OFFICE OF THE MAYOR
LLOYD WINNECKE
March 2, 2012 Contact: Debbie Dewey
For Immediate Release 812- 401-4243
Earthcare Energy to Bring 120 Manufacturing Jobs to Evansville
(EVANSVILLE, IN) – Mayor Lloyd Winnecke announces Earthcare Energy, LLC (Earthcare), a new international renewable energy project developer and original equipment manufacturer, has chosen Evansville as the start-up location for manufacture of its unique Total Flow Gas Letdown Generator (TFG). The TFG extracts gas pressure energy from natural gas letdown stations and represents the lowest-cost power generation technology available in the market today. It is a renewable and clean energy source. A working prototype of the unit is in operation today, and immediate demand for the product is proven.
Over the next three years, Earthcare has committed to add more than 100 skilled manufacturing and manufacturing management jobs in Evansville. However, with more than 2 million natural gas letdown stations worldwide, the business growth potential is expected to yield many more orders and therefore has the potential to add many more jobs in Evansville. In addition to jobs at Earthcare, there will be opportunity for other local manufacturers to become component suppliers to Earthcare, adding the potential for even more local jobs.
Earthcare will start-up operations in the Park 41 industrial complex, becoming the newest tenant in this former Whirlpool manufacturing facility. The City of Evansville plans to provide a start-up loan and grant for Earthcare’s Evansville Headquarters. In addition to loan repayment with interest, Evansville will share in Earthcare’s success by receiving a share of profits from TFGs to be installed at a number of gas letdown stations. Vectren will partner with Earthcare Energy to help demonstrate the viability of the technology for other utilities.
This partnership between the City of Evansville, Earthcare Energy, and Vectren is unique and progressive. It brings manufacturing jobs; the opportunity to be the global center for this renewable, clean energy alternative; and a new revenue stream to fund future projects for the City of Evansville.