The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program, the agency announced. Starting the week of April 6, the SBA is raising the loan limit for the COVID-19 EIDL program from six months of economic injury with a maximum […]
Ametek has agreed to purchase Huntsville-based Abaco Systems for $1.35 billion, the Pennsylvania-based company said in a news release. A maker of electronics equipment, Ametek will acquire Abaco Systems in an all-cash transaction; it is expected to close in mid-2021. Abaco Systems specializes in open-architecture computing and electronic systems for aerospace, defense, and specialized […]
Huntsville has received high marks for its ability to keep working during the pandemic. Now community and business leaders want to document the regional experience through a survey. Huntsville Mayor Tommy Battle, the Huntsville/Madison County Chamber, and the mayor’s technology initiatives – GEO Huntsville, Energy Huntsville, Cyber Huntsville and Bio Huntsville – have collaborated with […]
Metronome at MidCity will feature 296 units plus restaurant and retail.
Company is seeking talented welders, material handlers and assembly operators at Saturday’s event
Firehouse Subs is hiring more than 100 employees for crew member, shift leader and management roles at eight locations in the greater Huntsville area. The company has openings in part- and full-time positions. Applicants can apply in person at the restaurants. Firehouse Subs will reopen its Madison store in early April and will open its […]
Risk analytics company QOMPLX has entered into an agreement to acquire Sentar, the two companies announced. Sentar is a cyber-intelligence company, applying analytics, operations and systems engineering expertise to protect our national security by innovating, building, and securing mission-critical assets. The Huntsville-based company will continue to be headed by President Darren Kraabel with other key […]
One of Huntsville’s top highway/construction contractors has been bought by a Nashville company. Reed Contracting Services has been acquired by Rogers Group Inc., according to a news release from the Nashville company. The purchase includes Reed’s quarry, sand plant, five asphalt plants and all construction assets. Since its inception in 1987, Reed has grown to […]
Vehicle will launch in late December; targeting delivery to dealers in early 2022
Small and mid-sized business owners in Alabama strongly support vaccination for COVID-19 and plan to encourage their employees to get the shots in an effort to boost local economic recovery, according to the PNC Alabama small business owners survey released today. More than half (57 percent) of Alabama businesses surveyed will require employees to get […]
