Investment

November 17, 2009 -- LANSING - Michigan Governor Jennifer M. Granholm today announced that the Michigan Economic Development Corporation (MEDC) is helping 10 companies grow in Michigan and is backing two brownfield redevelopment projects. Combined, the 12 projects are expected to create 2,245 new jobs (883 direct and 1,368 indirect), retain 11,254 jobs, and generate over $791 million in new investment in the state.    » read more »

The Ignite Institute will create 415 jobs

November 16, 2009 -- FAIRFAX – Virginia Governor Timothy M. Kaine today announced the creation of The Ignite Institute, a nonprofit medical research institute established by Inova Health System and Dr. Dietrich Stephan, a recognized leader in the field of molecular medicine.

The Institute is the first entity built around the application of personalized medicine innovation in the community health setting. The project's $200 million investment in Fairfax County will create 415 jobs.    » read more »

November 16, 2009 -- DUBAI, U.A.E -- Georgia Governor Sonny Perdue welcomed three economic development announcements made today from the Dubai Airshow that continue to strengthen Georgia’s reputation as a global center for the aviation industry.

“Each of these three announcements illustrate a key aspect of our economic development strategy – location of a new U.S. headquarters in Georgia, an existing company expanding its current workforce and an Atlanta-based business selling its products to overseas customers,” Governor Perdue said. “    » read more »

JDIG and One North Carolina Fund Grants Help Company Add 259 Jobs

11/13/2009 -- North Carolina Governor Bev Perdue announced today that international biopharmaceutical company Talecris Biotherapeutics is expanding its manufacturing facilities near Clayton, creating 259 new jobs over the next seven years and investing $268.7 million. The announcement was made possible in part by state Job Development Investment Grant and One North Carolina Fund awards and is contingent upon approval of local incentives.

“The competition for these types of jobs is fierce,” Perdue said. “The fact that Talecris has found the tools it needs to succeed in North Carolina shows why this state’s business climate is consistently named as the best in the nation.”    » read more »

Nov 09, 2009 -- BATON ROUGE – Today, Louisiana Governor Bobby Jindal applauded the grand opening of Northrop Grumman’s new 20,000-square-foot facility in Slidell, La. The new facility combined Northrop Grumman’s Slidell office and Stennis Space Center operations, representing a $4 million capital investment.

This project retained 35 jobs from the Slidell office, created 40 new high-tech jobs at an average annual salary of $47,000 plus benefits and will generate approximately 31 indirect jobs. In addition, this project is expected to generate nearly $1.7 million in new state tax revenues and nearly $1.2 million in new local tax revenues from 2009 to 2018.    » read more »

State Grant Helps Shalag Industries Open New Facility in Oxford

10/12/2009 -- Raleigh -- North Carolina Governor Bev Perdue today announced that Shalag Industries Ltd., an international supplier of nonwoven fabrics used in the hygiene and wipes markets, will open a new plant in Granville County. The company will invest more than $17 million and create 42 jobs in Oxford. The announcement was made possible in part by a $110,000 grant from the One North Carolina Fund.    » read more »

Red Venture llc To Invest $27 Million In New Lancaster County Operations

Columbia, S.C. - October 7, 2009 - South Carolina Governor Mark Sanford today joined with the Department of Commerce and Lancaster County community in welcoming Red Venture LLC as they expand operations and move their headquarters to South Carolina.

The decision by Charlotte-based Red Venture LLC, an internet technology company named the 17th fastest growing private firm in the United States by Inc. magazine last year, will mean 1,000 new high-paying jobs and a $27 million investment for Lancaster County.    » read more »

Global Wind Power Industry

September 24, 2009 -- Senior representatives(*) of some of the world’s leading wind energy companies and trade associations, gathered in Washington DC, today issued the following statement:

“At a time of economic turmoil and of concerns about energy security and climate change, wind energy has a track record in solving these challenges. Experience shows that a firm, long-term national renewable energy policy is key to attracting investment and is good economic, trade, energy security and carbon avoidance policy.    » read more »

9/14/2009 -- (HELENA) – In his first official trip overseas, with the exception of visiting troops in Iraq and Afghanistan, Governor Brian Schweitzer met with companies in Germany and Spain last week to build more business and economic activity in Montana, especially in the renewable energy sector of the economy. He was accompanied by Chief Business Development Officer Evan Barrett.

