Entries by staff reports

Huntsville-Based Merit Bank Hits $100 Million Milestone

Huntsville-based Merit Bank has reached $100 million in assets, the bank said in a news release.  Last July, the bank announced in it had raised nearly $25 million in just a few short months through a private stock offering. Bank President and CEO Hill Womble cited the success to the support and confidence of local […]

HudsonAlpha Researchers Work to Improve Cotton Through Genetics

Is there anything more Huntsville than the combination of cotton and technology? To that end, researchers at the HudsonAlpha Institute for Biotechnology have set out to make a better cotton through a series of research collaborations, grants and projects. These grants include sequencing “elite” cotton strains, sending cotton to space and conversations between students and […]

HudsonAlpha Launches Biotech Mentoring Program for Entrepreneurs

The HudsonAlpha Institute for Biotechnology has launched a mentoring program to help strengthen biotech and life sciences entrepreneurs as business leaders in North Alabama, capitalizing on the wealth of business talent in the region. The program, called Navigate, was established last fall and is modeled after MIT’s Venture Mentoring Service program which has been mentoring […]

Progress Bank Celebrates 12th Anniversary

Progress Bank is celebrating its 12th anniversary of serving clients across North and Central Alabama and Destin/Inlet Beach, Fla. The Huntsville-based bank opened in February 2008 with offices in Huntsville and Decatur. Progress Bank has more than $1.2 billion in total assets and Progress Financial Services has approximately $940 million in assets under management. Progress […]

T-H Marine Lands Maurice Sporting Goods Marine Division

Huntsville-based T-H Marine Supplies has acquired First Source, the marine accessory division of Maurice Sporting Goods, one of the largest sporting goods distributors in the United States. First Source will operate as a standalone division of T-H Marine in Fort Myers, Fla. “We’re thrilled to complete our largest revenue acquisition to date,” said T-H Marine […]