Green Business Bureau Blog
Ford Gives Green Jobs a Boost, Converts Auto Plant into Green Tech Park
The Ford Motor Company is converting an old auto plant in Wixom, Michigan into a green energy and clean technology business park.
Two of the first companies that will be moving into the newly revamped plant include a solar panel manufacturer, Clairvoyant Energy and Xtreme Power who provides an energy storage system that can take renewable energy and reintroduce it back into the power grid. The facilities span over 320 acres and could bring over 4,000 jobs to the area that lost 1,000 jobs when the original plant was closed by the American automaker looking to cut a few corners and trim their budget.
The area offered a number of beneficial tax credits which make it an ideal location for the backers, Xtreme Power, and Clairvoyant Energy, who have poured in over $725 million into the project so far. The facilities at the site will allow Clairvoyant Energy to produce over 2.5 million solar panels and the renewable energy tax credits could help boost business and create the much needed jobs.
The move is not only a boost for the green jobs sector but could revitalize the area as well.
Source: Environmental News Examiner