Thursday, February 22, 2018

City council approves borrowing $131 million for improvement projects, Toyota-Mazda incentives

Article Title: City council approves borrowing $131 million for improvement projects, Toyota-Mazda incentives


Article Snip: "...The Huntsville City Council approved the borrowing of $131 million for public improvement projects and incentives for the Toyota-Mazda Project. The vote came during a special-called council meeting Wednesday afternoon..."


Article Source: whnt.com
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Wednesday, February 21, 2018

Article Title: FBI growth in Huntsville will be 'a bonanza,' Sen. Richard Shelby says


Article Snip: "...Shelby addressed about 900 community and business leaders at the Von Braun Center at a Huntsville-Madison County Chamber of Commerce breakfast and talked of about 1,500 FBI jobs that he expects will eventually be located at Redstone Arsenal..."


Article Source: www.al.com
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Tuesday, February 13, 2018

Remington files for bankruptcy amid declining gun sales

Article Title: Remington files for bankruptcy amid declining gun sales


Article Snip: "...The company's fortunes took a hit after the election of Donald Trump," Bloomberg wrote, "because Hillary Clinton's defeat erased fears among gun enthusiasts about losing access to weapons. Sales plummeted, and retailers stopped reordering as they found themselves stuffed with unsold inventory." The numbers have indeed dropped, as indicated by FBI firearm background checks..."


Article Source: www.chicagotribune.com
Remington,

Saturday, February 10, 2018

Talk of possible Remington bankruptcy doesn’t shake Huntsville Mayor, Chamber CEO

Article Title: Talk of possible Remington bankruptcy doesn’t shake Huntsville Mayor, Chamber CEO


Article Snip: "..."They have honored their commitment to us and what they've moved here as far as ramping up that facility," said Cherry. "And we see there's a great long-term, the long term looks very good for that relationship..."


Article Source: whnt.com


Sunday, February 4, 2018

Boeing announces $6.5 B contract extension for missile defense program in Huntsville

Article Title: Boeing announces $6.5 B contract extension for missile defense program in Huntsville


Article Snip: "...The DSC contract modification period of performance is six years; January 2018, through December 2023. The undefinitized modification will be performed by an industry team consisting of The Boeing Co.; Orbital ATK; Northrop Grumman Systems Corp.; and Raytheon Co..."


Article Source: whnt.com
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Toyota's agreement with Huntsville requires no jobs, only 10 years operation

Article Title: Toyota's agreement with Huntsville requires no jobs, only 10 years operation


Article Snip: "...agreement between Huntsville and Toyota Motor North America Inc., however, includes no requirement on the number of jobs to be created. It requires a $1.4 billion investment, and contemplates a start in production that could be pushed back as far as Nov. 1, 2024..."


Article Source: www.decaturdaily.com
Where is your tax money going?, Toyota, Negotiators for Huntsville Economic Agreements, Examples of Poor Contract Negotiations, Employment,