Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product and serving as a brand ambassador that landed in 73 foreign countries in 2021. More than $7.7 billion in Alabama vehicle exports were recorded in 2021, topping the total from pre-pandemic 2019 by over $1 billion, according to […]

For Alabama-based manufacturer Sealing Equipment Products Co., or SEPCO, selling its mechanical seals, gasketing materials, compression packing and other high-performance products in markets around the world has become a core element of its business. Today, SEPCO ships products to customers in approximately 40 different countries, and Chief Executive Officer Chris Wilder is hoping to expand its exporting […]

While efforts to link the entire world with reliable high speed internet is at full tilt, broadband service providers need modern, open architectures to rapidly deploy and scale multigigabit-capable fiber networks. To directly address that need, Adtran, a Huntsville-based provider of next-generation multi-gigabit fiber solutions has launched its next generation open and disaggregated networking solution. […]

HUNTSVILLE — Robert La Branche has been named vice president of external affairs at the U.S. Space & Rocket Center. His responsibilities include engaging with local, state, and federal leaders to build awareness of the Rocket Center and its programs, and to build partnerships to support them. “It is a high honor to have the […]

Alabama exports are bouncing back from global trade frictions and disruptions caused by the COVID-19 pandemic, which combined to interrupt years of momentum that lifted overseas shipments of Alabama-made goods. While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure […]

SELMA, Alabama — Governor Kay Ivey announced today that Resicum International LLC, which provides flight training and maintenance support to government, commercial and general aviation customers, plans to open an aviation training academy at Craig Field in Selma that will prepare the next generation of industry professionals from around the world. Resicum plans to invest […]

HUNTSVILLE— The U.S. Air Force awarded Boeing a contract worth up to $1.6 billion over 16 years to provide guidance subsystem support for the Minuteman III intercontinental ballistic missile, which is supported at the Boeing Huntsville site. The 16-year contract is expected to be completed by Feb. 1, 2039. Prime contracting work will primarily be […]

A statewide market statistics report referred to as the Alabama Economic and Real Estate Report was announced Monday by the Alabama Association of REALTORS. The announcement came with the release of two issues, the 2022 Annual Report and the December 2022 Monthly Report. Jeremy Walker, CEO of the Alabama Association of REALTORS, discussed the current […]

Alabama’s economy will likely contract in 2023, but just barely, according to researchers at the University of Alabama. Persistent inflation, labor shortages, lingering supply chain bottlenecks and international effects from the war in Ukraine will continue to drag national and state economic growth, according to the annual economic forecast from the Center for Business and Economic Research […]

TUSCALOOSA, Ala. – Alabama’s economy will likely contract in 2023, but just barely, according to researchers at The University of Alabama. Persistent inflation, labor shortages, lingering supply chain bottlenecks and international effects from the war in Ukraine will continue to drag national and state economic growth, according to the annual economic forecast from the Center for Business […]

A promising Birmingham startup that aims to help cancer patients and their families along the difficult treatment journey is recalibrating its growth plans after receiving financial support from the Alabama Innovation Fund. Fighting Cancer Network Inc., which is developing a “cancer companion” app to house informational videos as a resource for patients and caregivers, received […]

Resicum International, which provides flight training and maintenance support to government, commercial and general aviation customers, will be opening a training academy in Selma. “I am proud to stand before all of y’all to announce Resicum International, a world-renowned woman and veteran-owned small business with a global reach, will open an aviation training academy here […]

Alabama’s efforts to extend access to broadband service to unserved areas received a boost Thursday when the U.S. Treasury Department approved the state’s plan for the Capital Projects Fund. The approval makes $191.8 million available for broadband expansion, Gov. Kay Ivey announced. The Alabama Department of Economic and Community Affairs will administer the funds for […]

You’ve seen the “Help Wanted” signs on just about every business around the state and on social media platforms. According to the Alabama Department of Labor’s Labor Market Information Division, you weren’t seeing things. As of December 2022, the yearly comparison of online job ads is 101,036, up 3.9% from December 2021, the division said. […]

The state’s top lawmakers were upbeat on the economy Monday at the Huntsville/Madison County Chamber’s Alabama Legislative Update on Monday. House Speaker Nathaniel Ledbetter was optimistic about the economic forecast for not only Madison County and Huntsville, but Alabama as a whole. “Never in my lifetime have I seen our economy grow at the pace […]

AUBURN – A Michigan-based biomedical device company has created a novel imaging tool that better detects cancer in women with dense breast tissue, and an Auburn University Harbert College of Business graduate is leading the charge to deploy the imaging technology nationwide. Developed by Delphinus Medical Technologies, the FDA-approved SoftVue system uses a water-based scanning technique and […]

MOORESVILLE – Based loosely on the business reality television show “Shark Tank,” and building on the success of last year’s program, Launch2035 is accepting applications for the second annual Singing River Trail Launch Tank. The program is open to entrepreneurs who reside within the eight-county Singing River Trail footprint: Madison, Limestone, Marshall, Morgan, Colbert, Jackson, […]

Groundbreaking modeling from The University of Alabama is credited with assisting in the identification of dozens of potential sex trafficking victims in Alabama, according to new research detailed in the INFORMS Journal on Applied Analytics. The modeling focuses on data collection and analysis of online sex ads, which led to the identification of trafficking locations and […]

BIRMINGHAM – Families in Huntsville and Mobile now have access to a reliable babysitting solution. Birmingham-based Wyndy College Babysitters, an app that simplifies the process of sourcing, booking, and paying vetted babysitters, has expanded into Huntsville and Mobile the company said. The company also provides valuable earning potential for its sitters, college students, as a […]

DECATUR – Though made for space travel, the United Launch Alliance Vulcan Centaur rocket is nearing the of its water journey. The giant rocket, recently loaded onto the R/S RocketShip outside of ULA’s rocket factory in Decatur, is completing its 2,000-mile voyage to Cape Canaveral Space Force Station in Florida. “The first Vulcan is complete, […]

BIRMINGHAM, Alabama — Leading patient-engagement company Pack Health, a Quest Diagnostics company, today announced plans to add at least 200 new full-time employee positions through an expansion at its Birmingham facility that will create a significant economic impact in the region. As a result of the company’s growth throughout the COVID-19 pandemic, when many turned to virtual care […]

ATHENS, Alabama — Morgan Metals Inc., an Athens metal manufacturing company, plans to expand its North Alabama operations in 2023, according to an announcement by the Limestone County Economic Development Association. Morgan Metals President Patrick Townsend says the growth plans will allow the company to serve the growing number of industries in the region. The expansion […]

Though Alabama’s unemployment rate ticked up in December from November, the number of those employed reached an all-time high, the governor’s office said today. Alabama’s preliminary, seasonally adjusted December unemployment rate is 2.8%, up from November’s rate of 2.7%. The rate a year ago December was 3.1%. Last month’s rate represents 63,412 unemployed people. “As […]

For the second consecutive year, the Regional Workforce Development Rankings have placed Alabama the No. 1 state in the South Central region for overall employment climate. The rankings are conducted by Site Selection magazine, an international business publication reporting on economic development within the U.S. The analysis recognizes states that performed well in a set […]