Business — Page 65

Rocket City Electric Bike Rentals wins Launch Tank competition

The drama and anticipation were soon replaced with humor when founders of Rocket City Electric Bike Rentals won the Singing River Trail Launch Tank pitch competition.

‘Made in Alabama’ brand marks 10 years of sharing state success stories

The Alabama Department of Commerce’s “Made in Alabama” brand is marking a significant milestone that helped propel a robust period of economic development.

Ambition, drive and a rock ‘n’ roll vision helped two Auburn graduates build a global outdoor lifestyle brand.

Epsilon Industries plans Alabama manufacturing facility with 180 jobs

Canada-based Epsilon Industries plans to open a production facility in Tuscaloosa through a project that will create 180 jobs.

Drake State students printing 3D lunar structure

With an eye to the moon, students at Drake State Community & Technical College are using robotics to 3D-print a structure that could be used as a lunar habitat.

A shortage of qualified meat cutters is leaving Alabama grocery stores and butcher shops desperate for skilled workers. That labor shortfall can also impact the price shoppers pay for their favorite cuts of meat. To fill the gap in qualified workers, the Alabama Community College System has developed a course to train the next generation […]

Nineteen small businesses in Alabama have been awarded more than $3 million in grants from the second round of Innovate Alabama’s Supplemental Grant Program. Alabama entrepreneurs who are recipients of Phase I and Phase II SBIR and STTR grants were awarded up to $250,000 of supplemental funding to support the growth of their small businesses. […]

State unemployment rate ties record low

The Alabama unemployment rate for February tied an all-time low, according to figures released by Gov. Kay Ivey’s office today. The state’s preliminary, seasonally adjusted February unemployment rate is 2.5%, tying the all-time record low, down from January’s rate of 2.6%, and below February 2022’s rate of 2.6%.   February’s rate represents 56,221 unemployed people, […]

Alabama a model in broadband expansion

Alabama has made significant investments over the past five years to expand broadband access across the state, and as a result, we are making great progress toward bringing high-speed internet to unserved communities throughout Alabama. The governor and Legislature are focused on building upon this success. So, during the recent special session of the Legislature, […]

This week Senator Tommy Tuberville urged his fellow senators to pass the Sunshine Protection Act.

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 […]

Launch 2035 announces Launch Tank competition finalists

Eight small business finalists are circling the Singing River Trail Launch Tank Competition sponsored by Launch 2035.

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 OKs acquisition by L3Harris

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 […]

Pace setting: C Spire moves CFO to Birmingham

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 […]

Electrical transformer facility opening in Elba

Elba, Alabama, the seat of Coffee County, will be the new home to a $5 million dollar electrical transformer facility that will specifically repair and recycle the transformers.

EBSCO, Longleaf to expand mental health centers

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 […]

HudsonAlpha to use innovative system to improve crop species

HudsonAlpha, one of the first clients to utilize Revio, will use the systems in its plant and animal genomic space to improve crop species.

Southeast WOW gives Alabama Wiregrass students hands-on experience

Thousands of Wiregrass high school students received career guidance during the eighth annual Southeast Worlds of Work.

$200M logistics center to create 700 jobs

The first phase of the new logistics center in Huntsville will raise two warehouse buildings with more than 1 million square feet.

Huntsville company has technology to help protect nation’s power grid

OWL, a spinoff company of Dynetics, was formed to take military-developed radar technology to commercial markets.

Alabama firm strikes partnership on trade mission

Alabama-based Cummings Aerospace plans to develop defense technology solutions that would be produced and distributed in Australia.

Alabama Power announces leadership changes

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 […]