Tax credits boost local manufacturer's hiring

Dayton Daily News

MORAINE — AcuTemp Thermal Systems, a local producer of insulated shipping products, made 50 temporary employees permanent and plans to bring on 50 more thanks to $900,000 in federal tax credits for clean energy supply chain companies, its chief executive said Monday.

Brian Kohr, AcuTemp CEO and president, said the credits also helped the company invest $3 million in new equipment for its 2900 Dryden Road plant.

Chris Meyer, co-founder of AcuTemp and vice president, energy programs for the Dayton Development Coalition, said the company was the only one in the Dayton area — and one of only seven in Ohio — to receive the credits, dubbed “48C” or the Advanced Energy Manufacturing Tax Credit.

It’s that kind of credit that helps companies find a foothold to advance clean energy technologies, said Meyer, who started AcuTemp more than 20 years ago with his father, Keith.

“There are more opportunities,” Meyer said.

U.S. Sen. Sherrod Brown said he wants to make sure there will be. The senator said Monday he has introduced a bill to expand 48C funds, from $2 billion to $5 billion.

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