Posted: Jan 11, 2010 9:17 AM by Associated Press
It's one example of the Obama administration using stimulus money for energy-saving technology and job creation.
The administration is announcing funding today for nine projects aimed at significantly boosting fuel efficiency in heavy trucks and passenger vehicles. More than half of the money is coming from the stimulus package.
The projects are being outlined by Energy Secretary Stephen Chu at a ceremony in Columbus, Ind. It's the headquarters of a company that's getting nearly $40 million for projects including the development of a more efficient and cleaner diesel engine.
According to the administration, the nine recipients are expected to create more than 500 research, engineering and management jobs. Officials say they anticipate 6,000 more positions when the technologies go into production and assembly.