The Economic Development Partnership of Alabama (EDPA) is announced the expansion of the Alabama Business Intelligence Center (AL BI Center). To strengthen and streamline the organization, EDPA’s economic development research function will be aligned with and housed within the AL BI Center. EDPA has provided economic development research support for state, regional and local allies […]
HUNTSVILLE, AL — Polaris Inc. announced a milestone for its Alabama manufacturing facility — the first fully electric RANGER XP Kinetic off-road vehicles are headed out of the Huntsville factory to dealerships for customer pickup. Production of the electric vehicles began earlier this month at the 900,000-square-foot facility, according to Polaris, the Minneapolis-based producer of […]
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 […]
HUNTSVILLE, AL – Mark Splawn has joined the U.S. Space & Rocket Center as Vice President of Projects and Infrastructure. In this role, Splawn will oversee large-scale capital and construction projects as well as key Rocket Center departments, including facilities, security and environmental and technical services. Splawn was previously director of facilities at Dynetics, Inc., […]
ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the election of Dr. Betsy Bugg Holloway to the ServisFirst Bancshares, Inc. and ServisFirst Bank Board of Directors. “ServisFirst Bancshares, Inc. is proud to announce and welcome Dr. Betsy Bugg Holloway as a new Board Member,” states Tom Broughton, ServisFirst Bancshares, Inc. Chairman, […]
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 […]
Deltek, the leading global provider of software and solutions for project-based businesses, announced today that it has appointed Dinakar Hituvalli as its Chief Technology Officer (CTO). In this position, Dinakar oversees Deltek’s engineering and cloud operations teams, and will report directly to Mike Corkery, Deltek’s President and CEO. Dinakar will drive continued growth and innovation […]
The University of Alabama in Huntsville (UAH) held a groundbreaking ceremony today for a new 80,000-square-foot engineering facility that will be named in memory of Raymond B. Jones, long-time business and community leader and past chairman of the UAH Foundation. The facility, which received initial approval by The University of Alabama System Board of Trustees […]
According to Freddie Mac, the national average interest rate for a 30-year fixed-rate mortgage has been declining slightly over the past three weeks, with the national rate reaching a low of 6.32% for the week of March 30, 2023. This dip in rates has led to an uptick in new mortgage applications, with the Mortgage […]
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