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

Top News Links: Tuesday, Dec. 11

ThyssenKrupp opens stainless melt shop

Steel giant ThyssenKrupp has opened the melt shop at its Calvert plant, the final element to makes its stainless steel production fully operational, as the company seeks a buyer for the pair of  mills. — Mobile Press-Register

Big losses for ThyssenKrupp

German steel and technology company, with a pair of steel mills in Alabama, has announced losses of $6.1 billion in 2012. — Wall Street Journal

Four from Birmingham facing SEC charges in Morgan Keegan case

Four Morgan Keegan fund managers from the Birmingham area are among those charged for Securities and Exchange Commission violations for their work with Morgan Keegan. — Reuters

Governor predicts fiscal cliff fiasco with major job losses

Gov. Robert Bentley predicted that Congress and the President will be unable to reach agreement to prevent mandatory budget cuts, resulting in the loss of 24,000 jobs in Alabama. — Mobile Press-Register

Aker wins Shell umbilical contract

Aker Solutions has won a contract, valued at $200 to $400 million, to provide umbilicals for Shell; the work will be performed at Aker facilities in Alabama and Norway. — Reuters

Montgomery celebrates job wins

Montgomery city officials toured companies that have expanded, added more than 700 jobs to the region's economy. — Montgomery Advertiser

Foreclosure sales up

Alabama saw a 33 percent increase in the number of foreclosure sales this quarter over last, accounting for 16 percent of all real estate sales. — Birmingham News

Booz Allen acquires defense engineering firm

Consulting firm Booz Allen Hamilton has acquired Defense Systems Engineering and Support, including its 60-person Huntsville office. — Huntsville Times

Contingency plan for TVA leadership

While Congress delays confirmation of new TVA board members, the utility's board has voted to delegate authority so it can continue to function until leadership decisions are made. — Chattanooga Times Free Press

Pope to ride in Alabama-built Mercedes

A specially modified Mercedes SUV built in Vance has been delivered for use as the Pope's new official vehicle. — al.com 

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module