Category Archives: News

Amarillo City Council approves tax incentives to incentivize $2.5 billion in investment

Amarillo Economic Development Corporation President Kevin Carter speaks to the crowd at the “State of the Economy” event in this file photo. Carter spoke about the centralized location of Amarillo along Interstate 40, which makes it ideal for two major business prospects discussed at Tuesday’s Amarillo City Council meeting. The Amarillo City Council on Tuesday unanimously approved five economic development-related incentives toward two major business investments for the Amarillo area for Producer Owned Beef, … Continue reading

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Biden’s plan to rev up the electric car market is complicated by battery supplies

President Biden’s ambitious plan to jump-start the U.S. electric vehicle market faces a roadblock: a weak supply chain that is making it difficult for American automakers to get enough batteries to scale up production. And that shortage could get worse, depending on whether Biden intervenes this week in a dispute between two top South Korean manufacturers over moves by one to open a battery plant in Georgia to serve the U.S. market. Hanging in … Continue reading

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