Credit goes to Commerce Dept. for generating investments
Good news came this week out of the U.S. Commerce Department, which says Japan is planning to fund three projects totaling approximately $36 billion in the coming years — one each in Ohio, Texas and Georgia. According to Reuters, this is the first wave of investments in the planned $550 billion reportedly pledged as part of a trade deal with the U.S. The Ohio project is expected to be a $33 billion natural gas-fired power plant in Portsmouth — perhaps the largest ever, according to U.S. Commerce Secretary Howard Lutnick. Reuters reports Lutnick said the plant would have a 9.2 ...