Toledo’s Owen Corning Licenses Twintex
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TOLEDO, Ohio, June 23 /PRNewswire-FirstCall/ — Owens Corning (NYSE: OC), a world leader in glass fiber reinforcements and residential and commercial building materials, announced today that it has licensed its award-winning Twintex(R) reinforcement technology to Fiber Glass Industries, Inc., Amsterdam, N.Y.
Twintex(R) technology will be used by Fiber Glass Industries to produce GLASS POLYPRO(TM) roving and fabrics that combine glass fibers and polypropylene filaments. The proprietary and ready-to-use thermoplastic and glass fiber technology is designed to produce reinforcements with high mechanical properties such as excellent stiffness-to-weight ratio and superior impact resistance. Twintex(R) technology also provides freedom of design and easily recyclable products.
“We are delighted to establish another source of products made with Twintex(R) technology,” said Marcio Sandri, vice president and managing director, Americas, for Owens Corning’s Composites Group. “The additional availability of reinforcement products made with this innovative technology will extend its use in a variety of processes and markets.”
“We are proud to manufacture a new line of co-mingled glass and thermoplastic fibers using industry-leading technology,” said Tom Bruce, director of sales and marketing at Fiber Glass Industries. “This will allow for continuity of supply in the U.S. for co-mingled glass and thermoplastic roving products, and also allow us to work with our customers to develop new applications for the products.”
Bruce said production of GLASS POLYPRO(TM) roving and fabrics by Fiber Glass Industries will begin in September. Until then, material needs will be provided by Owens Corning.
Earlier this year, an application of Twintex(R) technology received one of the composites industry’s highest awards. The honor, awarded at the JEC Composites Show in Paris, the world’s largest exhibition for composites materials, was for the products and technology used to make window lineals. The breakthrough technology, using Twintex(R) co-mingled glass fiber and polymer reinforcements, eliminated the need for steel inserts to strengthen the parts, which allowed the manufacturer to eliminate a separate insertion step from the process.
About Owens Corning
Owens Corning is a leading global producer of glass fiber reinforcements and engineered materials for composite systems and residential and commercial building materials. A Fortune 500 company for 55 consecutive years, Owens Corning is committed to driving sustainability through delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning had sales of $6 billion in 2008 and about 16,500 employees. OCV(TM) Reinforcements, OCV(TM) Technical Fabrics and OCV(TM) Non-Woven Technologies are the three main business units that comprise the Owens Corning’s Composites Group. The business delivers a broad range of reinforcement products that provide lightweight alternatives to steel, wood and aluminum, thereby reducing weight and improving energy efficiency. Additional information is available at www.owenscorning.com.
About Fiber Glass Industries
Fiber Glass Industries, Inc. (FGI) of Amsterdam, NY has been a supplier to fiberglass composites manufacturers for more than 50 years. The company started with a full line of woven fiberglass and combination products. From there it installed and continues to operate its own furnace and is now one of the top producers of specialty fiberglass mat and cloth products for closed mold/RTM fiberglass composites manufacturers. FGI also produces high-strength stitch-bonded fiberglass fabrics for a variety of industries. Additional information is available at www.fiberglassindustries.com.
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Governor Strickland Announces Ohio Bipartisan Job Stimulus Awards for Advanced Energy
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Columbus, Ohio – Ohio Governor Ted Strickland and Ohio Air Quality Development Authority Executive Director Mark Shanahan today announced that a Perrysburg solar panel manufacturer and a clean coal power plant to be built along the Ohio River in Meigs County have been selected to receive the first two funding awards from the $150 million advanced energy portion of the Ohio Bipartisan Job Stimulus Plan.
“The first two recipients of these funds are great examples of how investing in advanced energy technologies is stimulating Ohio’s economy,” said Strickland. “The impacts of President Obama’s recovery act and our bipartisan state stimulus package are becoming evident — we are creating the jobs of the future in Ohio today.”
