Birmingham-based Regions Bank, the largest bank in the state according to the Federal Deposit Insurance Corporation (FDIC), has for the fourth year in a row been recognized as a Military Friendly Employer. The designation comes from Military Friendly, an organization that grades companies and corporations willingness to provide veterans with jobs that utilize their prior […]

From rubble will rise EARTH. The East Alabama Rural Innovation & Training Hub (EARTH), which will be constructed on the historic Avondale Mills site, will offer the same promises as its predecessor. “The site years ago is where people originally found opportunity, hope, work, and learning. Today’s world still begs for the same things. EARTH will answer […]

Alabama’s 2023 Small Business of the Year award winners were announced Wednesday at a combined annual meeting and ceremony hosted jointly by the Business Council of Alabama (BCA) and the Chamber of Commerce Association of Alabama at The Club in Birmingham. “The Small Business of the Year Awards exist to recognize, celebrate, and promote small […]

Whether representing the more metropolitan areas or the charming smaller towns, Alabama REALTORS® are known for their willingness to help clients without reservation. We had the opportunity to get to know 5 of Alabama’s most respected REALTORS® from all across the state. We asked each of them a few questions to get to know them, […]

As broadband access becomes increasingly important for every day life and business throughout the world, the state of Alabama is keeping in step by providing some of the state’s most underserved and under connected areas with reliable high speed internet. To promote the progress being made, Governor Kay Ivey is currently on what her office […]

In 2010, when Republicans gained a majority in the Alabama Legislature after 135 years of Democratic control, they inherited all the legacy problems facing the state, including high joblessness, low household income, and high rates of poverty. In large measure, the GOP solution was economic development. The state reformed and increased its economic incentives package […]

Alabama-based Oakworth Capital Bank is being recognized by the finance-focused outlet, American Banker. The publication recently ranked Oakworth Capital as the “Best Bank to Work For” in the country for the 6th year in a row. “This ranking is a direct reflection of the work of our associates,” said Scott Reed, chairman and CEO of […]

For some, the Credit Card Competition Act making its way through Congress would introduce competition in the credit card payment processing sector, primarily handled by major networks like Visa and Mastercard. For others, if the proposal became law, the implications would be “disastrous.” The Alabama Credit Union Association (ACUA) says a recent report by Cornerstone […]

The Alabama Robotics Technology Park in Decatur, Alabama is set to be the home of a new $30 million training center with a focus on electric vehicles and emerging technologies within the auto industry. The Alabama Department of Commerce announced the news Monday. “The auto industry is being confronted by the strong headwinds of disruptive […]

Bunkers, Auburn’s first-of-its-kind cocktail bar, restaurant, and indoor golf simulator, has just opened. The concept was developed by Plainsmen Consulting, the team behind many of Alabama’s well-known establishments including Collins Bar, Cayo Coco, and Local Roots. The beverage menu, created by award-winning beverage director Josh Schaff, showcases unique spins on familiar cocktails like the Frozen […]

Small businesses are “the engine that drives our economy.” And for no small reason. Alabama’s 422,518 small businesses make up 99.4% of the state and employ 818,234 people – 46% of all Alabama employees. They are our neighbors, friends, relatives and employers and employees. To recognize the importance of small businesses, Gov. Ivey proclaimed Saturday […]

QuantHub, a Birmingham-based startup, is joining forces with Innovate Alabama to launch an internship program that will prepare students for careers in data science and artificial intelligence (AI). The duo will collaborate with the Alabama State Department of Education to introduce approximately 38,000 students to QuantHub’s advanced training software within the next year. Joshua Jones, […]

The Birmingham Business Alliance held their inaugural Regional Economic Development Summit at the Historic Greyhound Bus Station last week in downtown Birmingham. The keynote speaker at the Summit was Alabama Commerce Secretary Greg Canfield. Canfield, who is retiring at the end of the year, reflected on the economic growth that catalyzed in the state during […]

This year marks a significant milestone for ConcertIDC, a custom software development company based in Birmingham, as it celebrates its 10th anniversary. Over the past decade, the company has grown from a local startup to an international player in the tech industry. Tanveer Patel started ConcertIDC in 2013. At the time, the company focused on […]

A team of students from the University of Alabama will compete in a premier national competition to design, build, test and integrate an advanced battery pack into a commercial electric vehicle. UA is one of 12 North American universities selected for the Battery Workforce Challenge collegiate competition. It is managed by Argonne National Laboratory for […]

The Nucor steel plate mill in Tuscaloosa will undergo a $280 million modernization, the company announced Friday. The investment will enable Nucor Steel Tuscaloosa to strengthen its ability to serve key market segments that are part of the overall Plate Mill Group strategy, Nucor said in a news release. “We continuously invest in our teammates […]

The Public Affairs Research Council of Alabama (PARCA) is a nonpartisan research organization focused on helping state and community leaders make better-informed public policy decisions. After several years of consecutive growth, a new analysis of state tax revenues predicts the era of big budget increases may be coming to an end. The Public Affairs Research Council of […]

Boeing held a ceremonial groundbreaking Monday for a $100 million plant expansion expected to increase production for a Patriot missile system component by some 30%. The Patriot Missile system uses sophisticated technology to shoots down rockets, aircraft, and enemy incoming missiles. The Boeing-built Patriot Advanced Capability (PAC-3) seeker provides guidance data to the PAC-3 interceptor […]

In an effort to help alleviate the financial strain and inconvenience of unexpected home repairs, Alabama Power is collaborating with HomeServe, a leading provider of home repair solutions. The venture will offer residential customers a comprehensive repair service program, easing the challenges often associated with urgent home maintenance issues, Alabama Power said. “When something goes […]

Year by year, Mobile is increasingly recognized for its dominance as a business and manufacturing hub supporting not only Alabama — but the global economy as a whole. Gener8tor, a global venture firm and startup accelerator, announced a partnership with Innovation Portal, supported by the Innovate Alabama tax credit, to create the gBETA Gulf Coast […]

WASHINGTON — Build Up Birmingham is the winner of the 2023 Housing Affordability Breakthrough Challenge. The unique workforce development high school combines academics with paid construction and real estate internships with opportunities for students to become homeowners and build generational wealth. Build Up Birmingham competed in the Housing Affordability Breakthrough Challenge, sponsored by The Wells Fargo […]

Every year, YHN Media Group honors 20 women who have made a significant impact in the state of Alabama through business, government, or non-profit sectors. This event is a celebration of strong women who shape and propel Alabama. Past recipients include Irma Loya Tudor, Analytical Services Inc. founder, former CEO and board chair; Merceria Ludgood, […]

Lockheed Martin opened a $16.5M engineering facility at its Huntsville campus Tuesday, introducing more capabilities for missile defense innovation in Alabama. The 25,000 square-foot Missile System Integration Lab is where Lockheed Martin plans to conduct development, testing, and system integration for the nation’s next long range ballistic missile defense interceptor – the Next Generation Interceptor for the […]

Fiber Utility Network Inc. (FUN), a coalition of eight electric co-ops, their subsidiaries, and partners, announced major plans for the group Tuesday. To more accurately reflect its role in the expansion of middle-mile broadband throughout the state, FUN will now be known as the Alabama Fiber Network (AFN). Tom Stackhouse, AFN Chairman and Central Alabama […]