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Top News Links: Tuesday, Feb. 7

Navistar International plant bought by Pate Holdings

The old Navistar International engine plant in Huntsville is under new ownership. Tuscaloosa-based Pate Holdings said it closed Friday on the purchase of the building in Jetplex Industrial Park near Huntsville International Airport. Terms of the deal were not disclosed. – AL.com

Report suggests Samsung looking in South for plant site

Earlier this month, sources surfaced claiming Samsung is looking into building a home appliances manufacturing plant inside the United States, a move reportedly to be made in response to the possibility of import taxes under the Trump administration. Now a new report claims Samsung is considering building this home appliances plant in either Alabama or South Carolina. – SlashGear.com

Speaker making no predictions on prison overhaul

The Alabama Legislature will formally open its 2017 regular session Tuesday, and Gov. Robert Bentley is again calling for an overhaul of the state’s seriously overcrowded prison system. But the measure died last year with legislators expressing concern about the proposed $800 million construction tab and the governor’s plan to award a “design and build” contract to one company for the effort. – WHNT

‘Buy American/Hire American’ proposals weighed

While the country wrestles with President Donald Trump's executive orders on immigration and border security, which have both stoked public outcry in recent weeks, lesser known legislative changes proposed by U.S. Customs and Border protection could have profound consequences on Gulf Coast shipbuilders and related industries. – AL.com

With Trump on board, coal strategizing global comeback

Boosted by higher prices and presidential promises of aid, U.S. coal is having a comeback season. Yet a looming quandary remains: Demand continues to shrink. Producers say they’re remaking their playbooks to survive in a dwindling market. High rates of return and credit ratings are seen as more key to the future than boosting production. – Bloomberg

Siegelman to be released from prison Wednesday

Former Alabama Gov. Don Siegelman is to be released from federal prison this week after serving about six years for a bribery conviction, a former aide told Al.com today. Siegelman, 70, has been told that he will be released Wednesday, Chip Hill, a friend and former aide to Siegelman stated in an email. – AL.com

How slavery molded Alabama’s tax environment

In the late spring or early summer of 1822, a man named Bolling Hall made a list of all his property before taking it to the Autauga County assessor and paying his taxes. On the left side of a piece of parchment, Hall listed hundreds of acres of land he'd acquired since leaving Georgia four years before. He would pay between $2 and $8 an acre on it. In the top right-hand corner, Hall listed "15 negroes under 10 years" and "30 negroes over 10 years." – Montgomery Advertiser

ēCO opens new Shelby County location

ēCO Credit Union partnered with the Greater Shelby County Chamber of Commerce to host an Open House and Ribbon Cutting for its new Shelby County location. The Alabaster Branch is a full-service location, offering lobby and drive-thru service. – News release

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