Business — Page 53
Taking full advantage of Alabama’s natural resources and recreational assets was high on the priority list as leaders with Innovate Alabama met, fittingly, this week at Oak Mountain State Park in Pelham. With the broad goal of helping nurture Alabama’s innovation economy, the Innovate Alabama board approved 13 recommendations for enhancing outdoor recreation resources throughout the state. The recommendations […]
Gov. Kay Ivey announced Friday four of Alabama’s metropolitan areas are ranked among the lowest in the nation in unemployment for May 2023. For the third consecutive month, the Birmingham–Hoover metro area was ranked the lowest in the nation in unemployment – at 2.0% – for a metro area with a population of 1 million […]
Buy in a safe location Safe Wise released a study this year combatting property crime rates by dissecting fear vs. reality. In this study, they named the top 20 safest cities in Alabama. Alabama REALTORS® throughout the state provide geographic expertise in these cities to help buyers find a home they will feel comfortable in. […]
88,060 jobs. 968,704 vehicles produced. $14.2 billion in new investment. Those are just the highlights of Alabama’s role in the international automaking industry. A 2023 economic impact report released by Autos Drive America and the American International Automobile Dealers Association (AIADA) is showcasing Alabama’s connection to automakers, dealers and the international economy. Major players such […]
Buy in a safe location Safe Wise released a study this year combatting property crime rates by dissecting fear vs. reality. In this study, they named the top 20 safest cities in Alabama. Alabama REALTORS® throughout the state provide geographic expertise in these cities to help buyers find a home they will feel comfortable in. […]
Alabama Secretary of State Wes Allen and the Alabama Securities Commission issued a warning to state business owners Tuesday about a scam involving fraudulent, official-looking mailers from a group posing as the SOS office. The mailers falsely claim that businesses are required to pay a fee of $90 or more to receive a copy of […]
HudsonAlpha Institute for Biotechnology has grown its Southeast Alabama staff to three with the naming of Ann Marie Carr as economic development associate for HudsonAlpha Wiregrass. Carr is responsible for coordinating the Economic Development Mission’s work for the Wiregrass region’s entrepreneurship and recruitment with a focus on agricultural and agtech sectors. She was the executive […]
Buy in a safe location Safe Wise released a study this year combatting property crime rates by dissecting fear vs. reality. In this study, they named the top 20 safest cities in Alabama. Alabama REALTORS® throughout the state provide geographic expertise in these cities to help buyers find a home they will feel comfortable in. […]
Along with every state and U.S. territory, Alabama has resumed checking eligibility for all Medicaid members for the first time since the COVID-19 pandemic began. To address the concerns of Medicaid recipients, Blue Cross and Blue Shield of Alabama said it is offering guidance, education, and health insurance options to Alabamians who are no longer […]
C Spire has completed the rebranding of Troy Cablevision, the telecom company announced today. In a news release, the company said the acquisition – which was announced in 2021 – has accelerated its fiber-based expansion throughout Alabama, providing ultra-fast broadband internet access and related services. The Troy Cable brand has become C Spire – all […]
The state will receive $1.4 billion to boost ongoing efforts to expand broadband access to unserved areas, Gov. Kay Ivey announced today. The National Telecommunications and Information Administration today released the state allocations from the from the U.S. Department of Commerce’s Broadband Equity, Access and Deployment program. The Alabama Department of Economic and Community Affairs, […]
The United Community Bank Foundation, driven by employees of United Community bank, has donated $20,000 to four nonprofit organizations in Alabama. The funds are recommendations from employees of the bank to organizations in their local communities that are important to them. The four organizations, the Princess Theatre for Performing Arts in Decatur; the Huntsville Museum […]
Economists debate whether typical Americans are better off now than 50 years ago. The debate concerns the reliability of the Consumer Price Index (CPI). The Cost of Thriving Index (COTI) from American Compass and Oren Cass think tank contends that middle class prosperity is becoming unaffordable for American families. Cass gained attention with the publication […]
PARIS — The Alabama Department of Commerce team wrapped up its mission to the 2023 Paris Air Show on Wednesday after gaining strategic insights into the dynamic trends reshaping the aerospace industry and uncovering potential new growth projects that could bring investment and jobs back home. Commerce Secretary Greg Canfield said he and his team […]
Recent statistics show that, on average, 49% of employees nationally say the company where they work is a great place. Whether that number sounds low or high to you, consider that 92% of the nearly 1,500 current Torch Technologies’ employees, recently reported in secret employee surveys Torch exudes a positive internal culture, making it a […]
ANDALUSIA — A recent expansion at Covington County’s South Alabama Regional Airport illustrates rural Alabama’s key contributions to the state’s growing aerospace/aviation industry — and reflects a primary economic development focus for the region. A major Australian helicopter firm, McDermott Aviation, and its longtime U.S.-based business partner, Isolair Inc., announced plans to open at the […]
A recent keel laying for Austal USA had “added significance” for the Independence line of Littoral Combat Ships. The ceremony for the USS Pierre marked the final time an Independence-variant LCS will be built in Mobile. “Keel laying represents a major milestone in the construction of a ship,” said Dave Growden, vice president of new […]
Two Birmingham-area companies are at the forefront of addiction treatment with technology to make it more accessible and easier for patients. Birmingham Recovery Center in Hoover and Birmingham-based Clearlee have partnered to provide substance use disorder treatment that makes dealing with addiction a little easier. According to the state, about one-fourth of the population has […]
With a workforce of “unmatched grit,” Gadsden will be the home of a micro-modular reactor manufacturing facility. Seattle-based Ultra Safe Nuclear Corp. said it plans to invest $232 million to locate a facility in Gadsden to produce its industry-leading Micro-Modular Reactor. The highly automated MMR Assembly Plant (MAP) will manufacture, assemble, test and inspect the […]
An event designed to help startups within the AgTech industry is set to take place Thursday at the U.S. Space & Rocket Center. The AgTech Investment Accelerator Showcase will feature five startup companies – Terra Bioforge, Khepra, OmniVis, SAVRpak, and Bloom Labs. Each company will present its work to attendees, who can attend the event […]
Aerojet Rocketdyne in Huntsville was awarded a two-year, $23.8 million contract by Lockheed Martin to provide motors for the Javelin missile, which is built in Troy. Javelin is a versatile, one-person, portable, and multi-purpose weapon system that provides the capability to defeat a broad spectrum of threats under all conditions. Aerojet Rocketdyne produces the motor […]
Dynetics of Huntsville has completed a large-scale test for its Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) program, Leidos announced. The program increases the speed of testing for commercially available hypersonic systems. The program also called for the creation of an experimental glide body that will allow the team to gather data on and validate […]
Commerce Secretary Greg Canfield is leading a group of economic development specialists from across Alabama at the 2023 Paris Air Show as part of a strategic effort to accelerate growth in the state’s important aerospace and defense sector. Canfield said the Paris Air Show represents a prime opportunity for the Alabama team to engage in scheduled […]
Leading Alabama educators will discuss the state’s extensive aerospace workforce development resources during a panel discussion at next week’s 2023 Paris Air Show, the industry’s premier trade event this year. The panel discussion, titled “Made in Alabama: Tapping into the Aerospace Workforce Pipeline” will be held at The Forum space within the U.S. Pavilion at […]

