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Talk to the hand

The fiscal calamity in California moved closer to the brink of total collapse this week, as the state —which has yet to pass a budget for the fiscal year that began July 1—printed up nearly $600-million worth of IOUs. Unless Gov. Arnold Schwarzenegger manages to miraculously find a way to close a mammoth $24-billion budget gap during the holiday weekend, the first wave of 30,000 promissory notes will start ...

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New England Corporate Moves

MASCOMA OPENING HEADQUARTERS Mascoma Corporation is moving the company’s corporate headquarters from Boston into a new research laboratory and office building in Lebanon, NH. Construction of the new building will be completed in August, with occupancy by September. The producer of low carbon, advanced biofuels was founded in 2006 in nearby Hanover, NH by two Dartmouth College professors, Drs. Lee Lynd and C ...

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Indiana Corporate Moves

BERRY PLASTICS INVESTS $150 MILLION IN EVANSVILLE FACILITY Berry Plastics Corporation has announced plans to expand its Evansville, IN operations, creating 360 new jobs by 2015. The plastics packaging company, which employs more than 1,200 people in Evansville and more than 13,500 worldwide, will invest $150 million to expand its thermoform operations and build an additional facility to their existing campu ...

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