Top Headlines: APM Terminals Mobile growth, New diabetes drug shows promise

Trump hosts laid off TVA workers at press event
A delegation of TVA workers laid off after their jobs were outsourced overseas visited the White House after President Trump fired the current and former chairman of the TVA board and signed an executive order to limit outsourcing by federal agencies like TVA. — Chattanooga Times Free Press

KBR $165M contract for Hellfire missiles at Redstone
Engineering defense contractor KBR has been awarded a $165 million task order for upgrading Army Hellfire missiles, work being performed at Redstone Arsenal. — Executive Biz

‘Land is plentiful’ for APM Terminals Mobile seaport growth
APM Terminals Mobile, the Port of Mobile’s container terminal operator, says its ambition is to grow from the 419,000 twenty-foot equivalent units (TEUs) it handled in 2018 to 1.5 million TEUs. California-based BendPak, recently opened a 100,000-square-foot distribution center 11 miles from APM Terminals Mobile and is able to deliver same-day or next-day products to more customers in the eastern half of the United States. — Freight Waves

Novel diabetes drug candidate shows promising properties
The University of Alabama at Birmingham and Southern Research are reporting successful tests of a drug candidate for an oral treatment of Type 1 and Type 2 diabetes. The experimental drug showed significant improvement in four detrimental characteristics of diabetes. — UAB News

Avion Solutions Announces Transition to 100% ESOP
Avion Solutions has announced that it has transitioned from a partial to a fully employee owned company, following an ESOP sales on July 31. Headquartered in Huntsville, Avion is an engineering and logistics contractor military-grade projects. — PR News

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Command Alkon Chosen for SupplyChainBrain Great Partner Award
Birmingham-based Command Alkon, a developer of logistics software for trucking, was placed on the annual list of 100 Great Supply Chain Partners by SupplyChainBrain. It is the third time in a row the company has won the award. — DC Velocity

Foley Main Street unveils new branding
Foley, in Baldwin County, has launched a branding campaign under the Main Street Alabama process. The city is marketing itself as a tree-lined home town and a gateway to Alabama’s beaches. — Gulf Coast Today

Software developer considered Alabama, chose Florida
Software developer Synergy Technologies LLC says it considered an Alabama location for its recent expansion that adds 300 jobs but chose instead to grow its existing Jacksonville, Florida location. — Jacksonville Daily Record

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