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Phoenix Packaging to Open HQ in Virginia

Phoenix Packaging Operations, LLC, a subsidiary of Phoenix Packaging Group, will invest more than $20 million to establish its first U.S. operation in Pulaski County, VA. The company will manufacture thermoformed rigid plastic packaging for customers in the U.S., and also establish its North American headquarters in Pulaski. The project will create 240 new jobs. Virginia successfully competed against Georgi ...

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O’Malley Named BIO Governor of the Year

The Biotechnology Industry Organization (BIO) announced its selection of Maryland Governor Martin O’Malley as Governor of the Year this week in recognition of his leadership and support of the biosciences industry. Gov. O’Malley received the award during the Wednesday Keynote Luncheon at the 2010 BIO International Convention in Chicago, IL. “Governor O’Malley has done an exemplary job enhancing and expandin ...

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Gore Issues Moral Challenge on Climate Change

Former Vice President Al Gore directly challenged his critics and threw down a moral gauntlet on the issue of climate change in a keynote address to the BIO 2010 convention in Chicago this week. “What we are facing is unprecedented in human history,” Gore said. “If you confuse unprecedented with improbable, the exceptions can kill you—and climate change is one of those exceptions.” The former U.S. vice pres ...

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BIO 2010: Biotech Now Supports 8 Million U.S. Jobs

The BIO 2010 International Convention was kicked off this week in Chicago with the release of the BIO/Battelle State Biosciences Initiatives report. The report, which is issued every two years, indicates that total employment in the U.S. bioscience sector has exceeded 1.42 million, with another 6.5 million jobs indirectly supported by biotech. The annual growth in the biotech sector registered a healthy 1.4 ...

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United, Continental Announce Merger

UAL Corp.'s United Airlines announced on Monday it will merge with Continental Airlines in a deal worth $3.2 billion, creating the world's largest airline. The combined company, which will fly under the United name and Continental logo, is now larger than Delta Air Lines which became the country's largest airline when it merged with Northwest Airlines in 2008. It is expected to serve more than 144 million p ...

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Turbine Parts Plant to Open in Junction City, KS

Jupiter Group, a Danish maker of wind turbine components, has agreed to build a plant in Junction City. The plant will have 120 jobs and $2.4 million in capital investment. The new plant, in two adjacent buildings, will total 41,000 square feet. The plant will start producing components by Aug. 1. The company makes composite nacelle covers and spinners, as well as wooden kit structures for wind turbine blad ...

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Nashville Medical Trade Center Lands First Tenant

The nation's largest health-care technology trade group has agreed to lease 25,000 square feet or more in a proposed Nashville Medical Trade Center downtown, giving a major boost to the project's credibility. The 28,000-member Healthcare Information and Management Systems Society plans to use its space, part of an eventual 15-story medical trade center, as a showroom to demonstrate high- tech clinical syste ...

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U.S. Approves First Offshore Wind Farm

Interior Secretary Ken Salazar has approved the first U.S. offshore wind farm, giving the green light to the controversial Cape Wind project, which will place 130 huge wind turbines in the waters of Nantucket Sound. Proposed nine years ago, Cape Wind has been a controversial subject in Massachusetts, stirring opposition from prominent residents of Cape Cod. Opponents included the late Sen. Edward Kennedy, w ...

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Northrop Grumman Picks Northern VA for New Headquarters

VA Gov. Bob McDonnell announced today that Northrop Grumman Corp. has officially selecting Northern Virginia over Maryland and Washington, D.C., for its headquarters site, a move that will create 300 jobs. "The foremost priority of our administration is creating new jobs and getting our economy back on track. Today's announcement that Northrop Grumman, a Fortune 100 company, is moving to Virginia is a major ...

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New Facilities to Create 857 Jobs in Georgia

A German company plans to build a wind energy plant and bring 215 new jobs to Gainesville, GA. ZF Group, an automotive industry supplier, said the plant will make wind turbine gearboxes for systems that convert wind energy into electricity. The company will invest $90 million in the project. The news from ZF Group was the third job-creation announcement in the Atlanta area in the past week. On Thursday, an ...

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