Headline in the News today about repurpose of the idled Ford Wixom Plant possibly anchored by Texas-based XTreme Power, and Clairvoyant Energy, Santa Barbara, CA.
MI legislature yesterday rushed through an extension of the Economic Growth Authority tax credit program to cover the Sept. 14 federal loan filing deadline the companies need to meet.
The Detroit story calls the deal "hinging" on federal loans and state tax breaks. The reporters, in the online version, mention several other states are vying for the business but that the CEO of Xtreme Power declined to mention which.
In the Austin Statesman newspaper, one state identified is Xtreme Power's own Texas. The A-S reports the deal done. The Austin Statesman headline "Green-energy Company to Build Plant in Michigan."
Clairvoyant is working to bring Oerlikon, a Swiss high-tech company to North America. Oerlikon, among other products, makes thin film solar panels.
We have a company in Michigan that makes thin film solar panels. News today about Energy Conversion Devices 4th quarter fiscal earnings in Forbes. ENER will cut back on expansion plans which hopefully won't include the Ovonic's facilities in Greenville, MI?
Michigan workers understand competition. Barron's blog reports this week that the solar sector is in a run-up to a price war. China is turning up the amps. Michigan workers understand competition. We can handle it.
Bring it on!
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