Economic Development Highlights

(October 23, 2023) – The Community Foundation of Greater Huntsville and the Huntsville/Madison County Chamber announce three new grant-funded initiatives targeted at addressing increased capacity for childcare in Huntsville. Childcare has been consistently identified as a critical workforce challenge, and these efforts aim to support and increase the industry.

SmartAsset examined employment, income, commute, benefits and affordability data for 340 of the largest U.S. cities and Huntsville ranked #1. Huntsville is fairly inexpensive to live in based on average job pay. On average, housing costs make up only 15.9% of the $70,757 annual median salary. Unemployment was 3.9%, compared to an average of 6.9% across all cities.

The City of Huntsville ranks #1 for The Best Places to Live for Families in the U.S. for 2023-24! The ranking from U.S. News and World Report was based on affordability, quality of life and the job market.

HUNTSVILLE, Ala. (July 17, 2023) – Kömmerling USA, which is located in Chase Industrial Park […]

Bocar Group adds a new plant to its manufacturing capacity in Huntsville, Alabama. Several government officials and senior executives of Bocar Group attended the opening ceremony, celebrating an important milestone in the Group’s history. With an investment of $176 million for land and construction, the site is already fully operational and will play an important role in meeting the growing demand for local and global markets.

We’re seeing a lot of activity in Cummings Research Park this year. While CRP West continues to develop, we’re seeing more – and new – activity happening in in the older, eastern section of the Park. We’re spotlighting some of that revitalization in this cover story as CRP celebrates 60 years.

Huntsville is No. 2 on SmartAsset.com’s Top 10 Places for Career Opportunities in the U.S. To determine which places are best, SmartAsset looked at data for the largest 200 metro areas across nine metrics on topics such as employment, earnings, housing costs and access to career guidance.

In June, we debuted the Best Place for Working Parents® program in the Huntsville market. […]

Meta announced Thursday it will expand the Huntsville Data Center campus with two new buildings, reaching nearly 3.5 million square feet. This expansion raises the company’s investment in Huntsville to more than $1.5 billion, and once it’s completed, the data center is expected to support more than 300 operational jobs.

In recognition for Boeing’s 60th anniversary in Alabama, the company awarded two $60,000 grants. The recipients of these grants were the Boys and Girls Club’s STEM programs and the Huntsville/Madison County Chamber Foundation’s Hiring Our Heroes program.

Great news! The City of Huntsville, Alabama, is the 2022-2023 best place to live in the United States, according to a ranking by U.S. News & World Report. U.S. News recently analyzed 150 large metropolitan areas in the U.S. to find the best places to live based on job market, housing affordability, quality of life, desirability and net migration.

The GAO confirmed that during the U.S. Air Force’s comprehensive process, Redstone Arsenal in Huntsville, Alabama was the highest scoring location in the Evaluation Phase, the highest ranked location in the Selection Phase, and the location with the most advantages in the final decision matrix. That is why the U.S. Secretary of the Air Force ultimately selected Redstone as the preferred location for SPACECOM HQ.