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Ontario Boosts Funds for Ford Windsor

Ontario will more than quadruple its promised support to help keep Ford's Windsor engine plant working, according to a report in the Toronto Sun. Finance Minister Dwight Duncan and Economic Development Minister Sandra Pupatello - both Windsor-area MPPs—made the $81 million funding announcement in Windsor Friday. "This investment reaffirms our government's commitment to strengthening our local economy and wi ...

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Attention Walmart Shoppers!

There are some things we assumed we never would see in our lifetime: The melting of the polar ice caps; a car that runs on electricity; the ocean running out of fish; a labor shortage in China; the Mets winning back-to-back championships. Well, with the exception of the item relating to the long-suffering denizens of Flushing Meadow, you can throw that list out the window. From Saturday’s front page of The ...

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Dow Invests $294 Million in MI Battery Plant

A pair of initiatives by Dow Chemical Co. will bring hundreds of green jobs to the state, Michigan Economic Development Corp. confirmed to the Detroit News this week. Dow Kokam MI LLC, a joint venture formed last year between Dow Chemical Co and South Korean partner TK Advanced Battery LLC, will construct a manufacturing facility in Midland for its lithium-polymer batteries for electric vehicles. The projec ...

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Oak Ridge Energy Corridor To Promote Electric Vehicles

A consortium of researchers at Oak Ridge National Laboratory (ORNL), Knoxville-Oak Ridge Innovation Valley organizations, regional planners, and the Department of Energy have formed the Oak Ridge Energy Corridor, an initiative to promote alternative-energy-based mass transit and a network of recharging facilities for electric and hybrid vehicles. Knoxville-Oak Ridge Innovation Valley organizations participa ...

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RI Gets $22.3-Million Grant for Wind Energy

The Quonset Development Corporation (QDC), a subsidiary of the Rhode Island Economic Development Corporation (EDC) was awarded a $22.3 million Transportation Investment Generating Economic Recovery (TIGER) grant from the US Department of Transportation, Governor Donald L. Carcieri has announced. According to a report on the Gov Monitor Web site, the grant will support wind energy manufacturing and logistica ...

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USDA Boosts Rural Development

Agriculture Secretary Tom Vilsack has announced the selection of community based organizations in 18 states to receive funding to promote economic growth. USDA Rural Development Rural Housing Administrator Tammy Trevino made the announcement on Vilsack's behalf while attending an event with Senator Blanche Lincoln at the Arkansas Studies Institute in Little Rock. The organizations will receive more than $6. ...

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Inherit the Wind

We’ll be the first to admit that as we have tracked the burgeoning implementation of wind-powered energy in the past two years, our attention has been focused on the “wind corridor” that stretches through the middle of the country from the upper Great Plains down into Texas. Frankly, New York City and suburban New Jersey do not readily come to mind when the subject is wind power. But innovators based in the ...

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Bombardier Lands in Macon, GA

Macon, GA Mayor Robert Reichert and Macon Bibb County Industrial Authority Chairman Cliff Whitby have announced that Bombardier Aerospace will open a maintenance, repair and overhaul (MRO) operation at the Middle Georgia Regional Airport in Macon, Bibb County, Georgia. The Canadian-based transportation giant will invest $2 million, employ 180 maintenance and support personnel and occupy the former Atlantic ...

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U.S. Backs New Nuclear Power Plants

President Obama put his stamp of approval this week on the reemergence of nuclear power in the United States, announcing that the Energy Department will back the construction of two reactors in Georgia with $8.3 billion in loan guarantees. The Southern Company and two partners will build the twin reactors, which will be located in Burke County. If it is completed, the project will be the first successful nu ...

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2010 Silicon Valley Index Sounds Alarm

The 2010 Index of Silicon Valley paints a gloomy picture of California’s recession-battered high-tech hub and warns that rapid economic growth in other countries coupled with the Golden State’s legislative gridlock is “draining the lifeblood of funding and foreign talent” from the Valley. Reclaiming Silicon Valley’s prosperity and prominence as a technology leader is not a given, argues the report released ...

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