Gov. Kay Ivey has clearly established economic development as a top priority for her administration since her first day as Governor, and we’ve certainly seen the return on this investment. Alabama’s economy is strong, industries are thriving, jobs abound, and more businesses than ever want to locate and grow here. Alabama’s contributions to technology and […]

ATHENS — Eight small business finalists are circling the Singing River Trail Launch Tank Competition sponsored by Launch 2035. The public is invited to come and see at 10 a.m. Monday which of the big fish will reel in the grand prize during the final round at Athens State University’s Carter Gymnasium. The contenders for […]

Calhoun Community College is doing its part to boost the state’s automotive industry workforce. The school is offering automotive scholarships to Alabama residents for the fall 2023 semester. Each scholarship is valued at $4,000. According to Calhoun President Dr. Jimmy Hodges, the scholarships are the result of a partnership between the Alabama Community College System […]

Aerojet Rocketdyne Holdings said Thursday its stockholders voted to approve the company’s proposed acquisition by L3Harris Technologies. The vote was 99.7% in favor of the transaction. “The shareholder vote represents a key milestone in the acquisition process, and integration planning is underway,” said L3Harris Chair and CEO Christopher E. Kubasik. “We continue to respond to […]

Appreciating the mutual investment between C Spire and developing fiber infrastructure across the state, the telecommunications company announced CFO Ben Pace is moving to Birmingham. “We have a long-standing commitment to Alabama, and are expanding our services across the state, bringing ultra-fast fiber to rural communities, encouraging private sector broadband investment and leveraging existing resources […]

Elba will be the home to a $5 million electrical transformer facility that will specifically repair and recycle the transformers. “On behalf of the citizens of Elba we are thrilled to have a new corporate citizen in Sunbelt Solomon,” Mayor Tom Maddox said. “The investment and jobs that will be provided bring a great deal […]

EBSCO Industries has joined forces with Longleaf – a partnership between Birmingham Recovery Center and LIV Ventures – to build recovery and mental health wellness centers in three locations across Alabama, the company announced. The partnership agreement will bolster Longleaf’s mission to make mental health services and substance use treatment options more accessible in the […]

Alabama’s preliminary, seasonally adjusted January unemployment rate was 2.6%, unchanged from December 2022’s revised rate, Gov. Kay Ivey’s office announced today. The rate is unchanged from January 2022’s rate and represents 58,411 unemployed persons compared to 59,986 in December and 60,270 in January 2022, Ivey said. “I’m proud to kick off 2023 with a continuation […]

One of the first clients to receive Revio shipments is the HudsonAlpha Institute for Biotechnology. HudsonAlpha will use Revio systems in its plant and animal genomic space to improve crop species. PacBio is a developer of high-quality, highly accurate sequencing solutions for the biotech industry. “We can make a big impact when we scale genomics […]

Thousands of Wiregrass high school students received career guidance during the eighth annual Southeast Worlds of Work at the National Peanut Festival Fairgrounds in Dothan. More than 80 organizations from the region offered a highly immersive hands-on experience to teach students about their businesses and the types of jobs they offer. Exhibitors offered a snapshot of […]

Hoops were jumped and ground was broken for a $200 million, 2 million square-foot Huntsville Logistics Center. Buffered to the west by Gunter’s Way, a new roadway connecting Alabama 20 to old Highway 20, and to the east by County Line Road in Madison, the J.H. Berry & Gilbert industrial team and a handful of […]

Observation Without Limits, headquartered in Huntsville, said it has developed technology to help utility companies protect against orchestrated power grid attacks and routine intrusions resulting in theft, vandalism and other damage. OWL, a spinoff company of Dynetics, was formed to take military-developed radar technology to commercial markets. This technology provides utility companies with real-time situational […]

MELBOURNE, Australia — Alabama-based Cummings Aerospace announced today that it plans to team with an Australian company to develop defense technology solutions that would be produced and distributed in Australia. Cummings Aerospace, headquartered in Huntsville, is among six state firms participating this week in a trade mission organized by the Alabama Department of Commerce to […]

Alabama Power has made leadership changes to “enhance the customer experience and build stronger communities,” the company said Tuesday in a news release. “This group shares a deep commitment to serving our customers and their communities,” said Jeff Peoples, Alabama Power president and CEO. “The expertise and dedication they bring to their roles will help […]

The Jones Group and Miller Development Group have merged to form Jones Miller Group, the companies announced today. The firms have joint offices in the Capitol Complex at 3 North Jackson St. Greg Jones launched The Jones Group in 2005 with just five clients. After nearly 20 years in the business, the firm has amassed […]

A Huntsville company has been awarded a $271 million contract to manage communication services for NASA, the space agency announced. PCI Productions is owned by the Poarch Band of Creek Indians and is an accomplished BBA certified 8(a) support services firm. The company will manage communication services for all agency centers including headquarters, as well […]

MELBOURNE, Australia — An Alabama delegation including six aerospace-focused companies are seeking to make business connections on a trade mission this week to Avalon 2023, the largest aviation, aerospace and defense exposition staged in the Southern hemisphere. The Alabama Department of Commerce is leading the business development mission to the Australian International Airshow Aerospace and […]

The mission of Innovate Alabama is to build a more resilient, inclusive, and robust economy through retention, attraction, and development of talent and resources in entrepreneurship, technology and innovation. On Feb. 28, the Innovate Alabama board of directors met at Troy University to hear a report on the organization’s activities and approve plans for 2023 and beyond. “Today was very productive,” […]

HUNTSVILLE — As company investments enable significant increases in production, Aerojet Rocketdyne has delivered the 830,000th Attitude Control Motor for the Patriot missile system variants, the company said. “We take great pride in our role powering the PAC-3 MSE (Patriot Advanced Capability-3 Missile Segment Enhancement) air defense missile system, and this milestone comes at a […]

Former two-sport collegiate athlete, Aaron Sherrill, has always had a passion for movement, and now he devotes his life to helping others move well, too. Upon graduation from Birmingham-Southern, Sherrill went on to complete his Doctor of Physical Therapy at UAB before starting work as a physical therapist in both an outpatient staff role and […]

More Alabama communities are about to gain access to high-speed internet. Gov. Kay Ivey announced today nearly $25 million in grants will be awarded to expand broadband services throughout Alabama. The nine grants, totaling $24.72 million, were awarded to broadband providers across the state to support projects in unserved or underserved areas of Alabama, Ivey’s […]

Alabama Launchpad is proud to announce that Launch Advisors have selected 10 finalists to participate in Cycle 1 2023. The finalists will compete for a combined $75,000 at a public finale scheduled to take place April 20 in Tuscaloosa. Alabama Launchpad, a program of the Economic Development Partnership of Alabama,  features entrepreneurs in two stages […]

There will be some new life at a former steel mill site in Gadsden. Magneco/Metrel of Addison, Ill., will be investing more than $5 million to refurbish 100,000 square feet of industrial space at the site in Alabama City, also known as the Gadsden Industrial Park, the city said.  On Tuesday, the Gadsden City Council approved […]

The world of finance is ever-evolving and fintech start-up Overflow said it is committed to making sure donation-reliant organizations aren’t falling behind. Overflow reports the average nonprofit cash donation is $128. But, with Overflow’s donation platform, the company said the average stock donation is $10,000. This is because “90% of US wealth is in non-cash […]