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Top News Links: Tuesday, October 17

Airbus looks to add new production line in Mobile

Canadian jet-maker Bombardier announced Monday that it is selling a controlling stake in its 100- to 150-seat C-series jetliner to European manufacturer Airbus, just weeks after the Commerce Department moved to impose 300 percent tariffs on the plane. The companies also said they will expand the plane’s production to a new facility in Mobile, a move that could help it avoid the import duty. Executives from both firms touted the deal’s U.S. job-creation potential. – Washington Post

Companies want a cool billion for new auto plant

Toyota Motor Corp. and Mazda Motor Corp. are pressing for an incentive package of at least $1 billion from U.S. states trying to land their $1.6 billion joint car factory, according to people familiar with the negotiations. Toyota and Mazda plan to brief their boards on a short list of states contending for the plant in the coming weeks and announce a final selection by the end of year. – Bloomberg

Gray Construction tapped for work in Daimler expansion

As German automaker Daimler AG plans to invest $1 billion to expand its Mercedes-Benz operations in Alabama, Gray Construction has been selected to design and build the 680,000-square-foot global logistics parts consolidation center, expected to be operational in 2019.   “We are thrilled to be partnering with Daimler,” said Stephen Gray, CEO of Gray Construction. – News release

Good People Brewing buys Avondale Brewing

Good People Brewing Co. has acquired Avondale Brewing Co., just days after it was sold to a Birmingham developer. In an announcement, Good People said it is bought the brewery and its assets from Avondale Holdings, a subsidiary of Orchestra Partners. The terms were not disclosed. – AL.com

Alabama Splash Adventure spending millions on upgrade

Alabama Splash Adventure has a new attraction coming next season, and the park is turning to the public to come up with a name for it. A new kids' slide complex and interactive play structure is planned for the 2018 season, to debut next May. This is the latest in a series of $10 million worth of improvements to the park since its purchase in 2014. – AL.com

Caddell Construction wins $130M contract for correctional facility

Caddell Construction Co. has been awarded a $130 million contract for the design and construction of a new correctional facility for Escambia County, Florida. Caddell, in joint venture with its local Pensacola partner, Whitesell-Green, is performing the design-build of a new state-of-the-art 300,000 SF detention facility on a 19-acre property adjacent to an existing jail. – News release

Cullman, Fairhope partnering with UA on tech growth

The University of Alabama has partnered with two Alabama cities to create entrepreneurial hubs and spark tech business growth. The Technology Villages program assists communities in constructing and operating storefront technology-focused incubators by fostering entrepreneurial culture, developing a resource ecosystem and linking University of Alabama resources with emerging tech companies across the state. – News release

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