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 Monday, April […]
The Huntsville City Council has approved a development agreement to bring a new grocery retailer to the Huntsville market. Food City will invest $90 million to build six new stores and create 1,350 jobs over the next five years. In turn, the City of Huntsville will provide cost reimbursements up to $9 million (total for […]
HUNTSVILLE, AL – Mayor Tommy Battle announced the appointment of 21-year City of Huntsville employee Amy Kenum to the role of Manager of Geographic Information Systems (GIS). Kenum, a Lawrence County native, was appointed head of the Geographic Information Services Division during the April 27 Huntsville City Council meeting. She will lead and help grow the GIS […]
Science Applications International Corp. (SAIC) continued its support of The University of Alabama in Huntsville (UAH) College of Business by presenting a $100,000 gift to UAH officials on March 30. Starting in 2009, SAIC has made this $100,000 gift each year to the College of Business at UAH, a part of The University of Alabama […]
A team consisting of mechanical and aerospace engineering majors at The University of Alabama in Huntsville (UAH) competed in the 2023 NASA Student Launch, hosted by NASA’s Marshall Space Flight Center in Huntsville. Supported by the Human Exploration and Operations Mission Directorate and U.S. aerospace industry, the event is a NASA-conducted engineering design challenge that involves […]
HudsonAlpha Institute for Biotechnology, in partnership with global venture firm and startup accelerator gener8tor, announced the five startup companies selected for the Spring 2023 cohort of the HudsonAlpha AgTech Accelerator. The 12-week accelerator began earlier this month and invests $100K in five startups at the forefront of the agriculture technology industry. The concierge business accelerator […]
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 […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the residential real estate market for the month of March. The average sale price in Madison County continued to rise, reaching $368,000, up from $333,000 for March the previous year. However, this is an outlier for Huntsville/Madison County specifically, […]
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 […]
A recent study conducted by the Center for Management & Economic Research at the University of Alabama in Huntsville (UAH) shows since its inception, HudsonAlpha has made a $4.2 billion impact on the Alabama economy, with nearly a billion of that coming over the last two years. The overall amount of $4.2 billion ($5 billion […]
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