Tag: Alabama
Austal bags $3.3bn worth contract from US Coast Guard for 11 OPCs
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 ... Read More
First Bank of Alabama to acquire Heflin and Ranburne branches of Southern States Bank
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 ... Read More
Novelis to build $2.5bn aluminum recycling and rolling plant in Bay Minette
Novelis, a fully-owned subsidiary of India-based Hindalco Industries, will construct a $2.5 billion aluminum recycling and rolling plant in Bay Minette, Alabama. Expected to be ... Read More
J.M. Smucker Co. to invest $1.1bn in sandwich manufacturing plant in McCalla
The J.M. Smucker Co. (Smucker's) revealed plans to invest $1.1 billion to construct a new manufacturing plant and distribution center in McCalla, Alabama. The facility ... Read More
DeSHAZO acquires industrial machinery manufacturer Proto Machine Works
DeSHAZO has acquired Proto Machine Works, a manufacturer of industrial machinery, based in Huntsville, Alabama. The financial terms of the deal announced in mid-September were ... Read More
Stella-Jones to acquire Alabama-based Cahaba Timber for $36.5m
Canadian logging company Stella-Jones has agreed to acquire Cahaba Timber through its US subsidiary for $36.5 million. Based in Brierfield, Alabama, Cahaba Timber is engaged ... Read More
Mitsubishi Power to deliver JAC Gas Turbine Power Island for Plant Barry
Southern Company’s Alabama Power has chosen a Mitsubishi Power JAC power island for a new 720MW combined cycle unit at its James M. Barry Electric ... Read More
Elevation Financial Group sells Serenity Townhomes property in Montgomery
Elevation Financial Group, a Florida-based real estate private equity company, said that it has sold Serenity Townhomes, an Elevation Real Property Fund V asset located ... Read More
Muscle Shoals solar project : Ørsted acquires 294MW solar plant from Longroad Energy
Danish energy company Ørsted has grown its solar footprint by acquiring the Muscle Shoals solar project, a 294MW under construction solar power plant in Colbert ... Read More
ProAssurance to buy medical professional liability insurer NORCAL for $450m
ProAssurance acquisition of NORCAL Group : Alabama-based property and casualty company ProAssurance has signed a $450 million to acquire NORCAL Group, a provider of medical ... Read More