Full Birmingham Business Journal Article Here Boeing on Tuesday announced plans to add 400 jobs in Huntsville by 2020 on the back of a $70 million investment. The move is the result of ongoing company-wide consolidations among its strategic defense and intelligence system divisions. That effort will close plants El Paso, Texas and Newington, Virginia, while relocating 400 positions to …

{ Full Article Here } Kettering competes with Georgia, Mexico for Tenneco expansion Four communities applying on behalf of six companies are seeking nearly $1.7 million in Montgomery County development funds to create what the businesses say could total nearly 550 new local jobs. By far the largest request — in terms of job potential — comes from Kettering, which …

{ Full Birmingham Business Journal Article Here } It’s no secret that Birmingham is in the midst of one of its biggest building booms in history. Cranes continue to be a regular site in the city center, with exciting new developments and historic renovations popping up on dozens of blocks. But the building boom isn’t limited to downtown alone. A …

{ Full Birmingham Business Journal Article Here } Plans are moving forward to renovate a historic property in downtown Birmingham into new office spaces. According to REV Birmingham, local business owner Jim Rowland plans to renovate the historic Massey Business College Building at 2024 Third Ave. N.\ It is a three-story, 21,000-square-foot building, and was also previously home to the …

{ Full Alabama Newscenter Article Here } One of Birmingham’s largest announced apartment projects is about to get underway. Harbert Realty Services recently announced that Birmingham-based BL Harbert International will build the Vesta apartment development at Highland Avenue and 14th Avenue South, overlooking the Five Points South area on the Southside. “We’re basically ready to go,” said Harbert Realty Services Senior Vice President …

{ Full Article With Video Here } “We’re very happy to have this long term U.S. government work here in Bay County,” said Brian D’Isernia, CEO of Eastern Shipbuilding. “This is a game changer for Bay County,” said Panama City Mayor Greg Brudnicki. According to U.S. Senator Bill Nelson (D-FL), the contract to build 25 new Offshore Patrol Cutters could …

{ Full Birmingham Business Journal Article Here } The first phase of the Sentury Tire expansion would involve a more than $500 million investment and the creation of more than 600 jobs, sources said. When fully built-out, the investment could rise to $1 billion and the workforce would swell to “several thousand.”  

Freddie Mac provided its mid-year outlook today, and sees a moderating but bright multifamily market ahead. Following its second-quarter earnings report, the government-sponsored enterprise says it has processed about $27 billion in mortgage purchases so far this year. “And that puts us on pace to be around between $50 billion to $55 billion,” for the year, said David Brickman on …

{ Full AL.com Article Here } North Alabama residents will get a sneak peek next week at one of the area’s most anticipated mixed-use projects in Huntsville. Will Culver, who is running for re-election in the District 5 Huntsville City Council race this month, will host an event geared toward young professionals at 5:30 p.m. Monday in the atrium of …

{ View Full Sun Herald Article Here } BILOXI Developers and city officials raised giant margarita glasses and toasted the opening of Margaritaville Resort Biloxi in June, and more celebrations and ribbon-cuttings are on the way. Eleven years after Hurricane Katrina flattened many of the houses in East Biloxi and along U.S. 90, several new hotels, restaurants and attractions are …