Top Headlines: Montgomery bank buying Flomaton bank, Regions upgrading in Selma

Austal announced Mobile expansion; shares jump
Austal’s announcement today that it has a deal to purchase 15 more acres in Mobile, giving it the opportunity to expand into steel shipbuilding and increase its repair capacity, sent its parent company shares up more than 2.5 percent. — Motley Fool 

Montgomery bank buying Flomaton bank
USAL Bancorp in Montgomery, parent company of AmeriFirst Bank, has announced its intention to purchase Escambia County Bank in Flomaton. AmeriFirst is ranked 56th in Business Alabama’s survey of the state’s banks, and Escambia County Bank ranks 96th. — American Banker 

Regions upgrading in Selma, County eyeing old site
As Regions Bank prepares to move into its nearly complete high-tech, customer-friendly building in Selma, the Dallas County Commission is considering buying the old location for expanded county services. — Alabama News Net 

Alabama plant’s mercury emissions cited by opponents of sister plant in Indiana
Residents of Cass County, Indiana, objecting to a new zinc plant planned for their community, cite mercury emission data from a sister plant in Alabama as one of their biggest concerns. The Alabama plant was listed as the nation’s second highest emitter of mercury in 2017. It has since reduced emissions, but still ranks high. — Indianapolis Star

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