Huntsville City Council modifies CNI grant agreement, approves $120K environmental application

Late last week, the Huntsville City Council voted to modify the agreement between the City and developers who are assisting Huntsville’s application for a Complete Neighborhood Initiative (CNI) grant and approved an application to a U.S. Environmental Protection Agency (EPA) grant. Council members approved a resolution authorizing the mayor to execute a modification to the […]

Five Huntsville companies selected for the gBETA accelerator program

Five Huntsville-based companies have been selected to participate in a local startup accelerator program. Etch, Ethar, FigBrew, Score Pharma and SymbyAI were selected to participate in the gBETA Huntsville program led by national venture capital firm gener8tor, which supports startups, workers, employers, artists and musicians across race, place and gender.  gBETA Huntsville is a seven-week […]

Registration now open for inaugural Business of Space Conference

The University of Alabama in Huntsville (UAH) College of Business will host the inaugural Business of Space Conference to focus on economics, commerce and sustainability of new space. Registration is now open for the gathering that will unite space industry professionals from across the nation on April 21-23 on the campus of UAH, a part of the […]

Huntsville Legislative Update unveils priorities, economic initiatives for 2024

On Monday, the Huntsville/Madison County Chamber of Commerce hosted a luncheon at the Jackson Center for North Alabama Legislators. The gathering gave the Huntsville business community the opportunity to hear from key elected officials before the February 6th opening of the legislative session. Legislators who spoke at the sold-out event included Alabama State Senator Arthur […]

Huntsville International Airport sets passenger traffic record

In 2023, Huntsville International Airport (HSV) achieved a historic milestone by surpassing all previous records for passenger traffic, making it the busiest year in its history. A total of 1.47 million (1,473,629) passengers journeyed through HSV, representing a remarkable 22.7% increase in traffic compared to the previous year. For context, the last record-breaking year was […]

December 2023 stats cap challenging year for Huntsville’s market

The Huntsville Area Association of Realtors (HAAR) has released its annual report for 2023, as well as the report for the month of December specifically.  2023 was a year defined by the interest rate shock, which reverberated throughout the entire real estate market. Would-be buyers found homeownership a more daunting prospect as 30-year fixed mortgage […]

Real Estate “Lock-In” effect weakens grip as market begins thaw

Housing and Real Estate statistics taken from the end of December 2023 indicate that the phenomenon of would-be buyers holding off until mortgage rates decline – an effect known as “lock-in” by the industry – has begun to weaken. This suggests that 2024 could see a turnaround from the sluggish pace seen since the twin […]

Jackson Center to host 6th Annual Military Aviation and Air Dominance Summit

Defense Strategies Institute will host the 6th Annual Military Aviation and Air Dominance Summit on January 31 and February 1, 2024 in Huntsville’s Jackson Center.  The Summit will open on January 31 at 8:05 a.m. with remarks from retired Major General Jeffrey Schloesser, who currently serves as the Executive Vice President of Bell. Summit participants […]

AI Talks: HBJ discusses Sam Altman, potential changes to employment with AI integration

AI Talks” is a new series from the Huntsville Business Journal on Artificial Intelligence and its applicability to the world of business. Each month, HBJ plans on bringing you interesting topics led by our new contributing expert writer, Carl Holden. This series will also introduce another new “writer” to our journal: Artificial Intelligence itself. Using […]

Construction Partners completes acquisition of Huntsville-based contractor company

Construction Partners, Inc. (CPI) has officially acquired SJ&L General Contractor, LLC, a hot-mix asphalt and sitework company headquartered in Huntsville, Alabama. Fred J. (Jule) Smith, III, CPI’s President and Chief Executive Officer, said the acquisition was a natural step for CPI’s expansion. “A key component of our growth strategy is to actively expand service capabilities […]