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| Business News - 2009 |
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| Current News » Archives: 2011 » 2010 » 2009 » 2008 » 2007 » 2006 » 2005 » 2004 » 2003 » |
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| December 2009 |
- Applied Genomics bought by California firm
By Budd McLaughlin
December 22, 2009
Huntsville-based Applied Genomics Inc. has been acquired by a California company in a deal worth up to $17.6 million. Clarient of Aliso Viejo, Calif., a leading provider of cancer diagnostic testing, announced the merger. AGI is an associate member of HudsonAlpha Institute of Biotechnology and develops tools to detect and classify cancer in people. Continue »
- Dynetics buys Huntsville-based rocket propulsion contractor Orion Propulsion
By Shelby G. Spires
December 15, 2009
Huntsville-based aerospace contractor Dynetics inked a deal this morning to buy Orion Propulsion for an undisclosed sum. Orion was founded by rocket propulsion engineer Tim Pickens, who worked on the first private spacecraft SpaceShip One. The purchase is aimed to expand Dynetics ability to develop aerospace work like NASA research, small spacecraft and propulsion, said Steve Cook, Dynetics director space technology development. Continue »
- New Work on Magnets Has Many Industry Applications
 Correlated Magnetics Research LLC (CMR), a company founded in Madison County, Alabama, made the discovery of a new technology that will allow the design and manufacture of programmable magnets for use across industry and worldwide. Coded magnetic structures can be designed to deliver precise holding strength characteristics, customized release behavior, prescribed alignment tolerances, and even unique identities that can discriminate among other programmed magnets and determine which devices will interact. Continue »
- 4 Wildly High-Tech Military and NASA Research Projects
By Joe Pappalardo (Published on: November 25, 2009)
Popular Mechanics - The Redstone Arsenal is an engineers' playground. The massive base hosts NASA and Army researchers involved in spacecraft and weapons-systems testing, from moonbound rockets to America's Army video-game development. During a recent tour, Popular Mechanics was shown—and stumbled across—research tests and demonstrations that highlight the scope of science and engineering that is performed every day within the Huntsville, Ala., secured location. Continue »
- Polar Printer Reimagines the Way Magnets Work (With Video!)
By Joe Pappalardo (Published on: November 24, 2009)
Popular Mechanics - A team of engineers in Alabama unveils an invention that reimagines the way magnets work, and that could change the way we do everything from closing the fridge to building frictionless gears. Continue »
- A model company for steady growth
As AEgis opens its new HQ, founderslook toward future
Saturday, December 12, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
When Bill Waite and Steve Hill started AEgis Technologies, they worked out of the basement of Waite's home. They bought their first piece of equipment, a printer, in a cash transaction by the trunk of a car parked behind a Taco Bell restaurant. Continue »
- Avocent sale almost finalized
Emerson has no plans to trim jobs as part of $1.2B deal
Saturday, December 12, 2009
From staff reports, Huntsville Times
With about 43.2 million shares of Avocent stock tendered, Emerson Electric has completed its offer for all of the outstanding shares of the Huntsville-based company. In October, Emerson announced plans to buy Avocent for $1.2 billion. Continue »
- Modest beginning recalled as deciBel opens new office
Friday, December 11, 2009
By Marian Accardi
Times Business Writer marian.accardi@htimes.com
A few months after starting deciBel Research, Bassem Mahafza, who was seeking security clearance so he could pursue government work, was visited at his office by a Defense Security Service agent. The agent looked around Mahafza's office, noted that there were no chairs and told him that she expected him to have some chairs when she returned the following week. Continue »
- Madison Hospital breaks ground on rainy day
Dignitaries break ground on new Madison Hospital
December 09, 2009
By Yvonne T. Betowt
MADISON, AL - Neither wind, nor rain, nor umbrellas turned inside out could dampen the enthusiasm of some 200 people who gathered Tuesday morning to celebrate the groundbreaking for a new Madison Hospital. Continue »
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| November 2009 |
- Continental workers prepare for closing
Company offers employees job fair, education exhibits
