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Top News Links: Friday, Sept. 1

Caddell picked to build Trump wall prototype

The Trump administration has selected four construction companies to build concrete prototypes for a wall on the U.S. border with Mexico, U.S. Customs and Border Protection said on Thursday. The four companies are Caddell Construction of Montgomery, Alabama; Fisher Sand & Gravel of Tempe, Arizona; Texas Sterling Construction of Houston; and W.G. Yates & Sons Construction Company of Philadelphia, Mississippi, the agency said. – CNBC

General Dynamics wins $104.8M contract from Marines

General Dynamics Mission Systems has secured a full-rate production contract worth approximately $104.8 million from the US Marine Corps in support of the US Armed Forces' common aviation command and control system program. The CAC2S collects and combines information from several aerial and ground based radar systems and sensors to provide a common and real-time picture of air spaces. Some of the work will be done in Huntsville. – Naval Technology

Hand Arendall to move into Merchants Plaza in Mobile

Merchants Plaza, the redevelopment of downtown Mobile's Merchants National Bank property, has gained its first major commercial tenant, with law firm Hand Arendall taking three floors. Merchants Plaza is a $30 million project occupying a full city block off the northeast corner of Bienville Square. The largest of five buildings involved, the 18-story former Merchants National Bank building, is being converted to residential use, featuring about 80 units. – AL.com

Democratic candidate for Senate seat gets no respect

He’s cash-poor, outgunned and flying under the radar. Doug Jones, the Democrat running in the Alabama special election for Attorney General Jeff Sessions’ old Senate seat, is no Jon Ossoff. Unlike Ossoff, the Georgia special election candidate who recently gained national prominence — and collected more cash than any House candidate, ever — due to his initial positioning as the face of the anti-Trump resistance, Jones has declined to make his opposition to Donald Trump the centerpiece of his campaign. – Politico

Regions Bank donates $100,000 to Harvey relief in Houston

In response to unprecedented flooding following Hurricane Harvey, Regions Bank on Tuesday announced the company is giving $100,000 to support relief efforts, rebuilding and recovery. The funds will be divided between the United Way of Greater Houston’s Flood Relief Fund and a relief program to assist Regions associates directly affected by the flooding. – Digital Journal

Whataburger pledges big to help Harvey victims

The devastation caused by Hurricane Harvey in Houston is profound. Whataburger has pledged an additional $1 million to the Whataburger Family Foundation to help our impacted employees with necessities like clothing, food, medical bills and monetary assistance. In addition, to serve our neighbors in need, Whataburger is donating $150,000 to the Red Cross, and another $500,000 to local food banks to be deployed in the areas of greatest need. – News release

Zacks upgrades Warrior Met Coal to ‘buy’

Warrior Met Coal Inc. was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday. The firm presently has a $30 target price on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 9.93% from the stock’s previous close. According to Zacks, “Warrior Met Coal, Inc. is a producer and exporter of premium metallurgical coal. It operates primarily in Alabama.” – LedgerGazette

Colonial shuts down major Southern gas pipeline

Colonial Pipeline says it plans to shut down a key line that supplies gasoline to the South due to storm-related refinery shutdowns and Harvey's effect on its facilities west of Lake Charles, Louisiana. The Georgia-based company said in a statement that it expects to shut off the line Thursday. The company had already closed down another line that transports primarily diesel and aviation fuels. The pipeline provides nearly 40 percent of the South's gasoline. – ABC3340

National Commerce completes Patriot Bank merger

National Commerce Corp., parent company of National Bank of Commerce of Birmingham, announced today the completion of the merger of Patriot Bank with and into NBC.  As a result of the merger, Patriot Bank is now part of NBC but will continue to operate under the “Patriot Bank” trade name, and its management team will continue with NBC. – GlobeNewsWire

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