Online Features Archives
Sempra Generation has been approved for a U.S. DOE loan guarantee to build a 150 MW solar energy facility near Phoenix.
When you get some cash from an ATM today, start humming “Happy Birthday.” When you take the cash over to the grocery store and watch your selections get scanned by the cashier, keep the song going. When you power up your PC and check out last night’s lunar eclipse on YouTube….well, you get the idea. IBM is 100 years old today. It’s hard to believe Big Blue has been around for a century. After all, the huge mainframe computers IBM pioneered did not begin to proliferate until the 1950s and desktop PCs did not arrive until the 1980s. But even when IBM was founded on June 16, 1911, the new company had computing on its mind. IBM was born as the Computing-Tabulating-Recording Company in New York City. This mouthful was trimmed to International Business Machines in 1924. As the company quickly gained iconic status for its revolutionary products, the acronym IBM joined the lexicon. IBM (then CTR) really took off in 1914, when it poached a top exec from National Cash Register Co. Thomas J. Watson had overseen the creation of the first mechanical cash registers at NCR; he used this expertise to transform CTR into an innovative powerhouse. Revenues were doubled during the first few months of his tenure, he was named president of the company and the cash registers at IBM have been ringing ever since. IBM became the flagship of American business in the American Century. Its clean-cut executives in dark suits (with more than a few geeky pocket protectors) all toiled under Mr. Watson’s mantra, a simple slogan that was printed on a sign he hung over his desk: THINK. The complete list of innovations from IBM which transformed society is too long to publish here. From ATM machines and bar code scanners to the computers onboard the Space Shuttle, IBM has left its mark on just about every modern marvel we take for granted. Not surprisingly, the company holds more tech-related patents than any other entity on Earth. It’s easy to forget the decades of research that were undertaken to bring IBM’s computers from the labs to your desktop. It took IBM and Harvard University six years to create the Mark I, an early computer known as the Automatic Sequence Controlled Calculator. When it debuted in 1944, the Mark I was 50 feet long, weighed more than five tons and took a full 12 seconds to do a simple long-division problem. A few years later, IBM unveiled the much-faster IBM 701, the first large computer… …Read More…
A $125-million project that will create 2,000 jobs in the Palmetto State is back on the front burner after legislators agree to a sales tax exemption.
The customer relations management services company also will open a tech center, bringing 900 new jobs to Tennessee.
Urban transit tax credit use means economic recovery to some and misuse of funds to others.
The producer of corrugated and consumer packaging will create 124 new jobs when it expands operations in McDowell County.
The maker of diesel engines will invest $18 million in its second major headquarters expansion this year.
Professional Aircraft Accessories will invest $1.5 million in its Florida repair, overhaul and maintenance facility.
The auto giant will invest $49 million to establish a new line producing block and case castings for a new eight-speed transmission.
GrowGreen Power plans to combine a renewable energy power plant with a 50-acre hydroponic greenhouse in NC.