The Leader - November/December 2008 - (Page 88)

EC ONOMIC DEVELOPMENT I N T HE NEWS Energy a Top Priority MORE COMMUNITIES INVEST IN ALTERNATIVE FUELS Fujitsu Transaction Solutions Moves North American HQ to Richardson, Texas Fujitsu Transaction Solutions Inc., a global technology solutions provider to specialty and grocery retailers, moved its North American headquarters to the Fujitsu campus in Richardson, Texas. Fujitsu Transaction Solutions will join five other affiliate Fujitsu companies on the campus. Following the move, Fujitsu will become the eighth-largest employer in Richardson, with about 1,500 employees on the campus. Duke Energy Seeks Solar Suppliers to Launch $100 Million Solar Plan As part of its proposed $100 million North Carolina solar plan, Duke Energy Carolinas is seeking bids from solar power companies to supply solar panels, electrical equipment and installation services. Beginning in next year’s first quarter, Duke Energy will look to install electricity-generating photovoltaic solar panels at up to 850 North Carolina sites, including office buildings, shopping malls, warehouses, large manufacturing facilities and homes – both on the ground and on rooftops. The proposal requires approval by the North Carolina Utilities Commission prior to implementation. If regulatory approval is granted, Duke Energy expects to complete all installations by the end of 2010. Each installation should have a useful life of at least 20 years. to its citizens. Mississauga is a diverse and progressive municipality, known for its economic strength and for being Canada’s safest city. Consortium Breaks Ground for 151-Story Tower in Korea A consortium of developers has broken ground on the 151-story Incheon Tower, which is poised to become the world’s second tallest building, reports GlobeSt.com. The mixed-use structure will be part of the $35 billion Songdo International Business District now going up in Incheon, South Korea, near Seoul. Once it reaches total build out, the Songdo district will have a total of 100 million sq. ft. (9.2 million sq. m.) and be home to approximately 65,000 residents. Completion of the Incheon Tower is slated for 2014. Tampa Electric Completes Second Phase of Clean Coal-Fired Power Plant Tampa Electric has completed the second phase of the installation of pollutioncontrolling equipment at its Big Bend Power Station, according to the Tampa Bay Business Journal. The new selective catalytic reduction equipment is designed to further reduce nitrogen oxide emissions at the plant. The $330 million project will make the Big Bend Power Station one of the cleanest coal-fired power stations in the nation, according to Tampa Electric. When completed in 2010, the project will reduce nitrogen oxide emissions at Big Bend by about 90 percent from 1998 levels. The project is part of a 10-year, $1.2 billion Tampa Electric program to dramatically reduce overall emissions from the company’s power plants. Mississauga Receives $25 Million Additional Infrastructure Funding At the Association of Ontario Municipalities (AMO) Conference in Canada, Premier Dalton McGuinty announced an additional $1.1 billion in municipal infrastructure with $25 million earmarked for the City of Mississauga. Mississauga is Canada’s sixth largest city with a population of more than 700,000. With well-established infrastructure and state of the art facilities, the City is considered to be an employer of choice, delivering quality municipal programs and services Orange UK To Open 60 New Stores Orange UK is set to open around 60 new retail stores this year and into next, including sites in Southampton and White City in London, according to Cellular News. The additional locations, which build on Orange’s existing 338 outlets, have been chosen to increase Orange’s accessibility nationwide. The company’s goal is for the majority of the British population to be within reasonable travel distance of an Orange store. 2 0 0 8 TH E LE ADE R 88 NOVEMBER / DECEMBER http://www.GlobeSt.com

Table of Contents Feed for the Digital Edition of The Leader - November/December 2008

The Leader - November/December 2008 Leadership Contents Message from the CEO Real Estate in the News Leveraging Business Geography My Work @ Bank of America Blending the Old with the New A Tool for Growth Creating Real Estate Value Nokia-Siemens Networks’ Peter Doran DTZ’s James Maddock Annual Economic Development Directory The Georgia Report Location Profile: Magdeburg, Germany Linking Corporate Real Estate to the Enterprise 3rd Quarter 2008 Adding Value in Challenging Times Australia and New York Shell’s Paul Huston Economic Development in the News A Look Ahead In our Next Issue Calendar of Seminars Index of Advertisers Chapter Learning: The Global Perspective

The Leader - November/December 2008

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