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

Top News Links: Tuesday, Jan. 13

Polaris: 2,000 jobs for $80 million

Polaris Industries Inc. will receive about $80 million in combined state and city subsidies when it builds its massive $142 million ATV plant next year in Huntsville. Kelly Schrimsher, communications director for the city of Huntsville, said Monday that the Alabama perks and tax breaks include $15 million in land and temporary office space given to Polaris by Huntsville. It also includes about $31 million in cash and job training assistance from the state of Alabama, as well as about $34 million in state subsidies tied to Polaris’ agreement to provide 1,700 to 2,000 jobs in the state of Alabama. – Star Tribune

Curvy Mercedes GLE shown off in Detroit

Mercedes-Benz, which pioneered the luxury offroader with the boxy G-Class 36 years ago, is now adding curves to its SUV lineup with the new GLE coupe. The mid-sized crossover has a low sloping back end and bears a remarkable resemblance to the BMW X6. “The GLE Coupe is the trailblazer for a versatile vehicle class,” said Ola Kaellenius, head of sales and marketing at Mercedes. It will be built at the automaker’s plant in Alabama and hits the U.S. market in August. – Irish Times

Cantor Fitz comes to Birmingham

New York financial services firm Cantor Fitzgerald & Co. is opening its first office in Alabama. Tracy Hunt, Jonathan Doss, Jay Simpson and Counce Drinkard will work in the office. All are formerly of BBVA Compass, and the firm has plans to hire more. – AL.com

Guns-in-cars bill reintroduced

A Tuscaloosa lawmaker says people should be able to keep their loaded handguns in their vehicles without having to get a concealed-carry permit. Republican Sen. Gerald Allen of Tuscaloosa says he will introduce legislation in the upcoming March legislative session to allow loaded handguns in cars. – AP/Tuscaloosa News

Alabama-based Signal on trial

Billed as one of the largest human trafficking and forced labor cases in the country, the first in a series of federal trials alleging nearly 600 Indian guest workers were lured to the U.S. Gulf Coast on false promises of obtaining green cards then forced into involuntary servitude began Monday in a New Orleans federal court. – Houston Chronicle

Opinion: Time to raise cig tax again

Alabama lawmakers casting about for ways to fill the deep hole in the General Fund budget should read the smoke signals and raise the state cigarette tax. At 42.5 cents per pack, Alabama's tax rate is fourth lowest in the nation, higher only than those of Georgia, Louisiana and Virginia. Even if the rate were to be hiked by $1, Alabama smokers would still be paying taxes below the national average. – Montgomery Advertiser

Hangout Fest partners with Goldenvoice

The Hangout Music Festival has always been the brainchild of founder Shaul Zislin, but Zislin announced at Monday's Gulf Shores City Council meeting that the festival had a new, powerful uncle. The festival announced a new partnership with Goldenvoice, the company responsible for putting on Coachella, New Orleans' Jazz Fest, and the Firefly Music Festival among others. – AL.com

McClintic takes top roles at Atherotech

Atherotech Diagnostics Lab, a specialty lab and disease management company, announced organizational changes today designed to consolidate leadership and accelerate growth. Jim McClintic has been appointed as the new President and CEO. McClintic has been a member of the Atherotech Board of Directors since its acquisition by Behrman Capital in 2010. – News release

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags

Edit Module