McKinstry to Build Innovation Center for Emerging Clean Energy Technology Companies

Fri Oct 30, 2009 2:56pm EDT
 
[-] Text [+]
Executives Announce Incubator Initiative at the Greater Seattle Chamber of
Commerce`s Regional Leadership Conference in Cle Elum
SEATTLE--(Business Wire)--
McKinstry, one of the nation`s leading energy efficiency companies, announced
today, at the Greater Seattle Chamber of Commerce`s Regional Leadership
Conference in Cle Elum that it is developing the McKinstry Innovation Center,
which will bring new and emerging companies together to foster the advancement
of clean, green energy technologies. 

The 24,000-square-foot neo-industrial offices are slated for completion in
spring 2010 and will be located at the McKinstry headquarters in Seattle`s
Georgetown neighborhood. NBBJ is the McKinstry Innovation Center architect. 

In making the announcement, David Allen, McKinstry Executive Vice President,
said, "The opportunities before us are significant. There is great demand for
new green energy efficient technologies. Companies who are developing these now
have a place to collaborate and gain the momentum they need to propel this
industry forward." 

"We are on the forefront of creating some of the most innovative solutions to
eliminate energy waste in the built environment," said Dean Allen, CEO of
McKinstry. "Now with the Innovation Center we will have the opportunity to
quickly advance new technologies that are working toward that goal, as well as
partnering with innovative entrepreneurs to bring new technologies to market." 

The McKinstry Innovation Center will provide emerging companies the opportunity
to have access to the brain trust at McKinstry and synergy between the other
companies that will be working alongside of them in the center. 

McKinstry has a 50-year history of designing, building, operating and
maintaining advanced mechanical, electrical, data and plumbing systems that
deliver, monitor and regulate energy use. Visited by President Obama last year
for a tour of its cutting edge operations, the firm continues to participate in
advancing cleaner energy solutions. 

A recent study conducted for the U.S. Department of Commerce Economic
Development Administration (EDA) by Grant Thornton found that business
incubators are the most effective means of creating jobs - more effective than
roads and bridges, industrial parks, commercial buildings, and sewer and water
projects. According to the study, EDA investments produce an average of 2.2 to
5.0 jobs per $10,000 in federal spending for a federal cost per job of $2,001 to
$4,611. 

"Seattle and the Puget Sound region have an edge in clean energy and technology
because of innovative companies like McKinstry," said Phil Bussey, Greater
Seattle Chamber President & CEO. "Development of the McKinstry Innovation Center
will not only advance our position, but it will also fuel economic development
and job creation, now and for years to come." 

The Greater Seattle Chamber of Commerce`s Regional Leadership Conference
assembled the region`s preeminent business and thought-leaders for discussions
on how the Seattle and the Puget Sound region can expand the clean energy sector
to fuel job growth. Co-chaired by David Allen of McKinstry and Tayloe Washburn
of Foster Pepper, the conference participants looked at five areas where the
Puget Sound region is uniquely positioned including: sustainable biofuels, wind
manufacturing, solar energy, energy efficiency and smart grid technology. 

"As one of the area`s leading green job employers in the region we are committed
to supporting and expanding this new green economy," said David Allen. "The
Innovation Center provides the opportunity for these companies to come to market
quickly and begin revolutionizing the industry." 

About McKinstry

McKinstry is a full-service, design-build-operate-and-maintain (DBOM) firm
specializing in consulting, construction, energy and facility services. Our
innovative, integrated delivery methodology provides clients with a single point
of accountability that drives waste, cost, time, and redundancy out of the
design/build process. We employ over 1,600 professional staff and trades people
throughout the Pacific Northwest, Rocky Mountains, West, Midwest, and Southwest
regions of the United States with operations in more than 15 states. McKinstry
advocates collaborative and sustainable solutions designed to ensure occupant
comfort, improve systems efficiency, reduce facility operational costs, and
ultimately optimize profitability for "The Life of Your Building."

For more information, visit www.mckinstry.com.

McKinstry
Corporate Communications Director
Genevieve Guinn, 206-832-8420
GenG@mckinstry.com
or
Frause
Nicole Phelan, 206-352-6402
nphelan@frause.com



Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video