Cleantech Manufacturers Have a Large Role in U.S. Job Creation

Even in a weak economy, the cleantech industry is bringing jobs to the U.S. Demand for renewable energy solutions continues to grow and cleantech manufacturers have greater power to create jobs and boost the domestic economy.Renewable Energy World recently reported on how energy innovation helps job creation and detailed the many government, university and other organizations, such as New York State Energy Research and Development Authority (NYSERDA), which are creating programs to invest in cleantech advances.

We don’t win the contest of who pays their workers the least, but the U.S. has an entrepreneurial spirit gifted by innovation, that is equaled by no other country in the world.  Small tech companies like Ioxus,  who win business with great designs, are a key to quality job creation in the U.S. Numerous successful and established companies grew from small start-ups, including many cleantech manufacturers. Additionally, for small and micro-cap companies, the rate of job creation is much greater than that of large corporations.

Ioxus is committed to manufacturing ultracapacitors entirely in the U.S. and helping to keep green jobs here. We moved to the former Soccer Hall of Fame building in Oneonta, NY last July, with the intention of bringing more green jobs into New York. In 2011, Ioxus employed 19 people. Now, we have 52 employees, and this number will continue to grow quickly in the coming months. We’re just one example of the many start-up companies across the U.S. creating jobs in great numbers; all combined, cleantech start-ups have a major impact on economic growth.

(Ioxus employees after the opening of our new manufacturing facility this July)

Green technology is increasingly important for reasons beyond job creation, such as decreasing reliance on fossil fuels. With more focus on the industry it will grow along with the number of available jobs. Ultracapacitor volumes will see 25 to 45 percent compounded annual growth during the next decade, which will inevitably increase the number of jobs created in the industry.

Latest News

  • IOXUS' uSTART® Receives Edison Award for its Engine Enhancement Innovation

    Ioxus, designers and manufacturers of smart power solutions based on its widely used ultracapacitor technology, today announced that it was named a Bronze winner in the Engine Enhancement category of the 2018 Edison Awards. The announcement was made at the Edison Awards Gala in New York City.

    “We are very proud to have received an internationally recognized Edison Award and to be named a winner alongside companies like Mazda Motor Corporation and CFM International, a joint company of GE and Safran Group, for our engine enhancement achievements,” said Mark McGough, CEO and president of Ioxus, Inc. “This award is recognition that uSTART is proving highly reliable and valuable for fleets in the trucking industry. Being recognized with an Edison Award is one of the highest accolades we can receive in the name of innovation.”

    Inspired by Thomas Edison’s persistence and inventiveness, the Edison Awards are judged by a panel of more than 3,000 leading business executives, including past award winners, academics and leaders in the fields of product development, design and engineering. The judges recognize products as true innovations in their category.

    In addition to the Awards Gala, the annual Edison Awards program encompassed a full-day, “Meet the Innovators Forum” and the, “Innovators’ Showcase,” which offered guests a hands-on experience with read more...

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