John Morrell & Co. has announced it is permanently closing its hog processing and fresh meat fabrication plant located in Sioux City, Iowa, effective April 20, 2010. The Sioux City plant processes hogs and produces boneless loins and other fresh pork products. John Morrell is a subsidiary of Smithfield Foods, Inc. "We deeply regret having to close this facility," said Joseph B. Sebring, president of Joh ...

Utah's first business incubator focused on renewable energy has begun operations at University Plaza, near the campus of Dixie State College. A collaborative effort spearheaded by the Utah Science Technology and Research initiative, the Southern Utah Information Technology and Renewable Energy Incubator is designed to help Utah join several other states and cities investing in the start-up of new businesses ...

Switzerland says it scored 37 new or expanded investments from North America in 2009. ...

We have all been shocked by the scenes of devastation that have emerged from the disaster in Haiti. The 7.0 magnitude earthquake which struck the Caribbean nation on Tuesday has leveled Port au Prince, a city of three million. Thousands of people have been killed or injured, and food, water and medical supplies are quickly running out. The United States is mobilizing a massive relief effort and dozens of ma ...

A study funded by Heinz Endowments and undertaken by non-profit Good Jobs First has questioned the value of Pennsylvania’s use of large tax breaks to lure high-tech business to the state and keep existing players from relocating. The 94-page study, called “Growing Pennsylvania’s High Tech Economy: Choosing Effective Investments,” released today, compared Pennsylvania’s incentives and job-creation results wi ...

ESolar Inc., Pasadena, CA,  signed an agreement last week to build a series of solar thermal power plants in China with a total capacity of 2,000 megawatts. ESolar’s deal, one of the largest renewable energy projects to date, comes a few months after an Arizona company, First Solar, secured a contract to build a huge photovoltaic power plant in China. China is emerging as a major market for renewable energy ...

Much has been made in recent months about the gloomy economic landscape in Detroit. Based on double-digit unemployment statistics, Michigan and its auto-based economy have been at the epicenter of the Great Recession. We are pleased to report that the denizens of Motown are not wasting time dwelling on the drumbeat of bad news. They are busy laying the foundation for a Renaissance of economic development. N ...

Khalifa Bin Zayed, president of the United Arab Emirates and ruler of Abu Dhabi, no doubt was honored when Dubai decided to put his name on the tallest skyscraper in the universe. But President Zayed can be forgiven if he was somewhat distracted as the 168-story Burj Khalifa tower officially was opened this week. That’s because he was busy averting a new international financial crisis by bailing out Dubai t ...

Wilh. Schulz GMBH has decided to locate a new $300-million seamless pipe manufacturing facility in Mississippi, Gov Haley Barbour and officials from Schulz announced on Monday. The company, a global supplier of piping components headquartered in Krefeld, Germany selected Tunica County, MS, as the location for its new pipe manufacturing plant. The company's Mississippi division, which will be known as Schulz ...

South Carolina, already home to more than 100 aerospace-related companies, lands a crown jewel: Boeing’s second 787 Dreamliner plant ...