Huntsville Employment | Toyota adds 350 jobs to north Alabama with new production lines

Toyota adds 350 jobs to north Alabama with new production lines The new production lines and additional jobs are the result of a $282 million investment into the company’s Huntsville plant that was announced in 2024. With the addition of the three differential products, the company’s total investment in Toyota Alabama is more than $1.7 billion, according to the release. Reference: www.al.com
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Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom

Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said”

Reference: www.al.com

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