Small businesses are the engine of our economy, employing half of all workers in America and creating two out of every three new jobs in the U.S. And as this economy recovers and small businesses rebound -- they're helping revive communities across the country.
Deputy Secretary of Energy Daniel Poneman recently visited one of the 28 million small businesses in the U.S. -- a minority-owned business in Detroit that’s doing its part to help the community by employing local residents and attracting leading international scientists and engineers to provide quality products and conduct cutting-edge R&D.
Located in one of the most economically depressed areas in Detroit and Michigan, Diversified Chemical Technologies Inc.’s flagship, African American-owned manufacturing hub encompasses 750,000 square feet of manufacturing plants, research labs and offices. The company is currently working to take advantage of the growing clean and renewable energy economy by expanding “green” chemistry applications to include battery and light military vehicle parts; solar and wind turbine adhesives; and agricultural bio-basedfuel products.
With scientific partnerships, the company also works closely with the next-generation of scientists, engineers and researchers attending several area universities.
While touring the company’s plants, Deputy Secretary Poneman spoke to employees about the work they do, the economic opportunity of the booming clean and renewable energy industry, and the benefit small businesses like this have on the local and national economy.
As part of the Obama Administration's efforts to invest in small businesses and clean energy, Secretary Chu and other senior Energy Department officials are visiting small businesses across the country during National Small Business Week. Stay tuned to hear more about companies like Diversified Chemical Technologies in the days ahead.