Business recruitment strategy needs rethinking
Last updated 11/4/2021 at 10:57am
For years, Washington state masked its high business and regulatory costs with low-priced, reliable electricity --- lots of it. However, Tennessee packages low-cost, reliable electricity along with a very favorable business climate to lure new billion dollar auto industry investments.
Today, costs of electricity are more important than ever and investors want CO2-free electricity at their facilities. Hydropower fits that requirement.
As an example, Ford and SKI Innovative just announced an $11.4 billion partnership...