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Economic Development News
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| Economic Development Highlights |
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| Current » 2007 » 2006 » 2005 » 2004 » 2003 » |
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Dynetics Breaks Ground on New Headquarters Building in Cummings Research Park
12/14/04
Dynetics, Inc., has broken ground on a 160,000 square foot building in Cummings Research Park (CRP) which will serve as its corporate headquarters. The new 4-story building will house corporate executives and staff, as well as special conference and training facilities, classified and special program analysis and computing areas, an expanded library, and a fitness center. Continue (PDF) »
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Pictured left to right: CEO Marc Bendickson, Dynetics; Mayor Loretta Spencer, City of Huntsville; County Commission Chairman Mike Gillespie, Madison County; and President Tom Baumbach, Dynetics. |
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Lockheed Martin Adds Jobs
Lockheed Martin plans to add 160 new jobs to its existing workforce over the next 18 months as part of a government air defense program. The $767 million contract is for the battle management and control systems of the Medium Extended Air Defense System (MEADS), which is a joint project involving the U.S., Germany and Italy.
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 Westin Announces First Alabama Hotel
12/9/04
Starwood Hotels & Resorts Worldwide announced the development a new 200-room luxury Westin hotel and conference center to be located in Huntsville’s Cummings Research Park. The hotel, which is the first Westin hotel in Alabama, is expected to open in the fall of 2006 and will be the centerpiece of Bridge Street, a new $200 million mixed-use lifestyle center developed by O&S Holdings out of Los Angeles. In addition to the guest rooms and conference facilities, 40 privately-owned residences will occupy the top five floors of the hotel development and will be marketed by Averbuch Realty. Continue (PDF) »
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Westin's signature Heavenly Beds® will be featured in every room. A demonstration of a properly made Heavenly Beds® was a "just right" addition to the hotel announcement. |
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International Intermodal Center Celebrates $13.4 million Expansion
10/26/04
The International Intermodal Center (IIC), located at Huntsville International Airport, recently celebrated the completion of $13.4 million in capital improvements which is part of an ongoing $24 million expansion. The project took place in several phases and lasted over three years. Continue »
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| Government dignitaries and special guests, together with board members from the Huntsville-Madison County Airport Authority and Port of Huntsville staff, gathered on October 26 to celebrate improvements made to the International Intermodal Center, one of the main operating entities of the Port of Huntsville. Pictured left to right: Dwight Jennings, board member; Nancy Green-Burg, board member; Robert Martinez, vice president of business development for Norfolk Southern Corporation; Mayor Loretta Spencer, City of Huntsville; U.S. Senator Richard Shelby; U.S. Representative Bud Cramer; Mike Gillespie, chairman Madison County Commission; Jeff Sikes, board member; Betty Fletcher, board member; and Rick Tucker, executive director Port of Huntsville |
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Governor Riley Announces Major Toyota Expansion and New Jobs in Huntsville
9/24/04
Governor Bob Riley joined community leaders from Huntsville and executives from Toyota today to announce another expansion of Toyota's engine plant located in Huntsville.
"This is the second major expansion of the Toyota plant in the past 14 months and is yet another sign that Alabama's economy is on the right track," Governor Riley said. "The fact that Toyota has essentially doubled its presence in Alabama shows not only that this is a truly successful company with a great team of workers, but that it also has a lot of confidence in the economy of our state."
This expansion project will nearly double the size of the current facility. Additional investment for this expansion will be $250 million, bringing the total to $490 million. Another 300 jobs will be added for a total of 800. Annual production capacity will be increased by 150,000 engines for a total of 400,000 units. Continue (PDF) »
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Analytical Services, Inc. to Build New Corporate
Headquarters Building in Cummings Research Park
Research Park Land Deal Signifies Growth and Plans for Future Expansion
8/10/04
Analytical Services, Inc. (ASI) today announced plans for the construction of a new 25,000 square foot corporate headquarters facility located in Cummings Research Park. The announcement comes following the purchase of a 9.8-acre tract of land located on Voyager Way. As the company moves forward with construction plans, the new building will accommodate both current and future growth. Continue (PDF) » |
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Nektar Therapeutics Adds More Jobs
 Chemical manufacturer and pharmaceutical researcher Nektar is adding 18 more jobs to its Huntsville operations. The company is also making an added investment of nearly 26 million dollars. Nektar employs nearly 250 employees in Huntsville at two locations, one on Church Street and another in Cummings Research Park. |
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Huntsville International Airport Announces $87 Million
Expansion and Renovation Project
6/8/04
Huntsville International Airport has announced an $87 million expansion and renovation project. Construction will begin this fall on the first of a nine- phase project, lasting five years, which will improve multiple aspects of the airport. This project will include customer service upgrades to the concourse, flight information display systems, public waiting areas, concessions, baggage claim area, passenger and baggage screening, curbside check-in, covered parking and the entrance access road. Continue (PDF) » |
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Senator Shelby and Port of Huntsville
Cut Ribbon on West Runway Extension Project
5/17/04
After three and half years of research, grant applications, design and construction, the $31,123,560.00 West Runway Extension project is now complete. The extension added 4,600 feet bringing the 8,000 ft. west runway to 12,600 feet. Continue (PDF) »
Senator Richard Shelby, an advocate of the runway extension, shared his enthusiasm for the completed project which can accommodate any aircraft in production. He was joined (left to right) by Rick Tucker of the Port of Huntsville; Chris Schmid of Panalpina; Mike Gillespie of the Madison County Commission; Huntsville Mayor Loretta Spencer; Congressman Bud Cramer; and Huntsville-Madison County Airport Authority board members Nancy Green-Burg, Dwight Jennings, Betty Fletcher and Jeff Sikes.
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Mitchell Plastics Establishes Operation in Chase Industrial Park
4/15/04
Mitchell Plastics, a division of Canada-based Ultra Manufacturing, has chosen Chase Industrial Park in Huntsville to locate its new U.S. manufacturing facility. The manufacturer was welcomed to Huntsville/ Madison County in ceremonies held at the Chamber of Commerce on April 15. The company has currently invested about $6.5 million in equipment and building modifications/ upgrades. Initial employment is anticipated to be about 75 with another 25 added by year two. Continue (PDF) »
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CAS Breaks Ground for Office Complex
4/13/04
CAS, Inc. officials announced the consolidation all of the Huntsville-based operations into one new office complex - located in Thornton Research Park on Old Madison Pike. The new CAS Inc. "Campus" will ultimately provide offices for approximately 700, of the over 850 current employees located throughout the United States and overseas. Continue (PDF) » |
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Siemens VDO Automotive Completes Acquisition of Huntsville Electronics
4/1/04
 Siemens VDO Automotive officially completed the acquisition of DaimlerChrysler's Huntsville Electronics operations on April 1. The company plans to make the former DaimlerChrysler Huntsville location one of its global electronics manufacturing and engineering centers of expertise. As a subsidiary of Siemens VDO Automotive, the Huntsville plants will have access to a broader range of business opportunities within the rapidly growing, global $125 billion automotive electronics market. Continue »
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