The funding, which will be awarded to Willard & Kelsey Solar Group LLC and AMP-Ohio, was approved by the Ohio Air Quality Development Authority (OAQDA), the state agency responsible for administering the program’s funds.
“These two outstanding projects demonstrate that the Advanced Energy Job Stimulus Program is fulfilling its mission to support cutting-edge projects that are on a fast track toward commercialization,” said Mark Shanahan, executive director of OAQDA and the governor’s energy adviser. “These investments can attract additional investment and will put Ohioans to work in the jobs of the future.”
Willard & Kelsey Solar Group LLC
Willard & Kelsey will receive a $10 million loan over two years to assist in the planned expansion of its Perrysburg manufacturing facility, which currently employs about 400 workers. Willard & Kelsey manufactures thin-cell photovoltaic solar panels that are distributed around the nation and world. The panels are used in residential and commercial settings to generate electricity. The company currently operates one manufacturing line, but plans to expand to as many as 16 lines, employing more than 3,500 workers. The average annual wage and benefit package for company employees will be approximately $61,000. Total project cost is $1.2 billion.
Willard & Kelsey was formed in 2007 as an outgrowth of Glasstech Solar, which pioneered the development of large area, thin-film cadmium telluride solar modules. Its first manufacturing line began operations in February, and the planned expansion will commence in June 2010 to take advantage of the growing global market for solar panels for use in electricity generation.
“Our company is honored to be one of the first recipients of funds from Ohio’s Advanced Energy Job Stimulus Program. We are extremely pleased that we have the opportunity to help strengthen the economy of northwest Ohio as the area’s traditional strength as a global leader in the glass industry evolves naturally into a leadership role in the solar industry,” said William Mitchell, president and CEO of Willard & Kelsey.
American Municipal Power (AMP-Ohio) Generating Station
AMP-Ohio will receive a $30 million bridge loan to assist in the construction of the 1,000-megawatt American Municipal Power Generating Station in Letart Falls in southern Meigs County. Construction is expected to begin later this year and will employ more than 1,500 workers. An estimated 150 full-time workers will be hired beginning in June 2011, earning an average wage of $31.25 per hour. Another 15 workers will be hired at an associated fertilizer facility. Total project cost is $3.2 billion.
The new plant will use a variety of pollution-control technologies, including the Powerspan ammonia-based scrubber system, which successfully removes the great majority of sulfur dioxide, nitrogen oxides, fine particulate matter and mercury produced during combustion. Powerspan also has demonstrated a promising technology for removal of carbon dioxide. Additionally, the technology also yields a highly marketable ammonium sulfate fertilizer byproduct. AMP-Ohio is working with Ohio-based The Andersons on the fertilizer portion of the planned power plant facilities. The Powerspan technology previously received $4.5 million in funding from the Ohio Coal Development Office, a program of OAQDA.
When built, the new plant will help stabilize power costs for nearly 300,000 electricity customers of AMP-Ohio in 69 Ohio communities.
“The bridge loan that Ohio’s Advanced Energy Job Stimulus Program is providing AMP-Ohio assures that we can launch the construction phase of this important project on schedule later this year. We believe the project underscores our commitment to the environmentally sound use of clean coal and advanced energy technologies, as is also affirmed by our hydroelectric projects at existing dams on the Ohio River,” said Jolene Thompson, senior vice president of member services and external affairs for AMP-Ohio.
Ohio’s Advanced Energy Stimulus Program, includes $84 million for non-coal related technology projects and $66 million for clean coal projects. The program is part of the $1.57 billion Ohio Bipartisan Jobs Stimulus Plan signed into law by Governor Strickland in June 2008. More than 215 applications for program funding have been received to date.
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Microchannel Hydroprocessing for Upgrading Biofuels, Petroleum Feedstock and Chemical Intermediates
Velocys, Inc., located in Plain City (Union County), in collaboration with the Ohio BioProducts Innovation Center Wright Center of Innovation, Archer Daniels Midland Company, BP-Husky LLC Toledo Refinery, Albemarle Catalysts Company BV and NetJets, Inc., was recommended for a $4 million grant to apply the company’s microchannel process technology to hydroprocessing for transportation fuels. The project focuses on hydrocracking to upgrade Fischer-Tropsch fuels and heavy petroleum feedstock for jet and diesel fuel. Additional hydroprocessing application opportunities include the processing of edible oils, specialty and fine chemicals, and conversion of natural oils and fats to transportation fuels.
