Novelis Inc., a sustainable aluminum solutions provider, has signed an anchor customer contract with aluminum can manufacturer Ball Corporation, effectively securing all of its beverage can capacity at its upcoming Bay Minette, Alabama, plant. The new facility, set to begin commissioning in 2025, is noteworthy for being the first fully integrated aluminum manufacturing plant to […]
Sentar, a women-led niche enterprise celebrated for its cutting-edge cyber intelligence technologies, has secured a coveted Phase I Small Business Innovation Research (SBIR) grant from the U.S. Department of Energy (US DOE). This prestigious collaboration marks Sentar’s foray into an innovative project aimed at enhancing cybersecurity within the nuclear power industry. The primary focus under […]
In a move set to delight chicken salad enthusiasts, Chicken Salad Chick, the renowned American fast-casual chicken salad restaurant, has unveiled its newest Alabama outpost in Fairhope. Located strategically at 19690 Greeno Road, Chicken Salad Chick Fairhope is equipped with a modern drive-thru and a breezy patio. Local entrepreneurs Misty and Peter Whitehead, with a […]
Amazon’s Project Kuiper is progressing with its ambitious satellite network plan, as it prepares to establish a new satellite-processing facility at the Kennedy Space Center in Cape Canaveral. The facility, aimed at stimulating job creation and economic growth, signifies a substantial investment in the low Earth orbit satellite network which aspires to offer fast, affordable […]
Majors Management, an American convenience stores chain, has agreed to acquire MAPCO Express, an operator of gas stations and retail convenience stores, for an undisclosed price. The transaction is contingent on a separate deal under which 112 MAPCO fuel and convenience retail sites are being sold to Alimentation Couche-Tard. According to Majors Management, its deal […]
Nucor Corporation, a US-based manufacturer of steel and steel products, said that its towers and structures business division will construct a new electric transmission tower production plant in Decatur, Alabama. The new transmission tower production facility will be built next to the Nucor Steel Decatur sheet steel mill. It is the initial of two tower-producing […]
Aluminum solutions provider Novelis has commenced construction on its $2.5bn aluminum recycling and rolling plant in Bay Minette, Alabama. With a focus on catering to the beverage container market, the aluminum recycling and rolling factory will have 600 kilotonnes of finished aluminum goods capacity per year initially, said the Hindalco Industries subsidiary. Novelis announced plans […]
Ingevity Corporation, an American chemical manufacturing company, has agreed to acquire Ozark Materials, LLC and Ozark Logistics, LLC (together Ozark Materials) in an all-cash deal worth $325 million. Ozark Materials, which is headquartered in Greenville, Alabama, produces pavement marking materials. Its products include thermoplastic pavement markings, preformed thermoplastics, and waterborne traffic paints. The pavement marking […]
Austal Limited, an Australian shipbuilder, said that its subsidiary Austal USA has bagged a contract that is potentially worth $3.3 billion from the United States Coast Guard (USCG). The contract is for providing the detail design and construction of up to 11 offshore patrol cutters (OPCs). Austal Limited said that the US Coast Guard has […]
First Bank of Alabama has agreed to acquire the Heflin and Ranburne branches of Southern States Bank in Alabama for an undisclosed price. Through the deal, First Bank of Alabama will gain the physical locations and most of the loan and deposit accounts related to the two Southern States Bank branches. Southern States Bank is […]