Local Business
05/03/2026 · Montevallo
Gulf Shores Tourism Shatters Records with $923M in Lodging Spend
Alabama's Gulf Shores and Orange Beach welcomed record-breaking visitor spending in 2025, fueled by pristine beaches and new coastal developments. Lodging revenue soared to $923 million, a surge past prior years amid economic rebound. Officials hail the boom as a sign of sustained growth for Baldwin County's top draw.
Huntsville Contractor Lands $111M Space Systems Contract
Modern Technology Solutions Inc. has secured a $111 million modification to its Space Systems Command contract, expanding its role in developing space-based interceptors. The award brings MTSI's total contract value to $226.9 million, with work continuing through January 2030 at the company's Huntsville headquarters.
05/03/2026
Hyundai Mobis Builds EV Battery Plant in Montgomery, Adds 400 Jobs
Hyundai Mobis is investing $205 million in a new electric vehicle battery module plant on Montgomery's auto campus, creating at least 400 jobs. The facility will supply batteries to Hyundai's local EV production and Kia's Georgia plant. This expansion cements Alabama's role in the booming EV sector.
05/03/2026