Top News Links: Monday, July 15

Hyundai on track for growth

Despite production constraints, Hyundai Motor Co. still expects its U.S. sales to grow by 4.4 percent this year. Last spring, Hyundai added a third shift at its assembly plant in Montgomery. — Reuters

HealthSouth relying on baby boomer generation

Birmingham-based HealthSouth is banking on the cash flow from an aging pool of baby boomers to enable the company to avoid borrowing despite growth. — Delaware Online

Royal Cup incentives runneth over 

Coffee and tea maker Royal Cup Inc. is creating 40 jobs with its $30 million expansion in Birmingham. In return, the company will receive a total of $1.57 million in standard, statutory tax abatements. — Birmingham Business Journal

BioCryst prepares to submit influenza drug to FDA

BioCryst Pharmaceuticals, Inc., with research facilities in Birmingham, announced that the Biomedical Advanced Research and Development Authority released funding for an existing contract to develop peramivir, an influenza treatment drug. BioCryst expects the application to be ready for submission by the end of the calendar year. — Vaccine News Daily

Alabama showcases high-tech capabilities

A delegation of 19 economic development leaders and business representatives from Alabama will represent the state at this week's trade conference in Canada to demonstrate the state's high-tech economy. — Made in Alabama

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Developers organize new project in Birmingham

Developers are looking for feedback from the public as they plan a new loft, restaurant and office project near downtown Birmingham's Regions Field. —

Old Montgomery mall may house two schools

An old shopping mall in Montgomery may soon become the campus of two schools, the Montgomery Technical Education Center and the Loveless Academic Magnet Program High School. — Alabama's 13

Compiled by staff

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