Business — Page 59
This is Torch Technologies' eighth consecutive year being recognized for the prestigious Best Places to Work Certification.
A recent expansion at Covington County’s South Alabama Regional Airport illustrates rural Alabama’s contributions to the aerospace/aviation industry.
Austal USA recently held a keel laying ceremony at the company's Gulf Coast shipyard for the USS Pierre, an Independence-variant Littoral Combat Ship that the company has been commissioned to build by the US Navy.
Two companies based in the Birmingham area are utilizing technology to make addiction treatment more accessible and easier for patients.
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 that is designed to help startups within the AgTech industry is set to take place at the U.S. Space and Rocket Center. The event, the AgTech Investment Accelerator Showcase, will feature five startup companies including Terra Bioforge, Khepra, OmniVis, SAVRpak and Bloom Labs.
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 the 2023 Paris Air Show.
Huntsville’s Freedom Real Estate & Capital is a full service real estate company that offers flexible services tailored to the specific needs of each owner.
Alabama’s unemployment rate for May remained at a record low of 2.2%, the same as April’s rate, and significantly lower than the 2.5% reported in May 2022, Gov. Kay Ivey announced Friday. The 2.2% unemployment rate signifies 51,445 unemployed individuals in the state, slightly down from 51,448 in April and significantly lower than the 57,866 […]
Mobile based Silver Ships Inc. has been awarded a massive Naval contract worth as much as $48.25 million the company announced Wednesday. The contract specifies that the corporation will construct and deliver as many as 246 High-Speed Maneuvering Surface Target (HSMST) custom vessels to the Navy.
It appears that Senator Tommy Tuberville will soon be losing a top member of his staff. William & Jensen, a leading independent law firm based in Washington D.C., has announced that it has hired Jordan Mills, Tuberville's Regional Director, as its Senior Director of Government Relations.
Wellborn Cabinet Inc., an Alabama based family owned manufacturer, is set to begin a $17 million expansion project in Oxford. Don Hopper, executive director for the Calhoun County Economic Development Council (EDC) discussed the role team work played in getting Wellborn to open up in Oxford and was excited for the company to begin operations.
A small business based in Huntsville has become the latest company in the North Alabama area to receive a multi million dollar contract from the US military. Arrow's Edge LLC was recently awarded a $200 million contract by the US navy.
A combined partnership between the Alabama Power Company, Spire, and the Birmingham Urban League has produced a regional pre-apprenticeship initiative. The new initiative will be part of the Urban Energy Jobs Program, which was formed through a collaborative effort between the National Urban League (NUL) and the Center for Energy Workforce Development (CEWD).
As the author Emily McKay providentially said, “when you’re lucky enough to catch lightning in a bottle, you put the lid on as fast as you can.” The Legislature caught proverbial lightning in a bottle with the passage of the Alabama Credential Quality and Transparency Act (Act 2023-365) sponsored by Rep. Terri Collins and championed […]
Montgomery Whitewater, a $75 million dollar water park, is defying expectations by still opening on schedule after the company lost $20 million in expected state funding.
Two Birmingham based companies have made the prestigious annual Fortune 500 list. Both Regions Financial and Vulcan Materials were among the list that featured some of the largest and must successful corporations in the entire country.
One of North America’s largest wire and cable producers announced plans for an expansion of its manufacturing campus in Florence, Alabama.
“With growth like this in Montgomery, it is no surprise Alabama ranks among the top 10 states for doing business”
Making good on a promise, Gov. Kay Ivey signed legislation Friday to lower the prepaid sales tax burden on hundreds of small businesses in Alabama. In her State of the State Address, Ivey called on lawmakers to adopt this legislation. The bill – House Bill 77 – increases the threshold for submitting estimated monthly sales […]
From the early detection of skin cancer to next-generation energy solutions to financial technology and robotics, Alabama Launchpad has announced finalists for Cycle 2 2023, setting the stage for an entrepreneurial showdown. In August, those 11 handpicked finalists will take the stage in Auburn to compete for a share of $75,000 in startup funding. Alabama […]

