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Senator: Correnti made solar deal more attractive - The Dispatch - 0 views

  • Earlier in the month, Gov. Haley Barbour pushed forward with a $75.25 million incentive package to bring Calisolar, a solar silicon company, to the old section of the Industrial Park
  • The project, expected to begin this fall or early next year, promises to bring 951 jobs to the a
  • the work Lowndes County officials have put into the Industrial Park made it an attractive choice, namely the ready ability to provide the 170 MW of power the company will require each day.
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  • that if the company fails, at least Lowndes County will own the building and equipment.
  • As part of the incentive agreement, Calisolar will receive a $59.5 million loan to construct the building and purchase equipment, with the county retaining ownership and leasing to them. The state is also providing $15.75 million for infrastructure and workforce training.
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Costs, impacts of incentive deals » Mississippi Business Journal - 0 views

  • ncentives make sense when there is a good probability that the objectives of the one offering the incentives will be achieved
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WFAE 90.7 FM - 0 views

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    WFAE features this series of stories about the Yadkin River and Alcoa's fight to keep control. 
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Angang Steel to issue up to $2.2 bln bonds, notes | Reuters - 0 views

  • China's steel sector, which produces about half of the world's steel output, is struggling with low profitability and its fragmented industry faces an overhaul in line with China's economic restructuring.Expensive iron ore costs plus weak demand for flat steel products have squeezed margins of Chinese major steelmakers such as Angang and Baosteel . ($1 = 6.375 Chinese Yuan) (Reporting by Stephen Aldred; Editing by David Holmes)
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The Hard Man of Russia - Forbes.com - 0 views

  •  
    "Alisher Usmanov"
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Alcoa Fights Back: Further Developments in M&A - Mining Technology - 0 views

  • They reproduced a letter from one such hedge fund, Jana Holdings, which read: "Given Alcoa's long history of failing to generate shareholder value through acquisitions, we believe that its greatest value can be realised through a sale or break-up of the company." "Marketplace valuations on reserves and resources are ridiculously cheap across the mining commodity spectrum," says Renken. "Hence the pressure on Alcoa's board to 'make things happen' corporately to get a better valuation on their own shares."
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      DID THE CHINESE SAVE ALCOA ?
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Alcoa ready to battle over Yadkin | North Carolina | Independent Weekly - 0 views

  • "[Alcoa's] application and its supporting information were incorrect through intentional withholding of information material to" whether the dams could ever meet the permit standards, DWQ Director Colleen Sullins said in a revocation letter sent to Alcoa Power Generating Inc., a subsidiary of the giant worldwide corporation.
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Alcoa-China Power Ink Pact - Zacks.com - 0 views

  • The terms of the joint venture were not disclosed.
  • In January, both the companies signed a memorandum of understanding (MoU) in Washington when the Chinese president Hu Jintao paid a state visit to the U.S.
  • The two will work together in overseas and domestic projects.
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Alcoa Q3 Results Out: CEO Kleinfeld Reacts - 0 views

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    given the fact that the economics are weaker than we expected just six months ago. i've said it confidence is the oxygen of the economy, and certainly the debt crisis and the whole discussion is casting a big shadow that's already made a big impact.
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Jim O'Neill (economist) - Wikipedia, the free encyclopedia - 0 views

  • Jim O'Neill is presently the Chairman of Goldman Sachs Asset Management. He was previously head of global economic research and commodities and strategy research at Goldman Sachs.[1] He is best known for his prominent economic thesis regarding the economically related nations referred to as BRICs (Brazil, Russia, India and China). He coined the phrase in a 2001 paper entitled "The World Needs Better Economic BRICs." [2]. He also has coined the term MIKT that stands for Mexico, Indonesia, Korea (South) and Turkey.[3]
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Press Releases * Calisolar - 0 views

  • Its investors include Advanced Technology Ventures, Globespan Capital Partners, Good Energies, Hudson Clean Energy Partners, and Ventures West.
  • We are grateful to Governor Barbour, the Mississippi State Legislature, the Mississippi Development Authority, and Lowndes County
  • Calisolar was awarded a clean energy manufacturing tax credit as part of the American Recovery and Reinvestment Act
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  • SMS Siemag
  • supplying the majority of the equipment to be installed at the Mississippi facility
  • San Antonio, Texas-based Zachry Holdings, Inc
  • engineering and building the facility
  • upport from the Tennessee Valley Authority
  • Lowndes County Development Authority
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COLUMN-China's Great Wall of Money? Not the sovereign fund | Reuters - 0 views

  • Mere rumours that China Investment Corp. (CIC) could enter the bidding for Rio Tinto (RIO.AX) (RIO.L) sent the Australian miner's stock higher last week, and talk that it might make investments in Japan boosted the Nikkei index .N225 and caused a bounce in the value of the yen.
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      Rio was purchased Chinalco and alcoa
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China's Quest for Energy - YouTube - 1 views

  • Fuelling China: Daniel Yergin joins a panel of Canadian economists and observers to discuss China's growing need for energy. What does this growth means for Canada? What are the political implications of China re-shaping their energy sector?
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China's Cyber Threat A High-Stakes Spy Game : NPR - 0 views

  • The cloak-and-dagger world of corporate espionage is alive and well, and China seems to have the advantage. Their cyber-espionage program is becoming more and more effective at swiping information from America's public and private sectors. The U.S. government has even blamed
  • China publicly for hacking American industries
  • but Chinese hackers have even broken into and stolen plans from American furniture manufacturers.
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  • "You can see the immediate economic benefit: You don't have to pay for the design, you can build it cheaper, and you can offer the same product at a lower price," he says. "That hurts our economy."
  • "Those are 10,000 jobs that would be in this economy, that would employ Americans, that are gone because of Chinese economic espionage," he says.
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Steel companies braced for price falls - FT.com - 0 views

  • October 9, 2011 2:46 pm
  • The steel industry faces tough times with companies braced for falling prices as buyers delay orders because of extreme nervousness about global economic weakness.
  • China. The country has been the chief locomotive in driving up the expansion of the global industry.
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  • aid he foresaw the turbulence spilling over into 2012 – a year he said was likely to be marked by “short-term economic and financial issues impacting long-term economic sustainability”.
  • According to a survey for the Financial Times by six industry experts, growth in world steel shipments is set to slow to 4.9 per cent next year after a likely 6.6 per cent this year.
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http://americanmanufacturing.org/files/AAM%20plan_2.pdf - 0 views

  • while the U.S. economy will expand by perhaps 40% in constant dollar terms, net foreign ownership of U.S. assets – stocks, bonds and property in the hands mostly of China and other emerging Asian countries -- will expand fivefold. This is the ownership society, though with others doing the owning.
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