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 […]
On 26 December 2023 the federal government released updated proposed cybersecurity requirements for defense contractors and subcontractors who conduct business with the U.S. Department of Defense (DoD). This set of proposed regulations, known as CMMC (Cybersecurity Maturity Model Certification) was released as a 234-page document, which is published online in the Federal Register. The Huntsville […]
Over the past few years, a variety of changes have happened in North Alabama that have altered the landscape of the Rocket City. Once a rather quiet, smaller southern city, Huntsville has experienced an explosive influx of people. The catalyst for such population demographics in Huntsville, which surpassed the population of Birmingham back in 2021, […]
HUNTSVILLE, AL – Attention Huntsville business owners – it’s once again time to renew operating licenses for 2024. The deadline for renewal without penalty is Jan. 31. Through the City of Huntsville’s user-friendly online portal, a streamlined renewal process makes it easier than ever to do business in Huntsville. “Since the onset of the pandemic, our […]
As the year comes to a close, the City of Huntsville’s new city of hall is on the verge of completion as various departments begin the process of relocating to their new downtown location. To help complete this move, the City of Huntsville announced the creation of a brand new business hub, which will be […]
HUNTSVILLE, AL – Adding to the growing list of accolades, the City of Huntsville was recently ranked as one of the fastest growing, affordable cities in the nation. According to U.S. Census Bureau data tabulated by GOBankingRates from December 07, 2023, populations in some of the largest cities in America, such as New York City […]
The Huntsville Area Association of Realtors (HAAR) has released their monthly report for November of 2023. The amount of inventory available in the Huntsville/Madison County Market has continued to grow, with a total of 1856 units available, up from 1631 in November 2022. However, the average sales price has continued to rise, up to $375k […]
“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 […]
It has been fairly well documented this year how rising interest rates have affected the housing markets in the Huntsville area compared to nationwide trends. However, what effect are these rates having on the commercial development side of the real estate sphere? To answer this question, the Huntsville Business Journal talked to local experts while […]
The real estate market has been buffeted by the twin perils of inflation and interest rates, with inventory issues further complicating matters. Last week, experts sounded the alarm on another disrupting factor for the continued future: the rising cost of home insurance in a world of climate change. At last week’s National Housing Conference’s affordable […]
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