Mobile’s Dependable Sheet Metal Co. Inc. was recently honored by the editors of Ol’ Skool Rodz magazine with an article in their “New Kool Stuff” section. Their segment covered the creation of a custom aluminum “square to round” automobile shroud locally designed by the company and fabricated for the antique Ford Model A, built from 1928 to 1931, hugely popular among hot-rod enthusiasts.
“Only plastic or thin, ‘hatchet-job’ fan shrouds had been available until we developed a way to fashion this shroud out of 0.080 thick aluminum (about as thick as a stop-sign). It was done by computer-cutting, hand-welding and shaping it for maximum smooth flow, as well as longevity and beauty. The shroud also comes apart for maintenance on the motor and can be adapted to other classic cars as well. With all due to respect to Henry Ford, this masterpiece can outclass the car,” President Ronald Scott said.
Ol’ Skool Rodz is one of the best-selling hot rod magazines of its kind internationally, has a huge cult following and is considered to have some of the most informative views of modern custom car culture lifestyle in the industry. They are a subsidiary of Koolhouse Publishing based out of Jesup, Ga., who also put out Car Kulture Deluxe magazine.
Dependable Sheet Metal was established in 1962 and has 10 employees on 2964 Mill St. located in the Crichton Business District.
Commercial Real Estate Moves
According to John Vallas at Vallas Realty, Inc., a Montgomery based developer recently purchased 14 properties in Saraland for a new retail development. The properties are located at the intersection of U.S. Highway 43 and Celeste Road. Formerly at the location were a restaurant, a furniture store, a sign company, business offices and six houses.
Plans are to have all remaining structures demolished. The city of Saraland also intends to vacate a portion of Old Telegraph Road for the renovation project. According to Vallas, CVS Pharmacy will be one of the new anchor tenants moving in with two other major retailers currently far along in discussions with developers to possibly occupy the property.
The Yardarm Restaurant & Marina on Fairhope Municipal Pier recently was put on the market for $495,000 and listed by Harry Johnson of Gulf Coast Restaurant Brokers in Daphne. The property currently is set up in a long term lease with the city of Fairhope with the current owner planning retirement soon. The eatery seats 90 and includes a 32-slip marina and an apartment on the second floor.
Sharon Wright and Michael Wilson with White-Spunner Realty recently leased two spaces at Fountain Plaza on State Highway 59 in Foley. Gulf Coast Martial Arts leased a 2,650-square-feet studio space and Coastal Ballet Academy leased a 1,400-square-feet dance space. Other tenants in the center are Sears, Xtreme Nutrition and Smoothie King. A 1,400-square-foot space is still available according to Wright.
Hamilton Mortgage Corporation, a full service mortgage banking firm, has leased a 1,125-square-foot office space at 4080 Government Blvd., Suite B. Tony Cooper of BHHS Cooper and Co., Inc. Commercial Division handled the transaction.
Interface Financial Group (IFG) has opened a new franchise location in Mobile located at 41 W. I-65 Service Road N. The Bethesda, Maryland-based company offers small businesses in local areas alternative sources for working capital and focuses on the manufacturing, service, and construction sectors. Their invoice discounting service enables small businesses to turn receivables into cash.
Pour Baby Wine Bar leased a 2,400-square-foot retail space and Olivella Gourmet Olive Oils and Vinegars leased a 1,200-square-foot location, expanding into west Mobile at the Southwood Place Shopping Center on 6808 Airport Blvd. The Merrill P. Thomas Co. Inc. represented the landlord in the transaction.
Backes named chairman of Construction Industry Institute
The Construction Industry Institute (CII) recently named Jim Backes, executive vice president at locally-owned Hargrove Engineers + Constructors, as the 2015 chairman of the board.
CII is a nationwide consortium, based out The University of Texas at Austin, of more than 130 leading academics, engineering contractors and supplier firms from both the public and private sector. Their purpose is to improve the outcomes of capital projects through research and associated activities.
According to a press release, CII’s mission is to disseminate knowledge that improves the quality and delivery of capital projects, as well as create global competitive market advantage for its members.
Since 1993, Backes has served on numerous committees and research teams for CII. In 2012 Backes received the CII Distinguished Service Award. Award recipients must be employed by a member of CII and the award recognizes individuals who have served as a role model for other CII participants.
With more than 36 years of civil engineering, engineering management and project management experience in a variety of industries, Backes received his B.S. in civil engineering from Notre Dame and holds a M.S. in civil engineering from Michigan State University.
Hargrove Engineers + Constructors began their involvement with CII in December 2007 as a small member company and moved to a full standard membership Dec. 1, 2014. Hargrove received the Professional Development Award in 2011 and the Performance Assessment User Award in 2014.
Wilkins Miller’s Dixon earns CVA certification
Lyndsey Dixon, CPA, a manager with Wilkins Miller, has successfully completed the certification process with the National Association of Certified Valuation Analysts (NACVA) to earn her designation of Certified Valuation Analyst (CVA). Currently Wilkins Miller has seven professionals who hold this designation.
Dixon has nine years’ experience in public accounting and joined Wilkins Miller in 2012. She has a B.S. in business administration from the University of Alabama and an M.B.A. from Auburn University Montgomery.
Business valuations are most commonly required in conjunction with the purchase or sale of a business, succession planning, buy/sell agreements, charitable contributions, estate and gift taxes, and initial public offerings. In the litigation arena, valuations are often necessary in situations of business disruption, dissenting shareholder actions, divorce and partner disputes.