Construction Forms has acquired Birmingham-based Tricon Wear Solutions, the company announced Monday. Tricon is a manufacturer of abrasion, wear-resistant products, specializing in highly engineered steel plates and other fabricated products. Construction Forms is a portfolio company of H.I.G Capital. Todd Plate, president and CEO of Tricon, praised the companies “shared vision.” “Both companies have a […]

HUNTSVILLE – In the United States, cancer is the second leading cause of death, behind heart disease. When it comes to cancer treatment and survival, two significant challenges can arise: metastasis and chemoresistance. Metastasis is the process by which cancer cells spread from the primary tumor to other parts of the body. This can happen […]

Core Industries plans to invest $8.75 million to construct a processing and storage facility at its port facility in Mobile County to support a contract to handle wood pellets for CM Biomass, according to the Mobile Chamber and the Industrial Development Authority. As part of its agreement with CM Biomass, Core Industries will receive, store […]

June’s job numbers are in – showing continued positive trends.  Alabama Department of Labor Secretary Fitzgerald Washington announced today that Alabama’s preliminary, seasonally adjusted June unemployment rate held steady at a record low 2.2%. June’s rate is well below June 2022’s rate of 2.6%. The rate represents 50,427 unemployed persons, a record low, compared to […]

Montgomery has gained a “world class fiber network” which is expected to grow the city’s technological relevance within the state of Alabama. The company providing the new fiber network, C-Spire, has already made nearly 2,000 homes and more than 400 businesses in the Montgomery area fiber accessible. “C Spire’s fiber network expansion to Montgomery will […]

It isn’t something Alabamians don’t already know, but it is always good to get affirmation of those beliefs. A new study complied from current U.S. Bureau of Labor Statistics data, found that Alabama has the No. 7 best job market in the nation in 2023. So, boom! There it is. The study, Best & Worst […]

Each year, July 20 marks the anniversary of one of humanity’s biggest triumphs: Landing on the moon. On this day in 1969, American astronauts Neil Armstrong and Buzz Aldrin became the first humans to experience that “giant leap for mankind.” Few events in history capture the imagination as vividly as the launch of Apollo 11, […]

According to the Federal Trade Commission, a record $3.82 billion was stolen through investment fraud in 2022, making it the No. 1 costliest type of fraud in the U.S. Alabama ranks No. 24 on the list of states, having lost $21 million, the study said. Victims in Alabama lost an average of $131,533, the No. […]

ORLANDO – Universal Engineering Science has expanded its Southeast footprint with the acquisition of Huntsville’s geotechnical and environmental engineering company GEO Solutions. GEO Solutions projects include Bridge Street Town Centre, Town Madison, Clift Farm, Village of Providence, United Launch Alliance, The Alabama School for Cyber Technology and Engineering, and the Jordan Lane/Blake Bottom Road interchange. […]

Alabama Power was recently recognized for excellence by the Southeastern Electric Exchange (SEE) for two projects. The company was honored during the 2023 SEE Conference with an Industry Excellence Award in the distribution category for work on the Green Valley distribution underground project. The two-year project, in the Green Valley neighborhood of Hoover, involved installing about 33,000 linear […]

AIDT, Alabama’s primary workforce development agency, is accelerating its efforts to expand employment in the state’s auto industry by reviving a multistate campaign to attract a new generation of workers for the fast-growing sector. AIDT is relaunching its Shift campaign, which debuted in March 2022, to help fill more than 11,000 career opportunities now available […]

Birmingham-based ServisFirst Bank is the No. 3 bank nationwide in its category, according to Capital Performance Group and American Banker. The company’s ranking is among the top publicly traded banks with between $10 billion and $50 billion in assets, based upon year end data from 2022. The rankings were compiled through a partnership of Capital […]

The Birmingham Business Alliance has partnered with Development Counsellors International to share positive stories of the Birmingham area “with the world.” “It’s often been said that if we could get someone to visit Birmingham, they would see the overwhelmingly positive quality of life here and choose to stay as a result,” said Steve Ammons, president […]

Alabama Power CEO Jeff Peoples and PowerSouth Energy CEO Gary Smith have been appointed to the Lieutenant Governor’s Commission on 21st Century Workforce, Lt. Gov. Will Ainsworth announced today. The commission was created in 2019 to assess Alabama’s workforce and make recommendations that will increase its competitiveness with other states. The panel released its initial […]

Alabama businesses now have access to a solution that will help strengthen the local and domestic manufacturing supply chain. The Alabama Technology Network (ATN), the state’s manufacturing extension partnership, announced the launch of CONNEX™ Alabama, a powerful online manufacturer database and connectivity platform provided for Alabama manufacturers. It’s designed to help manufacturers connect, find local and […]

HERNDON, Va. — Akima, an Alaska Native Corporation, has acquired Huntsville-based Pinnacle Solutions, the company said. Akima is a Virginia-based government contractor with offices in Huntsville’s Cummings Research Park. Pinnacle Solutions will operate as a wholly owned subsidiary of Akima, with Tina Tucker retaining her role as president of the company. She said Pinnacle brings differentiated mission […]

It appears that there’s a new beermeister in the U.S.A. Bud Light, an established and well known American beer, has been beaten out of the first place spot for highest sales in the country for the first time in years by Modelo Especial, a beer native to Mexico. Bud Light reigned supreme over a market […]

The Yellowhammer State looks like it might be receiving an additional railroad interchange and freight corridor adding to its already booming economy. The new corridor will serve to connect Mexico, Texas, and much of the southeastern United States. The new corridor is a product of an agreement between Canadian Pacific Kansas City, CSX Corp., and […]

Bank of America recently announced Alabama is one of nine new markets in the company’s three-year renovation plan for expanding their financial center network. Bank of America said it plans to open its first Alabama financial center in Birmingham in 2024, with plans to open five by the end of 2026. In North Alabama, the […]

Imunon, a clinical-stage biotechnology company, unveiled its Good Manufacturing Practices clinical materials production facility recently. The operations are at the Huntsville campus of the HudsonAlpha Institute for Biotechnology. The new facility will provide Imunon with additional control over the quantities and costs of manufacturing non-viral DNA-based materials used in its research and development activities, the […]

HUNTSVILLE – It was an innovative Biergarten evening at the Davidson Center for Space Exploration at the U.S. Space & Rocket Center recently when start-up business accelerator gener8tor sponsored the second AgTech Accelerator Showcase. Hosted by the HudsonAlpha Institute for Biotechnology, it seemed appropriate for cutting edge-technologies to be presented in the shadow of the […]

Southern Research, an Alabama company that’s been innovating for over 80 years, received a $20 million investment they say will accelerate the growth of the state’s biomedical industry and access to clinical trials.  The initiative is made possible by $1 billion in American Rescue Plan Act (ARPA) approved during a special session of the Alabama […]

HUNTSVILLE – Lockheed Martin, through its Next Generation Interceptor program, is working with three small businesses to strengthen its defense industrial base. This is part of the Department of Defense Mentor-Protégé Program, which encourages prime contractors to serve as mentors in developing the technical and business capabilities of small businesses. Through the program, the Missile […]

EPES, Alabama — Bethesda, Maryland-based Enviva Inc., the world’s leading producer of sustainably sourced woody biomass, recorded a milestone recently with a ceremony to mark the official start of construction on a wood pellet plant in Sumter County. Governor Kay Ivey joined Enviva executives and community leaders at the groundbreaking event last week at the […]