Florida Gov. Rick Scott today announced that Bing Energy Inc. of Chino, Calif., has selected Tallahassee as the new site of the company's world headquarters. The company, in collaboration with Professor Jim P. Zheng of The Florida State University, is planning to turn revolutionary nanotechnology pioneered at FSU into a better, faster, more economical and commercially viable fuel cell. The move is expected to create at least 244 jobs paying an average wage of $41,655 in Florida.
"I am proud to welcome Bing Energy and thank them for recognizing that Florida is the best state in the nation," Scott said. "As governor, I am continuing to make it the best place to do business. This is only the beginning. Just as Bing Energy was convinced to bring jobs here, I am talking to companies across the nation. I am letting them know that our reduction in the business tax burden, commitment to job creation, and Florida's world-class work force mean we are open for business."
Bing Energy, a manufacturer of state-of-the-art components for polymer electrolyte membrane fuel cells, will begin production in March 2011 and serve the domestic and international energy markets.
"We know that, with the continuing support of Gov. Scott, the Legislature and the people of Florida, our institutions of higher learning will continue to foster innovation, and jobs will continue to cluster around those innovations," said Florida State University President Eric J. Barron. "The breakthrough research by Drs. Wang and Zheng and the company's decision to come to Florida confirm that the investment made in their work by our state and the federal government has realized its commercial potential. Bing Energy represents the future, and Florida State is proud to be a part of it."
Bing is moving its global headquarters to Tallahassee to work in partnership with Zheng, who has pioneered a fuel cell that incorporates a thin membrane composed of carbon nanotubes, red
|Contact: Jim P. Zheng|
Florida State University