Wedowee Marine expands in Randolph County
Wedowee Marine has spent more than $1 million to expand its two locations in Randolph County. The company has added 6,400 square feet of improvements, including a dock and boat ramp to support its new shop. – AL.com
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Sanders Capital acquires Bessemer hangar
Birmingham-based Sanders Capital Partners has purchased a hangar at Bessemer Municipal Airport. The real estate acquisition firm also owns nearly 50,000 square feet of corporate aircraft hangars at the airport. The newest acquisition is 11,392 square feet. – AL.com
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Caddell prison contract is for $623 million
A redacted version of a contract between the State of Alabama and Montgomery-based Caddell Construction shows the company will be paid $623 million to build a new prison in Elmore County. The facility will be a 4,000-bed men’s prison. – Alabama Political Reporter
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ULA union employees approve new contract
More than 600 members of the International Association of Machinists and Aerospace Workers working for United Launch Alliance have signed a new three-year contract. The contract covers ULA’s union members at its East and West Coast launch sites and its Decatur manufacturing facility. – PR Newswire
