AGP Executive Report
Last update: 7 hours agoUtility Costs: Alabama’s Public Service Commission is asking Alabama Power to stop charging customers for promotional ads immediately. A 2029 law will prohibit the practice; meanwhile, parent company Southern reported a $2 billion quarterly profit, with data-center demand helping drive growth. Investment: Gov. Kay Ivey says federal officials approved Alabama Opportunity Zones, which offer tax incentives, including in Fort Payne beginning Jan. 1. Lowndes County’s proposed $33.1 billion Lambda data center would be its largest development project, but the county faces a lawsuit over a related tax break. Meta’s $1.5 billion Huntsville data center is also drawing local talent. Industry: NexPoint plans to close its Burkville polycarbonate plant and shift production to Mount Vernon. Japanese firm Sanko Gosei acquired an Alabama manufacturer. Agriculture: Corey Hill, a farmer and longtime Douglas mayor, won the agriculture commissioner’s race after a grassroots campaign. Regional Impact: A Samford study estimates the university generated $1.08 billion in economic activity statewide in fiscal 2025.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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Pseudo-journalism: Pink-slime
