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| Business News - 2009 |
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Current News » News Archives: 2008 » 2007 » 2006 » 2005 » 2004 » 2003 »
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| June 2009 |
- Huntsville's PPG displays windows at Paris Air Show
Company promotes its solar-reflective coatings
Monday, June 15, 2009
From staff reports Huntsville Times
The Paris Air Show, the aircraft industry's prime-time event, opens today and a local company will be showing off its wares. While touring the exhibits belonging to the likes of Boeing, Airbus and Lockheed Martin, visitors can take a look at PPG Aerospace's display of a key aircraft component - windows. Continue
»
- A realignment boon in Alabama
Thursday, June 11, 2009
By Grace Vuoto, The Washington Times
Even in an economic downturn, and in an era of projected Obama administration defense budget cuts, some regions are thriving. Huntsville, Ala., home of Redstone Arsenal, is bucking current economic trends and presents hope for more growth and prosperity. Continue »
- Teledyne Brown president 'deeply honored' by Manufacturer of the Year award
Thursday, June 04, 2009
By Marian Accardi
Times Business Writer, marian.accardi@htimes.com
Huntsville-based Teledyne Brown Engineering has a deliberate strategy to grow its manufacturing business, so winning the 2009 Alabama Large Manufacturer of the Year award means a lot to the company, said its president Rex Geveden. Continue »
- United adds 2 daily flights to Chicago
Sept. 2 start set; airport will have 3 nonstops to city
Wednesday, June 03, 2009
From staff reports
Huntsville Times
Travelers to the Windy City will have more options available in September when a United Airlines affiliate begins offering two daily round-trip, nonstop flights to Chicago. Huntsville International Airport officials said Monday that United Airlines will begin offering the flights Sept. 2 on 50-seat regional jets operated by Mesa Air Group as United Express. Continue »
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| May 2009 |
- Behind-the-scenes group helped put city on the map
Mike Ward's book details role played by UAH Foundation
Saturday, May 30, 2009
By Mike Marshall
Times Staff Writer mike.marshall@htimes.com
By now, there are few untold stories about Huntsville's transformation from a tiny textile town to one of the most economically vibrant cities in the South. Continue »
- Commercial projects still in pipeline
Friday, May 29, 2009
Huntsville Times
The economy may be slow, but there are still deals brewing behind the scenes. Here are some notes on the local commercial real estate market, collected Thursday from a panel discussion at the third annual Huntsville/Madison County Commercial Market Symposium, hosted by the Alabama CCIM Chapter, Institute of Real Estate Management and the Alabama Center for Real Estate Research. Continue »
- New hospital outlined
CEO explains name, budget and timeline of Madison facility
Friday, May 29, 2009
By Yvonne Betowt
Times Staff Writer yvonne.betowt@htimes.com
MADISON - Residents have talked about it for years. Now "it" has a name: Madison Hospital. The 60-bed, 175,000-square-foot facility is about to become a reality for the city. Continue »
- Dynetics contract 'big win' for area
Firm wins $88.9M missile defense deal over 5 years
Thursday, May 28, 2009
From staff reports
Huntsville Times
Huntsville-based Dynetics has won a nearly $90 million, multiyear contract by the Missile and Space Intelligence Center at Redstone Arsenal, U.S. Rep. Parker Griffith said Wednesday. Continue »
- Griffith touts 'middle road' in his Washington update
Thursday, May 28, 2009
By Patricia C. McCarter
Times Staff Writer patricia.mccarter@htimes.com
Opposing carbon taxes. Fighting proposals for federal health insurance. Battling budget cuts in missile defense. U.S. Rep. Parker Griffith, North Alabama's first-term Democratic congressman, rattled off his conservative stances Wednesday in a speech to the Huntsville/Madison County Chamber of Commerce. Continue »
- Kiplinger's: 'Huntsville is ahead of the game'
Financial magazine ranks city at top of '10 Best' for jobs
Wednesday, May 27, 2009
