Top Headlines: New coal mine receives $26M tax break, Denham Building announces tenants

New coal mine in Alabama receives $26M in tax abatements
A new coal mine is planned in west Alabama after a county approved more than $26 million in tax breaks for the project, officials said. The Tuscaloosa County Industrial Development Authority provided the abatements Wednesday for Warrior Met Coal Inc., which is planning a $500 million project that will create about 350 jobs in the area. – AP

Denham Building announces commercial tenants
Commercial tenants have been announced for the Denham Building in Birmingham’s Parkside District. Atlanta-based Third & Urban and Colliers International say the mixed-use redevelopment will be the home, beginning next month, of TechStars Alabama EnergyTech Accelerator and Rintro. The 132,000-square-foot complex on First Avenue South will also see the opening of Monday Night Brewing in April. –

Weather prep sales tax holiday this weekend, go buy a generator
There will be a sales tax break this Friday through Sunday on items that may be needed in the event of severe weather. The 2020 Severe Weather Preparedness Sales Tax Holiday began today at 12:01 a.m. and ends Sunday at midnight. All exempt items listed above must cost $60 or less per item. Also exempt are portable generators and power cords in a single purchase of $1,000 or less. – Daily Mountain Eagle

Southern Sky Aviation adds new jet to fleet
Birmingham’s Southern Sky Aviation has added a new jet to its fleet and is opening its third charter operation. An Astra SPX has been cleared by the Federal Aviation Administration (FAA) to be added to Southern Sky Aviation’s Part 135 charter certificate. A midsize business jet, the Astra seats seven passengers and offers a 2,500 nautical mile range. It will be based in Scottsdale, Ariz., where the company will also be opening its third charter operation. –

2 new-to-Alabama concepts coming to Huntsville’s MidCity District
Bubble tea and contemporary decorate-it-yourself ceramics will be introduced in Alabama in first-of-their concepts in the state at the $850 million MidCity District under construction in Huntsville. MidCity developers RCP Companies announced Wednesday that Kung Fu Tea and Color Me Mine will open their first locations in Alabama while Kamado Ramen will open its second Huntsville location at the district. –

- Sponsor -

The latest Alabama business news delivered to your inbox