A small news item caught our eye the other day, and we hope it is a sign of the times. This is what it said: “Twinsburg, Ohio and Solon, Ohio, have agreed to limit the tax incentives they can offer to lure businesses away from each other, hoping rather that economic development for both communities will improve with regional cooperation.” These two neighbors in the Buckeye State are on to something t ...

The Illinois General Assembly has passed—with overwhelming bipartisan support—an Angel Tax Credit that incentivizes early-stage investment in Illinois technology companies. The governor is expected to sign the bill (SB 2093) or a second measure (SB 3710) with an identical Angel Tax Credit sent over to the Senate yesterday by the House. The legislation, which when enacted will be effective on January 1, 2011 ...

Intrasphere Technologies, which provides consulting services to the life sciences industry, plans to relocate its offices to Jersey City, NJ next month, the Star-Ledger reports. The company intends to move 120 existing jobs to offices in the Harborside Plaza 10 building and plans to add another 180 jobs over the next two years. The New Jersey Economic Development Authority awarded the company a grant worth ...

It took four ballots—reducing the needed margin from two-thirds to a simple majority—but an historic joint bid by New York and New Jersey was rewarded yesterday with the selection of New Meadowlands Stadium as the site of Super Bowl XLVIII in 2014. Now, state and local officials are predicting that the first outdoor NFL championship in a cold-weather site in almost 50 years will result in an economic windfa ...

The Ontario Technology Corridor is aggressively promoting at this week’s WINDPOWER 2010 conference in Dallas its $7-billion commitment to the development of alternative energy in Canada. Earlier this year, the Government of Ontario signed a $7-billion green energy investment agreement with a consortium created by Samsung C&T Corp.’s Trading and Investment Group and the Korea Electric Power Corporation ( ...

Vitacost has decided to double its operations in Davidson County, NC. The company, based in Boca Raton, FL said it would add between 228 and 300 jobs over five years as it expands by 115,000 square feet at its complex in Lexington, according to a report in the Winston-Salem Journal . Vitacost is a manufacturer, distributor and online retailer of vitamins, and herbal and other health-supplements. Along with ...

A solar power company plans to build a manufacturing plant in the Las Vegas area, creating about 300 jobs in what officials say is an emerging industry for Nevada. The company, Amonix, announced the new facility at a press conference showing off a solar power generating plant built by Amonix at a Southern Nevada Water Authority facility. The location of the manufacturing facility has not been announced. Amo ...

When we think of clean energy, we usually conjure up vast vistas of lush green fields and cloudless blue skies. This idyllic landscape is dotted with majestic wind turbines and an occasional green building clad in sparkling solar panels. We don’t think of cow droppings, but some enterprising folks at Hewlett Packard do. Researchers at Hewlett Packard Co.'s HP Labs presented a paper this week to an American ...

The CanAm Wind Energy initiative, a formal partnership between Greater Rochester Enterprise (GRE), Buffalo Niagara Enterprise (BNE), and Niagara Economic Development Corporation (NEDC) Canada, was announced today. CanAm Wind Energy will make its debut at the world’s largest annual event for wind energy, the 2010 Wind Power Conference and Exhibition.  The conference takes place next week from May 23-26 in Da ...

Four companies are receiving tax credits from the Michigan Economic Development Corporation (MEDC) to expand in Michigan, and the city of Flint is receiving support for a redevelopment project, MI Gov. Jennifer Granholm has announced. The projects are expected to create 910 direct and indirect jobs. “We are working tirelessly to bring new jobs to Michigan, going anywhere and doing anything to show companies ...