A $700 million renewal of Ohio Third Frontier — the 10-year, $1.6 billion project to re-energize Ohio’srneconomy by investing in emerging technologies — will be decided by voters inrnreferendum on the state’s May 4 ballotGov. Ted Strickland praised a bipartisan agreement reached inrnthe state legislature to renew the Third Frontier. “This bipartisan agreementrnis the stron ...

One of the world’s first cellulosic ethanol demonstration plants has opened near Vonore, TN, marking what Gov. Phil Bredesen calls “an important step forward” in the race to reduce dependency on fossil fuels. The $50 million facility is expected to have an output of 250,000 gallons of ethanol annually and serve as a testing ground for new technologies that can be used in larger scale production. A partnersh ...

The city of Linden, NJ has cleared the way for the construction of a $5-billion clean coal plant to be constructed on the banks of the Arthur Kill river. The Linden City Council unanimously approved a memorandum of understanding to resolve development rights to a 106-acre property on the banks of the Arthur Kill, property the city had previously tried to condemn for a redevelopment plan in 2005. The council ...

Gov. Bobby Jindal, Aeroframe Services President and CEO Roger Porter and Lake Charles, LA Mayor Randy Roach have announced that Aeroframe will undertake an expansion of its operations at Chennault International Airport. Headquartered in Lake Charles, Aeroframe, which specializes in maintenance, repair and overhaul (MRO) of aircraft, will add at least 300 new, direct jobs this year with an average salary of ...

The Dow Chemical Company has announced that Midland, MI has been identified as the preferred site for the first full-scale production facility for its new DOW™ POWERHOUSE™ solar shingles, subject to finalizing local, state and federal funding.  In her State of the State address this week, Michigan Gov. Jennifer Granholm spoke of the site selection, which could bring more than 1,200 jobs to the region by 201 ...

The New York State Economic Development Power Allocation Board (EDPAB) officially authorized the New York Power Authority (NYPA) to utilize net revenues from the Niagara Power Project for an expedited funding package and Industrial Incentive Award to the Erie Canal Harbor Development Corporation (ECHDC). These funds will help support future waterfront redevelopment efforts in the Western New York region, in ...

Louisiana Economic Development is maximizing the positive impact of the New Orleans Saints' appearance in the Super Bowl by taking out full-page ads in major newspapers portraying the Saints as a metaphor for other good things happening in the state. "This is really a huge win for our state, not just for the Saints and fans that supported them for so long, but it is a big economic win for the state of Louis ...

A new study concludes that new renewable energy and energy efficiency investments in Utah could yield 7,000 net ongoing jobs, $310 million in net annual earnings, and a $300 million net annual increase in gross domestic product by state (GDPS) by 2020, according to alternative energy organization AWEA. The report, “Building the Clean Energy Economy: A Study on Jobs and Economic Development of Clean Energy i ...

International credit information firm Experian plans to increase the size of its Allen, TX operation by almost a third, according to a report in the Dallas Morning News. Experian signed a deal this week with the city of Allen to expand its operations by 300 people in exchange for increased economic incentives, the Allen Economic Development Corp. said. Experian plans additional business operations at its 30 ...

Entrepreneurial companies in the Bluegrass Region attracted $47.5 million in venture funding, including angel and venture capital investments, in 2009, according to the annual survey by the Lexington Venture Club. The 88 Central Kentucky early-stage companies that participated in the survey reported 386 people hired and 804 people employed with an average full-time salary of $69,900. “This is another sign t ...