State reviewing Remington incentives in view of layoff plans
Alabama officials are reviewing the incentive agreement with firearms maker Remington, which was lured to Huntsville in 2014 with a rich package of state and local incentives. The State of Alabama had pledged more than $38 million to retrofit and equip the former Chrysler plant near Huntsville International Airport for Remington. The deal also included a 10-year commitment to help recruit and train workers, an incentive valued at $16 million. – WHNT
Amazon pumps brakes on Bessemer fulfillment center
The opening of Amazon’s $325 million fulfillment center in Bessemer is being delayed and may not launch until 2020, according to the tech giant and the city. An Amazon spokesman told AL.com on Monday that the company could not put an exact date on the facility’s opening but said that delaying such centers and delivery stations is “common.” – AL.com
Google springs for some wi-fi-equipped school buses
Google is not only building a $600 million data center in Alabama, the internet giant is helping some school kids in a small Talladega County town get their homework done. Google announced the launch of its Rolling Study Halls program in Munford, a community with around 1,200 residents. The initiative brings wi-fi to students with long commutes in 16 communities across the country. Google provides each school district with Wi-Fi through fully functional school buses, computers and onboard educators for the buses. – ANC
Analysis: Don’t bet on latest attempt to pass a lottery
The needle-in-an-asteroid-field chances of winning the lottery seem only a bit longer than the odds of the Alabama Legislature ever approving a lottery. But a Republican senator is willing to try. Sen. Jim McClendon, R-Springville, will introduce legislation this week that would give Alabama voters a chance to approve a lottery. A separate bill that would split revenues generated between the Education Trust Fund and the General Fund would follow if the Legislature approved the first piece of legislation. – Montgomery Advertiser
Alabama Maker finds a corny way to success
It’s not just about the kettle corn. It’s about making her community better. Taneisha Sims-Summers is the creator and founder of Naughty But Nice Kettle Corn Company. And although her company started just a few years ago (2014) making fresh batches of addictively sweet and salty kettle corn, Sims-Summers has had the entrepreneurial bug for many years. – ANC
Trussville Chamber holding job fair on Thursday
The Trussville Area Chamber of Commerce is holding its first job fair Thursday. The event will take place from 11 a.m. to 2 p.m. at the Trussville Civic Center, located at 5381 Trussville-Clay Rd. The event is free for job-seekers. Pre-registration is required, so call the chamber office at (205) 655-7535. – AL.com
Ford beefs up SUV plant in Kentucky with 550 new jobs
Ford is boosting production of its Expedition and Lincoln Navigator sport utility vehicles and will be adding 550 new jobs at its Kentucky Truck Plant where it assembles the vehicles, the company said Tuesday. The automaker will also transfer roughly 500 additional workers from its nearby Louisville Assembly Plant to help handle the 20 percent increase in production, expected to begin in July. – CNBC
Revere Capital funds refinance of Brookwood Shopping Center
Revere Capital has funded a $25 million loan secured by a first lien on a 411,441-square-foot retail shopping center sitting on over 22 acres of commercial land located in Birmingham. Proceeds were used to refinance the property. The property is formally known as Brookwood Shopping Center. – News release
