Investment

Wallops Major Employer for Maryland’s Eastern Shore Residents; Big Business for State

ANNAPOLIS, MD -- June 9, 2008 – Maryland Governor Martin O’Malley today applauded Orbital Sciences Corporation’s announcement to select their base of operations in the Mid-Atlantic Regional Spaceport, located at the NASA Wallops Island Flight Facility. Approximately 35 percent of Wallops employees are residents of Maryland’s Eastern Shore.    » read more »

Three-Plant Complex will help recruit new industry, support existing industry and train workforce for high-tech jobs

June 09, 2008 -- MONTGOMERY - Alabama Governor Bob Riley announced today that Calhoun Community College in Decatur will be the site of a robotics research, education and training campus that will help the state attract new industry, support the needs of existing industry and train workers for high-tech careers.

Alabama Governor Riley announces site of robotics center: Photo courtesy Alabama Governor's office    » read more »

June 3, 2008 -- The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) today announced projects that will enhance the nation’s ability to realize the full potential of wind power across the United States.

The projects include: a new wind turbine blade test facility to be constructed in Texas; a partnership between NREL, DOE, and a state consortium led by University of Houston; a just-signed agreement with Siemens Power Generation to locate and test a commercial-scale wind turbine at NREL’s National Wind Technology Center; and, a new Siemens research and development facility in Boulder, Colo., which will work closely with NREL on advanced wind power technologies.    » read more »

Subsidiary of BioLineRx Opens U.S. Office in Rockville, Hires Local Business Development Executive

BALTIMORE, MD -- May 29, 2008 – As part of his economic development mission to Israel, Maryland Governor Martin O’Malley today announced that BioLineRx USA, Inc., a wholly-owned subsidiary of BioLineRx, one of Israel’s leading drug development companies, has opened a U.S. office in Maryland.

BioLineRx USA has already hired a local Vice President of Business Development to seek out potential collaborative opportunities for BioLineRx in Maryland and the U.S.    » read more »

May 28, 2008 -- VERO BEACH – Florida Governor Charlie Crist today joined Jim Bass, president and chief executive officer of Piper Aircraft, to announce the aviation manufacturer’s plans to keep its headquarters in Florida and further expand manufacturing operations in Vero Beach.

Piper Cub: Photo by kptyson (CC)

Today’s announcement concludes Piper’s two-year site selection process. Piper, a manufacturer of general aviation aircraft, will receive a $32 million incentive package as part of the agreement between the company, the state and Indian River County.    » read more »

May 22, 2008 -- NEW YORK CITY – On the floor of the New York Stock Exchange (NYSE) today, Florida Governor Charlie Crist ceremonially signed Senate Bill 2310, allowing $1.95 billion investments in technology and growth enterprises, such as alternative energy, life sciences and aerospace. The legislation also doubles Florida’s alternative investments from $9.2 billion to $18.4 billion.

“This infusion of investment capital will enhance the state’s capacity for innovation, economic growth and higher paying jobs for Floridians,” Governor Crist said. “Florida is committed to growing industries such as aerospace, life sciences, and energy solutions.    » read more »

Washington, D.C. - Global production of solar photovoltaic (PV) cells increased 51 percent in 2007, to 3,733 megawatts, according to the latest Vital Signs Update from the Worldwatch Institute, produced in collaboration with the Prometheus Institute in Cambridge, Massachusetts.

Solar energy tree, Milan: Photo by Jonathan Igharas (CC)

More than 2,935 megawatts (MW) of solar modules were installed in 2007, according to early estimates, bringing cumulative global installations of PVs since 1996 to more than 9,740 MW-enough to meet the annual electricity demand of more than 3 million homes in Europe.    » read more »

May 8, 2008 -- Richmond, VA -- Clean energy and environmental groups kick off a week of action today targeting corporations planning to invest in new coal. The groups will be holding events and attending the shareholder meetings of three major coal investors—Alliant Energy, Dominion Resources and Dynegy, Inc. to educate directors, investors and shareholders about the financial risks of investing in new coal.

