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There's been a significant rise in Spanish investment in the US following the shift in Latin American government in recent years.

Just to name a few, Gamesa Eolica, S.A. just built a factory to manufacture wind turbine parts in Pennsylvania, and in my hometown a Spanish transmission manufacturer from Navarra has plans to build an American plant.  

I think that there's a huge degree of ignorance about the level of Spanish investment abroad in the American economic development community, which has been almost exclusively focused on Asian investment.  I've acutally thought of writing to the newly elected mayor in my home town to point out that there's been little effort to attract Spanish investment and that the industrial mix in Spain is very similiar to the industries in the city.  With talk that SEAT may be planning a US expansion, I think that whoever snags that assembly plant would get thousands more jobs in feeder industries.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Thu Nov 22nd, 2007 at 11:01:38 AM EST
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Iberdrola has also been buying US energy generation companies. And they intend to bundle them with their Scottish Power holding and spin it off as a separate renewable energy company.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Thu Nov 22nd, 2007 at 11:05:18 AM EST
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Looking at it from this side of the Atlantic, it seems like now's the time for cities trying to develop industry to seek out Spanish investment.  The problem is that everyone focuses in on Japanese investment, because that's the holy grail.  

The idea that maybe it's better to run away from the crowd and look for investment from other sources, than get involved in bidding wars offering ever increasing tax abatements and incentives is beyond the economic development community.

That's interesting to here about Iberdrola. Spain's been blessed with hydro power, and they've built a great deal around wind energy.

I've always though that it would be a good idea to build up wind energy through the creation of cooperative companies based around farmer's organization (National Farmer's Union, Farm Bureau, etc.) to site turbines, and share the profits. Not to mention that plug in tractors seem like a damn good idea.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Thu Nov 22nd, 2007 at 12:02:25 PM EST
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Not to mention that plug in tractors seem like a damn good idea.

haha, bingo!

doubledamnplusgood-

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Thu Nov 22nd, 2007 at 03:08:06 PM EST
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There are emergency plans to redirect gasoline from the automotive market to secure supplies for farmers in the event of an interruption of gasoline supplies.

Agriculture is so mechanized at this point, that a serious cut in gasoline supplies could make it impossible for farmers to plant and bring in their crops. We're talking about a situation in which their could be an absolute shortage of food where even with rationing there isn't enough to both maintain exports and feed the US population.  

Electric tractors seem like a no brainer.  You have no distribution network issues, because you don't have to worry about finding a station to plug in at. And while you're at it you can switch over rural households to electric heat so you can preserve natural gas production for use in making fertilizer.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Thu Nov 22nd, 2007 at 03:37:19 PM EST
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Agriculture is so mechanized at this point, that a serious cut in gasoline supplies could make it impossible for farmers to plant and bring in their crops

Change that "could" to "absolutely would".

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Nov 22nd, 2007 at 05:32:35 PM EST
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