By Marian Accardi
Times Business Writer marian.accardi@htimes.com
An editor with Kiplinger's Personal Finance spent a few days in Huntsville in April, touring the U.S. Space & Rocket Center, Cummings Research Park, Redstone Arsenal and other landmarks. She also met with Mayor Tommy Battle and other local officials. Continue »
- County home sales drop nearly 29%
Also, median price falls more than 3 percent in April
Wednesday, May 27, 2009
By GINA HANNAH
Times Business Writer gina.hannah@htimes.com
Sales of single-family homes in Madison County dropped nearly 29 percent in April, while the median selling price dropped more than 3 percent, the Huntsville Area Association of Realtors reported Tuesday. Continue »
- Shops, lofts part of plan downtown
4-story project for Councill site pitched to board
Tuesday, May 19, 2009
By Challen Stephens
Times Staff Writer challen.stephens@htimes.com
The Huntsville Housing Authority on Monday began to sell its most valuable property, starting with 1.3 grassy acres where Councill Courts used to sit. With drawings of a bustling plaza across from Huntsville Hospital, T1 Development Group on Monday pitched a four-story project called Resonant Pointe. The first floor would include restaurants and retail; the second floor would hold offices; and the top two floors would be filled with small, affordable condos. Continue »
- Boeing moving missile division
Headquarters, up to 50 jobs coming to Huntsville
Wednesday, May 13, 2009
By KENNETH KESNER Times Staff Writer kenneth.kesner@htimes.com
Boeing is moving its Missile Defense Systems division headquarters to Huntsville from Arlington, Va., and could have from 40 to 50 positions transferred here by the end of the year. Continue »
- Continental auto plant to lay off 377
Wednesday, May 13, 2009
By MARIAN ACCARDI
Times Business Writer marian.accardi@htimes.com
The Continental Automotive plant in Huntsville has notified 346 hourly and 31 salaried bargaining unit employees that they'll be laid off on Friday or within 14 days after that. Continue »
- Airport traffic decreases in April
Both passenger, cargo numbers fall for ninth month
Wednesday, May 13, 2009
From staff reports
Huntsville Times
The trend of fewer commercial airline passengers and less cargo moving through the International Intermodal Center at Huntsville International Airport continued for a ninth straight month. Continue »
- Biotech industry may be in for slump
But HudsonAlpha founder says optimism is back
Sunday, May 10, 2009
By PATRICIA C. McCARTER
Times Staff Writer patricia.mccarter@htimes.com
According to a 130-page report issued this week by one of the world's largest auditing firms, the U.S. biotech industry will not fare well this year. In its 23rd annual statement on the industry, Ernst & Young reported that the current financial crisis - marked by a lack of capital and a glut of a fear from investors over anything slightly risky - is threatening biotech's ability to fund the long and expensive process of testing new drugs. Without enough means for research and development, those biotech companies can't get new drugs on the market, meaning they can't make money. Continue »
- Intermodal Center targets Asia with new cargo facility
'We can do it cheaper, faster, better,' director Mitch Bradley says
Friday, May 01, 2009
By KEITH CLINES
Times Staff Writer keith.clines@htimes.com
Officials with the Port of Huntsville's International Intermodal Center hope that the drumbeats that accompanied the Chinese dragon ceremony Thursday night will call air cargo carriers to the center's new air cargo building. More than 250 invited guests attended the grand opening of the 92,000-square-foot facility with a theme of "An Evening in the Orient." Continue »
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| April 2009 |
- Industrial jobs fall 4.5% in past year
Directory reports steepest loss for state in its history
Wednesday, April 29, 2009
From staff reports
Huntsville Times
Industrial employment in Alabama fell 4.5 percent over the past 12 months, according to the 2009 Alabama Manufacturers Register. The Register, an industrial directory published annually by Manufacturers' News, reported Monday that Alabama lost 15,479 industrial jobs and 108 manufacturers between March 2008 and March 2009, the steepest loss the directory has reported for the state. The Evanston, Ill.-based publishing company has been surveying industry since 1912. Continue »
