Word: biotech
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...said. Some residents, including Terrence F. Smith, the director of government affairs for the Cambridge Chamber of Commerce, said that thanks to the taxes paid by the biotechnology firms, Cambridge is able to provide extensive programs for its low-income residents while maintaining relatively low property taxes. In September, biotech lab developer Alexandria Real Estate, Inc. applied for a zoning change that would allow it to construct buildings taller than those currently allowed under East Cambridge zoning rules. Some residents said they believed the meeting was called to facilitate Alexandria’s plans for development. But City Manager Robert...
...ongoing effort to maintain its status as a world-class hub of scientific research while stimulating the local economy and offering economic opportunities during the current financial crisis, proponents say. “It seems like a natural progression that will add to the breadth and scope of biotech here in Cambridge,” Mayor E. Denise Simmons said of the project. Simmons said the labs will benefit the city by attracting more people with highly specialized talents and employing many more. She said she will ask the company to reach out to Cambridge when looking for employees...
...Every year, 25 to 30 low-income people get jobs in entry-level biotech, and their income goes up an average of $10,000,” said Alice K. Wolf, a state representative for Cambridge and the chief sponsor for the Biomedical Careers Training program. “It’s a wonderful program and I’m very distressed about [the cuts...
...same time, the investment-friendly biotech industry is blossoming with the official opening on Monday of the North Carolina Research Center in Kannapolis, just 30 minutes from downtown Charlotte. The public-private partnership is the vision of David Murdock, the billionaire owner of Dole Food Company and Castle & Cooke. Estimates are that eventually the campus will create 5,500 biotech jobs locally and 37,000 related jobs across the region. More than symbolic, the NCRC stands on the grounds of a former textile mill, Pillowtex, which closed in 2003 with a loss of nearly 5,000 jobs...
...writes in his book, is the creation of green-collar jobs that provide working-class employment, shield America from rising fossil fuel prices and stem carbon emissions. These are not the high-tech, high-education "George Jetson" jobs, as Jones puts it, that were created by the Internet and biotech booms. Green-collar jobs include manufacturing solar panels, insulating green homes, servicing wind turbines. These are jobs that can be filled by blue-collar workers who need jobs - and they help the environment to boot. "You can put the country back to work with green solutions that are good...