Business — Page 91

Companies making great products in small corners of the state stepped into the spotlight at the first installment of the Made in Alabama Showcase, an event last week that featured extraordinary homegrown products. Six of the 12 companies honored by Governor Kay Ivey at the Showcase are based in rural Alabama communities — a fact […]

Milo’s Restaurant has stayed true to its roots over the 75 years since Milo and Bea Carlton opened the original on 31st Street North at 12th Avenue in Birmingham’s Norwood neighborhood. Yes, a few new items have appeared on the menu and the franchise has expanded outside the Magic City. But the basic burger is pretty […]

Alabama-built rocket to deliver NASA's Lucy spacecraft into orbit

The Alabama-built United Launch Alliance (ULA) Atlas V rocket will be delivering NASA’s Lucy mission into orbit on October 16. The Lucy mission is the first of its kind. The spacecraft will explore a diverse population of small bodies known as the Jupiter Trojan asteroids and is expected to provide revolutionary insights into the formation […]

Blackburn

North Alabama has a valuable ally in its quest to make sure Huntsville remains the federal government’s choice for the U.S. Space Command headquarters. Earlier this week, U.S. Sen. Marsha Blackburn (R-TN), a member of the U.S. Senate Armed Service Committee, endorsed the pick that was initially made by then-President Donald Trump shortly before leaving […]

The road to post-pandemic economic recovery hasn’t been easy. For over a year, I’ve worked tirelessly to keep our economy moving and keep small businesses open. While our work is far from complete, I am confident we will get the job done. Whether we get any help from Washington, however, is another question. Right now, […]

This problem could lead to economic catastrophe if it's not solved

There are currently over 860 advanced manufacturing jobs available in the city of Auburn, alone. Almost every industry is faced with hiring issues and the buzzword of the year seems to be “workforce development.” Alabama Works reported in the 2021 Workforce Council Annual Report that between now and 2025, “about 24.2 million Americans will earn postsecondary […]

Toyota Motor Manufacturing will deliver on its promise of another major expansion at its Madison County plant when the company’s twin-turbo V6 engines come off the assembly line later this month. Toyota is one of the world’s leading automotive manufacturers, and company executives announced in 2019 they were going to invest $288 million on the […]

Fox Sports has set its sights on Alabama’s Magic City as a potential landing spot for the home of the United States Football League (USFL), which is slated to begin playing as a spring league in April 2022. Negotiations have long been underway for Birmingham to play host to the USFL, which will differ from […]

Alabama-built rocket to deliver NASA's Lucy spacecraft into orbit

The Alabama-built Atlas V 401 rocket will deliver NASA’s next mission, the Lucy spacecraft, to a hyperbolic orbit next week. The launch vehicle was built at United Launch Alliance’s (ULA’s) 1.6 million square foot facility in Decatur. Lift off is scheduled for Saturday, October 16 at 5:34 a.m. EDT at Cape Canaveral Space Force Station […]

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 […]

Final preparations are underway for United Launch Alliance’s (ULA) Atlas V rocket to launch NASA’s historic Lucy mission, which will explore remnants of the early solar system. ULA’s rocket launch will set into motion a first-of-its-kind mission to explore what is known as the Jupitar Trojan asteroids. The 12-year mission will see NASA’s Lucy spacecraft […]

Northrop Grumman on Tuesday announced the opening of its new Cummings Research Park facility, further expanding the defense juggernaut’s operations in the Rocket City. The work conducted at the company’s new facility will support work with the U.S. Air Force Ground Based Strategic Deterrent (GBSD) Program, the nation’s next generation intercontinental ballistic missile (ICBM) system. […]

Development of a new concept for a solid-fueled ramjet using a rotating detonation engine (RDE) for hypersonic air-breathing propulsion at The University of Alabama in Huntsville (UAH), a part of the University of Alabama System, has attracted a three-year, $1.5 million grant. The project’s principal investigator is Dr. Gabe Xu (pronounced shoe), an associate professor […]

Alabama-built rocket to deliver NASA's Lucy spacecraft into orbit

The Alabama-built Atlas V 401 rocket will deliver NASA’s next mission, the Lucy spacecraft, to a hyperbolic orbit next week. The launch vehicle was built at United Launch Alliance’s (ULA’s) 1.6 million square foot facility in Decatur. Lift off is scheduled for Saturday, October 16 at 5:34 a.m. EDT at Cape Canaveral Space Force Station […]

Natural graphite development company Westwater Resources, Inc. announced that its board of directors had approved expenditures of $202 million to be appropriated toward the construction plan for phase one of the Coosa Graphite Project in Kellyton. The project to construct a first-of-its-kind advanced graphite processing plant was announced earlier this year. The plant is expected […]

The board of directors of Birmingham-headquartered holding company Altec, Inc. has announced the promotion of Allen Ritchie to president and CEO. In 2007, Ritchie joined the company as senior vice president and chief financial officer. Altec says the newly-appointed company head holds a deep understanding of manufacturing and distribution, financial services and service technology organizations. […]

Leidos, parent company of Huntsville-based Dynetics, earlier this year announced that it had instituted a vaccine lottery with up to $1 million to be shared among 10 randomly selected workers who become vaccinated against COVID-19. Rather than mandating vaccination among workforce, many private sector companies have taken an opposite approach to that of government by […]

NASA has announced the selection of 60 teams that will compete in the Student Launch competition held at Huntsville’s Marshall Space Flight Center, which is part of a series of student challenges relating to the agency’s Artemis program. The nine-month competition will feature teams from 22 states and the territory of Puerto Rico. The challenge […]

Registration is open for the 14th annual Wernher von Braun Memorial Symposium, set to be held both online and in person Oct. 12-14 at The University of Alabama in Huntsville (UAH), a part of the University of Alabama System. “We have some great NASA leadership participating including Kathy Lueders, Jim Reuter, Bob Cabana and Jim Free,” […]

Corporate Realty announced Wednesday that the name and identity of a new mixed-use development at Carraway will pay tribute to the beloved blue star that still sits atop the old hospital. The development will be called The Star Uptown, and its logo features a blue star against a Birmingham skyline. “When we began working on this […]

With an increasing need in the manufacturing world, the University of Alabama has expanded resources and experiences to its students to create a more prepared industrial workforce. The UA College of Engineering’s Alabama Initiative on Manufacturing Development and Education, or Alabama IMaDE, had its grand opening ceremony Sept. 30. Alabama IMaDE is part of the new manufacturing program, which […]

GUIN, Alabama – Three rural counties in Northwest Alabama are adding new jobs and investments within their diverse industrial bases, and more economic growth is on the horizon for the region. Fayette, Lamar and Marion Counties, which make up the Northwest Alabama Economic Development Alliance, last year announced a combined five new projects and three expansions, […]

In grateful recognition of a transformational $95 million lead gift from longtime University of Alabama at Birmingham supporter Dr. Marnix E. Heersink, the UAB School of Medicine will now be named the UAB Marnix E. Heersink School of Medicine. The record gift is the single largest philanthropic commitment in university history and will name the UAB Marnix E. Heersink […]

MONTGOMERY, Alabama – Governor Kay Ivey, in partnership with the Alabama Department of Commerce, this week honored a dozen homegrown businesses at the Inaugural “Made in Alabama” Showcase. To celebrate October as “Manufacturing Month,” Governor Ivey selected 12 businesses for their work in producing exceptional Alabama-made products and invited them to exhibit their products at […]