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Top News Links: Wednesday, June 12

CBC America announces plans for Muscle Shoals plant

CBC America, a Japanese company that makes parts for North American Lighting's auto headlight plant, announced plans this week for a new $24 million plant in Shoals Research Airpark; plans call for 125 employees. — Florence TimesDaily

Plans underway for development at Brookley Aeroplex

The Mobile Airport Authority has announced plans for developing 215 acres at the Brookley Aeroplex, which recently became home to Airbus' first U.S. assembly line; news that Baltimore-based Cordish had been chosen for the Brookley project  had broken earlier this week in Baltimore; Mobile's JMG Realty is also on the development team. — Mobile Press-Register/Baltimore Sun

Regions to dissolve real estate trust

Regions Financial has begun work to dissolve its Union Planters Preferred Funding REIT, after retiring the debt. — American Banker

Shelby County authorizes $1 million loan for Summer Classics

Shelby County commissioners approved a $1 million loan to help furniture maker Summer Classics redevelop the former Moore-Hadley site in Pelham. — Birmingham News

Mercedes-Benz sets sales record

Alabama-made SUVs helped Mercedes-Benz set a new May sales record of 121,360 vehicles. — Birmingham News

This little piggy went to market

Mountain Brook residents turned out in droves to hear the latest updates on their Piggly Wiggly store, the only grocery in the upscale community. — Birmingham News

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