- Simulator work ready for liftoff
AEgis hopes that model for Saudis is just the start
Tuesday, April 21, 2009
By KENNETH KESNER
Times Staff Writer kenneth.kesner@htimes.com
Behind the plain door of a plain building in Cummings Research Park, David King takes you on a helicopter ride through snow flurries over Salt Lake City airport. Continue »
- University of Alabama in Huntsville hires former NASA Administrator Michael Griffin as eminent scholar
Appointed as eminent scholar
Wednesday, April 15, 2009
HANNAH WOLFSON
News staff writer
The University of Alabama in Huntsville received approval Tuesday to hire ex-NASA Administrator Michael Griffin as an eminent scholar and tenured professor. UAH will use part of a 20-year-old fund for the position that hasn't been tapped to bring him to the school's department of mechanical and aerospace engineering. He'll be paid $350,000 a year from the fund and general UAH sources, university officials said. Continue »
- Chamber site adds job search tool
County's 6.2% jobless rate state's second-lowest
Saturday, April 04, 2009
By MARIAN ACCARDI
Times Business Writer marian.accardi@htimes.com
Looking for a job? The Huntsville/Madison County Chamber of Commerce has launched an improved search engine to help job seekers. Meanwhile, Madison County reported the state's second-lowest jobless rate, at 6.2 percent, in February. Still, there were 5,000 more unemployed residents here than in February 2008. The county's unemployment rate was 3.2 percent in February 2008 and 5.6 percent in January. Continue »
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| March 2009 |
- Toyota names new president at local truck, SUV engine plant
Jim Bolte says 'it's a privilege to lead this good group'
Wednesday, March 25, 2009
By MARIAN ACCARDI
Times Business Writer marian.accardi@htimes.com
Toyota has named Jim Bolte the president of the automaker's Huntsville truck and SUV engine plant, effective April 1. The Huntsville plant is the fifth of Toyota's 14 manufacturing plants in North America with "localized" leadership, that is, a non-Japanese president. Continue »
- Alatec seizes opportunities, empowers its employees
Defense contractor opens new office on Pratt Avenue
Friday, March 06, 2009
By STEVE BYERS Times Business Writer steve.byers@htimes.com
Alatec President Larry Anderson said today's ribbon-cutting for the defense contractor's offices on Pratt Avenue is the direct result of two of his core business philosophies: Seize opportunities for growth when they become available, and surround yourself with a strong team. Continue »
- Weatherman
Robert Baron battled headwinds to become a player in the weather business. Now he wants a spot on your dashboard
Maureen Farrell, 02.25.09, 06:00 PM EST
Forbes Magazine dated March 16, 2009
In November 1989 Robert Baron watched a 200mph tornado ravage downtown Huntsville, Ala., leaving 23 dead. Though he had been a meteorologist at the NBC news affiliate for 20 years, the storm had caught Baron, and his gadgets, totally off guard. Continue »
- High security for local jobs
City is 4th for defense work with clearance
Tuesday, March 03, 2009
From staff reports, Huntsville Times
Once again, Huntsville finds itself near the top of a list of defense-related jobs. ClearanceJobs.com, an online resource for security clearance jobs, ranks Huntsville fourth in its top 10 list of employment of security-cleared professionals in the defense, aerospace and homeland security industries. Continue »
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| February 2009 |
- NeXolve celebrates opening of new office, doubles lab size
Company working on sunshield for Hubble Telescope's replacement
Thursday, February 26, 2009
By STEVE BYERS Times Business Writer steve.byers@htimes.com
A company that's helping NASA develop its next-generation space telescope is also focusing on its Huntsville expansion. NeXolve, formerly known as ManTech SRS, will hold a ribbon-cutting ceremony today at its new offices at 655 Discovery Drive in Cummings Research Park. Meanwhile, the defense and space contractor is doubling the size of its lab on Intergraph's campus off Interstate 565. Continue »
