Entries by staff reports

Huntsville to Allocate Settlement Proceeds to Agencies on Front Lines of Opioid Crisis

The City of Huntsville will allocate proceeds from an opioid settlement to organizations dedicated to fighting the effects of opioid abuse. Huntsville joined opioid-related class-action lawsuits and will receive nearly $2 million over 10 years as part of a settlement from McKesson and a one-time payment of $982,235 from Janssen. The City is a plaintiff […]

ServisFirst Bank announces expansion in Virginia

ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announced its first location in Virginia, opening on April 24, 2023. The new office is located at 4505  Columbus Street, Six Columbus Center, Suite 100, Virginia Beach, Virginia 23462. This marks ServisFirst  Bank’s 30th location across seven states in the United States.   ServisFirst Bank Virginia has a […]

Polaris’ Alabama Plant Ships First All-Electric Off-Road Vehicles

HUNTSVILLE, AL — Polaris Inc. announced a milestone for its Alabama manufacturing facility — the first fully electric RANGER XP Kinetic off-road vehicles are headed out of the Huntsville factory to dealerships for customer pickup. Production of the electric vehicles began earlier this month at the 900,000-square-foot facility, according to Polaris, the Minneapolis-based producer of […]

Multifamily Boomtown: Huntsville, Alabama

The Rocket City is experiencing a multifamily boom more explosive than has ever been experienced. As of December 31, 2022, our independent research indicates a total of 62 apartment communities comprising 14,685 units were actively under construction, while more than 30 other properties comprising 9,479 units were in planning. For an area with a total […]

Mark Splawn Joins U.S. Space & Rocket Center as VP of Projects, Infrastructure

HUNTSVILLE, AL – Mark Splawn has joined the U.S. Space & Rocket Center as Vice President of Projects and Infrastructure. In this role, Splawn will oversee large-scale capital and construction projects as well as key Rocket Center departments, including facilities, security and environmental and technical services. Splawn was previously director of facilities at Dynetics, Inc., […]

ServisFirst Bancshares, Inc. and ServisFirst Bank Elect New Board Member

ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the election of Dr. Betsy Bugg Holloway to the ServisFirst Bancshares, Inc. and  ServisFirst Bank Board of Directors. “ServisFirst Bancshares, Inc. is proud to announce and welcome Dr. Betsy Bugg Holloway as a new  Board Member,” states Tom Broughton, ServisFirst Bancshares, Inc. Chairman, […]

Deltek Appoints Dinakar Hituvalli as CTO

Deltek, the leading global provider of software and solutions for project-based businesses, announced today that it has appointed Dinakar Hituvalli as its Chief Technology Officer (CTO). In this position, Dinakar oversees Deltek’s engineering and cloud operations teams, and will report directly to Mike Corkery, Deltek’s President and CEO. Dinakar will drive continued growth and innovation […]

UAH breaks ground on new 80,000-square-foot Raymond B. Jones Engineering Building

The University of Alabama in Huntsville (UAH) held a groundbreaking ceremony today for a new 80,000-square-foot engineering facility that will be named in memory of Raymond B. Jones, long-time business and community leader and past chairman of the UAH Foundation. The facility, which received initial approval by The University of Alabama System Board of Trustees […]

Akima to acquire Huntsville’s Pinnacle Solutions

Akima, LLC, a premier provider of products and services to federal agencies, today announced that it has entered into a definitive agreement to acquire Pinnacle Solutions, Inc. (Pinnacle), a leading provider of innovative training and sustainment products and services to defense customers around the globe. Leveraging a highly skilled workforce, Pinnacle provides aviation operations and […]

UAH researchers win awards totaling $750K to advance steps toward “holy grail” fusion clean energy project

Mechanical and aerospace engineering faculty at The University of Alabama in Huntsville (UAH) have won a pair of research awards totaling $750,000 to collaborate with the Los Alamos National Laboratory (LANL) on research to advance knowledge toward one of the most sought-after goals of plasma physics, plasma fusion energy. This project marks the first experimental […]