Economic Development | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

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 […]


https://businessfacilities.com/2010/02/dow-korean-firm-invest-294-million-in-michigan-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 […]

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Economic Development

Latest: 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 […]

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 ...

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...

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...

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...

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...

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 ...

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...

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...

Reaching for Olympic Gold

As the winter Olympics unfold in Vancouver, B.C., the quadrennial guessing game has begun. Speculation is rampant, but not about which competitors will...

Wisconsin Pools Stimulus Bonds

Wisconsin is moving to make use of $238 million in economic development bonding provided under the federal stimulus program. Gov. Jim Doyle recently signed...

Ohio Third Frontier Renewal Up to Voters

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...

Cellulosic Ethanol Plant Opens in Tennessee

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”...

Linden, NJ Approves Clean Coal Plant

The city of Linden, NJ has cleared the way for the construction of a $5-billion clean coal plant to be constructed on the...

Aeroframe Expands at Chennault International Airport

Gov. Bobby Jindal, Aeroframe Services President and CEO Roger Porter and Lake Charles, LA Mayor Randy Roach have announced that Aeroframe will ...

Dow Eyes Midland, MI for Site of Solar Shingle Plant

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...

Niagara Power to Boost Erie Canal Harbor Development

The New York State Economic Development Power Allocation Board (EDPAB) officially authorized the New York Power Authority (NYPA) to utilize net revenues from the...

Louisiana Marching in Saints Parade

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...

Report Projects 7,000 Renewable Energy Jobs in Utah

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...

Bluegrass Region Attracts $47.5 Million in Venture Funds

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...

Experian Adding 300 Jobs in Allen, TX

International credit information firm Experian plans to increase the size of its Allen, TX operation by almost a third, according to a report...

Where The Grass is Getting Greener

State approval of the use of marijuana for reducing nausea in chemotherapy patients and other medical applications is spreading like, well, ...

OK Governor Urges Funding for EDGE

Gov. Brad Henry is asking state lawmakers to develop a permanent funding source for a planned $1 billion endowment to help fund research projects...

U.S. Economy Surges by 5.7%

The U.S. economy grew by its fastest pace in six years in the fourth quarter of 2009, according to the latest government statistics. The...

New Group Aims to Make Central Ohio a Tech Center

The Columbus Partnership, an organization made up of 35 top business executives from the Central Ohio region, is recommending the creation of new group—called...

McDonnell Pledges $50 Million for Jobs

Gov. Bob McDonnell want to invest $50 million to attract businesses to Virginia, bulk up tourism advertising and entice movie makers to the state,...

Death Car Derby

We were cruising down to work on the Garden State Parkway this morning in our 2009 Toyota Corolla when a disturbing bulletin was broadcast...

GM is Betting on Electric Motors

General Motors is investing $246 million in electric motors and electric drive manufacturing facilities in the U.S. According to Tom Stephens, GM’s vice president for...

U.S. Wind Power Capacity Grew 39% in 2009

The growth of wind power capacity in the U.S. is expanding rapidly, according to the annual report of the American Wind Energy Association. Wind power...

Confluence Solar Plans $200 Million Facility in TN

Governor Phil Bredesen and Tennessee Economic and Community Development Commissioner Matt Kisber have announced that Missouri-based Confluence Solar has selected Clinton, TN as the...

VC Funds Plugging into Electric Car Charging Stations

A group of equity investors led by HSBC agreed this week to provide $350 million in funding to electric vehicle infrastructure start-up Better Place,...

MTU Detroit Diesel Puts Plant in Aiken County, SC

The South Carolina Department of Commerce and the Economic Development Partnership have announced that MTU Detroit Diesel Inc. is planning to ...

A Win-Win Situation

In the past few months, we’ve written about numerous plant closings and consolidations. So it was very refreshing to receive this report from the...

Renewable Energy Incubator Opens in Utah

Utah's first business incubator focused on renewable energy has begun operations at University Plaza, near the campus of Dixie State College. A collaborative...

Morrell Closing Sioux City Meatpacking Plant

John Morrell & Co. has announced it is permanently closing its hog processing and fresh meat fabrication plant located in Sioux City, Iowa, effective April 20, 2010....

Swiss Post Robust 2009 FDI From U.S.

Switzerland says it scored 37 new or expanded investments from North America in 2009.

Help for Haiti

We have all been shocked by the scenes of devastation that have emerged from the disaster in Haiti. The 7.0 magnitude earthquake which...

Report: Tax Incentives Waste Money, Don’t Create Jobs

A study funded by Heinz Endowments and undertaken by non-profit Good Jobs First has questioned the value of Pennsylvania’s use of large tax breaks...

From Motown to TechTown

Much has been made in recent months about the gloomy economic landscape in Detroit. Based on double-digit unemployment statistics, Michigan and its auto-based economy...

ESolar to Build Solar Thermal Plants in China

ESolar Inc., Pasadena, CA,  signed an agreement last week to build a series of solar thermal power plants in China with a total capacity...

Schulz Invests $300 Million in MS Pipe Plant

Wilh. Schulz GMBH has decided to locate a new $300-million seamless pipe manufacturing facility in Mississippi, Gov Haley Barbour and officials from Schulz announced...

Featured Location Spotlight

Location Spotlight: Cape Coral – A Strategic Location

Ranked among the best places to live and do business, and located in the tax-friendly state of Florida, Cape Coral is a top contender for corporate relocations and business expansions for companies worldwide.

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Intersect Illinois – Where Your Business Meets Success

The 17th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent. Learn more at intersectillinois.org.