Op-Ed provided by: Bank Independent CEO, Macke Mauldin The Vital Role of Community Bank Deposits Most conversations about new digital payment tools often miss a crucial reality: when money exits community bank deposits, local lending is directly impacted. Treasury Secretary Scott Bessent emphasized, “In a fractional banking system, deposits finance lending. When deposits flow out, […]
A mega broadcast merger now leaves Huntsville’s four TV stations in the hands of two companies. The Federal Communications Commission said Thursday it had approved the purchase of Tegna, which owns WZDX-TV Channel 54, by Nexstar Media Group, the owner of WHNT-TV Channel 19. Last August, Gray Media, the parent of WAFF-TV Channel 48, bought […]
Hampton Cove Shops, a retail center adjacent to Walmart in Owens Cross Roads, has been purchased for $7.6 million, Prudent Growth Partners announced. Prudent Growth is a private equity real estate firm based in Chapel Hill and Charlotte, N.C. According to the firm, the 41,681-square-foot center is 96.64% leased to 12 tenants with staggered lease […]
A cornerstone of Raytheon’s missile production on Redstone Arsenal just got a little bigger. The company announced it has completed a 26,000 square-foot expansion of its Redstone Raytheon Missile Integration Facility. At a ribbon-cutting ceremony, Raytheon officials said the $115 million capital investment will increase the facility’s integration and delivery capacity by over 50% and […]
“You will be the changemakers for the future.” With those words, students at Oakwood University left academia for the business world through the Alabama Collective’s Innovation Power Hour. In collaboration with Innovate Alabama, the Alabama Collective hosted the Power Hour in partnership with Oakwood University on Thursday, bringing together students, faculty, alumni, and industry leaders […]
For more than a decade, University of Alabama in Huntsville and Northrop Grumman have partnered on workforce development initiatives. On March 3, the organizations marked a milestone as more than 60 full-time and internship offers were extended to UAH students and recent graduates. Northrop Grumman is currently the leading employer of UAH alumni, and the […]
We all know that technology is ever-changing at an ever-increasing speed. To avoid being left in the dust, whether commercially or militarily, these changes must be met. The Army is making its own transformational changes, as well, to answer challenges from our adversaries. And those changes will be addressed at next week’s Association of the […]
Woodward Design+Build is working on a warehouse expansion project for Gulf Distributing Company in Huntsville. The $9 million project includes a 65,000-square-foot warehouse addition and site improvements to Gulf Distributing’s existing 109,000-square-foot office and warehouse facility. Woodward is providing design and construction services for the project. The expansion follows a previous collaboration between the companies on […]
Delta Solutions & Strategies has named Robert McGuire Program Manager for the Portfolio Acquisition Executive Office (PAE) FIRES, SHIELD program in Huntsville, AL. Robert has more than 30 years of experience in the U.S. Army, including joint and combined full spectrum operations, security cooperation, counter terrorism, artillery cannon and rocket systems, and interagency collaboration. As […]
Community members, healthcare workers, and patients packed into the provided space at Campus 805 for a community forum / listening session on Friday, March 6 to voice concerns over Huntsville Hospital’s proposed acquisition of Crestwood Medical Center, warning that the merger could reduce competition, suppress wages, and limit access to care in one of the […]
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