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Ohio Wins Site Selection Competitiveness Award
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State also Ranks #1 in Advanced Energy Manufacturing
Columbus, Ohio – Site Selection magazine has recognized Ohio with the 2008 Competitiveness Award. The award recognizes the state-level economic development agency that ranks highest in business expansion activity. Ohio also ranked #1 in alternative energy manufacturing with 135 projects in the U.S. last year. The May 2009 edition of the magazine will highlight these awards.
“We appreciate this recognition of the state’s business expansion efforts and economic development competitiveness,” said Governor Ted Strickland. “Ohio has also been ranked as a leader in manufacturing of wind power and other advanced energy technologies, demonstrating our commitment to job creation through investments in these high-growth industries.”
The award was presented earlier this week at the Industrial Asset Management Council Conference luncheon in Asheville, North Carolina. The 10 criteria used to select the recipient of the Competitiveness Award were based on project data tracked by Site Selection publisher Conway Data’s proprietary New Plant Database. The criteria include:
- Total new and expanded facilities per 1 million population in 2008;
- Total capital investment in new and expanded facilities per 1 million population in 2008;
- Total new jobs created at new and expanded facilities per 1 million population in 2008;
- Total actual number of new and expanded facilities in 2008;
- Percentage growth in new and expanded facilities from 2007 to 2008;
- Three-year growth change (from 2005 to 2008) in new and expanded facilities;
- Ranking in Site Selection’s most recent annual business climate survey;
- Number of top 100 metros in the annual ranking of top metros;
- Number of top 100 small towns in the annual ranking of small towns; and
- Number of 100-plus-job projects per 1 million population in 2008.
“Ohio is putting to work our innovative initiatives that will allow us to continue attracting capital investments to the state,” said Lt. Governor Lee Fisher. “These investments increase our state’s global competitiveness in an ever-changing economy and lay the foundation for economic growth.”
In addition, the Dayton Development Coalition and the Cincinnati USA Partnership were named in Site Selection’s Top 10 Groups in Economic Development from 2008. This honor recognizes economic development organizations that were exemplary in terms of total jobs created, total capital investment, jobs per capita and capital investment per capita. The Greater Akron Chamber and the Toledo Regional Growth Partnership received honorable mention in this category. In the Top Deals from 2008 category, NetJets received an honorable mention. Top Deals are based on investment, high-value jobs, creativity in negotiations and incentives, regional economic impact, competition and speed to market.
“We are committed to our business community and making Ohio as business-friendly as possible,” said Mark Barbash, Interim Director of the Ohio Department of Development. “Businesses realize both the significant opportunities of operating here as well as the quality of life for their employees in Ohio.”
“Ohio is demonstrating that it can meet today’s economic challenges with business-climate improvements, infrastructure assets and new projects,” says Mark Arend, editor in chief of Site Selection Magazine. “The state’s focus on expanding its economic base beyond legacy industries to renewable energy, life sciences and other key sectors is now bearing fruit.”
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MRI Technology Enabling the Expansion of MRI into Radiotherapy Guidance with Additional Applications to Hybrid Imaging Modalities
ViewRay Inc., located in Oakwood Village (Cuyahoga County), in collaboration with Quality Electrodynamics, Case Western Reserve University, and The Ohio State University was recommended for $5 million in funding to develop an instrument combining a magnetic resonance imaging (MRI) system with a radiotherapy source to better guide radiation to cancerous tumors while minimizing radiation exposure to the healthy, surrounding tissue.
Popularity: 24% [?]
