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Business

International in-space services company Nanoracks to open first Alabama-based location in Huntsville

Dylan Smith -
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...

Lawsuit seeks to force Alabama into distributing federal unemployment dollars

Yellowhammer News -
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...

Coca-Cola United joins The World Games 2022 as presenting sponsor for closing ceremony

Alabama News Center -
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...

Electric vehicles will drive Alabama’s automotive industry going forward

Michael Tomberlin -
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...

Yellow Top Ice Cream Shop owner honored as Tourism Superstar on Alabama’s Lake Martin

Katherine Beshear -
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...

Milestone: Hyundai marks 5 million Alabama-built vehicles

Jerry Underwood -
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...

UAB set to deliver ‘revolutionary’ new cancer treatment — ‘holy grail’ of radiation therapy

Dylan Smith -
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...

Birmingham-based HPM ranks among globe’s top program management firms for eighth straight year

Dylan Smith -
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,...

Air Force showcases nuclear readiness in Huntsville-supported, Boeing-built Minuteman III ICBM test launch

Dylan Smith -
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...

Rep. Gary Palmer and staff get firsthand look at Alabama’s National Carbon Capture Center

Alabama News Center -
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...

Regions chief economist: Inflation likely not temporary, could continue into 2022

Yellowhammer News -
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...

Madison County earns financial accolades; best credit rating in history — Moody’s, S&P

Ray Garner -
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...

New Huntsville federal courthouse earns $95.1M budget; $79.8M building contract awarded to Birmingham-based construction company

Dylan Smith -
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...

GE Aviation Auburn facility helps company reach milestone in advanced manufacturing for fuel-efficient jet engines

Dylan Smith -
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...

Huntsville flexes industrial might at annual Space and Missile Defense Symposium

Dylan Smith -
HUNTSVILLE -- The Rocket City has placed its industrial strength on full display this week as it plays host to leading defense industry titans,...

Alabama Grocers award $37,500 in scholarships

Staff Report -
Birmingham, Ala. -- The Alabama Grocers Education Foundation (AGEF) recently awarded $37,500 in scholarships to employees or children of employees from Alabama Grocers Association...

Rural Alabama receives $495K investment from USDA to spur economic growth

Dylan Smith -
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...

Joint venture to bring $40M steel plant to Madison, supplying Huntsville’s Mazda Toyota Manufacturing assembly

Dylan Smith -
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...

Alabama’s business climate scores near top in new rankings

Jerry Underwood -
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...

Tuberville: National defense bill includes big wins for Alabama

Sen. Tommy Tuberville -
“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...

Regions names Jason Isbell senior vice president of state government affairs and economic development

Yellowhammer News -
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...

Alabama League of Municipalities launches Economic Development Academy

Dylan Smith -
The Alabama League of Municipalities (ALM) on Thursday announced the creation of its Economic Development Academy, which will partner with local leaders in an...

Governor Ivey ceremonially signs key legislation aiming to drive innovation

Dylan Smith -
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...

University of North Alabama goes the extra mile to prepare students for the modern-day workforce

University of North Alabama,Yellowhammer News -
There is a threat to the Alabama economy. It is a decline in workforce employees with an increasing demand in open positions. While Alabama is...
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