- 'Birthing new technology' is exciting
BizTech grad Q-Track is generating interest
Wednesday, February 25, 2009
By MARIAN ACCARDI, Times Business Writer marian.accardi@htimes.com
Q-Track, a small Huntsville company that's developed wireless tracking technology, is graduating from BizTech, the technology-focused incubator that's been the company's home for the last few years. Continue »
- Two Alabama cities, Huntsville and Mobile, are doing better than most during the recession
Sunday, February 22, 2009
DAWN KENT News staff writer, The Birmingham News
Alabama's biggest metropolitan areas are hurting in the recession, but two of them - Mobile and Huntsville - have a buzz about new opportunities that others are lacking. Both the Port City and the Rocket City are home to projects that are bringing in thousands of new jobs, and the activity is helping to sustain optimism in the face of the economic downturn. Continue »
- Local plant will move two lines overseas
Continental's next generation parts will be made elsewhere
Friday, February 20, 2009
By BRIAN LAWSON, Times Business Writer brian.lawson@htimes.com
Continental AG has decided two product lines built in Huntsville will be moved overseas in 18 to 24 months to build the "next generation" of those products, a company spokeswoman said Wednesday. Continue »
- Downtown site open to development
Proposals sought for 2.6 acres at Holmes, Jefferson
Friday, February 20, 2009
By JOHN PECK, Times Staff Writer john.peck@htimes.com
The City of Huntsville has a downtown site it wants developed into a "signature" mixed-use building that could dominate the skyline. Continue »
- Aerospace company comes to Huntsville
Based in Florida, ASRC is information technology contractor
Thursday, February 19, 2009
By MARIAN ACCARDI Times Business Writer marian.accardi@htimes.com
ASRC Aerospace Corp., an information technology and aerospace engineering company and NASA contractor, has set up a Huntsville operation. "We currently have work with five NASA centers," said Martin McLellan, vice president of ASRC Aerospace, which is based in Cape Canaveral, Fla. Having a presence in Huntsville, he said, better positions the company to add NASA's Marshall Space Flight Center as a partner. Continue »
- Toyota offers 'exit' program
Automaker also cuts back on pay, bonuses
Friday, February 13, 2009
By MARIAN ACCARDI Times Business Writer marian.accardi@htimes.com
Toyota is taking additional steps at its North American manufacturing plants, including its Huntsville truck and SUV engine plant, to further cut production during the automotive sales downturn, including a voluntary "exit" program for all employees, additional nonproduction days in April that will vary among plants, the elimination of executive and salaried bonuses and executive pay cuts. Continue »
- Local firms find local workers in short supply
Chamber says companies must expand recruiting
Wednesday, February 04, 2009
By MARIAN ACCARDI Times Business Writer marian.accardi@htimes.com
A new survey of 112 local companies shows they'll be looking this year to fill at least 2,500 jobs. The top recruitment challenge for 39 percent of those businesses will be finding qualified workers for those jobs, a mix of positions such as engineers, analysts, counselors, physical therapists and programmers. Continue »
- Madison set for turnaround
Development is slower; city makes plans for growth
Tuesday, February 03, 2009
By WENDY REEVES Times Staff Writer wendy.reeves@htimes.comm
MADISON - Plans are under way for more than $1.3 billion in Madison projects that include retail developments. Are they really going to happen? Continue »
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| January 2009 |
- STI opens bigger, better facility
No more turning away work with 54,000 square feet
Friday, January 30, 2009
By BRIAN LAWSON Times Business Writer brian.lawson@htimes.com
About two years ago, STI Electronics CEO David Raby knew the company, which had grown significantly since its founding in 1982, had a problem to solve. Its Madison facility wasn't big enough and it had reached a point where STI had to turn away work. Continue »
