Mercedes-Benz Shutting Down C-Class Production in Alabama
In a cost cutting move, Daimler AG will shut down production of Mercedes-Benz C-Class sedans at its plant in Tuscaloosa. The news came with a preliminary report of that the company will lose $1.69 billion during the second quarter this year. Part of the company’s Q2 loss was tied to expenses related to its Tuscaloosa plant and one in Aguascalientes, Mexico. The Tuscaloosa will produce just sport-utility vehicles — the GLE, GLE Coupe and GLS. — The Detroit Bureau
DSV Panalpina ends a freighter contract serving Luxembourg
DSV Panalpina ended a contract with Atlas Air for a freighter serving Luxembourg, but the air cargo airline, which operates Huntsville International Airport’s cargo hub, said of its Luxembourg service, “We will continue to operate Panalpina’s air charter network, which has proven to be a strong value proposition to our customers. We actually have plans to reinforce and expand the network.” — The Loadstar
Big changes impacting farm supply and marketing coops
Impacts on farm supply and marketing cooperatives from the past three years of agricultural trade upheaval, industry consolidation and four months of a global virus pandemic are as varied as America’s 1,700 or so such co-ops’ enterprises themselves. a 50/50 joint venture with Alabama Farmers Cooperative and Faithway Feeds, which will align their respective hardware, home, lawn, tires, batteries and accessories departments. — AgWeek
Alabama family farm still growing after 50 years
Athens Family farm Haney Farms is 50 year old but uses state of the art technology, including digital mapping techniques that factor in elevation and previous yields, and moisture probes to check root depth and the uptake of moisture. — Athens News Courier
Arrow Exterminators acquires enters east Ala. with acquisition
Atlanta-based Arrow Exterminators has announced the merger and acquisition of Cannon Pest Control Inc., a full-service company in Lee County, Alabama. The move is Arrow’s introduction to East Alabama. — Opelika-Auburn Now
Orchestra Partners adds another Parkside development
In downtown Birmingham, Orchestra Partners and an affiliate acquired a parking lot at the corner of First Avenue and 13th Street South for $2.087 million. The developer has also secured a $15 million construction loan for the property, which is part of Orchestra Partners’ new Urban Supply development on the west end of Railroad Park. — Birmingham Business Journal
Texas Uber-like drug delivery start-up eyes expansion to Birmingham
A Texas company that crowdsources delivery of prescriptions and health care supplies from independent pharmacies — much like GrubHub or UberEats crowdsource drivers to pick up meals for customers — has plans to expand to Birmingham. — NBC Fort Worth
