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

Top News Links: Friday, August 25

UTC Aerospace unveils new addition to Foley plant

In response to rising customer demand for its nacelle systems, UTC Aerospace Systems, a unit of United Technologies Corp., Thursday unveiled a new 80,000-square-foot manufacturing and nacelle assembly facility at its award-winning Foley campus. The company expects to add up to 260 new jobs at the site, ultimately increasing its Foley workforce to more than 1,000 employees. – Markets Insider

Daimler corporate changes in the works for 2019

German car and trucks maker Daimler is working on a corporate holding structure which could be ready by the company’s annual general meeting on April 5, 2019, Manager Magazine said Thursday. Chief Executive Dieter Zetsche and Chief Financial Officer Bodo Uebber have a preliminary plan to split the company into three separate entities, a process which would unlock the value of the individual businesses. Mercedes-Benz cars and vans, Mercedes-Benz trucks and buses, and Mercedes-Benz financial services will separated and a new mobility services such as ride-hailing will be added to the financial services arm. – Reuters

BASF completes 18-month expansion project in Huntsville

BASF today announced the completion of an investment project to expand production at its Alabama mobile catalyst manufacturing site, which has been in operation for more than four decades. BASF said the Huntsville site expansion began 18 months ago and created 10 jobs. The company said the expansion enables it to continue creating emission control technologies for cleaner air while simultaneously helping the automotive industry grow. – Made In Alabama

Tuskegee construction program wins accreditation

Tuskegee University's Construction Science and Management Program is now accredited for the first time in its history. The school earned the honor through the American Council for Construction Education, making Tuskegee's program one of only two accredited bachelor's degree programs in the state, according to the school. – AL.com

Vote to fire top state educator may come next month

An Alabama Board of Education member said the board could vote as soon as next month on whether to dismiss state Superintendent Michael Sentance. Board member Jeff Newman said Thursday that several members want to discuss Sentance’s contract at the September meeting. – ANN

Forming a Domestic LLC just got easier in one county

Alabama Interactive, in collaboration with the Alabama Secretary of State, has recently launched an addition to the already existing Domestic Pre-Filing application, allowing companies to form a Domestic LLC at both the state and county level online. The new online Domestic LLC Filing service is currently available for Baldwin County, creating a one-stop online filing system, which further decreases the processing time and improves the efficiency of business filings in Alabama. While the new online complete filing system is currently only available for Baldwin County, the Domestic Pre-Filing application, launched early 2016, is still an option for counties not yet participating in online filing. – BusinessWire

Construction under way for massive parts plant near Tuscaloosa

Samvardhana Motherson Peguform, a division of Motherson Sumi Systems, is constructing a massive plant in Cottondale, Alabama that will supply German automaker Daimler. The $180 million factory will produce both internal and external plastic components, like bumpers and dashboards, as well as doors for Mercedes-Benz E-Class luxury vehicles. Total floor space of about 280,000 sq. meters should make the Alabama plant one of the largest among Peguform's more than 20 factories worldwide. – Nikkei Asian Review

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module