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Microchip to invest $880M to expand its SiC and Si capacity in Colorado

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Working in conjunction with the Colorado Springs Chamber & Economic Development Corporation, the City of Colorado Springs and El Paso County also announce that Microchip was approved for state and local incentives of approximately $47 million for the expansion.

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

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KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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NIST awards nearly $4M to support metals-based additive manufacturing

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The following organizations will receive NIST Metals-Based Additive Manufacturing Grants Program funding to be spent over two years: Georgia Tech Research Corporation ($1 million). University of Texas at El Paso ($1 million).

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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Other large deals in the market include: 1) the E&P portfolio of El Paso Corporation; 2) EnerVest partnerships seeking another Utica shale JV partner or outright sale via a process anticipated in mid-2012 and; 3) Chesapeake working three JV deals (Williston basin, Mississippian and a third undisclosed area).

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Shell and Kinder Morgan plan to export LNG from the United States

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Shell US Gas & Power LLC (Shell), a subsidiary of Royal Dutch Shell plc, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit of El Paso Pipeline Partners, L.P.

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Sunoco Idles Eagle Point Refinery; Will Evaluate Feasibility of Using it to Produce Alternative Fuels in the Future

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Sunoco purchased the Eagle Point Refinery in January 2004 from El Paso Corporation. Sunoco owns and operates four refineries, including Eagle Point, with a combined crude oil processing capacity of 825,000 barrels per day. The acquisition increased Sunoco’s total refinery processing capacity by 20%.

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NAMII awarding $9M to 15 additive manufacturing projects

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CDI Corporation; Honeywell Aerospace; Pan Computing LLC; Penn State University; United Technologies Research Center; and the University of Louisville). Concurrent Technologies Corporation; General Electric; and Robert C. University of Texas - El Paso (Lockheed Martin; Northrop Grumman Corporation; rp+m, Inc.;