twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives
NCMA Algae Tips
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!GEA Algae Separation Technology 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
U.S. farmers and biofuels makers are watching for the Environmental Protection Agency’s (EPA’s) final decision on the 2014 Renewable Fuel Standard rules, which will set t...
Researchers Greg O’Neil of Western Washington University and Chris Reddy of Woods Hole Oceanographic Institution (WHOI), have exploited an unusual and untapped class of c...
Don Willmott writes in Huffington Post about Nevada-based Algae Systems, which has built a test plant on Alabama's Mobile Bay to not only turn algae into diesel fuel but ...
The European (FP7) algae project Sustainable PoLymers from Algae Sugars and Hydrocarbons (SPLASH) has been developing a platform technology for the conversion of third ge...
The Biotechnology Industry Organization (BIO) has named Solazyme CEO and co-founder Jonathan S. Wolfson as the recipient of its 2015 George Washington Carver Award for in...
Japan’s IHI Corporation has announced that they have succeeded in stably cultivating a modified high-output algal strain in a 1,500 square meter open pond in Kagoshima, K...
Nurit Canetti writes in Israeli Pulse that Rwandan agronomists are on a one-year visit to Israel to study various aspects of Israeli agriculture firsthand. Primarily they...
Modesto, California-based G3 Enterprises, Inc. has entered into an agreement with Commercial Algae Professionals (CAP) to represent their unique drying technology in the ...
Hannah Osborne writes in the International Business Times that algae has been genetically engineered to kill cancer cells without harming healthy cells. The algae nanopar...
Bloomberg reports that ANA Holdings Inc., Japan’s largest airline, plans to use a Euglena Co. biofuel made from algae. ANA will use a mix of about 10 percent of the algae...
I’m an aquanaut teen. I was born in immersion in 2050 in an underwater farm called “Aequorea” off the coast of Rio de Janeiro. Bio-inspired, the farm draws its name from ...
S V Krishna Chaitanya writes for the New Indian Express that a scientist from Chennai, the capital city of the Indian state of Tamil Nadu, in South India, is playing a ke...