Edit Module Edit Module
Bookmark and Share Email this page Email Print this page Print Pin It

Top News Links: Friday, Aug. 23

Weyerhaeuser to restart Evergreen mill

Forest products firm Weyerhaeuser has announced plans to reopen its Evergreen mill and hire 100 people by the end of next year; the mill has been closed four years because of low demand for building products. — Brewton Standard

ThyssenKrupp reportedly talking with hedge funds in capital search

Reuters reports today that ThyssenKrupp, in need of capital while it seeks to sell its Steel Americas plants in Alabama and Brazil, is talking to hedge funds about a possible issue of new shares. — Reuters

Faurecia workers say 'no' to UAW

A year after workers at Faurecia's Cottondale plant voted for United Auto Workers representation, their colleagues at Faurecia's interior plant in Tuscaloosa turned down union representation. — Birmingham News

Ethics charges lead to arrest of education official, husband

A former director of federal programs for the state education department and her husband have both been arrested on charges that she used her position to send work to her husband's company, Attorney General Luther Strange said yesterday; potential penalties include prison time and fines. — Attorney General's Office PR

Prison, restitution for Birmingham doctor in securities fraud case

Birmingham physician Scott Naley has been sentenced to prison time and ordered to repay nearly $1 million to those he defrauded in a stock scheme, the state Securities Commission reported yesterday. — Alabama Securities Commission PR

TVA approves 1.5 percent rate increase

Tennessee Valley Authority has approved an FY 2014 budget, which includes a 1.5 percent rate increase. — Athens News Courier

Technip, Shell begin work on world's deepest gas pipeline

Shell Offshore Inc. has selected Technip to design and build infrastructure for a new Gulf of Mexico gas pipeline about 9,500 feet deep in the Walker Ridge region of the Gulf; Technip's spool base in Mobile will be responsible for welding flow lines and risers. — Offshore Technology International

Major pension fund investment for Harbert energy fund

The nation's largest pension fund, Calpers, which represents California public employment retirees, has committed to invest in a new $600 million Harbert Management Corp. fund to invest in high-equity projects for utilities. — Bloomberg

Honors for Birmingham's Pepper Place

Pepper Place, a Birmingham development that includes a farmers market, theatre, design firms, restaurants and more, is one of four finalists for the Urban Land Institute Atlanta honors; winner will be announced Sept. 12. — Birmingham News

Construction begins at new Huntsville Belk

Preliminary construction work has started at the site of a new Belk department story at Huntsville's Bridge Street Town Centre. — Huntsville Times

Commercial realtors form new company in Mobile

Mobile commercial real estate companies Peebles & Cameron and Gleason & Roberds are merging to form NAI Mobile, a local office of international company NAI Global. — NAI Mobile PR

UWA offers new worker certification programs

In new programs at the University of West Alabama, students can earn certification in automotive and industrial maintenance trades. — Demopolis Times

Aerospace Alliance set for Oct. 17-18 in Huntsville

The Aerospace Alliance, a consortium of aerospace companies, airports and governments in Alabama, Mississippi, Louisiana and Florida — together the fourth largest aerospace corridor in the world — will meet for its annual Fall Summit Oct. 17 and 18 in Huntsville. — Aerospace Allance PR

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module