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Top News Links: Thursday, August 3

Air Performance to add 18 jobs in $1M expansion

Air Performance, which fabricates a wide range of custom architectural products used in major building projects across the U.S., announced plans Wednesday to invest more than $1 million to double the size of its Geneva County manufacturing operation. The project will initially create 18 jobs, with the potential for more in the future. – Made in Alabama

Three companies to create 265 jobs in Morgan County

An investment of about $139 million by three companies could produce as many as 265 new jobs in Morgan County. Wolverine Tube, United Launch Alliance and Dynetics made presentations Wednesday to the Decatur Industrial Development Board – outlining their plans for growth in the area. – AL.com

CrossPlex Development to get $9M in tax credits

TruFund Financial Services Inc., through its subsidiary Empowerment Reinvestment Fund, on Wednesday announced the investment of $9 million in New Markets Tax Credits to support the CrossPlex Development in Birmingham. This investment will support the construction of a 101-room hotel, 6,500 square feet of retail with a coffee shop and pizzeria, and a 15,000 square feet restaurant row with five eateries; part of a broader revitalization strategy. – News release

Mobile Council vote gives new life to Meridian at the Port

After a lengthy wait, the Meridian at the Port project - billed as downtown Mobile's biggest residential development since the 1950s - is just a few days from a groundbreaking. When it was announced in spring 2016, Meridian at the Port was to be transformative. Not only would it cost more than $45 million and feature more than 250 upscale apartments, it would place them on the east side of Water Street, on the former site of a Delchamps warehouse. – AL.com

Best defense against workplace stress might be a good night’s rest

What's the best defense against workplace stress or unhealthy eating? An Auburn University study suggests it may be a good night's sleep. Jaclyn Koopman, an assistant professor of management in Auburn's Harbert College of Business, spent two-and-a-half years working on the study. Researchers with Michigan State, the University of Illinois, the University of Florida and Sun Yat-sen University in China also worked on the project, which resulted in a paper in the Journal of Applied Psychology. – AL.com

Todd Greer named business school dean at UM

Business entrepreneur Todd Greer, chief catalyst and CEO of Exchange202, a shared workspace community in the heart of downtown Mobile, has been named dean of the School of Business at University of Mobile. Greer will lead expansion and program development for the Christian university’s internationally accredited School of Business. – News release

Important lesson: Don’t sell jaguar fur across state lines

Jaguar fur surrounds a federal case in which prosecutors say a Mobile clothing consignment shop violated the Endangered Species Act. The shop, which does business as Hertha’s Second Edition, violated the federal act by selling a fur coat to a customer in Biloxi, Mississippi, prosecutors said in a criminal complaint filed this week in the Southern District of Alabama. The coat was made partly from the hide of a jaguar, authorities said. – AP/Financial Post

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