Business — Page 103
General Electric (GE) Aviation’s Auburn facility recently reached 100,000 shipments of additively manufactured fuel nozzle tips. The company’s Auburn site began producing fuel nozzle tips in 2015 and was the industry’s first mass manufacturing site for producing aircraft engine parts using additive manufacturing. The part is made for the CFM LEAP engine, which entered revenue […]
Huntsville has placed its industrial strength on full display this week as it plays host to leading defense industry titans, military leadership, and major stakeholders in the national space and missile defense network.
Birmingham, Ala. — The Alabama Grocers Education Foundation (AGEF) recently awarded $37,500 in scholarships to employees or children of employees from Alabama Grocers Association (AGA) member companies for the 2021/2022 academic year. These included 22 AGEF funded scholarships, 11 Piggyback Scholarships and four Endowed Scholarships for a total of 37 scholarships awarded. Alabama scholarship recipients […]
The U.S. Department of Agriculture (USDA) Rural Development on Monday announced that the USDA is investing grants totaling $495,055 to support entrepreneurs and businesses in five rural Alabama counties, creating approximately 235 jobs. Acting Alabama State Director for Rural Development Allen Bowen hailed USDA’s investment in the Yellowhammer State as a victory for small business. […]
A three-company joint venture announced plans to create Madison Metal Processing (MMP), a company which will supply steel blanks to Huntsville’s Mazda Toyota manufacturing assembly and other automotive suppliers. Trial production has begun for the $40 million, 110,000 square foot Madison operation, with full-production slated to begin in mid-2022. The venture’s participating companies are Toyota […]
Business Facilities magazine ranked Alabama’s business climate among the top states in an analysis evaluating key economic categories.
“Speak softly, but carry a big stick,” was President Theodore Roosevelt’s motto when it came to our country’s security posture. America’s strong national defense protects our country, its people, and our interests and allies abroad. The strength of our armed forces is my top priority and why I wanted this job. I’ve found there is […]
Regions Bank has tapped one of the state’s foremost experts on banking law and government affairs to serve as senior vice president of state government affairs and economic development. Jason Isbell comes to the Birmingham-based bank brandishing nearly two decades of legal and government affairs experience in the public and private sectors. Elizabeth Taylor, head […]
The Alabama League of Municipalities (ALM) on Thursday announced the creation of its Economic Development Academy, which will partner with local leaders in an educational capacity to offer their assistance regarding business and industry recruitment practices. Developed in conjunction with the Alabama Community College System (ACCS) and supported by an advisory council of industry leaders, […]
Gov. Kay Ivey (R-AL) on Thursday hosted a ceremonial bill signing for legislation passed during the 2021 regular session, which includes two key pieces of legislation aimed at accelerating the growth of Alabama’s innovation economy.
Alabama’s workforce is in need of innovation if employers are going to become trained for the vacant jobs that move our state forward.
During a virtual event hosted by Auburn University, U.S. Army General and Commander of the U.S. Space Command James Dickinson explained the need to protect U.S. national security interests in space. The general drew a direct correlation between protecting space operations and daily life activities. The event was broadcasted live earlier this week on YouTube […]
Trace Strock, a student at Trenholm State Technical College, has been announced as a recipient of the 2021 Lockheed Martin Vocational Training Scholarship. The scholarship is a first-of-its-kind program that is awarded to students with a high school diploma seeking training from an accredited vocational-technical institution to prepare them for a career in technology and […]
The Birmingham Business Alliance (Alliance), in partnership with Jefferson and Shelby Counties, is leading an effort to spur job growth in the bioscience industry throughout the seven-county Birmingham region. The U.S. Department of Commerce’s Economic Development Administration (EDA) Disaster Recovery Program awarded funds for the execution of a bioscience market intelligence study, strategy and implementation […]
United Launch Alliance’s (ULA) Atlas V rocket is set to power the next important mission for NASA’s Commercial Crew Program. The Alabama-built rocket is scheduled to launch Boeing’s Starliner capsule on Friday as part of the Orbital Test Flight-2 (OBT-2). The launch is the last uncrewed mission before the spacecraft carries three astronauts to the […]
The Alabama Department of Commerce has launched a marketing campaign to highlight the innovation-rich workforce and seemingly limitless industrial potential of the Yellowhammer State. The digital marketing campaign called “Next” showcases the state’s contributions to fields such as space exploration, national defense, bioscience, advanced manufacturing and mobility technologies. Alabama Department of Commerce Secretary Greg Canfield […]
Alabama veteran and business owner Colin Wayne appeared on Fox News Channel’s “Fox & Friends” on Saturday, urging President Joe Biden to prioritize American manufacturing companies. Wayne, founder and CEO of Redline Steel, believes Biden is missing an opportunity to highlight successful businesses around the country. He was previously selected to represent Alabama at the […]
During a Senate Health, Education, Labor and Pensions Committee (HELP) hearing on Thursday, U.S. Senator Tommy Tuberville (R-AL) voiced his opposition to the PRO Act on the basis that it would undermine worker freedom. The so-called “Protecting the Right to Organize Act” is a Democrat-backed piece of legislation which aims to address issues related to […]
BIRMINGHAM, Alabama – Landing, a fast-growing company building a nationwide network of furnished apartments available to members, today announced a $1 million investment in Birmingham’s expanding tech ecosystem as it hosted officials at an event to unveil its new headquarters. The announcement follows last month’s announcement that the company planned to move its headquarters from San Francisco […]
Birmingham-based Regions Financial Corporation announced its second quarter 2021 earnings on Friday. The company reported net income available to common shareholders of $748 million and earnings per diluted share of $0.77. The company’s total revenue grew 2% compared to second quarter 2020. John Turner, president and CEO of Regions Financial Corporation, sees the opportunity for […]
Teams from NASA and Boeing completed the flight readiness review on Thursday for the Starliner space capsule’s upcoming trip to the International Space Station (ISS). The unmanned Orbital Flight Test-2 (OFT-2) is set to launch from Cape Canaveral Space Force Station in Florida. Giving Starliner a lift will be United Launch Alliance’s (ULA) Atlas V […]
The National Defense Authorization Act (NDAA) for fiscal year 2022 reported out of the Senate Armed Services Committee (SASC) Wednesday night with U.S. Senator Tommy Tuberville (R-AL) securing amendments during the markup process which will play a crucial role in benefiting Alabama’s defense installations and strengthening United States military readiness. Since assuming office earlier this […]
Greek Street is a new addition to the state’s fast-casual restaurant market. Inspired by the fast-paced approach to food found in the urban areas of Greece, Alabamian Keith Richards recently opened the first location for Greek Street in Hoover’s Inverness Village shopping center. Richards has taken his more than two decades of Mediterranean cooking and […]
On Wednesday, Birmingham’s Highlands College announced Hobby Lobby founder and CEO David Green and the Green family donated $20 million, which will fund the institution’s first of two residence halls. Highlands College, a Bible college founded by the Church of the Highlands in 2011, is a self-described “biblical higher education institution” that prepares students who are […]

