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Dec 13 2023
News
GreenPower Motor rolls out first set of new all-electric buses to four West Virginia school districts
SOUTH CHARLESTON, W.Va. — The first all-electric school buses are being rolled out on the roads for four West Virginia school districts to start using for the first time this week. GreenPower Motor Company held a ceremony unveiling the new electric buses at its manufacturing facility in South Charleston Wednesday morning. Company officials among local, state, and federal representatives, the
WV Metro NewsDec 13 2023
News
State Reviews 2 Companies' Possible Ties to China - Arkansas Business — Business News, Real Estate, Law, Construction
Arkansas Department of Agriculture Secretary Wes Ward has asked Attorney General Tim Griffin to investigate two companies’ possible ties to the Chinese government under a new state law that bans prohibited foreign entities from owning Arkansas agricultural lands. Ward said in letters to Griffin that Risever Machinery LLC in Craighead County, a manufacturer of parts for heavy equipment, and
Arkansas BusinessDec 12 2023
News
China's Xi Visits Vietnam In Bid To Counter US
China's President Xi Jinping arrived in Vietnam Tuesday for his first visit in six years, as he seeks to counter the United States' growing influence with the communist nation.
Xi will meet the leader of Vietnam's ruling Communist Party, Nguyen Phu Trong, after Hanoi upgraded diplomatic ties with Washington when US President Joe Biden visited in September.
Biden's visit was part
International Business TimesDec 11 2023
News
US plans $35 million award to BAE to boost chip supply for F-35
WASHINGTON (Reuters) – The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites. The announcement is the first from the $52.7 billion “Chips for America” semiconductor manufacturing and research subsidy program approved by Congress in August 2022
WTVBDec 08 2023
News
Biden's Latest Move To Seize Drug Patents Is Sick And Deadly
To improve his sickly approval ratings, President Biden wants to be seen as cutting the prices of costly drugs. To that end, his administration has announced that it intends to seize the patents of drugs that are developed with taxpayer funds and that the feds consider are too expensive and give those patents to other manufacturers. This segment of What’s Ahead explains how this would
ForbesDec 11 2023
News
Gov. proposes $90M to launch 'Va. Research Triangle'
Youngkin's budget to include funds for U.Va., Tech and VCU In a preview of his 2024-26 proposed budget, Gov. Glenn Youngkin announced Monday that he is including $90 million in one-time funds to create “Virginia’s Research Triangle,” a network between the University of Virginia, Virginia Commonwealth University and Virginia Tech to build collaboration in biotechnology, life sciences and
Virginia BusinessDec 11 2023
News
Youngkin’s $90 million push to create ‘Virginia’s Research Triangle’ network
RICHMOND, Va. (WRIC) – Gov. Glenn Youngkin wants to invest $90 million to connect research institutions at three Virginia universities. Gov. Youngkin announced Monday that he will propose a one-time $90 million investment in his biennial budget, which will be released on Dec. 20, to create a biotechnology, life sciences and pharmaceutical manufacturing network among research institutes at the
ABC 8 WRICDec 11 2023
Opinion
U.S. plans $35-million award to BAE Systems to boost chip supply for F-35s
The U.S. Commerce Department said Monday it plans to award $35-million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites. The announcement is the first from the $52.7-billion “Chips for America” semiconductor manufacturing and research subsidy program approved by Congress in August 2022 to ramp up U.S. chips
The Globe and MailDec 12 2023
News
Dassault Plans $100M Expansion of Little Rock Facility - Arkansas Business — Business News, Real Estate, Law, Construction
Aircraft manufacturer Dassault Falcon Jet on Tuesday announced a $100 million expansion of its Little Rock facility, a project expected to create 800 jobs over the next four to five years. The company currently occupies about 1.25 million SF near the Bill and Hillary Clinton National Airport and employs about 1,400 people. Dassault is adding space and employees to ramp up production of its
Arkansas BusinessDec 01 2023
News
Biden administration sets EV tax credit rules meant to cut out China
The Biden administration announced Friday that it will bar any electric vehicles from qualifying for subsidies if their batteries are made in China or with Chinese materials, a provision that extends to any companies worldwide that are under Beijing's sway.
The standard is aimed at shoring up domestic manufacturing and moving the supply chain for electric vehicles away from China.
Washington Examiner