twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives
NCMA Algae Tips
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Commercial Algae Professionals Check out more of The Buzz

Algenol ends standoff in Lee County, FL

April 22, 2014
AlgaeIndustryMagazine.com

algenol-logoDavid Albers reports in the Naples (FL) Daily News that Algenol Biofuels and Lee County, Florida, have come to a “semantic agreement” they say will keep an expansion project in the county that could create as many as 400 jobs.

After months of friction over whether Algenol was meeting the job creation benchmarks of a $10 million economic incentive agreement between the company and Lee County, the county has submitted a conciliatory letter to local newspapers. The letter states that Algenol – which grows algae and converts it into biofuels – has surpassed job creation and capital investment goals outlined in the economic incentive deal.

As of February of this year, Algenol had received nearly $10 million in taxpayer money from the county’s Financial Incentives for Recruiting Strategic Targets program, a $25 million fund created in 2008 to lure high-wage businesses to Lee County. Algenol’s fourth quarter 2013 ADP payroll report states the company had 127 employees as of January.

On April 17, Woods announced on local television that he would keep Algenol’s planned algae growing materials manufacturing plant in Lee County.

Read More

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2014 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
James “Jamie” Levine took over the reigns at Sapphire Energy in July of this year as former President and CEO Cynthia “CJ” Warner stepped down, retaining her role as chai...
Hammenhög, Sweden-based agribusiness Simris Alg has announced the launch of its first consumer products. The algae farmers’ exclusive omega-3 supplements and superfoods w...
While aquafarmers in Maine have been harvesting seaweed for nearly 80 years, for a variety of uses and products, in recent years wild harvests have not been able to meet ...
The Asahi Shimbun reports that an experimental facility to produce oil from algae was constructed on former farmland that was abandoned after the March 2011 Great East Ja...
DENSO Corporation, Toyota Motor Corp.’s largest supplier, has announced that it will build a large test facility to culture Pseudochoricystis ellipsoidea – an oil-produci...
The U.S. Department of Energy (DOE) has awarded Arizona State University (ASU) a three-year, $1 million grant to fund the Atmospheric Carbon Dioxide Capture and Membrane ...
Ewen Callaway writes in the jounal Nature that restrictions on harvests and exports of Gelidium seaweed in Morocco have affected the global supply of the lab reagent agar...
John Wiegand writes for MiBiz.com that, as the craft brewing industry matures, many West Michigan producers have started seeking out technology that provides sustainable ...
The last post positioned algae solutions for bioremediation of poisoned water and soil that can reduce the risk of arsenic exposure and the onset of autism spectrum disor...
Algaculture, or algae farming, like any form of agriculture, is highly sensitive to fertilizer costs. A major roadblock to commercial algae farming is efficient utilizati...
If we built a Green Friendship Bridge composed of 8,600 algae microfarms given to Mexican and Central American farmers in lieu of 1%, (13 miles) of additional border wall...
The U.S. Department of Energy’s just released 2016 Billion-Ton Report: Advancing Domestic Resources for a Thriving Bioeconomy summarizes the most recent estimates of pote...