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

Top News Links: Wednesday, June 4

Dai-ichi buying Protective Life

Japanese insurer Dai-ichi Life Insurance Co. is acquiring Protective Life Corp. of  Birmingham for $5.7 billion. The deal, which will make the American company a wholly owned subsidiary of Dai-ichi Life, underlines the ambitions of Japan's insurance companies to expand abroad as the Japanese population ages. – MSN

Hoar Construction opens in D.C.

Hoar Construction has opened an office in Washington, D.C., where it plans to focus on high-rise residential, office, hospitality, healthcare, retail and mixed-use construction projects. The Birmingham-based company's first project in the nation's capital will be Elysium Fourteen, a nine-story apartment project. – AL.com

Hyundai has best U.S. sales month

Hyundai celebrated the rollout of its redesigned Sonata by announcing Tuesday that May was its best U.S. sales month in company history. The Montgomery-made 2015 Sonatas started arriving at dealerships last weekend. But May's record sales total was led by another Montgomery-made car, the Elantra. – Montgomery Advertiser

Cabela’s to open in Huntsville

Cabela’s Inc., CAB -0.02% , announced today it will open its first Alabama store in Huntsville. The Rocket City location will be in the newly planned Parkside Town Centre development near the intersection of Interstate 565 and 255 at Governors West Road. – BusinessWire

Motus acquires Johnson Controls assets

Motus Integrated Technologies – a Tier 1 automotive supplier – has completed its acquisition of the headliner and sun visor business of Johnson Controls Inc. in North America and Europe. Motus will have production facilities in Cottondale. – MarketWatch

But who will paint it?

Lockheed Martin has landed a highly sought-after contract for the construction of the U.S. Air Force's Space Fence. The $914.6 million contract for the “fence” - actually a high-frequency radar - is designed to protect satellites from the millions of pieces of floating space junk. – AL.com

Our big fat Southern homes

Newly built homes in the U.S. have steadily gotten larger over the decades, but the South set itself apart in the past 10 years as the region where new homes swelled the most, by far. The South’s median home size last year – 2,469 square feet – was larger than those of the other three regions. – Wall Street Journal

RealtySouth to pay $500,000 in claims

RealtySouth must pay $500,000 to settle claims the state's largest residential real estate company improperly steered homebuyers to use its own title insurance and closing agency. – AL.com

Peru, Uruguay get trade visit

Commerce Secretary Greg Canfield is leading an Alabama delegation that includes eight homegrown businesses on a weeklong trade and business development mission. The Alabama team made its first stop in Lima, Peru’s industrial and financial center, for talks on ways to boost two-way trade. – Made In Alabama

Report your red snapper

 The Department of Conservation and Natural Resources just launched their second interactive voice response system (IVR) 1-844-REDSNAP (733-7627). The state has made red snapper reporting mandatory in order to more accurately count red snapper harvested among Alabama's anglers. – BusinessWire

Add your comment:
Edit Module
Edit Module
Edit ModuleShow Tags