by Jason Cohen China has implemented export limits on two metals utilized in the manufacturing of computer chips and other valuable technological devices, according to an announcement by the country’s Ministry of Commerce on Monday. The export restrictions on gallium, germanium and their corresponding chemical compounds will officially take…
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Governor Glenn Youngkin blocked Virginia from consideration for a battery plant to supply Ford Motor Company amid concerns about the technology supplied by a Chinese company, he told reporters on Wednesday.
In a press gaggle, Youngkin criticized a clean energy push that relied on technology “owned and dominated by the Chinese.”
“Well, we in fact felt that the recent efforts to put forward a Ford plant that would house Chinese technology to build the batteries was in fact representative of that. And that we felt the right thing to do was to not recruit Ford as a front for China to America. Let’s develop our own technology,” Youngkin said after his State of the Commonwealth speech.
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Virginia’s Fiscal Year 2022 General Fund revenues finished with a $1.94 billion surplus, after finishing Fiscal Year 2021 with a $2.6 billion surplus, the largest in Virginia’s history.
“While I am pleased that our additional revenue can be reinvested in Virginia, the Commonwealth’s general fund revenue surplus confirms that Virginians have been overtaxed for way too long,” Governor Glenn Youngkin said in a Thursday evening announcement of the 2022 surplus.
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Governor Glenn Youngkin, Senators Tim Kaine (D-VA) and Mark Warner (D-VA), and Representative Don Beyer (D-VA-08) spoke at a Monday ceremony celebrating Boeing’s relocating its headquarters to Arlington and its partnership with Virginia Tech’s Innovation Campus in Arlington.
Youngkin said that when Boeing announced its move to Virginia in May, “I was particularly proud because when we went to work on January 15, we talked about Virginia being open for business. We talked about Virginia raising standards and expectations and education. We talked about Virginia being the best place for our veterans to live and work and raise a family.”
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Raytheon Technologies is moving its global headquarters to Arlington, Virginia, the company announced Tuesday.
“The location increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry. Washington, D.C. serves as a convenient travel hub for the company’s global customers and employees,” a press release states.
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