Friday, November 13, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Tamara Underwood, a tech operator at Continental Automotive Systems, finished her shift at 6:30 a.m. Thursday, but stayed on at the plant until 10 to check out job opportunities with local employers at Continental's education and career fair. Continue »
- Ares 'best invention of 2009'
Time magazine points out NASA's record of successes
Friday, November 13, 2009
By Shelby G. Spires, Times Aerospace Writer shelby.spires@htimes.com
The Ares I rocket managed at Marshall Space Flight Center has been named the Best Invention of 2009 by Time magazine. The splash in the national magazine comes just over two weeks after a successful launch of the Ares I-X, a test rocket that showed what NASA has done right, and wrong, with the new rocket design. It also follows a slew of criticism for Ares I, which has been recommended for the scrap heap by the Augustine Commission studying the future of manned spaceflight. Continue »
- Huntsville in Top 10 'best performing'
Milken Institute looks at job growth, life quality in annual survey of U.S. cities
Thursday, November 12, 2009
By Shelby G. Spires, Times Staff Writer shelby.spires@htimes.com
It dropped three spots, but Huntsville remains in the Top 10 of this year's Milken Institute ranking of the country's best-performing cities. Continue »
- Hospital work starts Dec. 8
Facility hopes to be open for patients in February 2012
Tuesday, November 10, 2009
By Yvonne Betowt, Times Staff Writer yvonne.betowt@htimes.com
MADISON - Christmas is coming early this year for the citizens of Madison. Monday night at the Madison City Council meeting, Huntsville Hospital CEO David Spillers told a packed City Council chambers something residents have been waiting to hear many years - a groundbreaking ceremony date for the new Madison Hospital. Continue »
- Von Braun Center officials ask for parking patience as $24.5 million construction project begins
By Jon Busdeker
November 09, 2009, 10:32AM
HUNTSVILLE, AL -- Von Braun Center officials have asked their employees and tenants who park near the building to have "patience and understanding" as constructions crews begin renovations. Continue »
- Huntsville Museum of Art expansion project raises questions about institution's role in community
By Jon Busdeker
November 01, 2009, 12:10PM
HUNTSVILLE, AL - Maybe Tabatha Jarmulowicz expects too much of the Huntsville Museum of Art. Or maybe it's a matter of taste. But the 28-year-old art student, who is a member of the museum and even had her wedding there, often finds herself disappointed by the choice of exhibitions. Continue »
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| October 2009 |
- Agility to move its base here
Support services provider wants to be near customers
Thursday, October 15, 2009
By Kenneth Kesner, Times Staff Writer kenneth.kesner@htimes.com
Agility Defense & Government Services, a worldwide provider of logistics and support services, is joining the list of companies making Huntsville their headquarters. Continue »
- Global Logistics Leader Selects Huntsville as Headquarters for U.S. Operations
Taos Industries' parent Agility Defense & Government Services, Inc., attracted
by growing defense presence, quality of life
Wed Oct 14, 2009
HUNTSVILLE, Ala.--(Business Wire)-- Agility Defense & Government Services, Inc. (DGS), the U.S. defense arm of leading logistics provider Agility, announced today that it will make Huntsville its home. Continue »
- City a top spot to launch businesses
Fortune's November issue places Huntsville at No. 1 for medium-size cities
Wednesday, October 14, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Huntsville is ranked the No. 1 medium-size city in which to grow a business in Fortune Small Business' "Best Places to Launch" feature that appears in the magazine's November issue. Continue »
- Avocent sold for $1.2B in cash deal
City will be left with only two publicly traded companies
Wednesday, October 07, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Huntsville, once home to six publicly traded companies, will be down to two when a $1.2 billion deal to sell Avocent to St. Louis-based Emerson Electric goes through in January. The cash-only sale of Avocent, which sent the Huntsville network equipment company's stock soaring by 21 percent when announced Tuesday, is expected to close Jan. 1, pending regulatory approval and approval by a majority of Avocent stockholders. Continue »
- Emerson Electric buys Huntsville-based Avocent
Avocent has been sold to St. Louis-based Emerson Electric for $1.2 billion.
