Ever hear of Alabama Prison Transformation Partners?
One of the entities Gov. Kay Ivey and the Alabama Department of Corrections announced Monday as a possible finalist for a $900 million prison construction project is a group with no business registration in any neighboring state and no online presence beyond the little the governor’s office has said about them. Alabama Prison Transformation Partners was one of five that Gov. Kay Ivey’s office on Monday said had handed in a form the office is using as a prerequisite for finding bidders to put up three new men’s prisons in the state. – Montgomery Advertiser
Birmingham company gets $100 million Alabama Farm Center project
The $100 million Alabama Farm Center planned for Chilton County has a construction manager. BL Harbert International has been selected by the Alabama Farmers Agriculture Foundation to build the center. Alfa Centennial Park will be located off Interstate 65 at Exit 212 between Alabama 145 and County Road 43. The 500-acre project is expected to break ground this spring. – AL.com
ALDOT explains why Bayway has to be scrapped for higher version
The Alabama Department of Transportation argued Monday that a higher Bayway is necessary for a variety of design and legal reasons. Some state lawmakers have raised concerns about plans to expand and elevate the Bayway because of cost. Removing the existing Bayway and building the new one at the higher elevation adds about $350 million, or roughly 17 percent of the total $2.1 billion price. – Fox10TV
NXTsoft acquires Orlando Fintech company
Birmingham’s NXTsoft has acquired Orlando-based CCMC, Inc., a Fintech data integration and connectivity company. Terms of the deal were not disclosed. CCMC works with more than 40 processing vendors for financial institutions software needs, adding data security, analytics and management solutions. The acquisition adds more than 1,000 financial institutions to NXTsoft’s customer base. – AL.com
Mobile County greenlights $36 million bond issue for tire recycler
The Mobile County Commission voted Monday to clear the way for a bond issue of up to $36 million for the development of a tire recycling facility to be built in the Axis area north of Mobile. Brendan Kateon of RCT Alabama LLC, the company seeking to finance development of the project though the bond issue, told the commission that he expects the project to employ 55 to 60 people. When built, the plant will reduce tires to raw materials such as steel and crumb rubber. – AL.com
Toyota puts $200,000 into Alabama auto tech training
With a growing engine plant already operating and a big automobile plant under construction in the Huntsville area, Toyota Alabama made a $200,000 donation of new cars and engines to a local technical and trade school Monday to keep the flow of auto workers coming. – AL.com
