Top Headlines: First Alabama Tecovas Opening in Birmingham, Bank OZK Leaving Alabama

Bootmaker Tecovas is opening at Birmingham’s Summit on Friday.

First Alabama Tecovas opening in Birmingham
Fine bootmaker and western goods seller Tecovas will open its first Alabama store at the Summit in Birmingham on Friday. It’s only the Texas company’s second location east of the Mississippi – the other being in Charleston, South Carolina. – Bham Now

Bank OZK will leave Alabama
Arkansas-based Bank OZK is selling its two Alabama banks – one in Mobile and the other in Geneva –along with its two branches in South Carolina. The Mobile branch will be sold to Merchants & Marine Bank and the Geneva branch to 22nd State Bank of Louisville, Alabama. – Arkansas Business

North Alabama group offers free global tax webinar
The North Alabama International Trade Association will hold a free webinar, “Global Tax Implications of a COVID-19 World,” on Dec. 3 from 9-10 a.m It will feature NAITA President Debbie McGee and Scott Schapiro, a U.S. employment tax expert. – NAITA

Hancock Whitney gives $20k to USA for scholarships
Hancock Whitney has given $20,000 for the University of South Alabama Leadership in Social Justice and Perseverance Scholarship. The scholarship is a partnership between USA and 100 Black Men of Greater Mobile. – Fox-10

Birmingham developer buys Louisiana apartments
Birmingham’s The Banyan Foundation has purchased a 6.4-acre apartment site in Scotlandville, near Baton Rouge, Louisiana, for $1.5 million. The existing apartments will be razed and replaced by Capstone at Scotlandville, an 84-unit, $16.1 million development. – Baton Rouge Advocate

- Sponsor -

The latest Alabama business news delivered to your inbox