“It was a great opportunity to build and grow energy business in Montana and create more high paying jobs for workers in our state,” said Governor Brian Schweitzer. “The trip brought new opportunities and investments to our state including cementing a deal with NaturEner to bring an additional $800 million investment to Montana.”    » read more »

September 15, 2009 -- ATLANTA -- Georgia Governor Sonny Perdue announced today that Wiregrass Power, LLC plans to locate a 40-megawatt renewable energy power plant in Valdosta. The company will create 25 jobs and invest $110 million over the next three years as the plant comes online.

“Georgia’s status as the nation’s Bioenergy Corridor continues to grow with the location of a renewable energy power plant in Valdosta,” said Governor Perdue. “Our vast supply of biomass, technology innovations and business-friendly environment are very attractive to companies such as Wiregrass Power.”    » read more »

June 19, 2009 -- DOVER – Delaware Governor Jack Markell and DNREC Secretary Collin O’Mara announced today that Delaware will be receiving $2.6 million for investment in clean energy projects from the state’s participation in the fourth Regional Greenhouse Gas Initiative (RGGI) auction of carbon dioxide (CO2) emissions allowances held Wednesday, June 17.

The 10 RGGI partnering states hold quarterly allowance auctions and invest the proceeds in energy efficiency, renewable energy and other programs that benefit energy consumers and create green jobs.

“RGGI offers an opportunity to invest needed resources in energy efficiency and greenhouse gas reduction efforts, and at the same time create jobs and help consumers reduce energy costs,” said Governor Markell.    » read more »

June 19, 2009 -- MADISON – Wisconsin Governor Jim Doyle today announced that Exact Sciences Corporation has received a $1-million loan from the Department of Commerce to relocate its headquarters and operations from Marlboro, Mass., to Madison. The company expects to make a significant investment in its relocated operations, creating as many as 150 jobs over five years, as it achieves its commercial milestones.    » read more »

Polymer Manufacturer to Locate New Facility near Plaquemine, Creating over 500 Jobs

PLAQUEMINE – Today, Louisiana Governor Bobby Jindal joined SNF Holding Co. (SNF) officials to announce that the company will construct a new water-soluble polymers manufacturing facility in Iberville Parish. Once fully operational, the plant will employ over 500 permanent, full-time employees with an average salary of $57,400 and involve capital investment of at least $362 million.

Governor Jindal said, “I want to commend SNF for making such a significant investment in Iberville Parish and in the people of this community. Today’s announcement, along with a number of other recent announcements, has helped Louisiana’s economy outperform the national and Southern economies.    » read more »

June 17, 2009 -- The Department of Transportation moved another step closer to realizing President Obama’s vision for high-speed rail in America today, publishing guidelines for states and regions to apply for federal funds as part of the American Recovery and Reinvestment Act.

“The time has finally come for the United States to get serious about building a national network of high-speed rail corridors we can all be proud of,” Secretary Ray LaHood said. “High-speed rail can reduce traffic congestion and link up with light rail, subways and buses to make travel more convenient and our communities more livable.”    » read more »

06/17/2009 -- BIRR, Switzerland - Tennessee Governor Phil Bredesen toured Alstom’s Turbine and Generator rotor manufacturing operation Tuesday in Birr, Switzerland. The tour of the Swiss power company is one of Bredesen’s recruiting efforts to expand European investment in Tennessee’s clean energy sector. The Alstom manufacturing operation is known worldwide for producing equipment used in coal, gas and nuclear plants.

“I’ve long said that it makes sense for Tennessee to redouble its effort to recruit new business, even though the global economy is in recession,” Bredesen said. “The people of Tennessee need higher skilled, good paying jobs, and now is not the time to pull back or retrench.”    » read more »