[SIZE=+7]Good gawd...the man is still working from Trump Tower. Can you imagine how good things will become when he finally grabs the keys back from that mongrel?
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BUFFALO, N.Y. (AP) — Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York.
The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic.
Their statement gave no financial figures.
The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.
Production is due to begin in mid-2017. Tesla said it will create 1,400 jobs in Buffalo, 500 in manufacturing and plans further expansion in Buffalo.
Panasonic also is to work with Tesla on next-generation technology, the companies said.
New York state has committed $750 million to build and outfit the plant at Buffalo's RiverBend site, the centerpiece of Democratic Gov. Andrew Cuomo's "Buffalo Billion" program to revitalize the upstate region's largest city.
SolarCity has committed to investing $5 billion over 10 years in New York state, hiring almost 1,500 workers at the Buffalo plant for five years and employing at least 2,000 more people across New York in exchange for use of the state-owned plant.
In October, when word emerged about the possible manufacturing collaboration, the head of New York state's economic development agency said SolarCity will be held to job creation promises made when the state committed funding to build and outfit the plant, which is expected to begin production next summer.
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TESLA, PANASONIC AGREE TO PRODUCE IN BUFFALO...
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Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New York-based Conference Board.
Key Points
American households are expecting a Donald Trump administration to deliver. They are more upbeat about the prospects for the economy, labor market and their incomes, according to the Conference Board’s report. The results corroborate surveys by the University of Michigan and the National Federation of Independent Business, which showed jumps in household and business sentiment on Trump’s pledges to boost jobs, cut taxes and ease regulations.
more
Consumer Confidence Highest Since '01...
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BUFFALO, N.Y. (AP) — Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York.
The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic.
Their statement gave no financial figures.
The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.
Production is due to begin in mid-2017. Tesla said it will create 1,400 jobs in Buffalo, 500 in manufacturing and plans further expansion in Buffalo.
Panasonic also is to work with Tesla on next-generation technology, the companies said.
New York state has committed $750 million to build and outfit the plant at Buffalo's RiverBend site, the centerpiece of Democratic Gov. Andrew Cuomo's "Buffalo Billion" program to revitalize the upstate region's largest city.
SolarCity has committed to investing $5 billion over 10 years in New York state, hiring almost 1,500 workers at the Buffalo plant for five years and employing at least 2,000 more people across New York in exchange for use of the state-owned plant.
In October, when word emerged about the possible manufacturing collaboration, the head of New York state's economic development agency said SolarCity will be held to job creation promises made when the state committed funding to build and outfit the plant, which is expected to begin production next summer.
[SIZE=+7]
TESLA, PANASONIC AGREE TO PRODUCE IN BUFFALO...
[/SIZE]
Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New York-based Conference Board.
Key Points
- Confidence index increased to 113.7 (forecast was 109) from a revised 109.4 in November
- Measure of consumer expectations for the next six months rose to 105.5, the highest since December 2003, from 94.4
- Present conditions index fell to 126.1 from 132
- Share of Americans expecting better business conditions six months from now rose to 23.6 percent, the highest since February 2011, from 16.4 percent
American households are expecting a Donald Trump administration to deliver. They are more upbeat about the prospects for the economy, labor market and their incomes, according to the Conference Board’s report. The results corroborate surveys by the University of Michigan and the National Federation of Independent Business, which showed jumps in household and business sentiment on Trump’s pledges to boost jobs, cut taxes and ease regulations.
more
Consumer Confidence Highest Since '01...
