Monday, December 15, 2008

Damn Hippies at Dow Corning

According to Stephanie Burns, CEO of Dow Corning: “We’re… confident that solar technology represents a tremendous opportunity for both clean energy and economic growth.”

How confident are they? So confident that they’re investing up to $2.5 billion in a joint venture with Hemlock Semiconductors in Clarksville, Tennessee. Today’s announcement means 1,000 construction jobs in the short term and up to 800 high-paying jobs at the facility in the long run.

"This is a huge win for Tennessee. They're talking about a range of investment of between $1.2 billion to $2.5 billion over time. If they get to the upper end of that range, it will be the largest investment in our state's history," Gov. Phil Bredesen said.

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