Thomas Harris Inducted into Alabama Business Hall of Fame
News Summary Hope Hull celebrates as Thomas Harris prepares to be inducted into the Alabama Business Hall of Fame in 2024. This honor, shared with legendary coach Nick Saban, recognizes Harris’s significant contributions to the financial sector and community. The induction ceremony is scheduled for November 14, 2024, at Haven in Birmingham, highlighting Harris’s impressive […]
Raymond Harbert Inducted into Alabama Business Hall of Fame
News Summary Raymond Harbert, son of industrial titan John Harbert, is set for induction into the Alabama Business Hall of Fame on November 14, 2024. Recognized for his impactful contributions to Birmingham’s economy, Harbert has shifted the Harbert Corporation’s focus towards investment management, creating the successful Harbert Management Corporation. His dedication extends beyond business, with […]
Alabama Ranks Eighth in Business Environment Survey
News Summary Alabama has achieved a notable eighth place in Area Development’s 2024 Survey of Top States for Doing Business, underscoring its appeal for business investments. The state shines particularly in property tax environment and workforce training, reflecting its commitment to a business-friendly atmosphere. Positive migration trends and substantial recent investments highlight Alabama as a […]
Acquisition of M.B. McKee by Motion Industries
News Summary Motion Industries is set to complete its acquisition of Lubbock’s M.B. McKee, a family-owned business known for distributing mechanical components since 1943. The transition, expected to finalize by the end of January, ensures continuity of leadership while expanding Motion’s regional presence and offerings. This significant change comes as the community anticipates enhanced services […]
Alabama’s Business Landscape Shifts in 2024
News Summary 2024 marks a transformative year for Alabama as new entertainment ventures and business initiatives emerge. Notable developments include a Hollywood movie studio in Anniston, the legendary Flora-Bama beach bar thriving with tourists, and a $50 million amphitheater in Birmingham. Additionally, Goldman Sachs invests $100 million in rural businesses, while young entrepreneurs achieve success […]
Fluker Transportation Acquired by PS Logistics
News Summary Fluker Transportation, a major player in flatbed and heavy-haul shipping in Hammond, Louisiana, has been acquired by Blair Logistics, a subsidiary of PS Logistics. This acquisition is expected to enhance transportation options and services for customers while creating new growth opportunities for drivers. Founded in 2011, Fluker has built a strong reputation in […]