Tag Archive for: North Alabama

GE Aerospace launches as independent public company following spin-off

As of April 02, 2024, GE Aerospace (NYSE: GE) officially launched as an independent public company. This move comes after the completion of the GE Vernova spin-off. GE Aerospace will be traded on the New York Stock Exchange (NYSE) under the ticker symbol “GE.” To commemorate the occasion, both GE Aerospace and GE Vernova will […]

Singing River Trail’s $18.4 million Reconnecting Communities & Grants sees approval

In a bid to foster connectivity and promote historical preservation, the Singing River Trail’s (SRT) latest initiative, the “Dr. Bill Sims Hike-Bike Way on the Singing River Trail: Reconnecting Old Town to Decatur’s Riverfront” project, has been approved. In partnership with the City of Decatur and the Decatur Morgan County Tourism’s Board of Directors, SRT’s […]

Toyota Alabama announces newest production line with a $222M expansion

Toyota Motor Manufacturing Alabama’s economic footprint continues to skyrocket, with the sixth production expansion in North Alabama. Toyota Alabama announced the start of production on its i-FORCE 2.4-liter turbo engine line for the all-new Tacoma. Powered by a previous investment of $222  million, the new production line aims at fulfilling customer demand and company goals. […]

Rate cuts likely delayed as economy hotter than projected

The Consumer Price Index, tracking the economy during the first month of 2024, suggests that the Federal Reserve will be unlikely to cut interest rates until late spring at the earliest.  Data for January showed that the annual inflation rate registered at 3.1%. While this is a noticeable decrease from the 3.4% of December, economists […]

Billboard: Orion Amphitheater Top East Coast Amphitheater in 2024 list

HUNTSVILLE, AL – The awards continue to come streaming in for the Rocket City as now a major venue in North Alabama has scored national recognition. Billboard has named Huntsville’s very own Orion Amphitheater as the “Top East Coast Amphitheater” on the 2024 Top Music Venues list, a list thank includes only 26 other venues […]

Workforce development goals set to expand with strategic partnership between local schools, Madison County

Drake State Community and Technical College, Madison County, and Huntsville City Schools (HCS) have partnered to address the growing demand for a skilled workforce in Madison County. As a notable step towards this shared goal, Madison County has donated a dump truck to facilitate Drake State’s free CDL classes. HCS will provide space for the […]

Alabama A&M University seeking closer alliance with Huntsville, Madison County businesses

President Daniel Wims, of Alabama A&M University (AAMU), spoke to the Huntsville Rotary Club on Tuesday, January 30th. The meeting was held at Huntsville’s First Baptist Church.  Dr. Patricia Sims, President of Drake State, introduced President Wims to the gathered Rotarians and their guests.  President Wims used the opportunity to applaud the record-setting growth of […]

Real Estate Update: Inventory Squeeze Cools Mortgages

Mortgage application volume dropped by 7.2% last week, a drop that the Mortgage Bankers Association is attributing to intense competition among buyers for a relatively small number of units available.  Across the nation, applications for mortgages for purchasing homes specifically declined by 11% over the week, which represented a total drop of 20% year-over-year.  This […]

Bank Independent announces new addition to North Alabama leadership

Bank Independent announced yesterday that Mallory Murphy has returned as Mortgage Originator for the Shoals area. In this role, Murphy will leverage her mortgage industry knowledge and passion for service to build relationships and create an exceptional home financing experience. “We’re thrilled to welcome Mallory back to the Bank Independent team,” said Amy Henry, Senior […]

ASCTE breaks ground on new Sentinel Center after increased student demand

The Alabama School of Cyber Technology and Engineering (ASCTE), a public magnet school on Wynn Drive, broke ground on its upcoming student activity center, a new space for the school’s clubs and athletic teams. The Sentinel Center will include a 1,100-seat gymnasium, purpose-built basketball and volleyball courts, a wrestling room, fully equipped locker rooms, multifunctional […]