Business — Page 38

In his second year as a Shareholder in Maynard Nexsen’s complex litigation practice group, attorney William Bloom will now serve clients in the firm’s Montgomery office in addition to Birmingham, the firm recently announced. Bloom, who has already established a decorated legal career for himself at a young age, represents clients both public and private […]

Alabama’s leaders have made broadband access a top priority, and together, we have invested significant resources to achieve this goal.  The early efforts of former Senator Clay Scofield and Representative Randall Shedd established the Alabama Digital Expansion Authority. Alabama’s investment in our Broadband Accessibility Grant Program helped us understand the intricacies of identifying truly unserved […]

A new "cutting-edge" storage warehouse facility, with an expected $1.2 million economic impact, is coming to the Port Birmingham terminal.The Birmingham Jefferson County Port Authority (BJCPA) announced the news earlier this week.

State and industry leaders gathered Monday at the Alabama Mobility and Power (AMP) Center in Tuscaloosa to discuss the center’s work to support Alabama’s automotive industry through research and innovation in the electric vehicle (EV) space. The AMP Center is a world-class research and development hub for creating and sustaining modern mobility and power technologies, […]

Alabama housing market showing positive trends in 2024

As the summer comes to an end, Alabama’s real estate market is showing promising growth – and that growth doesn’t seem to be slowing down anytime soon. According to Alabama REALTORS® July 2024 Alabama Economic and Real Estate Report, home sales reached 6,136 in July, up 0.9% from last year and a significant 13.1% from […]

Brasfield & Gorrie, a Birmingham-based construction company with a monolithic footprint nationwide, announced the culmination of a leadership transition years in the making. Current CEO Jim Gorrie, along with Founder and Chairman Miller Gorrie, will remain actively involved in the leadership of the company. Rob Blalock, now President of Brasfield & Gorrie, will become CEO […]

Award-winning developer of digital technologies, Camgian, was recently awarded a more than $23 million contract by the U.S. Army to provide it with counter-unmanned aerial systems for use in combat.

Alabama Lt. Governor Will Ainsworth flexed his Birmingham roots in an address last week to the Birmingham Business Alliance. He overviewed a wealth of legislative accomplishments during the 2024 legislative session and spoke to the opportunities that are being created for the region’s business community and residents. Ainsworth praised the strides Birmingham and Jefferson County […]

A key piece of space flight hardware, manufactured at Alabama’s Marshall Space Flight Center, is on its way to Kennedy Space Center in Florida for the first crewed mission of NASA’s Artemis program. Marshall workers in Huntsville rolled out the launch vehicle stage adapter (LVSA) for Artemis II and loaded it on NASA’s Pegasus barge […]

A new all-electric semi truck will be transporting Honda vehicles from a Lincoln, Alabama plant to a nearby rail head for shipment to destinations throughout the world.

The Harris campaign’s economic plan includes a national law against price gouging and excessive profits in the grocery industry. Are grocery stores gouging consumers and can price controls prevent inflation? Attributing inflation to a sector or corporate greed is dubious. As the great economist Milton Friedman observed, “Inflation is everywhere and always a monetary phenomenon.” […]

Alabama’s rural communities are on the brink of significant economic expansion, fueled by strategic investments and targeted policies designed to create jobs and enhance infrastructure. “To ensure that we expand opportunities everywhere, my administration is committed to helping spark revival and growth in the state’s rural communities,” Governor Kay Ivey said. “While there is much […]

Auto manufacturing has become a key industry in Alabama crucial to its economic success. With multiple manufacturing facilities now operating across the state, the industry is on track to continue its trend of steady growth.

Earlier this summer, Alabama Fiber Network, responsible for deploying critical middle-mile infrastructure throughout all 67 counties of the state, announced the selection of its inaugural CEO, Terry Metze. Since then, Mr. Metze has been focused on building out the organization, AFN reports. “I am proud that some of the brightest professionals in the telecommunications industry […]

A group of Alabama business and elected officials visited the South Alabama Mega Site recently where they toured the construction site of the Novelis aluminum recycling and rolling mill. Novelis broke ground on the development in 2022, which marked a major milestone for Baldwin County as a historic economic development win for the state. Currently, […]

A groundbreaking event today in Baldwin County celebrated phase one of a 900-acre industrial development project that will eventually provide 12 million square feet of Class A industrial space to become the largest and closest site to the Port of Mobile. Elected officials and local business leaders shared the excitement today in Loxley as ground […]

Congressman Robert Aderholt stopped by Harrison Construction’s Tuscaloosa job site at DCH Regional Medical Center on Monday. Aderholt (R-Haleyville) made the visit as part of the 2024 Associated Builders and Contractors of Alabama Congressional Hard Hat Tour.

Forbes ranks Alabama's top 45 employers for 2024

Forbes released its annual “Best-In-State Employers” for each state, in partnership with market research firm Statista for the year 2024. According to Forbes, more than 160,000 employees working for companies with at least 500 people within the United States were surveyed. Participants were asked how likely they were to recommend their employer on a scale […]

Two HudsonAlpha Faculty investigators have been awarded a 5-year, $3.5 million grant from the National Institutes of Health. With the new funding, scientists Nick Cochran, PhD, Rick Myers, PhD, and Danielle Swaney, PhD, will work to gain a better understanding of dementia, including Alzheimer’s disease and frontotemporal dementia. The two degenerative diseases are characterized by […]

Alabama’s two U.S. Senators, Tommy Tuberville and Katie Britt, are commending the state’s leadership in the forest products industry after a recent study by Jacksonville State University’s Center for Economic Development and Business Research indicated that the industry supports more than 123,000 jobs and contributes $36 billion annually to the state’s economy. “Almost every wood […]

U.S. Rep. Mike Rogers visited a Goodgame Company job site at Associated Metal Cast in Oxford on Wednesday as part of the Associated Builders and Contractors (ABC) of Alabama’s 2024 Congressional Hard Hat Tour. During his tour, Rep. Rogers (R-Saks) spoke with industry leaders and frontline construction workers about the construction industry’s issues. The discussions […]

Airbus delivers 500th aircraft assembled in Mobile

Airbus has achieved a significant feat after delivering its 500th aircraft assembled on-site at its Mobile manufacturing facility. The corporation first began producing aircraft at the location in 2016.

Four alumni of Auburn University have recently been elected to the Alabama Business Hall of Fame class of 2024. Rob Burton of Birmingham, Alabama (Building Science ’79); Raymond J. Harbert of Birmingham, Alabama (Business ’82); Thomas A. Harris of Hope Hull, Alabama (Business ‘71); and Thomas H. Lowder of Birmingham, Alabama (Business ‘72) will be among seven […]

Senator Katie Britt is working hard to make sure that the Port of Mobile is both a vital economic artery for the region and a place of protection for its natural resources.  Over the past year to achive the goal, she has been working with the Alabama Port Authority and the U.S. Army Corps