Business — Page 90

The University of Alabama, by way of micromobility company Veo, is providing 300 ebikes to its Tuscaloosa campus students. Veo earlier this year brought its product to Alabama’s Magic City through the Birmingham Shared Micromobility Program. The Illinois-based company is now taking its services to Tuscaloosa. Three hundred of the company’s Cosmo ebikes will provide […]

Thanks to funding from Lockheed Martin, Space Foundation is presenting its Space in the Community Program to two Huntsville schools. From November 3 through November 5, the nonprofit global space ecosystem advocacy organization will present its program to engage students about space-focused, STEM-related career fields to New Century Technology High School and the Alabama School […]

Breeze Airway’s new Airbus A220-300 aircraft was on display at the company’s U.S. manufacturing facility in Mobile on Tuesday. The A220-300 aircraft is the first of 80 that Breeze has ordered from Airbus. The unveiling held at the Airbus A220 final assembly line in Mobile showcased the aircraft’s sleek modern features. The A220-300 cabin is […]

Space-related operations conducted by Boeing’s Huntsville workforce have contributed to the aerospace titan’s recognition from the Aviation Week Program for its support of the International Space Station (ISS). The Aviation Week Network Program Excellence awards are given to aerospace and defense industry leaders for the recognition of outstanding performance of work related to advancing space-related […]

Birmingham-based Regions Financial Corporation announced its third quarter 2021 earnings on Friday. The company reported net income available to common shareholders of $624 million and earnings per diluted share of $0.65. The company’s total revenue grew 2% compared to this year’s second quarter. Total revenue grew 2% while pre-tax pre-provision income decreased 1%. John Turner, […]

Alabama’s desire to stimulate economic growth through innovation, entrepreneurship and technology has a clear roadmap for success thanks to the work of dozens of leaders in Alabama’s public and private sectors. Those leaders gathered Oct. 14 in Montgomery for the final meeting of the Alabama Innovation Commission (AIC), also known as Innovate Alabama. The commission was created by […]

APM Terminals (APM), a company that helps businesses send and receive products, got some help this week receiving a special delivery for itself. APM moved two 90-foot-tall gantry cranes Wednesday from its shipyard in Mobile to its rail facility about a mile away. What makes the move unusual is that utilities, such as Alabama Power, had to temporarily […]

BIRMINGHAM, Alabama — The Southern Automotive Manufacturers Alliance (SAMA), an organization representing one of the region’s most dynamic growth industries, this week announced that Alabama Commerce Secretary Greg Canfield has been named to the SAMA Hall of Fame. Secretary Canfield, a key figure in the expansion of Alabama’s auto industry over the past decade, received […]

West Alabama executives spent a recent fine, fall day volunteering for Habitat for Humanity Tuscaloosa’s annual CEO Build, an initiative that brings together business leaders to build a Habitat home for a deserving family. Business leaders from more than 25 area companies participated in this year’s build, which was led by Mercedes-Benz U.S. International CEO and President Michael Göbel. […]

UAH hosts nationwide student poster contest at von Braun Memorial Symposium

University students from across the United States competed in the 14th annual Wernher von Braun Memorial Symposium (VBS) student poster competition hosted by The University of Alabama in Huntsville (UAH), a part of the University of Alabama System, on Oct. 12-14. “This is the third year that the VBS poster competition was open to academic […]

Alabama State University‘s mustard greens are soon to be out of this world. For real. Mustard greens are widely grown and consumed in the Deep South, but a grant from NASA will soon have ASU’s greens growing and being eaten beyond the bounds of Earth – specifically in the International Space Station – thanks to a grant […]

MOBILE, Alabama – Baltimore, Maryland-based MTC Logistics this week formally opened a sprawling refrigerated cargo facility in Mobile, a $61 million project that will add 75 new jobs and has growth potential for the future. MTC broke ground in 2019 on what is now one of the largest distribution centers of its kind in the Southeast, […]

NASA has reached a significant milestone in the agency’s mission to launch the next generation of human space exploration in the 21st century. Stacking of the Huntsville-managed, mega-moon rocket and spacecraft has been fully completed. This sets the stage for the United States to return to the moon and eventually explore unchartered domain in the […]

Alabama could see holiday sales grow by double digits for the second straight year, according to recent trends. The months of November and December last year saw Alabamians spend 11.6% more than they did during the same period in 2019, which recorded the highest holiday growth rate in state history. In 2021 thus far, the […]

BIRMINGHAM — Progress has been made in efforts to make Birmingham home of Fox Sports’ new United States Football League (USFL). The Greater Birmingham Convention & Visitors Bureau (CVB) board of directors on Thursday met to discuss ongoing talks for the city to play host to the league. Board members’ discussions surrounded contributing to the […]

Vacation home market booming despite slowing home sales

Even though home sales have begun to show signs of slowing, the market for vacation homes is not likely to slow any time soon. According to National Association of REALTORS (NAR) chief economist Lawrence Yun, flexible work schedules in a post-pandemic economy will continue to drive demand for vacation home sales. “One near-certain aspect of the […]

After decades of discussions and strategic planning, Birmingham’s $200 million project to build a state-of-the-art venue in Protective Stadium finally came to fruition earlier this year. The 45,000-seat multi-use stadium serves as an attractive venue to host competitive sporting events along with an array of other entertainment opportunities. The Birmingham metropolitan area stands to experience […]

Poarch Creek Indians Federal Services (PCIFS) announced that it had been awarded over $20 million in fiscal year-end contracts to provide vital services to federal agencies. PCIFS will perform services for multiple agencies of the federal government, including U.S. Department of Defense (DOD) customers. The organization has expanded its portfolio as a government contracting entity […]

As is an issue for the nation as a whole, many challenges currently face the state of Alabama in meeting industry demands regarding skilled and qualified labor in the 21st century economy. Through collaborative efforts and partnerships between government, trade, educational and industrial entities, the Yellowhammer State is well-positioned to address the need to fill […]

HUNTSVILLE — Toyota Motor Manufacturing, Alabama (TMMAL) hosted a celebratory event with local and state elected officials on Monday to unveil two new engines that will be exclusively built in Huntsville. The company is expanding its production line with the inclusion of two new engines for the 2022 Toyota Tundra. The engines, a hybrid electric-powered […]

The Economic Development Partnership of Alabama (EDPA) announced the appointment of five members to its board of directors, bringing the number of the agency’s board members to 37. According to EDPA, the new appointments bring industry expertise and represent their respective geographies to provide strategic direction and continued growth around the agency’s mission. The five […]

Vacation home market booming despite slowing home sales

Even though home sales have begun to show signs of slowing, the market for vacation homes is not likely to slow any time soon. According to National Association of REALTORS (NAR) chief economist Lawrence Yun, flexible work schedules in a post-pandemic economy will continue to drive demand for vacation home sales. “One near-certain aspect of the […]

Montgomery has long embraced its place in American history, including its pivotal role as the cradle of the civil rights movement: home to the Rev. Martin Luther King Jr., Rosa Parks and other icons of the nation’s ongoing pursuit of diversity, equality and inclusion. History is an important component of Montgomery’s efforts to encourage innovation, […]

The New Orleans Coca-Cola Production Center, a facility of Birmingham’s Coca-Cola Bottling Company United, Inc. (UNITED) in Harahan, Louisiana, has won the prestigious President’s Award for Quality Excellence from The Coca-Cola Company. The New Orleans facility demonstrated best-in-class performance in driving down consumer complaint rates and capability, compliance and commitment to quality. Since 1987, The […]