"Companies around the world are realizing that going green can benefit both the environment and their bottom line," said Bruce Nilles, Director of the Sierra Club’s National Coal Campaign. "It’s time these companies open their eyes and help move America beyond coal toward a clean energy economy."    » read more »

May 8, 2008 -- Colorado Governor Ritter today welcomed the news that Vestas plans to build the world's largest factory for wind turbine towers in Colorado:

"This is another great victory for the New Energy Economy and all of Colorado. Vestas is showing yet again why it is one of our strongest partners in the development of modern energy in the 21st century, and my Administration has worked closely with Vestas over the past few months to make this new factory a reality.

"I participated in the groundbreaking and grand opening for Vestas' first Colorado facility -- the wind blade plant in Windsor -- and I look forward to being at the groundbreaking for this new wind tower factory as well.    » read more »

May 6, 2008 -- WASHINGTON, D.C. – The French-based AREVA company has notified Idaho’s Senator Larry Craig, Governor Butch Otter, Senator Mike Crapo and Congressman Mike Simpson that it has selected Bonneville County, Idaho, as the site of its $2 billion first U.S. uranium enrichment plant.    » read more »

Sewon America to create 700 jobs and invest $170 million with new manufacturing facility

May 2, 2008 -- ATLANTA -- Today Georgia Governor Sonny Perdue participated in a groundbreaking ceremony for Sewon America, Inc., a major Kia supplier. Sewon is locating its first U.S. plant at the Callaway South Industrial Park in LaGrange.

The company plans to create 700 jobs and invest $170 million in a facility to manufacture automotive components for the Kia plant in West Point over a three year period.

“I am honored to join Sewon as they break ground and officially join the LaGrange community,” said Governor Sonny Perdue. “Kia suppliers have announced upwards of 2,300 jobs, which is on top of the 2,500 employees planned for the Kia Motors factory in West Point.”    » read more »

Company to add 170 additional jobs at Erlanger head office by 2009

April 23, 2008 -- FRANKFORT, Ky. – Kentucky Governor Steve Beshear and Economic Development Cabinet Secretary John Hindman were joined by company and community officials in Erlanger today to announce the expansion of Toyota Boshoku America’s home office. The premier manufacturer of automotive interior systems will add 170 new jobs by 2009.

“Toyota Boshoku America is a great example of our ongoing efforts to work with existing businesses to create new high paying professional jobs in Kentucky,” said Gov. Beshear. “We are extremely pleased with this announcement, and look forward to continuing our successful relationship.”    » read more »

America’s Oldest Manufacturer Pledges Continued Commitment to New York State

April 21, 2008 -- New York Governor David A. Paterson today announced that Remington Arms will add 100 new manufacturing jobs as part of a major renovation of their Ilion Firearms Plant and Custom Shop.

Rifles: Photo by Ubi Desperare Nescio (CC). Adapted by AAP.

The 192-year-old facility, which is the Mohawk Valley’s largest employer and the nation’s longest continuous manufacturer, will undergo a $14.3 million renovation, with $3 million provided jointly by Empire State Development (ESD) and the New York State Senate.    » read more »

Announces Historic Investment in Marketing Michigan

April 18, 2008 -- LANSING - Michigan Governor Jennifer M. Granholm today signed into law a package of bills establishing the Michigan Promotion Program, an aggressive $60 million marketing push to boost the state's tourism and business attraction efforts.

Mackinac Bridge, Michigan: Photo by Steve Prakope (CC)

The initiative - passed with overwhelming bipartisan support - is part of an overall job creation and economic stimulus package proposed by the governor in her State of the State address earlier this year.    » read more »

Volvo Group’s Nova Bus to Build New Assembly Plant in Plattsburgh

April 16, 2008 -- New York Governor David A. Paterson today announced that Nova Bus, an international transportation company, will operate its new transit bus assembly plant in Plattsburgh, creating 300 new jobs and securing millions in private investment.

New York Governor David Paterson: Photo courtesy New York Governor's office

New York State will provide a $1.3 million JOBS Now capital grant for Nova Bus, a North American leader in the design, production and marketing of urban transit buses. The new $25 million manufacturing facility will allow Nova Bus to better compete in the United States market.    » read more »