ROCKFORD, IL-The State of Illinois is providing $2 million in aid to a Chinese solar-panel manufacturer to locate a assembly plant here. The Wanxiang Group project could eventually bring 240 well-paying jobs to Rockford. MORE
WASHINGTON-The Environmental
Protection Agency’s proposed declaration that greenhouse gases pose a health
danger may increase pressure on Congress to pass new limits on emissions from
coal-fired power plants and factories. MORE
BANGALORE, India-Reva Electric Car Co., a manufacturer of electric cars in India, may set up a manufacturing facility in the United States. “Owing to positive [environment-related] policies in Europe and the U.S., we are definitely reviewing possibilities of looking at operations in both these regions,” said Chetan Kumaar Maini, deputy chairman and chief technical officer of Reva. MORE
FREMONT, CA-In a deal that will bring thousands of jobs here, federal officials have offered Solyndra Inc. a loan guarantee that will enable the solar panel manufacturer to construct a $733 million factory. MORE
WASHINGTON-Boeing is threatening not to bid
on a revamped aerial refueling plane contract, saying the Air Force has made so
many changes it needs more time to prepare. MORE
WASHINGTON-As factory production collapses around
the world, excess inventories that stand in the way of an eventual recovery are
disappearing even faster. MORE
DUBLIN, Ireland-Computer-maker Dell is
reportedly further cutting its work rolls in Ireland, the same country where
nearly 2,000 jobs are being eliminated as work is transferred to Eastern
Europe. MORE
WASHINGTON-President Obama has
made $2.4 billion available to fund next-generation of plug-in hybrid electric
vehicles and the advanced batteries that power them. MORE