October 06, 2009, 8:18AM
By Budd McLaughlin, The Huntsville Times
Huntsville-based Avocent has been bought by Emerson Electric in a $1.2 billion deal, the companies announced this morning. The Avocent board of directors unanimously approved the agreement where St. Louis-based Emerson would acquire the local technology company for $25 per share. Avocent's closing stock price Monday was $20.52. Continue »
- Magnetic idea 'world changing'
CMR to license technology to program magnet materials
Saturday, October 03, 2009
By Kenneth Kesner, Times Staff Writer kenneth.kesner@htimes.com
The company founded by a well-known local scientist and inventor unveiled technology involving magnetism with the hope it will attract money. Larry Fullerton, formerly of Time Domain, has developed a process to "program" magnetic and electromagnetic materials so they will only attract or repel a particular mated magnet, with specific force at a specific distance and in a specific position. Continue »
- New Magnetics Discovery in Huntsville, AL
Correlated Magnetics Research LLC (CMR) announced recently the development of a new technology that will allow the design and manufacture of programmable magnets for use across industry and worldwide.
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| September 2009 |
- New Blue Cross office already in growth mode
70-person service center may expandto 170, CEO says
Tuesday, September 29, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
A Blue Cross and Blue Shield of Alabama service center in Huntsville, which formally launched operations Monday, has created 70 jobs and hopes to add 100 more over time, the health insurer's chief executive said. Continue »
- Teledyne Brown, hospital honored as heart-healthy
Program salutes firms that promote physical activity
Tuesday, September 29, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
The American Heart Association has named Huntsville Hospital and Teledyne Brown Engineering as Start! Fit-Friendly Companies for their efforts in promoting physical activity and health in the workplace. Continue »
- VT sees bigger future here
Engineering services company consolidates under new name
Wednesday, September 23, 2009
By Budd McLaughlin, Times Business Editor budd.mclaughlin@htimes.com
VT Services CEO David Dacquino likes to compare his company's future to Huntsville's. "VT is a lot like Huntsville," he said. "We are a big company and all about that small-company feel. Huntsville is a city but still feels like small-town America. Continue »
- Phoenix 'rebrands' itself at ceremony
'Rising Above.Going Beyond.' is new company slogan
Wednesday, September 23, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Phoenix, which has provided jobs, job placement and other services to people with disabilities for 36 years, "rebranded" itself in a ceremony on Tuesday. Phoenix, previously known as the Huntsville Rehabilitation Foundation, is headquartered at 2939 Johnson Road. The new slogan announced Tuesday is "Rising Above. Going Beyond." Continue »
- New Palco facility
Wednesday, September 23, 2009
Huntsville Times
Palco Telecom Services, a women-owned company specializing in refurbishing telecommunications devices, held a ribbon-cutting ceremony Tuesday for its new 85,000-square-foot manufacturing facility in Huntsville. The company expects to hire 30 to 50 new employees the next year. Palco, which has facilities in Wichita, Kan., and Norcross, Ga., is consolidating most operations here. Janice Migliore is CEO and board chair. Continue »
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| August 2009 |
- Holly to run Lockheed's missile unit
New division based here includes 900 workers across U.S.
Wednesday, August 26, 2009
From staff reports, Huntsville Times
Lockheed Martin Space Systems has established a missile defense systems operation here. Retired Army Maj. Gen. John Holly will head the unit as Lockheed's vice president for Missile Defense Systems. Continue »
- Alliance to honor 8 Valley groups
Tech innovation to be recognized at Tuesday event
Monday, August 24, 2009
From staff reports, Huntsville Times
The Hudson-Alpha Institute for Biotechnology and the Fort Payne Board of Education head a list of eight companies, schools and agencies being honored as innovators of new technology by the Valley Innovation Alliance. Continue »
- Car dealers won't accept recession
Bill Penney Toyota one of several firms investing in market
Sunday, August 23, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Bill Penney Toyota is building a new showroom and service department, a $3 million project that's been in the planning stages since early last year. Continue »
- County jobless figure steady
July rate same as June's: 7.9%; state rate rises to 10.2%
Saturday, August 22, 2009
By Budd McLaughlin
Times Business Editor budd.mclaughlin@htimes.com
In a sign that the recession may be easing its grip, Madison County's unemployment rate for July stayed the same as June's, and the state rate increased just 0.1 percentage point. Continue »
- Home sales in state post 3rd straight gain
In Huntsville area, 5.5% jump in July compared to June
Saturday, August 22, 2009
From staff and wire reports, Huntsville Times
