If Hemlock Semiconductor doesn't crank up operations at its massive Clarksville plant by year's end, it will have to cover the principal payments on the $20 million loan Montgomery County officials took out to buy the land under the facility. Mark Hicks at the Leaf-Chronicle has the details.
The terms are part of a performance-based agreement between HSC and the EDC, in which Hemlock committed to a $1 billion investment, which Chavez noted to company exceeded by $1 billion, and 500 jobs, “but they’re short on jobs by about 400,” he said.
A traveling show of cars and trucks powered by a variety of alternative fuels will roll soon across Tennessee, making a stop in Nashville on Tuesday, March 26, at the Ellington Agricultural Center.
Dubbed the Alternative Fueled Vehicle Roadshow, the event includes vehicle demonstrations and a two‐hour seminar featuring a panel of experts and state officials speaking on fueling infrastructure, public safety and the economic viability of various fuel types – electricity, propane, biofuels and compressed natural gas.
Organizers will also talk about how businesses and government can transition to these price‐stable, low-maintenance fleet options.
Presenters include Efacec, a Portugal-based manufacturer of fast chargers for electric vehicles with an office in Jackson, Tenn., Brentwood-based Nissan of North America and several other companies that specialize in biofuels and alternative energy.
Atha Comiskey, executive director of Middle Tennessee Clean Fuels will moderate. Speakers include Molly Cripps, director of the Tennessee Department of Environment and Conservation Office of Energy Programs, and Warren Nevad, executive director of the Tennessee Renewable Energy.
“We import the dirty fuels, and export the clean ones,” Joy Kramer, director of the tour, said in a press release. “Our events are designed to reverse that equation, with education and hard numbers to make the business case.”
The event is coordinated by AdVentures, an Atlanta-based green event planning company. It is free and open to the public, but registration is required. For more information, go to www.afvroadshow.com.
Hemlock Semiconductor has confirmed that the 300 people whose jobs were furloughed early this year at the company's brand new Clarksville plant are being given severance packages and job placement services. Jimmy Settle with the Leaf-Chronicle has the details.
The bright promise of early 2009 dimmed considerably Monday at Hemlock Semiconductor, which said it was laying off 300 people in Clarksville and another 100 in Michigan in the face of oversupply in the polysilicon industry and the threat of Chinese tariffs against its products. Hemlock's $1 billion-plus plant in Montgomery County had been scheduled to begin production of materials for use in solar panels later this year but may never get cranking if the solar energy industry's finances don't improve in a big way.
Clarksville-area officials put on a brave face Monday, saying other industrial projects will still bring jobs to the area. Meanwhile, WPLN's Blake Farmer points out that the incentive millions paid by the state to Hemlock aren't coming back.
Franklin-based Eco-Energy said it has signed an agreement to market the up to 50 million gallons of ethanol produced each per year by Lincolnway Energy LLC in central Iowa. The company, which is in the process of selling a majority stake to a Brazilian company, earlier this week said it also has signed a similar deal with a Minnesota cooperative.
Two quick hits on the current state of and future prospects for electric car adoption: First, Brad Tuttle at Time says the rollout of new models by Chevrolet and Fiat as well as the increased production of batteries should help lower prices and bring more consumers in the market. But, he adds, that won't create a legion of evangelists; too many people are still not looking past the pitfalls of electric-car technology. Secondly, Steve LeVine at Quartz points out that energy giant ExxonMobil is projecting that electric cars will account for a tenth of all sales in 2040.
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