Coshocton Companies Could Retool Under Brown Plan

Coshocton Tribune

COSHOCTON - Several local companies impacted by the country's and region's economic slump could receive help in retooling to support clean energy industries.

U.S. Sen. Sherrod Brown has proposed the Investments for Manufacturing Progress and Clean Technology (IMPACT) Act of 2009, which would establish a two-year, $30 billion revolving loan fund to assist small and medium-sized manufacturers switching from auto component or related production and those which could be significantly impacted by climate change legislation.

The bill, which has one co-sponsor thus far in Sen. Debbie Stabenow of Michigan, would also help the federal-state Manufacturing Extension Partnership (MEP) provide further assistance to manufacturers over the next five years.

To read the rest of this article, please click the source link above

Coshocton Companies Could Retool Under Brown Plan »