Goodyear accepts buyouts from 740 workers at Alabama factory
Goodyear Tire & Rubber Co. is moving ahead with plans to scale back production at its Gadsden tire factory after accepting buyout applications from 740 employees at the 90-year-old plant located about 60 miles northeast of Birmingham. The Gadsden buyout plan is part of Goodyear’s strategy to strengthen competitiveness by curtailing production of tires for declining, less profitable segments of the tire market. – Crain’s Cleveland Business
Airbnb says party where fatal shooting occurred violated rules
A party where a fatal shooting took place over the weekend violated the policy of the company that handled the booking, according to the firm. Dominque Marshall died early Sunday morning from a fatal gunshot at the home in Elsanor, just east of Robertsdale in Baldwin County. Airbnb, which matches property owners with people looking for short-term rentals, told FOX10 News on Monday that the gathering violated the “no party” condition of the property’s owner. – Fox10TV
Montgomery area saw $1 billion in investment in 2019
The Montgomery Area Chamber of Commerce says that this year the River Region saw its second largest amount ever of industrial capital investments. According to the chamber, 31 new and expanding companies announced $1.013 billion in investments in 2019, creating 1,214 new jobs and securing 7,784 existing positions. – AL.com
Oliver Henry Candle Company a wicked Alabama Maker
Located in downtown Opelika, Oliver Henry Candle Company makes soy-blend wax candles with amazing fragrances that will surely leave a lasting impression. It started about three years ago as a way for interior designer Stacey Jordan to leave clients with a small token of appreciation. It did not take long for Jordan’s candles to grow in popularity, so she and her husband, Andy, decided to turn the company into more than a hobby. Since then, Oliver Henry, named for their two sons, has grown to more than 25 retail boutiques across the country. – AL NewsCenter
Investors pay $10.1 million for mega warehouse in Saraland
An out-of-town investor paid $10.1 million for a 296,000-square-foot warehouse at 207 Jacintoport Road in Saraland, according to Steven McMahon of Inge & Associates and Allen Garstecki of JLL. The building is occupied by Honeywell, an aircraft engine and parts manufacturer. – AL.com
Toyota expects 2020 global car sales to stay at record-high levels
Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world’s top car markets. The Japanese automaker said it planned to sell a record 10.77 million vehicles next year, including cars sold under the Toyota, Lexus and Daihatsu brands along with Hino trucks, a touch higher than its plans to sell 10.72 million units for the year ending December. – Reuters
