Secretary of State Hillary Clinton praised the number of "green jobs" created in Brazil today, thanks to a major partnership with Brazilian windmill blade manufacturing company Tecsis and General Electric.
"Today, Tecsis is a leader in the U.S. market. It exports more than half its blades to the United States," Clinton said in a speech at the U.S. Chamber of Commerce this morning.
According to Clinton, "Eighty percent" of the raw material the company uses to make the blades actually comes from the United States creating "more than 5,000" green jobs in Brazil.
Clinton additionally highlighted the 150 jobs created by a Tecsis subsidiary company in Houston. "This kind of partnership – call it cross-pollination, if you will – is increasingly achievable, and we want to see more of this," Clinton added.
President Obama also highlighted the "clean energy" partnership with Latin America today as he issued a statement proclaiming "Pan American Day."
"From the shores of Canada to the cliffs of Cape Horn, our hopes are bound together -- to create greater social and economic opportunity for all, to ensure safety for our citizens, to build strong and accountable democratic institutions, to secure a clean energy future," Obama said.
A Congressional Research Service report warned in September 2011 that the "potentially large Brazilian market" might limit United States exports of windmill manufacturing to Central and South America.
The report also noted that, "Brazil and Mexico led in blade imports (to the United States) in 2010, thanks to shipments from Tecsis in Brazil and VienTek in Mexico."
According to a Brazilian wind business report, Tecsis was rescued in June 2011 by an investor group injecting an additional $460 million into the company. The company was reportedly close to collapse after losing $250 million slashing its workforce from 6,000 to 2,500 in two years.