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Top News Links: Thursday, August 31

With a new auto plant on the table, here’s a review of past incentives

Alabama is reportedly one of 11 states in the running for a new $1.6 billion Toyota Mazda plant. The plant, expected to create more than 4,000 jobs, is projected to be operational by 2021. Toyota says it will build the Corolla, while Mazda will focus on crossovers. The plant could produce about 300,000 cars a year. No doubt incentives will help decide which state wins the new plant. So what were the incentives for each of Alabama's auto manufacturing facilities? – AL.com

Alabama Power team heads to Texas to help storm victims

A team of specially trained Alabama Power personnel left at dawn Wednesday for Texas with a convoy of boats and special equipment to help Houston-based CenterPoint Energy restore power in the devastated city. The team of 20 employees took two airboats, two Marsh Master track vehicles and jon boats. – WALA

Caddell Construction opens Arkansas office

Caddell Construction Co. has opened a new office in historic downtown Bentonville, Arkansas, at 107 S. Main Street. The Caddell Bentonville team hosted a Grand Opening & Ribbon Cutting Aug. 9 attended by local business leaders and four executives from Caddell Construction’s home office in Montgomery. The Bentonville team is focused on private, municipal, and federal construction markets in Arkansas and surrounding states, but will explore opportunities nationwide. – News release

Lockheed won’t protest two-way race to refresh nuclear arsenal

Lockheed Martin Strategic and Missile Defense Systems will not protest the U.S. Air Force’s decision to move ahead with teams led by Boeing and Northrop Grumman for the Ground Based Strategic Deterrent (GBSD) program to replace Minuteman 3 intercontinental ballistic missiles (ICBMs). The Air Force on Aug. 21 awarded Boeing Space and Missile Systems of Huntsville, a $349.2 million contract and Northrop Grumman Systems Corp. of Redondo Beach, California, a $328.6 million contract for three-year parallel efforts to mature technology and reduce risk for prototyping and developing flight, command and control, and launch systems. – Space News

Montgomery hosts Air Force’s largest conference on cyber threats

This week, Alabama’s Capital City has been at the center of high-level discussions focusing on the wide-ranging cyber challenges facing the nation in the digital age. The Air Force Information Technology and Cyberpower Conference (AFITC) Thursday had its third and final day in Montgomery, which last hosted the Air Force’s largest tech conference four years ago. – Made In Alabama

Birmingham Pistol Wholesale buys Southeastern Guns

Southeastern Guns  in Trussville has a new owner. Johnny Walker, owner of Birmingham Pistol Wholesale, purchased S.E. Guns on Monday. Former owners Mike and Debbie Davenport are retiring. Walker, who has been in the firearms business since 1974 in the Birmingham area, has big plans for the future. Walker said he plans to keep both stores open for the time being. – AL.com

Coon Dog cemetery marks 80 years this Labor Day

Franky Hatton is schooling me on the ins and outs of raccoon hunting. We met in early spring at the Key Underwood Coon Dog Memorial Graveyard, better known as the Coon Dog Cemetery. Hatton is one of its caretakers, as well as a board member of the Friends of the Coon Dog Cemetery and coon-hunting enthusiast. This place in Colbert County in northwest Alabama is so special that it has attracted visitors from across the country and as far away as Sheffield, England. – ANC

Momentum CEO Barbara Royal to retire

The CEO of a prominent Birmingham nonprofit aimed at building women's leadership has announced she will retire on Friday. Barbara Royal has been CEO of of Momentum for 15 years.  Royal will still work as a consultant with Momentum for special projects. – AL.com

Fairhope Merrill Lynch advisor named to Forbes NextGen list

S. Wesley Carpenter, a wealth management advisor at the Fairhope office of Merrill Lynch Wealth Management, was recently named to Forbes’ inaugural “America’s Top Next Generation Wealth Advisors” list. Carpenter works closely with clients to design personalized investment and retirement income strategies. The list, developed by SHOOK Research, acknowledges the industry’s future leaders, who were born in 1980 or later. – News release

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