Business — Page 58
Million Air of Austin, Texas, has signed a lease with the Birmingham-Shuttlesworth International Airport (BHM) to invest a minimum $32 million to build three new hangars and a terminal, the Birmingham Airport Authority announced. Some of the facilities to be replaced on the east side of the airport were built in the 1960s and 1970s. Million Air operates […]
Mercedes-Benz’s Alabama operation is preparing to take the automaker’s concept of the ultra-luxury automobile to an electrifying new level, with the upcoming production launch of the 2024 Mercedes-Maybach EQS 680 sport utility. Mercedes debuted the head-turning vehicle this week, saying “the Mercedes-Maybach EQS SUV sets the new benchmark in the all-electric top-end luxury SUV segment” […]
As Alabamians and as Southerners, tradition is a huge part of our culture. And no one knows that better than Temple Bowling, part-owner of one of the state’s oldest companies, Golden Eagle. Golden Eagle Syrup has been a staple in Alabama pantries since 1928 when Victor Patterson created the recipe for his now-iconic table […]
The space program recently took another step on its return to the moon. This time, NASA turned to something old to help something new. Aerojet Rocketdyne completed the four RS-25 engines that will power the core stage of NASA’s super heavy-lift Space Launch System rocket during the historic Artemis III mission. The upgraded engines served […]
C Spire is accelerating its already massive growth throughout the Yellowhammer State with its latest move in south Alabama. The broadband juggernaut opened an office and a warehouse Thursday to help its continued fiber expansion in the Baldwin County-Mobile County area. “What we’re doing right now is aggressively expanding fiber connectivity to residents and businesses,” […]
Domestique Coffee and Cahaba Fire Co., two startup companies, recently took home thousands in prize money during Alabama Launchpad’s Cycle 1 2023 Finale. The companies competed against nine other start-ups to win a combined $75,000 in non-dilutive funding. In 2014, brothers Nathan and Michael Pocus opened Domestique Coffee. Its specialty coffees are available at brick-and-mortar […]
The latest unemployment rate hit a record low of 2.3% for March, Gov. Kay Ivey announced today. That figure is down from February’s 2.5% and also below March 2022’s rate of 2.5%. “We’re almost a quarter into 2023, and we are already seeing record-breaking success when it comes to Alabama’s economy,” said Ivey. March’s rate […]
BJ’s Wholesale Club planted its first roots in the Yellowhammer State during a ground-breaking ceremony Thursday in Madison. The company also made a $10,000 donation to the Food Bank of North Alabama. “We are committed to supporting our local communities and providing essential needs to families in need,” said Emily McCann, head of Community Relations […]
The use of economic development incentives by state and local governments is a common practice intended to attract private investment, create jobs, and stimulate economic growth. As academic researchers, our work at the Hoover Institution focuses on studying these incentives, measuring how much local economies benefit after incentives are granted, and evaluating ways to increase […]
With severe storms brewing across Alabama Jan. 12, Alabama Power Distribution Specialist Reid Buster was listening to weather reports on the radio as he drove back to Selma after attending a morning safety meeting in Montgomery. About that time, the forecaster said a tornado was tracking toward Selma Country Club, in the heart of Buster’s neighborhood. […]
For his work in expanding broadband connectivity, State Sen. Clay Scofield received the Guardian of the Small Business Award today in Montgomery. “Senator Scofield has been a strong advocate for small business, and he has taken the lead in working to expand broadband in rural Alabama,” said Rosemary Elebash, state director of the National Federation […]
When you combine Alabama’s space heritage and the Yellowhammer State’s auto racing history, it could prove to be a winner in a new lunar competition. Leidos, a science and technology leader, and its Huntsville-based Dynetics team have formed a promotional partnership with NASCAR, a company certainly known for high speeds. The partnership will be a […]
A new documentary released by Forbes profiles a larger-than-life figure we know well here in Alabama: Jimmy Rane. Over the past half century, Rane scaled a small, backyard lumber treating business into the United States’ largest producer of pressure-treated lumber, bringing in $2 billion per year. The documentary offers a look into the ingenious marketing […]
In response to the critical need for internet access, the Alabama Department of Economic and Community Affairs has developed the Alabama Community Broadband Technical Assistance Program. Through this program, ADECA is providing technical assistance for communities seeking to expand broadband infrastructure and services in all of Alabama’s 67 counties. The following meetings have been scheduled […]
LINCOLN, Alabama — Honda has launched a new facility at its Alabama Auto Plant that is dedicated to the installation of accessory option packages on its vehicles. The $16 million, 66,000-square-foot Post-Production Option facility will house a program that outfits the automaker’s light-truck lineup with features designed to add extra performance and function, including bronze alloy […]
WASHINGTON — Once again, a shot is taken at taken at a proposal to move the U.S. Space Command to Redstone Arsenal. And, once again, Sen. Tommy Tuberville shoots down the incoming criticism. The latest salvo came from the Washington Examiner this week in an editorial, “Keep US Space Command headquarters in Colorado.” “This is […]
A new campaign is charging up support from drivers across the state. The Alabama Clean Fuels Coalition debuted an official Alabama license plate available for pre-commitments now. With new manufacturers taking electric vehicles to market and it being easier than ever to make the switch, a lot of Alabamians are starting to ask good questions. […]
Alabama may soon have another internet service provider for business and enterprise. Uniti Group, specialists in critical communications infrastructure, announced plans to introduce its fiber network into the Yellowhammer State. The Little Rock, Ark.-based company seeks to provide advanced connectivity solutions to business communities and access opportunities for wholesale customers. Uniti expansion plans include Birmingham, […]
The majority of Alabamians would like to see the state grocery tax eliminated, according to a survey by the Alabama Republican Party. The survey polled 1,610 registered voters in the Yellowhammer State on a multitude of topics. In it, 83% of voters who had an opinion on the grocery tax favored eliminating the grocery tax […]
Huntsville, already a leader in national defense, will become home to Marathon Robotics, the country’s first autonomous ground robot production facility for military and police training. The technology is known as an Autonomous Robotic Training System – realistic mannequins on armored robots. They move independently, flinching or lying down when shot, and can also scream […]
The Alabama Marine Resources Division of the state Department of Conservation and Natural Resources is accepting applications for disaster assistance to those affected by freshwater intrusion into areas where heavy marine fishing occurs. The intrusion has cost the Alabama fishing industry and related businesses within the state millions of dollars, the agency said. This new […]
They are the most popular sites in airports, hotels and even restaurants. Now, though, they may also be the most dangerous – financially speaking – places around. We’re talking about public charging stations. The FBI’s Denver office recently tweeted a warning about the stations, saying “Bad actors have figured out ways to introduce malware and […]
Legislation has been introduced that would allow military personnel and military dependents, licensed as cosmetologists in states other than Alabama, to continue practicing their skill and trade within the Yellowhammer State. State Rep. Kenneth Paschal, a veteran, is sponsoring the bill. “Passage of this legislation will ensure that our fighting men and women and dependents […]
Alabama-based Maynard Cooper & Gale and Carolinas-based Nexsen Pruet have officially merged to become one national law firm: Maynard Nexsen. The merger – initially announced in January but made official April 1 – promised a coast-to-coast impact of dynamic practice area expertise between the two firms — now under one roof. In the past three […]