Home sales in Alabama rose in July for the third consecutive month to the highest level in nearly a year. Statewide, 4,008 homes were sold last month, according to the Alabama Center for Real Estate at the University of Alabama. That's a 2.5 percent increase over June and an 8 percent drop from the same month last year. From Jan. 1 to July 31, 22,201 homes were sold statewide, a 20 percent drop from the year-ago period. Continue »
- Toyota will add 240 jobs
Production of 4-cylinder engines starts in 2 years
Saturday, August 22, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
The Toyota truck and SUV engine plant in Huntsville will start producing four-cylinder engines for Camry sedans and the RAV4 compact SUVs in the summer of 2011, plant executives announced Friday. That will boost the plant's capacity to 577,000 engines a year. Continue »
- BRAC building is last one
Rotary Wing Center includes hangar, office at Redstone
Friday, August 21, 2009
From staff reports, Huntsville Times
A ground-breaking ceremony today for a Rotary Wing Center at the airfield on Redstone Arsenal will mark the beginnings of the final BRAC construction projects on the sprawling military base. Continue »
- Building permits near level of 2008
Friday, August 21, 2009
Despite the soft housing market, builders in Madison County are still chugging along, logging 1,216 building permits between Jan. 1 and July 31. That's just 45 permits shy of 2008's year-to-date total. Continue »
- Teledyne to lay off 130
Firm hopes some plant workers here can be relocated
Friday, August 21, 2009
From staff reports, Huntsville Times
More than 100 employees of Teledyne Brown here will be laid off from the company's year-old plant within two months, the company says. According to company President Rex Geveden, Teledyne Brown has given 60-day layoff notices to 130 employees. The job cuts are related to a "slowdown" at a Department of Energy uranium-enrichment project in Ohio. Continue »
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| July 2009 |
- Industrial park CEO expects great things
Hilson says $50K per acre makes it 'very marketable'
Thursday, July 16, 2009
By Steve Doyle, Times Staff Writer steve.doyle@htimes.com
The president and CEO of the Huntsville-Madison County Chamber of Commerce sees a bright future for the area's newest industrial park. Brian Hilson said the 600-acre North Huntsville Industrial Park off Pulaski Pike has the potential to mimic the success of Chase Industrial Park. Continue »
- Boeing to lay off 130 in Huntsville in response to planned cuts in missile defense program
Posted by kkesner July 16, 2009 13:28PM
HUNTSVILLE, AL -- Boeing announced today it is laying off about 130 employees in Huntsville in response to cuts in the 2010 defense budget and "the administration's shift in U.S. defense priorities." In a statement, the company said layoff notices will be issued to about 250 employees in the Ground-based Midcourse Defense program at various locations, including Alabama, Alaska, California and Colorado. Continue »
- Madison among 'Money's' top picks
City is No. 49 on list of best small cities in which to live
Tuesday, July 14, 2009
By Yvonne Betowt, Times Staff Writer yvonne.betowt@htimes.com
The City of Madison has seen its big sister city, Huntsville, win several "Best City" honors in recent years. Today, Madison city officials and citizens can bask in their own glory after being named one of the nation's Top 100 small cities in which to live in 2009 by CNN/Money magazine. Continue »
- Aerodyne 'very excited' about an MCR future
Firm based in Virginia buys local aeronautical systems specialist
Friday, July 10, 2009
From staff reports, Huntsville Times
Huntsville-based Aerodyne has been purchased by MCR, a Virginia-based professional services company. MCR, which closed the purchase June 30, did not disclose the terms of the acquisition. Continue »
- Redstone Arsenal, Drake State form education partnership
'Co-op program set to begin with fall semester
Wednesday, July 08, 2009
From staff reports, Huntsville Times
The Army Garrison Command at Redstone Arsenal and Drake State Technical College are partners in a Cooperative Educational Program beginning with the fall semester. Continue »
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| June 2009 |
- ASI owner to expand here
ASRC will start work soon on facility, add 100 jobs over 3 years
Tuesday, June 30, 2009
By Marian Accardi, Times Business Writer marian.accardi@htimes.com
Greenbelt, Md.-based ASRC Federal Holding plans a 27,000-square-foot building in Cummings Research Park. Construction will start in July with a target completion date of April. Continue »
- 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 Council 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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- 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 »
- Intergraph cuts 200 jobs, including 68 at Huntsville headquarters
Posted by Steve Byers January 14, 2009 1:12 PM
Categories: Business
Intergraph Corp. cut 200 jobs Tuesday, including 68 at its Huntsville headquarters. The software developer, which now has 1,350 employees locally, cited the "unprecedented macro economic climate." 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 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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