Birmingham City Council Approves Package That Will Bring 76 Research Jobs to City
Kratos Defense and Security Solutions, the San Diego-based company that purchased Southern Research’s engineering division earlier this year, will receive up to $228,000 in city incentives to bring 76 new jobs to Birmingham. The Birmingham City Council unanimously approved the development agreement at its meeting Tuesdsay. Kratos acquired Southern Research’s engineering division (SRE) in May for $80 million; it will invest an estimated total of $26.6 million into the division’s campus, located at 757 Tom Martin Drive. That will include hiring and training 76 new employees over the next five years; for each new hire, the city will refund the company $3,000 in occupational taxes. Read more.