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Top News Links: Friday, Aug. 26

BAE Systems Shipyard may lay off half of its workforce

Officials with BAE Systems Shipyard in Mobile announced Thursday they could be laying off as many as 200 employees within the upcoming months. The shipbuilding repair company currently has more than 400 employees on staff. They recently notified more than half of their staff of major layoffs this October and November as a result of reduced shipbuilding and repair work at the shipyard. – WPMI

Plastipak Packaging to expand in Birmingham

Plastipak Packaging Inc. will add two manufacturing lines to its Birmingham area facility, a $10.4 million expansion that will create at least five new jobs. The new lines will be added to its location at the Jefferson County Metropolitan Park in McCalla, where it manufactures bottles for the beverage industry. – News release

Canadian forestry company moving U.S. HQ to Mobile

More jobs are headed to the Port City. Forestry company Canfor has announced it’s moving the company’s U.S. headquarters to Mobile from Myrtle Beach, South Carolina. Company officials say 20 new jobs will come with this move. Mayor Sandy Stimpson's brother, Fred Stimpson, is the president of Canfor Southern Pine, a subsidiary of Canfor. – WPMI

Birmingham homes sales up 7 percent over last year

Birmingham metro area residential sales totaled 1,365 units on July, 30 units or 2.2 percent below the same time last year, according to the Greater Alabama Multiple Listing Service. Year-to-date home sales through July rose 7 percent over the same period during 2015. – Alabama News Center

Caddell-Nan Joint Venture wins $80M DOD contract

The Department of Defense on Thursday awarded a $79.7 million firm-fixed-price contract to Montgomery-based Caddell-Nan JV for the construction of a replacement medical and dental clinic at Marine Corps Base Hawaii. Work is expected to be complete by December 2018. – BizJournals.com

Ohio firm creates Alabama-based polymer company

Signet Enterprises is expanding in the business of infrastructure service applications with the creation of Creative Polymer Solutions in Irondale. The Ohio-based investment and development firm says CPS specializes in polymer technology for protective and structural coatings and employs eight with plans to add three more workers by the end of 2017. – Crain’s Cleveland Business   

New program for startups launches in Birmingham

A new program for startup companies and entrepreneurs that has been successful in other cities launched Thursday in the Magic City as part of Birmingham Innovation Week. Known as 1 Million Cups of Coffee, the program allows entrepreneurs to pitch ideas in a relaxed setting, inviting questions and feedback as they hone their sales pitch and improve their plan. – Alabama News Center

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