Development of an Integrated Fuel Cell Forklift Truck
Crown Equipment, located in New Bremen (Auglaize County), was awarded $1 million for its Development of an Integrated Fuel Cell Forklift Truck project. The project will investigate, model, and create a running prototype of an integrated fuel cell powered-lift truck. The integration of the fuel cell into the truck design allows improved power efficiency and design flexibility that opens material handling opportunities and applications not possible with the power pack design. Specific project tasks include a system modeling effort that involves support from Ohio Northern University, identification of and partnering with fuel cell and balance-of-plant (BOP) suppliers, bench-top model construction and baseline testing and defined specifications for the creation of a prototype truck. Edison Materials Technology Center (EMTEC) will assist Crown with Ohio supply chain development and NexTech will work with Crown to incorporate its hydrogen sensor technology into the integrated truck design.
Popularity: 25% [?]
Market Growth for Adcanced Photopolymers
Spectra Group Limited, Inc., located in Millbury (Wood County), was recommended for $350,000 in funding for the commercialization of advanced photopolymers, which are polymers that cure or become solid when exposed to light. The project intends to commercialize these polymers for end-use applications in stereolithography, laser and digital light processing, and as a replacement for wax in investment castings. Spectra Group Limited anticipates that the project will create 16 jobs and more than $6 million in annual revenues by 2013. The funding will be used to upgrade its manufacturing capabilities by increasing its batch size and improving its quality control, and will provide the necessary raw materials to support extensive end-user evaluations in the target markets. The company also intends to use the funding to hire technical marketing partners to develop marketing strategies leading to new customer relationships.
Popularity: 24% [?]
Commercialization of the TrueContour Therapeutic Insole System
Acor Orthopaedic, Inc., located in Cleveland (Cuyahoga County), was recommended for $350,000 in funding to commercialize the TrueContour Therapeutic Insole System technology developed by DIApedia, a Pennsylvania company. The technology will use digital imaging of the foot to produce custom foot orthotics for patients with diabetic peripheral neuropathy. The company anticipates this project will create 50 jobs and nearly $9 million in revenues by 2013. Acor Orthopaedic intends to use the funding for installing beta test systems in high-volume clinics, making necessary software modifications, expanding the use of the system to a wider base of patients, and developing marketing materials. A national product launch is planned for the end of 2010.
Popularity: 24% [?]
Commercialization Laser Bond Inspection Technology
LSP Technologies, located in Dublin (Franklin County), was recommended for $350,000 in funding for the establishment of a business division to manufacture, sell, and service Laser Bond Inspection Technology, a testing method for determining the integrity of bonded composite material joints. The company has developed and demonstrated the technology in conjunction with The Boeing Company. The company anticipates that the aerospace sector is projected to create systems sales of $2 million by the end of the project and will grow by about $2 million per year, reaching more than $8 million in 2013. LSP Technology anticipates its staff will grow to 18 employees during this time. Non-aerospace system sales are projected to begin around 2012 and over the next five years will increase the company’s revenues to $20 million from $10 million and double its staff. The funding will be used to support a sales manager, perform an in-depth market analysis for the Laser Bond Inspection technology, execute market visits to potential customers, and complete the overall commercialization plan.
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Handheld Emissions Dector Commercialization Program
L-3 Communications Nova Engineering, located in Cincinnati (Hamilton County), was recommended for $350,000 in funding for the commercialization of the Handheld Emissions Detector, a technology that allows detection, source direction, and location of radio frequency emitters. The device is of critical importance to the U.S. Army’s concepts of the Land Warrior and Future Force Warrior. The Army has successfully tested the device and five enhanced units are scheduled for delivery to the Army by the end of 2008, with two to be immediately deployed in a combat environment. L-3 Communications Nova Engineering projects additional revenues from the device of about $4 million by the end of the 18-month project, increasing to $15 million per year by 2013, with $2 million of that amount coming from non-military sales. The company anticipates the technology will create 20 jobs, and intends to use the funding to prepare manufacturing procedures for volume production and building initial units, to conduct a reliability analysis of the Handheld Emissions Detector, obtain patent protection, conduct military user exercises, and expand its market plan.
Popularity: 24% [?]
