From the Idaho Statesman in December 2010:
"A Chinese national company is interested in developing a 10,000- to 30,000-acre technology zone for industry, retail centers and homes south of the Boise Airport. Officials of the China National Machinery Industry Corp. have broached the idea — based on a concept popular in China today — to city and state leaders. They are also interested in helping build and finance a fertilizer plant near American Falls, an idea company officials returned to Idaho this month to pursue.
This ambitious, long-term proposal would start with a manufacturing and warehouse zone tied to the airport, and could signify a shift in the economic relationship between the two superpowers — a relationship once defined by U.S. companies like the J.R. Simplot Co., Hewlett-Packard and Morrison-Knudsen that would head to China to build and develop.
“I think China’s coming over here shows they are willing to collaborate on the reinvigoration of the American industrial base,” said Jeff Don, CEO of Eagle-based C3, which is acting as an Idaho representative for the Chinese company, called Sinomach for short. Sinomach is just one of an increasing number of companies and investors showing interest in Idaho.
Hoku Materials Inc., a subsidiary of a Chinese energy firm, already has 500 people building its $400 million plant to make polysilicon for solar panels in Pocatello. It expects to begin production in 2011, employing 250 people, said Scott Paul, Hoku’s president and CEO."
MP: This story illustrates several important economic points:
MP: This story illustrates several important economic points:
Post Title
→What Can We Learn from China's Interest in Idaho?
Post URL
→https://manufacturing-holdings.blogspot.com/2011/06/what-can-we-learn-from-china-interest.html
Visit manufacturing-holdings for Daily Updated Wedding Dresses Collection