Applications Live for Second Annual Singing River Trail Launch Tank Business Competition

Building off the tremendous success of the first program, Launch2035 is thrilled to announce the second annual Singing River Trail Launch Tank.  Applicants with big ideas, community solutions, and emerging business endeavors may apply online now. The finale event, which is open to the public, will take place on March 20, 2023 at Athens State […]

JLL Capital Markets Closes Sale on Redstone Research and Development Facility

JLL Capital Markets announced that it has closed the single-tenant sale of a Research & Development Facility at Redstone Arsenal leased to a global defense contractor in Huntsville, Alabama. JLL represented the seller, AGC Equity Partners, in the sale to FD Stonewater STAR Fund. The property was completed in 2020 as a build-to-suit for one […]

Department of Defense Contract Review: December 27 – January 06

This series from the Huntsville Business Journal covers Department of Defense (DoD) contracts awarded to Huntsville-Madison County and Alabama businesses. Every two weeks, the Huntsville Business Journal provides you with an update to the various military contracts that local and state businesses are awarded. This entry covers contracts listed on the Department of Defense daily postings from Tuesday, December […]

Retired Lieutenant General Thurgood to Join BlueHalo Board of Advisors

HUNTSVILLE, AL – BlueHalo announced yesterday that retired United States Army Lieutenant General L. Neil  Thurgood has joined the company’s Board of Advisors. In this role, Thurgood will advise various strategic initiatives to advance BlueHalo’s position as the new alternative prime in the defense and national security market.  Throughout over 37 years of distinguished military […]

Mauldin & Jenkins Continues to Expand into Huntsville Market

HUNTSVILLE, AL – Mauldin & Jenkins announced that it will acquire Huntsville’s MDG Professional Group, P.C. (MDG), a full-service accounting firm in Huntsville, Alabama. Effective January 1, 2023, the transaction further expands Mauldin & Jenkins’ presence in the North Alabama region and represents the second acquisition in the Huntsville area for the rapidly growing firm […]

Erin Koshut Named Board President of International Research Park Association

Erin Koshut, Executive Director of Cummings Research Park (CRP), the second largest research park in the U.S. and the fourth largest in the world, has been named president of the Association of University Research Parks (AURP) Board of Directors.   AURP is a nonprofit organization representing more than 250 research parks and innovation districts globally, as […]

Trash Pandas to Host Job Fair Ahead of 2023 Season

MADISON, AL – The Rocket City Trash Pandas are hiring! Ahead of the third season of Trash Pandas baseball in 2023, the team will be hosting a job fair at Toyota Field on Saturday, February 11 beginning at 10 a.m. The Trash Pandas are looking for people with strong energy, passion, and enthusiasm to work […]

United Community Banks Completes Merger with Huntsville’s Progress Financial

In May 2022, United Community Bank, Inc. (United) announced the acquisition of Progress Financial Corporation (Progress) in an all-stock transaction with an aggregate value of approximately $271.5 million. As of last week, United announced that the merger was completed. In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, […]

Crestwood Announces First Freestanding Emergency Room in North Alabama

HUNTSVILLE, AL – The Alabama State Health Planning & Development Agency awarded Crestwood Medical Center a Certificate of Need to build a freestanding emergency department (FSED) in the Harvest community. The Crestwood Medical Center ER – Harvest will be located at the corner of Highway 53 and Burwell Road and will provide emergency services 24 hours […]

Mortgage Rate Increase Breaks Trend

The big news in the real estate market this week has been the slight uptick in the average rate of a 30-year fixed rate mortgage.  According to Freddie Mac, the mortgage rates had been steadily declining for five weeks prior to the week ending December 29, 2022. This led to a drop of three-fourths of […]