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Top News Links: Wednesday, March 19

Anniston adds another 150 jobs to expansion

An Anniston business expansion announced in January will create 359 jobs, at least 150 more than previously expected, officials learned this week. During their regular work session Monday, Anniston City Council members were told International Automotive Components at McClellan will possibly generate 359 new manufacturing jobs due to its planned $22 million expansion. – The Piedmont Journal

ST Aerospace doing job fair at new site

A job fair and recruitment event sponsored by ST Aerospace in Pensacola is scheduled for 10 a.m. to 2 p.m. Thursday at Pensacola State College. ST Aerospace, whose U.S. headquarters is in Mobile, has plans to open a satellite maintenance and overhaul facility at Pensacola International Airport in mid-2015. – PNJ.com

This recovery isn’t lifting all boats

Policy advisers from around the nation gathered at Tuskegee University’s Brimmer Forum on Education, Economic Growth and Opportunity to discuss how the widening economic gap. “This is a recovery that has been going on a long time, but it hasn’t reached people the way that we’d like it to,” said Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities. – Montgomery Advertiser

Another five years of profitability?

Federal prosecutors say the leader of a tax fraud ring that was run from a state prison has been sentenced to more than five years in prison. Authorities said Tuesday that 57-year-old Shermaine German was an inmate at the Donaldson Correctional Facility in Bessemer while he coordinated a tax fraud scheme. – Alabama's 13

Huntsville mourns research visionary Moquin

In 1961, Joe Moquin selected a cotton field across from the University of Alabama in Huntsville as the future home of Brown Engineering, which would later become Teledyne Brown Engineering. That decision changed the Rocket City's future by eventually giving rise to Cummings Research Park. Moquin died Sunday following a long battle with Alzheimer's disease. He was 89. – al.com

The Highlands, once more into Beard fray

For the sixth year in a row, Birmingham's Highlands Bar and Grill has been named one of five finalists for the James Beard Foundation Award as the country's most outstanding restaurant. The winner will be revealed on May 5 at the annual Beard Awards gala in New York City. – al.com

More jobs for Phenix City

A South Korean auto parts manufacturer intends to hire 23 more employees over the next year as part of a $16.5 million expansion at its plant in Phenix City. ILJIN Alabama Corp. will get tax abatements and up to $150,000 in incentives. – Star-Telegram

Report: Alabama’s sales tax rate 6th highest

A new report says Alabama has the nation's sixth highest sales tax rate. The report from the non-partisan Tax Foundation says Alabama's state rate and average local rate is 8.51 percent. Tennessee leads the nation at 9.45 percent. – Times Daily

PNC Financial creates new team in Mobile

The PNC Financial Services Group has created a wealth management team in Mobile. Charlene Reyes, Rena’ Davis, Heather Gilbert and Amelia Pope will provide banking services exclusively to affluent clients in south Alabama. – al.com

Boatright, Stella-Jones reach agreement

Boatright Railroad Products announced today that it has entered into a non-binding letter of intent with Stella-Jones Inc. to sell its wood treating facilities, located in Montevallo and Clanton. Boatright manufactures, sells and distributes creosote and borate-treated crossties as well as switch ties, tie plugs and bridge timbers to railroad operators. – Businesswire

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