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Shaw Industries Finishing $184 Million Alabama Upgrade

Shaw Industries Finishing $184 Million Alabama Upgrade

Shaw Industries Group’s flooring plant in Andalusia, which makes fiber used in carpet, has been in the midst of a yearlong upgrade worth $184 million.

Auburn a Magnet for International Precision

Auburn a Magnet for International Precision

Germany’s Berghoff Group chose Auburn for its U.S. precision manufacturing plant because it had the skilled workforce that could hone parts taking 130 hours to perfect.

Forest Giant Recapitalized

Forest Giant Recapitalized

Georgia-Pacific feeds on Alabama, the nation’s second largest timberland. The big recession was time for big G-P reinvestment throughout the state.

Peco Foods Plans $40M Mississippi Plant

Peco Foods Plans $40M Mississippi Plant

Tuscaloosa-based chicken processor Peco Foods announced plans in May to open a new $40 million plant in northeast Mississippi to make, store and distribute frozen chicken products.

Company Kudos, June 2018

Company Kudos, June 2018

A month of achievements in Alabama business

Coconut Purveyor Marx Brothers Goes Solar

Coconut Purveyor Marx Brothers Goes Solar

Marx Brothers Inc., a Birmingham company that imports and distributes coconut products, recently installed a rooftop solar system that can generate 35 percent of the company’s annual energy requirements.

Homegrown Precision Manufacturing

Homegrown Precision Manufacturing

Precision manufacturing is a rapidly emerging industry in Alabama. But, for Huntsville’s Brown Precision, it’s been emerging for over 30 years. And the company is now strategically expanding to the state’s southern aerospace corridor.

Port Angles for Auto Traffic

Port Angles for Auto Traffic

After downturns in coal, Alabama’s port bids for autos — landing a $60 million facility planned by two Latin American partners.

5 Reasons to Visit Hotel Indigo in Five Points

5 Reasons to Visit Hotel Indigo in Five Points

Hotel Indigo, Birmingham’s latest hospitality jewel, opened in April in the city’s original entertainment district, historic Five Points South.

Mapping the Peanut Motherboard

Mapping the Peanut Motherboard

Mapping the genetic universe of the peanut is a global, five-year quest by the Peanut Genome Consortium — an international team of scientists that included Auburn University’s Charles Chen.

Tennis Ball Fetching Robot on Kickstarter

Tennis Ball Fetching Robot on Kickstarter

By early May, Tennibot had already gathered 78 backers pledging $54,752 — more than the original $35,000 goal.

Encompass Health's New Digs

Encompass Health's New Digs

Even the glass is smart at the new home office of Encompass Health, formerly HealthSouth, Birmingham's leading healthcare company and operator of hundreds of hospitals, home health and hospice centers.

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NEWS AROUND ALABAMA

Monday, June 18, 2018

Trump, Kim handshake, talk of peace sinks U.S. defense stocks

Talk of peace between the U.S. and nuclear-armed North Korea sank defense stocks Tuesday. While the broad U.S. stock market reaction to the historic agreement between President Trump and North Korean leader Kim Jong Un to establish a new relationship committed to "peace and prosperity" was muted, shares of defense contractors took a dive. — USA Today​

Ranft named dean of Auburn’s Harbert College of Business

Annette Ranft has been named the eighth dean of Auburn University’s Harbert College of Business, beginning August 1. Ranft comes to Auburn after serving as dean at North Caorlina State University’s Poole College of Management. Former dean Bill Hardgrave has been named Auburn’s provost. — Auburn University​

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