Entries by staff reports

Lockheed Martin’s Next Generation Interceptor Achieves Communications Testing Milestone, Proves Ability To Operate In Harsh Environments

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Lockheed Martin recently validated prototype communications radio technology for its Next Generation Interceptor (NGI) during a recent test milestone. The NGI’s mission is to protect the U.S. homeland from increasing and evolving intercontinental ballistic missile threats. Critically, the interceptor and its components must be able to receive and share data from the ground and throughout […]

Momentum announces inaugural Huntsville Executive Class

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BIRMINGHAM, AL – Momentum, Alabama’s premier leadership organization dedicated to empowering the state’s female leaders, announced the roster for its inaugural executive leadership class in The Rocket City. The program originated in Birmingham and has graduated more than 550 women executives across many industries. “Over the course of 20 years working to develop women leaders in […]

Drake State awarded $2.4 million federal grant to connect minority communities to high-speed internet

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HUNTSVILLE, AL – Drake State Community & Technical College received a $2.4 million grant award as part of the U.S. Department of Commerce and National Telecommunications and Information Administration’s (NTIA) Connecting Minority Communities Pilot (CMCP) program, to help eliminate historical broadband and computer access inequities in and around Madison County, Alabama. Drake State applied for the […]

334 unit Huntsville apartments acquired by Nashville firm

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HUNTSVILLE, AL – Freeman Webb Company of Nashville, Tennessee, a full-service real estate investment and management firm, recently took over Gravity at 255 Apartment Homes in the Huntsville area from Lurin Capital with the transition facilitated by Craig Hey and Andrew Brown with Cushman & Wakefield. The 334-unit apartment complex is Freeman Webb’s seventh property […]

Dunkin’® Iced Coffee Day Raises $5,000 throughout Huntsville to Bring Joy to Huntsville Hospital for Women and Children

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HUNTSVILLE, AL – This past May, the Dunkin’ Joy in Childhood Foundation® called on America to sip from their hearts on Dunkin’® Iced Coffee Day and help bring joy to kids in local hospitals across the country. Today, Dunkin’ of Huntsville proudly presented Huntsville Hospital Foundation (HHF) a check for $5,000 through the Dunkin’ Joy in Childhood Foundation. Thanks to support from guests […]

Huntsville resident nominated by Biden Administration for key role

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HUNTSVILLE, AL – Last week, President Joe Biden announced his intent to nominate the key leaders to serve in his administration, including Joe H. Ritch, a long time local here in the City of Huntsville. Ritch, having served the U.S. government before during the Obama-Biden administration, is now a nominee for the Tennessee Vally Authority […]

Nashville-based bank announces first permanent office location in Huntsville

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It has been years since the building at 409 Madison Street has been occupied and operational. Located directly across the street from the Early Works Museum, one of Huntsville’s long-time local favorites, and directly in the heart of downtown HSV, the what was formerly a Wells Fargo building has sat vacant in what many Huntsville […]

Madison senior living development reaches second phase

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MADISON, AL – Capstone Building Corp., a premier general contractor based in Birmingham, Alabama, along with Pennrose-BLOC, LLC, a collaboration of Pennrose, LLC and BLOC Global Development Group, LLC, has recently announced the completion of Stoneridge Villas Phase II. This $10.5 million phase is an affordable apartment community for adults 55 and over, conveniently located […]

Progress Financial Corporation declares special dividend

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HUNTSVILLE, AL – At its July meeting, the board of directors of Progress Financial Corporation, the parent company of Progress Bank, approved a special cash dividend of $0.16 per share.  The dividend will be payable on July 27, 2022, for shareholders of record as of July 8, 2022.   “We are proud of everything Progress Bank […]

Huntsville sees wage increase while Alabama lags behind

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On the surface, the economy of the last two years has been extremely favorable to workers. After spiking to nearly 15% early in the COVID-19 pandemic, the unemployment rate today sits around 3.6%. Despite employers’ urgency to hire, labor force participation has been slower to recover, and the “Great Resignation” has workers quitting at historic […]