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ZINC8 ENERGY RECEIVES 10-MILLION-DOLLAR BOND FROM ULSTER COUNTY INDUSTRIAL DEVELOPMENT AGENCY

Zinc8 Energy CEO Ron Macdonald joined Steve Darling from Proactive to share news the company has received a 10-million-dollar influx of cash in the form of a tax-exempt revenue bonds. Macdonald telling Proactive is provided to companies to advance the job opportunities, general prosperity, and long-term economic vitality of Ulster County residents by utilizing tax incentives, municipal bonds and other forms of financial assistance. This money is expected to be used for assembly and manufacturing of the Zinc-air Energy Storage systems.