| State Tipoffs Involving Alabama Newsletter for Friday May 03, 2024 ( 5 items ) |
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Ala. Gov. Ivey Announces Meta Plans to Build $800 Million, Next-Generation Data Center in Montgomery
MONTGOMERY, Alabama, May 3 -- Gov. Kay Ivey, R-Alabama, issued the following news release on May 2, 2024:
Governor Kay Ivey announced today that technology company Meta Platforms plans to open an $800 million data center in Alabama's capital city that will support 100 operational jobs and build on the company's previous investment in the state.
Meta's new 715,000-square-foot, AI-optimized data center will be built off Interstate 65 in Montgomery, across from the Hyundai automotive assembly pla
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Ala. Gov. Ivey Commends Legislature for Answering Her Call to Establish Alabama School of Healthcare Sciences
MONTGOMERY, Alabama, May 3 -- Gov. Kay Ivey, R-Alabama, issued the following statement on May 2, 2024:
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Governor Kay Ivey, upon the Legislature's approval of the Alabama School of Healthcare Sciences, issued the following statement:
"The Alabama School of Healthcare Sciences is coming to Demopolis! Students from all over Alabama will soon benefit from an education at this specialty high school and then go on to bolster our healthcare workforce.
"The Alabama School of Healthcare Sciences
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Canadian Hydropower Producer Upgrades Timing Network With Adtran's Oscilloquartz Optical Cesium Clock
HUNTSVILLE, Alabama, May 3 -- Adtran, a provider of networking and communications equipment, issued the following news release on May 2, 2024:
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News summary:
* Leading utility needed a seamless way to transition from legacy power grid synchronization to ultra-stable PTP timing and resilient PNT
* Oscilloquartz ePRTC+ solution delivers new levels of accuracy and availability with robust protection against GNSS cyberattacks
* Ensemble Sync Director ensures centralized control, comprehens
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Covington Represents Trustmark In Its $345M Sale of Fisher Brown Bottrell Insurance
NEW YORK, May 3 -- Covington, a law firm, issued the following news release:
Covington advised Trustmark National Bank in its entry into a definitive agreement to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc., to Marsh & McLennan Agency LLC for $345 million in cash.
Trustmark is a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee, and Texas.
Fisher Brown Bottrell Insurance is amon
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UAH Researcher's Paper is Cited in New FTC Ruling Banning Noncompete Agreements for Entrepreneurs Nationwide
HUNTSVILLE, Alabama, May 3 (TNSres) -- The University of Alabama issued the following news:
On April 23, 2024, the Federal Trade Commission (FTC) announced a ruling banning most noncompete agreements (https://www.ftc.gov/system/files/ftc_gov/pdf/noncompete-rule.pdf) (NCA) nationwide which cites a paper co-authored by a researcher at The University of Alabama in Huntsville (UAH). Dr. Ege Can in the College of Business at UAH, a part of the University of Alabama System, studied the impact of NCAs
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