TALLAHASSEE, Fla. (AP) _ Bing Energy Inc. is moving from Chino, Calif., to Tallahassee, where it'll make low-cost, high-efficiency fuel cells using technology developed at Florida State University.
Gov. Rick Scott was on hand Thursday to welcome Bing officials and the 224 jobs they expect to create.
Bing will collaborate with Florida State's Jim P. Zheng who developed the technology. It's based on research Florida State's High-performance Materials Institute has done on carbon nanotube “buckypaper.''
It's lighter but stronger than steel and conducts electricity like copper or silicon.
The governor's office sweetened the pot for Bing by awarding the company a $1.9 million tax refund.
Scott's pledged to create 700,000 new jobs in seven years.