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Alabama Port Authority awards $20 million contract to Richmond Engineering for McDuffie Coal Terminal modernization

Dec 21, 2024

Contract Type

contract

AlabamaGovernment

Description

The Alabama Port Authority has awarded a $20 million contract to Richmond Engineering for stacker reclaimer work at the McDuffie Coal Terminal, as part of the $200 million coal terminal modernization project. The new, more efficient equipment will enable nearly double loading speeds, which aligns with the upcoming deepening and widening project that will allow bigger ships to access the port by mid-2025.

Company Information

Company

Alabama Port Authority

Location

Alabama, United States

About

The Alabama Port Authority is responsible for the operation and management of the Port of Alabama, dedicated to facilitating economic growth and providing efficient port services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.