Ohio's Leadership in Alternative Energy Grows.State Announces Two New Fuel Cell Initiatives COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. -- Companies are catching on that Ohio is the ideal location for the alternative energy industry. Recently, the state announced two major alternative energy initiatives that will be developed in Ohio. Rolls-Royce Fuel Cell Systems, Inc.'s U.S. headquarters will be in Canton, Ohio Canton is a city in the U.S. state of Ohio and the county seat of Stark CountyGR6. The municipality is located in northeastern Ohio and is situated on the Nimishillen Creek, approximately 24 miles (38 km) south of Akron[4] and will be the first occupant of the Stark State College of Technology Stark State College of Technology (SSCT) is a state college located in North Canton, Ohio, USA. It is the largest of five colleges and universities in Stark County, and Ohio’s largest technical college. Prototyping Center, and UltraCell Corporation of California will be moving the first high-volume fuel cell production line to Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. . These companies join GrafTech International, HydroGen Corporation, Pemery Corporation, ECD ECD Early Childhood Development ECD Electron Capture Detector ECD Energy Citations Database ECD Executive Creative Director (advertising) ECD Ethyl Cysteinate Dimer ECD Electron Capture Dissociation ECD Electronic Civil Disobedience Ovonics and NexTech Materials, among others in calling Ohio home. The development of these two initiatives reinforces that Ohio is a leading location for the alternative energy industry. It also verifies that the state's business reforms, such as no tax on investments in machinery and equipment and no tax on the first $1 million in gross receipts the total of the receipts, before they are diminished by any deduction, as for expenses; - distinguished from net profits. - Bouvier. See under Gross, a. os> See also: Gross Receipt , are important considerations for alternative energy companies looking to maximize their return on investment. Along with the business reforms, in 2005 the state renewed the Ohio Fuel Cell Initiative, which helps expand financing, research, development, demonstration and training projects in the fuel cell industry. As one of the few places where all phases of fuel cell development takes place, from research and development to component suppliers and final product manufacturing, Ohio continues to develop a supportive business environment for fuel cell companies and other alternative energy sources. Ohio recognizes that alternative energy sources are a critical investment area for economic growth. As part of the state's marketing efforts, the Ohio Business Development Coalition has targeted alternative energy as an emerging growth industry and is working to promote the state's initiatives in alternative fuels and the benefits of the recent business reforms. "It is clear executives at alternative energy companies recognize the benefits of Ohio's business environment and the strong quality of life the state has to offer," said Ed Burghard, executive director of the Ohio Business Development Coalition. "Ohio offers ideal-sized cities, affordable housing and a wide variety of cultural, recreational and educational opportunities. This allows executives and their employees to find the perfect work-life balance The expression work-life balance was first used in 1986 in the US (although had been used in the UK from the late 1970s by organisations such as New Ways to Work and the Working Mother's Association) to help explain the unhealthy life choices that many people were making; they were ." About the Ohio Business Development Coalition The Ohio Business Development Coalition (OBDC OBDC - Do you mean ODBC? ) is a nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. that provides marketing strategy and implementation to support Ohio's economic development efforts. It is funded with a combination of public and private sector funds. The objective of the OBDC is to provide the Ohio Department of Development, the state's regional economic development organizations and chambers qualified leads and tools to retain and expand Ohio companies, and attract new companies to Ohio. For more information, please visit www.ohiomeansbusiness.com. |
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