Business — Page 97
The City of Montgomery has partnered with MPS (Montgomery Public Schools), Ed Farm and Apple to launch MGM Codes, an advanced technological initiative designed to expand innovative learning opportunities for local students. MGM Codes will bring the latest technology to students and teachers, according to the City. It was created by the City and MPS […]
International in-space services company Nanoracks to open first Alabama-based location in Huntsville
Nanoracks, a Voyager Space Holdings company, will soon open its first office in the Yellowhammer State. Its new location at Huntsville’s Lincoln Mills will work with existing industry to provide payload operation and deployment services on the international space station as well as commercial space stations. The aerospace company, which was founded in 2009, operates […]
In the midst of a labor shortage crisis and record low unemployment, a lawsuit has been filed seeking to force Alabama back into federally-funded pandemic unemployment compensation programs. The plaintiffs in the case are asking a court in Montgomery County to require Gov. Kay Ivey and Labor Secretary Fitzgerald Washington to opt back into several […]
One of the world’s most recognizable brands has joined the team of The World Games 2022 (TWG2022). Birmingham’s Coca-Cola Bottling Company United, among the largest privately held Coca-Cola bottlers in North America, will be the presenting sponsor of TWG2022’s closing ceremony on July 17, 2022, at Protective Stadium. TWG2022, an international event organized with the support of the International Olympic […]
The electric vehicle evolution that is taking place in the automotive industry is having a huge effect on Alabama’s economic development efforts. As the state’s automotive original equipment manufacturers (OEMs) ramp up production of EVs, starting with Mercedes-Benz next year, Alabama has to ensure the suppliers in the state are in a position to make […]
It’s no secret that the pandemic has provided more opportunities for people to get outside and enjoy Alabama’s beautiful lakes and scenery. To keep up with the increase in visitors to the area and ensure people keep coming back, the Lake Martin Tourism Association, the official destination marketing organization of Lake Martin, says outstanding customer service is […]
MONTGOMERY, Alabama – Hyundai Motor Manufacturing Alabama’s leadership, team members, and special guests today celebrated a production milestone – the 5 millionth vehicle built at the Montgomery assembly plant. Hyundai reached the 5 million mark in a little more than 16 years, with the Alabama factory having begun production in May 2005. The milestone vehicle — a […]
The University of Alabama at Birmingham O’Neal Comprehensive Cancer Center has received what, according to the hospital, some are calling the “holy grail” of radiation therapy. The new radiation delivering tool is a linear accelerator system called Ethos, a product by Varian, a health care company which specializes in oncology treatment. The company calls the […]
HPM was named one of the top 30 program management firms in the U.S. by Engineering News-Record, ranking No. 27 on the annual list, marking the eighth year the Birmingham-based firm has landed among the list’s top 50. HPM chief operations officer Ryan Austin praised the collaborative effort he said that enables the company to […]
The U.S. Air Force on Wednesday conducted this year’s second test launch of its Boeing-built Minuteman III intercontinental ballistic missile (ICBM). The purpose of the operational test was to demonstrate the readiness of the nation’s nuclear forces. The Minuteman III is a product of Boeing’s Huntsville-based Missile and Weapon Systems division. Air Force Global Strike […]
U.S. Rep. Gary Palmer (R-Hoover) got a firsthand look at one of Alabama’s premier energy research facilities Wednesday, taking his entire staff for a tour of the National Carbon Capture Center (NCCC) in Wilsonville. The facility is operated by Southern Company at Alabama Power’s Plant E.C. Gaston. Earlier this year, Palmer was the first representative from Alabama in more than […]
Despite only a moderate increase in inflation in the previous month, one of the state’s prominent economists foresees a continuation of elevated prices heading into 2022. On Wednesday, the Labor Department reported a 5.4% rise in consumer prices in July compared to a year earlier. The consumer price index (CPI) rose .5% from June to […]
Madison County has received the highest credit rating in its history after a recent upgrade by Moody’s Investors Service, according to Commission Chair Dale Strong. Strong described the enhanced rating as a “momentous announcement.” The Moody’s rating improved from Aa2 to Aa1. In the Standard & Poor’s Global Ratings, Madison County was given a rating […]
Huntsville will soon boast a new federal courthouse, which will be home to the U.S. District Court for the Northern District of Alabama and the Bankruptcy Court of Northern Alabama. The U.S. General Services Administration (GSA) announced that it has awarded a $79.8 million construction contract to Birmingham-based Brasfield & Gorrie, LLC. In addition to […]
General Electric (GE) Aviation’s Auburn facility recently reached 100,000 shipments of additively manufactured fuel nozzle tips. The company’s Auburn site began producing fuel nozzle tips in 2015 and was the industry’s first mass manufacturing site for producing aircraft engine parts using additive manufacturing. The part is made for the CFM LEAP engine, which entered revenue […]
HUNTSVILLE — The Rocket City has placed its industrial strength on full display this week as it plays host to leading defense industry titans, military leadership, and major stakeholders in the national space and missile defense network. Huntsville’s Von Braun Center is hosting the Space and Missile Defense Symposium, a prestigious event consisting of top […]
Birmingham, Ala. — The Alabama Grocers Education Foundation (AGEF) recently awarded $37,500 in scholarships to employees or children of employees from Alabama Grocers Association (AGA) member companies for the 2021/2022 academic year. These included 22 AGEF funded scholarships, 11 Piggyback Scholarships and four Endowed Scholarships for a total of 37 scholarships awarded. Alabama scholarship recipients […]
The U.S. Department of Agriculture (USDA) Rural Development on Monday announced that the USDA is investing grants totaling $495,055 to support entrepreneurs and businesses in five rural Alabama counties, creating approximately 235 jobs. Acting Alabama State Director for Rural Development Allen Bowen hailed USDA’s investment in the Yellowhammer State as a victory for small business. […]
A three-company joint venture announced plans to create Madison Metal Processing (MMP), a company which will supply steel blanks to Huntsville’s Mazda Toyota manufacturing assembly and other automotive suppliers. Trial production has begun for the $40 million, 110,000 square foot Madison operation, with full-production slated to begin in mid-2022. The venture’s participating companies are Toyota […]
Business Facilities, a national economic development publication, ranked Alabama’s business climate among the top states in an analysis evaluating key economic categories. Alabama earned the No. 5 spot in the magazine’s flagship business climate ranking, while also earning high marks for workforce training, manufacturing employment and output, and the horsepower of the state’s auto industry. […]
“Speak softly, but carry a big stick,” was President Theodore Roosevelt’s motto when it came to our country’s security posture. America’s strong national defense protects our country, its people, and our interests and allies abroad. The strength of our armed forces is my top priority and why I wanted this job. I’ve found there is […]
Regions Bank has tapped one of the state’s foremost experts on banking law and government affairs to serve as senior vice president of state government affairs and economic development. Jason Isbell comes to the Birmingham-based bank brandishing nearly two decades of legal and government affairs experience in the public and private sectors. Elizabeth Taylor, head […]
The Alabama League of Municipalities (ALM) on Thursday announced the creation of its Economic Development Academy, which will partner with local leaders in an educational capacity to offer their assistance regarding business and industry recruitment practices. Developed in conjunction with the Alabama Community College System (ACCS) and supported by an advisory council of industry leaders, […]
Gov. Kay Ivey (R-AL) on Thursday hosted a ceremonial bill signing for legislation passed during the 2021 regular session, which includes two key pieces of legislation aimed at accelerating the growth of Alabama’s innovation economy. She signed in ceremony House Bill 540 and House Bill 609, both of which were recommended by the Alabama Innovation […]

