The India-based company is investing $32 million in a copper cable manufacturing facility in Morgantown. Gov. Steve Beshear of Kentucky, Cabinet for Economic Development representatives, and officials in Butler County have announced India-based Chandra Proteco Ltd. will start up a manufacturing operation in Morgantown under the name Kentucky Copper Inc. The new company will create 106 new jobs and invest ne ...

As the world prepares for a global summit meeting this month in Denmark to meet the challenge of climate change, New York City has sounded a retreat on its most ambitious effort to reduce greenhouse gases emanating from the Big Apple. After intense opposition from building owners, Mayor Michael Bloomberg has backed away from a proposed mandate that would have forced the retrofitting of all structures 50,000 ...

California-based BeamOne is investing $9 million in a new electron beam medical device sterilization service center in Clinton Township. California-based BeamOne is investing $9 million in a new electron beam medical device sterilization service center in Clinton Township, PA. Ground will be broken for the Butler County facility before year’s end, and the center is expected Clinton Township. It will become ...

The Missouri Department of Economic Development (DED) has been awarded an American Recovery and Reinvestment Act grant. The state of Missouri, through the Missouri Department of Economic Development (DED), has been awarded an American Recovery and Reinvestment Act grant for $1,227,192 in the area of “green” jobs training. DED’s key partners in receiving the State Labor Market Information Improvement Grant a ...

In 2005, the U.S. Supreme Court issued a landmark ruling that sent shock waves through everyone who assumed that the government could not seize private property without a very good reason, usually involving a public use like a new highway or other critical infrastructure project. In a highly controversial 5-4 decision in Kelo v. City of New London, CT, the High Court upheld the condemnation of several priva ...

The company is investing $22 million in its Tennessee laminates facility. Owens Corning is investing $22 million in an expansion of its North Memphis, TN, facility. The site currently produces residential and commercial roofing strip shingles, and employs 92 people. The investment will create 15 new jobs, and allow Owens Corning to expand the site's manufacturing capability to include aesthetically pleasing ...

Governor Steve Beshear and Economic Development Cabinet Secretary Larry Hayes announced Blackhawk Composites, Inc., a start-up manufacturer of advanced aerospace composite parts, will begin manufacturing operations in Butler County. The project entails the creation of 20 new jobs initially, growing to 30 within the first year, and a more than $1.5 million investment in the Commonwealth. "The start-up of Bla ...

We have been reporting for some time in this space that the shortage of skilled workers in the U.S. has been exacerbated in recent years by the government’s decision to cut back on H-1B visas. The quota of H-1B visas, which are reserved for highly trained technology professionals, was reduced to 65,000 due to mounting security concerns after the 9/11 attacks. In 2007 and 2008, applications for H-1B visas ex ...

Gov. Mark Sanford, the South Carolina Department of Commerce and the Darlington County Economic Development Partnership this week joined New South Lumber Company, a member of the Canfor group of companies, at a ribbon cutting event to celebrate the company’s expansion in Darlington County. The company invested $7 million to make upgrades and additions to its facility. “These additions to ou ...

The shape of the new economy is going to be defined by an emerging $3-trillion global market in carbon emissions credits, attendees at the fifth annual Business Facilities LiveXchange were told Monday.In a keynote address entitled "Contemplating Carbon: How Climate Change Regulation May Effect Business Facility Decisions," San Francisco-based attorney William Sloan predicted that a cap-and-trade system of c ...