliance. That’s up from $492 million in investment in 2019. – AL.com
Spencer Companies sells business, gasoline stores
The Spencer Companies, a Huntsville-based company founded in 1923, has sold its operating assets – including 31 MinitMan convenience stores in seven counties in northern Alabama – to the Dutch Oil Company and Sprint Mart chain. The company also distributed gasoline and diesel products. – Bolly Inside
BCA has new logo, website
The Business Council of Alabama has launched a new logo – featuring an outline of the state of Alabama – and a new website. The new website is more streamlined than its predecessor and has some upgrades so members can more easily take advantage of it. – Alabama Political Reporter
Mercedes-Benz Marathon won’t happen this year
The Mercedes-Benz Marathon, which draws thousands as participants and spectators, has been canceled because of the pandemic but will return next year for its 20th anniversary, organizers say. The race will take place Feb. 11-13, 2022, in Birmingham. – Mercedes-Benz Marathon
