First Horizon Bank has established the Huntsville Advisory Board, a new group aimed at guiding strategic planning, fostering business development, and strengthening community ties across Huntsville and the broader North Alabama region. The board brings together a roster of prominent local leaders who will advise the bank on opportunities to advance the city’s business climate […]
On Thursday, July 24, Bill Roark, a Huntsville resident and co-founder of Torch Technologies, appeared before the Senate Health, Education, Labor, and Pensions (HELP) Committee in Washington, D.C. Roark spoke to the committee to share his support for the Promotion and Expansion of Private Employee Ownership Act. The hearing coincided with the introduction of the bipartisan […]
HUNTSVILLE, AL – Employee stock ownership plan (ESOP) companies have become popular throughout the United States with around 6,467 in total as of the end of 2023. This number also represents more than $1.6T in overall assets across the nation. Here in Huntsville, one such company has been growing its employee access to part ownership […]
One Huntsville company was eager to embrace the Halloween season this past Friday while also celebrating a new milestone. Invariant held a ribbon cutting for the company’s newest expansion at 4040 Chris Drive which was branded as a “Spooky Soirée” and a “Wicked Ribbon Cutting” since it occurred on Friday the 13th just weeks before […]
Ground has been officially broken and the first building is on the way for Freedom’s Real Estate and Capital’s Freedom Industrial Park located across from Toyota Manufacturing on Pulaski Pike. According to Freedom Real Estate CEO Bill Roark, the new Industrial Park will be a massive undertaking for the company. The first of five scheduled […]
Torch Technologies announced the promotions of Sam Burkett to Senior Vice President and Brady Porter to Vice President effective February 1, 2023. Mr. Sam Burkett Burkett joined Torch in 2016 and manages the Torch Air Force Weapons Group headquartered in Shalimar, FL, with employee-owners in Albuquerque, NM, Dayton, OH, Boston, MA, Hampton, VA, Las Vegas, […]
Freedom Real Estate & Capital celebrated with their newest tenants during a ribbon cutting ceremony of a new multi-use building located at 4040 Chris Drive. Representatives from Invariant Corporation and Torch Technologies were also present at the ceremony which took place on September 30 at the recently-developed property. The new complex totals 92,000 square feet […]
More than 30 Huntsville-area small businesses have been recognized in this year’s Inc. 5000 List of America’s Top Private Companies. As expected, the top category is Government Services, which features 15 Huntsville-area businesses. It is followed by Engineering with six companies. There are two companies in each of the Business Products & Services; Construction; and […]
Torch Technologies has been awarded a $722 million task order to develop models and simulations for the Army. The award was by the Army’s Combat Capabilities Development Command Aviation and Missile Center Systems Simulation Software and Integration Directorate for Modeling and Simulation Aviation and Missile Systems. The task order has a five-year period of performance […]
Did someone say there is an economic downturn due to the COVID-19 pandemic? Well, the facts on the ground do not bear that out here, according to the Huntsville/Madison County Chamber of Commerce. “With COVID-19, this has certainly been a challenging year, but in spite of all that is happening, Huntsville still continues to see […]
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