Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Associated Press July 12, 2010, 5:30PM ET

Fayetteville, Ark., firm gets $3.9M federal grant

The federal Energy Department says a Fayetteville company has been awarded a $3.9 million stimulus grant for research into developing a high-capacity, high-speed charger for hybrid-car electric batteries.

The grant for Arkansas Power Electronics International Inc. was announced Monday by Energy Secretary Steven Chu, along with U.S. Sens. Mark Pryor and Blanche Lincoln, both Arkansas Democrats.

"Arkansas continues to make its mark as a national leader in the production of new energy technologies," Lincoln said.

Pryor welcomed the grant as part of the nation's efforts to foster clean-energy technology.

"Awards like these help rebuild America's economy, put the U.S. back in the lead for innovation, and bring us one step closer to meeting our energy challenges," he said.


BW Mall - Sponsored Links

Buy a link now!