Hyundai plant extends production halt into May
One of the River Region’s largest employers said Wednesday it will again push back a restart to operations in the wake of the COVID-19 pandemic. Hyundai Motor Manufacturing Alabama, which builds vehicles at a sprawling plant in Montgomery County, says production will remain idle for several more weeks. After several delays, HMMA had anticipated an April 13 restart, but that date has now been tentatively set for May 4. – WSFA
World’s oil leaders to meet today to debate production cut
Some of the world’s largest oil producers will hold an emergency meeting on Thursday to try to agree on historic output cuts, as the coronavirus pandemic continues to crush worldwide demand for crude. OPEC and non-OPEC partners, sometimes referred to as OPEC+, are scheduled to hold talks via video-link from 4 p.m. Vienna time to discuss the next phase of oil production policy. – CNBC
BCA takes to internet, airwaves tonight with special
The Business Council of Alabama will present a statewide TV special called “The Small Business Exchange” on Thursday night from 7-8 p.m. The special is designed to help small business owners recover from the economic hit they’ve taken due to the COVID-19 pandemic. The special will air on Alabama Public Television and on Facebook Live. – Alabama NewsNet
Capstone Building Corp. moving to new headquarters
Capstone Building Corp. will be moving into a new corporate headquarters by the end of this month. After 23 years in Homewood, the general contractor’s offices will be located at 1200 Corporate Drive, Suite 350 in the Meadowbrook Office Complex off U.S. 280 in Hoover. The official move-in date is April 30. – AL.com
Even before pandemic, farmers were bracing for a hard year
Alabama’s 33,000-member agriculture workforce continues to operate as essential, but the coronavirus has impacted how much some will get paid for their work. “Crops still have to get in the ground, cattle have to be doctored.” Brady Ragland, a commodity director for Alabama Farmers Federation, told Alabama Daily News. “Those activities have to go on.”Some agriculture enterprises — like farmers markets and cattle auctions — have shifted online where possible because of the coronavirus. – AL Daily News
