HUNTSVILLE, AL – Mauldin & Jenkins announced that it will acquire Huntsville’s MDG Professional Group, P.C. (MDG), a full-service accounting firm in Huntsville, Alabama. Effective January 1, 2023, the transaction further expands Mauldin & Jenkins’ presence in the North Alabama region and represents the second acquisition in the Huntsville area for the rapidly growing firm […]
Erin Koshut, Executive Director of Cummings Research Park (CRP), the second largest research park in the U.S. and the fourth largest in the world, has been named president of the Association of University Research Parks (AURP) Board of Directors. AURP is a nonprofit organization representing more than 250 research parks and innovation districts globally, as […]
MADISON, AL – The Rocket City Trash Pandas are hiring! Ahead of the third season of Trash Pandas baseball in 2023, the team will be hosting a job fair at Toyota Field on Saturday, February 11 beginning at 10 a.m. The Trash Pandas are looking for people with strong energy, passion, and enthusiasm to work […]
In May 2022, United Community Bank, Inc. (United) announced the acquisition of Progress Financial Corporation (Progress) in an all-stock transaction with an aggregate value of approximately $271.5 million. As of last week, United announced that the merger was completed. In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, […]
HUNTSVILLE, AL – The Alabama State Health Planning & Development Agency awarded Crestwood Medical Center a Certificate of Need to build a freestanding emergency department (FSED) in the Harvest community. The Crestwood Medical Center ER – Harvest will be located at the corner of Highway 53 and Burwell Road and will provide emergency services 24 hours […]
The big news in the real estate market this week has been the slight uptick in the average rate of a 30-year fixed rate mortgage. According to Freddie Mac, the mortgage rates had been steadily declining for five weeks prior to the week ending December 29, 2022. This led to a drop of three-fourths of […]
2022 was a year marked with a sharp, shocking rise in inflation and then interest rates, which reverberated throughout the real estate market. Despite these events, and the subsequent slowdown of the housing market, the prognosis for Huntsville’s real estate market for 2023 is surprisingly positive. As reported earlier this month, the National Association of […]
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, December […]
The American workforce has changed dramatically in the past 50 years, though for many, wages have remained the same or even shrunk. Union participation has declined steeply alongside a decrease in employee benefits and retirement packages. The educational requirements for many jobs have increased, while other segments of the market have disappeared entirely, like video […]
Weekly statistics for the Huntsville/Madison County residential real estate market, compiled by the Huntsville Area Association of Realtors (HAAR), continues to show a trend of general slowdown. The report, accurate as to December 10, 2022, shows that both new listings and pending sales for single-family units continued to decrease, with listings down 27% and pending […]
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