Inflation Reduction Act
$375M DOE Investment Spurs Second Eastman Molecular Recycling Project In U.S.
Department of Energy funding led Eastman to announce plans to build its second U.S. molecular recycling facility in Longview, Texas. In Odessa, Liberty Energy breaks ground on its $50 million project.
Treasury Issues New Guidance On Clean Energy Investment
Guidance provides additional information about the bonus for clean energy projects and facilities under the Inflation Reduction Act (IRA).
Treasury Secretary: IRA Led To $650B In Clean Energy Investment
Secretary of the Treasury Janet L. Yellen visits Kentucky on third anniversary of the American Rescue Plan, highlights Inflation Reduction Act's impact on clean energy investments.
11 Major U.S. Clean Energy Projects Announced Last Month
Businesses have announced more than 265 new clean energy projects in 41 states since August 2022, when the federal Inflation Reduction Act (IRA) was signed into law.
Canadian Solar To Build $800M Solar PV Cell Plant In Indiana
Ontario-based Canadian Solar will establish a 5 GW Solar PV cell production facility at the River Ridge Commerce Center in Jeffersonville, IN.
Washington, Michigan, Massachusetts, California, Texas Are #1 In Key Industries
Business Facilities Annual State Rankings highlight high-growth sectors, including Aerospace/Defense, Automotive, Life Sciences, Semiconductors, and Film & Television.
METUS Opens New Jersey Distribution, Training Facility
New 400,000-square-foot Distribution and Training Center in Florence, NJ is intended to strengthen Mitsubishi Electric Trane HVAC US LLC’s supply chain, provide efficient heat pump distribution to the Northeastern U.S.
ABB Investing $170M In Seven States Across The U.S.
From New Mexico to South Carolina, ABB investments support a more secure supply chain and strengthen local manufacturing.
GE To Invest $450M+ In U.S. Manufacturing This Year
Investments in equipment, facility upgrades, and other improvements at GE’s aerospace and energy businesses will take place across eight states, create 1,700 jobs.
Michigan Lands Ford’s New $3.5B LFP Battery Plant
Ford will build an LFP battery plant in Marshall, MI, part of the company’s more than $50 billion investment in EV production. The plant will employ 2,500 workers when production begins in 2026.
Despite Economic Pressures, 2023 “Year of Opportunity And Resilience”
Nearly half of middle market CFOs predict double-digit growth in 2023, but that optimism is tempered by the threat of new and familiar risks, according to new BDO survey.
Growing Companies To Invest Nearly $80M In Texas Expansion Projects
Tropicale Foods will invest $75M and create 500 jobs in Lubbock, Broadwind Heavy Fabrications will invest $3M in Abilene.