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today's top news

Monday, October 23, 2017

Ground to be broken tomorrow for new rocket engine plant

Gov. Kay Ivey will be in Huntsville Tuesday to break ground on a new $16 million aerospace manufacturing plant for Aerojet Rocketdyne. The plant is expected to employ a minimum of 750 people with an average salary of $79,560. The 136,000-square-foot plant will be located in the North Huntsville Industrial Park and will produce rocket engines using composites and additive manufacturing. Construction will begin in December. – AL.com

‘Made in U.S.’ label a great fit for Bombardier

Securing a “Made-in-U.S.” label for Bombardier’s C Series jet by building another assembly line in Alabama would cost only “a few hundred million dollars,” Airbus SE’s number 2 executive said Friday. The new facility is crucial to Airbus’s strategy for increasing U.S. sales of the Canadian plane while avoiding stiff trade penalties imposed by the Trump administration. Bombardier projects that passenger jets carrying 100 to 150 passengers will generate 6,000 orders over the next 20 years. – Business Standard

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Steeped in Tradition and Brisk

Steeped in Tradition and Brisk

Former banker Bill Bowron took over one of the oldest family businesses in Alabama and led Red Diamond to innovative products and a new, tech-savvy headquarters in Moody.

Risk Management for Mars

Risk Management for Mars

Dee Vancleave’s team makes sure the Space Launch System can go where no one has gone before.

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> MoreIndustries

Multifamily Boom Undiminished

Multifamily Boom Undiminished

Multifamily development has been on a roll in Alabama for almost a decade.

Alabama Aerospace Advances

Alabama Aerospace Advances

Headlines in Alabama’s burgeoning aerospace industry in the last 12 months.

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Fuel Fleet for the Southeast

Fuel Fleet for the Southeast

McPherson Companies, once a one-man show, is one of the largest oil and gas distributors in the region. A 2012 reorganization streamlined its extensively evolved operations.

Up Close World ’Round

Up Close World ’Round

The best sights in the world are bigger and better close up and SeeCoast Manufacturing in tiny, scenic Fairhope has the globe circled with its viewers.

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Coping with New Overtime Rules

On December 1, the cost of labor for your business is likely to increase dramatically if you don’t take any action.

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