Tag Archive for: Madison County

Huntsville’s Invariant awarded $35.5M contract to support the U.S. Navy

Invariant Corporation was recently awarded a $35.5 million dollar Ground Launched Advanced Precision Kill Weapon System (APKWS) Modular System OTA by the Naval Energetic Systems and Technologies (NEST) in support of the U.S. Navy.  The Naval Energetic Systems and Technologies, in partnership with the National Armaments Consortium (NAC), is a national collaboration supporting the Naval […]

Mazda Toyota Manufacturing celebrates fifth anniversary with community donation

MADISON, AL – Mazda Toyota Manufacturing (MTM) continued their legacy of community development yesterday with the celebration of five years in Madison County, as well as more than $100,000 in donations to community organizations. MTM announced grants totaling $110,000 to 20 local nonprofits through their MTM Grant Fund. This announcement aligned with the Community Foundation […]

NAR says to expect 6% average for 2024 as mortgage rates decrease

The average 30-year fixed mortgage rate continued to decrease this week, with the current average at time of printing down from 7.61% to 7.41%.  As a result, demand for mortgages have begun creeping back upwards, with applications nationwide up 2% over the week. However, this still represents a 20% decrease from the same time last […]

Happy Veterans Day from the Huntsville Business Journal Team!

Dear Huntsville Veterans, The team at the Huntsville Business Journal wants to extend a Happy Veterans Day to all veterans who have served in our area. At this time, the City of Huntsville, the City of Madison, and Madison County are widely supported by and connected to the United State’s military community, and our growing […]

State of the County Address tackles pains of population growth, outlines infrastructure plan

The Von Braun Center kicked off a busy holiday season this past Tuesday, November 07, while hosting the State of the County Address. Sponsored by the Huntsville Hospital Health System and the Huntsville/Madison County Chamber of Commerce, Chairman of the Madison County Commission, Mac McCutcheon, gave an address that tackled population growth, budgeting, and quality […]

Bank Independent announces continued partnership with local university aimed at student success

Bank Independent continued an important community educational partnership that began back in 2018. Around 6 years ago, the Shoals community and the University of North Alabama (UNA) began the process of generating interest, ideas, and revenue for a state-of-the-art football stadium. Since the rebirth of their football program back in 1949, the University of North […]

Pryor Field announces expansion via new multi-million dollar additions

Pryor Field Regional Airport (DCU) is growing yet again, with a new taxiway and access road underway on the northwest side of the airport.  Pryor Field Regional Airport (DCU) in Tanner, AL, broke ground this month on a concrete taxiway and access road that stems off of the existing parallel taxiway for Runway 18/36. This […]

Huntsville Emergency Medical Services announces important community merger

HUNTSVILLE, AL – The board of directors of Huntsville Emergency Medical Services, Inc. (HEMSI) has approved an agreement for the non-profit ambulance service to join the Huntsville Hospital Health System. The merger is effective January 1, 2024, according to a joint announcement from both entities.  Jeff Samz, CEO of Huntsville Hospital Health System, mentioned that […]

Local, national real estate markets buck under interest rates

Housing affordability continues to be a major concern across the United States. ATTOM Data Solution’s Q3 2023 US Home Affordability Report shows that median single-family and condo unit prices in Q3 were less affordable than historic averages in 99% of counties nationwide.  Moreover, with interest rates hovering around 8%, ‘major home expenses’ now take up […]

NAI Chase announces 1,280-acre land sale with Loveman Realty

HUNTSVILLE, AL – NAI Chase Commercial Realty, a member of NAI Chase Global, and Loveman Realty announced their exclusive representation of the 1,280-acre Land Sale in rapidly growing Limestone County, Alabama. This parcel of land presents an opportunity for a diverse range of development projects, including mixed-use developments, industrial/manufacturing ventures, and residential communities. The team […]