© 2024 Innovation Trail

28 governors lobby Obama to renew wind energy tax credit

Welcome to the Friday Innovation Trail Mix.

Governor Cuomo hasannounced a trio of commissions in the wake of Hurricane Sandy.

Energy

AP reports that a solid quorum of the country's governors have been lobbying the president to extend the production tax credit for the wind energy industry, due to expire at the end of the year. (Business Week)

Business

ITT Corporation, an industrial pump manufacturer based at Seneca Falls on the Finger Lakes, announced a major expansion in operation.

As we reported yesterday, the Empire State Development agency approved a range of grants for the state yesterday with a focus on biotech, fiber optic expansion and infrastructure.

Manufacturing activity in New York state declined for the fourth straight month in a row, says Reuters.