- Huntsville nabs top credit rating from Standard and Poors, Moody's
Posted by John Peck
January 28, 2009
The City of Huntsville landed all A's on its financial report card, a relative coup considering the fiscal plight facing many cities across the country. Mayor Tommy Battle and City Finance Director Randy Taylor announced today the top AAA rating by Standard and Poors and the second best Aa 1 rating by Moody's Investment Services. Continue »
- Defense Acquisition University to expand
Agency plans to open new site in November with 90 employees
Wednesday, January 28, 2009
By STEVE BYERS, Times Business Writer steve.byers@htimes.coms
Defense Acquisition University will break ground in two weeks for a building on Old Madison Pike, representing a consolidation and expansion for the Department of Defense agency. Plans call for a 50,000-square-foot structure just west of the ITT (formerly CAS) building, but DAU is awaiting congressional approval to boost the size to 62,500 square feet. Continue »
- Retirees find Huntsville is good place to start again
Older workers' experience, knowledge hot commodities
Wednesday, January 28, 2009
By MARIAN ACCARDI Times Business Writer, marian.accardi@htimes.com
John Pepper and Jerry Nabors retired the same day - Dec. 31, 1999 - from the Army Aviation and Missile Research Development and Engineering Center. They're working together again, in post-retirement jobs as systems analysts with Huntsville-based Intuitive Research and Technology. Continue »
- Income gets city noticed
Huntsville ranks among top in U.S. in salary growth
Saturday, January 10, 2009
From staff reports, Huntsville Times
Huntsville is listed among the top-performing cities for salary growth in the nation, according to Yahoo! Hot Jobs. The Web site based its list on personal income growth figures from the U.S. Commerce Department's Bureau of Economic Analysis, "Best Performing Cities 2008" by the Milken Institute and Greenstreet Partners, and "150 Best Recession-Proof Jobs" by Dr. Laurence Shatkin. Continue »
- Area hanging on even as U.S. jobless rate hits 7.2%
We're doing well, but not immune,' chamber CEO says
Saturday, January 10, 2009
By MARIAN ACCARDI
Times Business Writer, marian.accardi@htimes.com
The U.S. Labor Department's December unemployment rate released Friday reached its highest level in 16 years, climbing to 7.2 percent, with employers nationwide cutting more than a half million jobs last month. Continue »
- Consolidation has CSC 'poised to grow'
Wednesday, January 07, 2009
By STEVE BYERS
Times Business Writer, steve.byers@htimes.com
Defense contractor CSC is consolidating its local operations at The Offices at Bridge Street, company officials said Tuesday.
At 138,466 square feet, the office lease ranks among the biggest in this market in several years. The company - formerly Computer Sciences Corp. - will occupy the entire six-story building, which is almost completed. Continue »
- Scientists Delve Into Public Education
Tuesday, January 6, 2009
By By Sean Cavanagh, EDUCATION WEEK
A visit to the campus of a newly built research center here offers a glimpse of Alabama’s economic heritage and, quite possibly, its economic future. A cotton field, once the lifeblood of the South, borders the headquarters of the HudsonAlpha Institute for Biotechnology, occasionally sending wisps of white blowing across its parking lot. Inside the four-story, $70 million office complex, scientists conduct genetics and genomics research with the potential to transform medicine, as well as agriculture and energy. Continue »
- Intuitive expanding its office
Defense contractor cites 'steady, organic growth'
Saturday, January 03, 2009
By STEVE BYERS
Times Business Writer, steve.byers@htimes.com
Intuitive Research & Technology, which marks its 10th anniversary in June, is celebrating early by expanding its corporate office.
The Huntsville-based defense contractor is adding almost 15,000 square feet in the Colonial Center at Research Park, growing to 32,874 square feet and occupying the entire second floor of one building. Continue »
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