Coleman Cable, Inc. (Nasdaq:CCIX) announced fourth-quarter and full-year 2010 financial results. Adjusted Earnings Per Share (Adjusted EPS) increased to $0.69 per diluted share versus $0.07 last year; Sales increased to $703.8 million, up 39.6 percent compared to 2009, with sales volume (measured in total pounds shipped) growth of 16.7 percent over last year. Adjusted EPS of $0.12 per diluted share, a 20.0 percent increase versus $0.10 last year; Sales increased to $186.2 million, up 32.9 percent compared to the fourth quarter of last year, with sales volume growth of 12.6 percent over last year.
Coleman Cable, Inc. engages in the design, development, manufacture, and supply of electrical wire and cable products for consumer, commercial, and industrial applications in the United States and Canada.
Cleantech Transit Inc. ("Cleantech") (OTCBB:CLNO) has announced freshly that funding to be provided to Phoenix Energy for the commercialization of a 500 Kilowatt biomass gasification plant should be eligible to apply for a renewable energy cash back incentive program offered by the U.S. Federal Government. If it concludes its planned investment in Phoenix Energy, under Section 1603 of the American Reinvestment and Recovery Act, Cleantech Transit will be entitled to receive its pro-rata share of 30% cash grant payments. Once the final interconnect process and application are complete the grant should be received within 60 days. The 5-year grant vesting period, means all parties must remain owner of record for that length of time, underscoring Cleantech and its partners' commitment to this project and the host community.
As you know this, Biomass is biological material from living, or recently living organisms, such as wood, waste, (hydrogen) gas, and alcohol fuels.
Biomass is commonly plant matter grown to generate electricity or produce heat. In this sense, living biomass can also be included, as plants can also generate electricity while still alive.
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