Kansas City, Mo. – A company called QM Power has moved its headquarters from Boston, Massachusetts to Kansas City, Missouri.
QM holds patents on technology the company claims can make electric motors and generators many times more efficient than they are today. It's moved into a University of Missouri-Kansas City building on Troost Avenue.
Company CEO P.J. Piper says QM will be hiring about 20 people over the next year.
"It's going to be engineers, scientists, support staff, maybe limited initial production capabilities. Anyone with deep experience is highly valued, and this is really a shout out to the Kansas City community," says Piper.
The move boosts efforts by the city and Congressman Emanuel Cleaver to establish an environmentally friendly "Green Impact Zone" in Kansas City's urban core.