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 […]
Freedom Real Estate & Capital, Torch Technologies and Invariant Corp. have announced they will be breaking ground on a mixed-use facility in South Huntsville, with a targeted completion date in summer 2021. The groundbreaking ceremony, cancelled due to COVID-19, was set to take place at the end of April. This new development follows the 2019 […]
Sitdown with Success is a feature of the Huntsville Business Journal spotlighting local entrepreneurs and their path to success and advice for future entrepreneurs. It’s easy to see why employees on Torch’s campus, that is home to Torch Technologies and Freedom Real Estate and Capital, LLC, are so happy. We sat down and spoke with […]
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