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Bill Luttrell

Senior Locations Strategist, Werner Global Logistics, Werner Enterprises
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Christine Bustamante

National Co-Leader, Global Location and Expansion Services, State and Local Tax, KPMG LLP
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Senior Economist, Moody's Analytics
Dean J. Uminski, CEcD

Principal, Crowe Horwath
Dennis Cuneo

Managing Partner , Fisher & Phillips
Eric Stavriotis

Senior Vice President, CBRE, Inc.
Gregory Burkart

Managing Director and Practice Leader, Site Selection & Business Incentive Advisory Services, Duff & Phelps, LLC
Jamie Lominack

Corporate Real Estate Manager, Michelin North America
John Morris

SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc.
Josh Bays

Principal, Site Selection Group, LLC
Les Cranmer

Senior Managing Director, Savills Studley
Marc Beauchamp

Vice President & Partner, The CAI Global Group
Michael McDermott

Consulting Manager, Global Business Consulting, Cushman & Wakefield
Minah Hall

Managing Director, True Partners Consulting LLC
Scott Kupperman

Founder, Kupperman Location Solutions
Scott Redabaugh

Managing Director, JLL
Stephen Gray

CEO, Gray Construction
Thomas J. Stringer, Esq.

Managing Director & Practice Leader, Site Selection and Business Incentives Group, BDO USA
Tim Feemster

Managing Principal, Foremost Quality Logistics

The Recovery Act: Transforming the American Economy Through Innovation

The American Recovery and Reinvestment Act is modernizing transportation, investing in wind and solar energies, and putting funds in broadband connectivity.

Offices of the President and Vice President of the United States

8/25/2010

The American Recovery and Reinvestment Act is one of the single largest investments in the U.S. economy in the country's history. The act's $787 billion of funding aims to improve a number of sectors, including transportation, clean energy, and information and communications technology.

The act's three-fold approach - to rescue the economy, to put the country on a path to recovery, and to reinvest in the country's long-term economic future - is already stimulating the economy. This August report from the Offices of the President and Vice President provides an update on the progress of recovery.

The act's transportation investments focus on renewables. The government has invested more than $2 billion in advanced battery and electric drive component manufacturing. In 2009, there were only two advanced vehicle battery plants in the country. By 2012, there will be 30. The Advanced Vehicles Manufacturing program gives another $2.4 billion to Fisker, Nissan, and Tesla to build electric car factories in Delaware, Tennessee, and California, respectively.

Section 1603 grants are boosting wind and solar energy capacity. More than $3 billion in grants have been extended to more than 100 wind projects in 30 states. The program also supports more than 200 megawatts of solar projects that are already delivering power to consumers.

To improve information technologies, the government granted $4.4 billion to the Department of Commerce and $2.5 billion to the Department of Agriculture to improve broadband connectivity in rural areas. Millions of Americans will have improved access to broadband due to those funds.