Brown Announces Effort to Bolster Ohio Clean Energy Manufacturing

Senator Announces Plans to Expand Tax Credit and Prevent Federal Funds from Being Used to Create Jobs Overseas

COLUMBUS, OH – A tax credit passed through the Recovery Act has already provided $125 million to help Ohio manufacturers produce clean energy technologies, but funding for this program is set to expire. U.S. Sen. Sherrod Brown (D-OH) joined the top executives of seven Ohio companies that have collectively received $125 million in funds through the Advanced Energy Manufacturing Tax Credit to announce an effort to expand the program. Brown’s plan is aimed at creating more clean energy jobs in Ohio and preventing funds from being used to create jobs overseas.

“Manufacturing means jobs and clean energy represents the future of American manufacturing,” Brown said. “Ohio already has a skilled workforce and a rich manufacturing heritage. By expanding the Advanced Energy Manufacturing Tax Credit program, we will help create new jobs and make Ohio the Silicon Valley of Clean Energy Manufacturing.”

Brown fought to pass $2.3 billion in the Recovery Act for the Advanced Energy Manufacturing Facility Investment Tax Credit. This program provides investment tax credits – that fund up to 30 percent of a project’s costs – to support the development of facilities that manufacture clean energy technology. In January, seven Ohio companies received a total of nearly $125 million in funds through this program – which is expected to create thousands of jobs across the state. Brown announced plans to expand the program to $5 billion and prevent any funds from being used to create jobs overseas. Brown is writing to Energy Secretary Steven Chu and Treasury Secretary Tim Geithner today urging them to expand the program to $5 billion and to maximize domestic job creation.

Recently described as "Congress' leading proponent of American manufacturing,” Brown is working to position Ohio as the Silicon Valley of Clean Energy Manufacturing. Ohio ranks first in the country for clean energy jobs created through the Recovery Act and ranks fourth in the nation for potential job creation through the clean energy industry. Within the last three years, Ohio has attracted more than $74 million in clean energy venture capital.

Brown has been leading the fight in Congress to promote the competitiveness of U.S. manufacturing and to create new jobs through the clean energy industry. He is the author of the Investments for Manufacturing Progress and Clean Technology (IMPACT) Act, which would establish a $30 billion Manufacturing Revolving Loan Fund to help small and mid-d manufacturers transition to the clean energy economy through retooling. The bill would also expand the Manufacturing Extension Partnership (MEP) in order to help manufacturers access new export markets. The bill is estimated to have the potential to generate more than $100 billion in revenue for clean energy businesses and create 680,000 direct manufacturing jobs and nearly two million indirect jobs nationwide over five years.


Company

Town

Amount

Description

AcuTemp

Dayton

$900,000

Acutemp will purchase equipment for a six-fold increase in manufacturing of panels used in high-efficiency Energy Star appliances.

Cardinal Fastener & Specialty Co

Bedford

$480,000

Cardinal Fastener & Specialty will manufacture hot-forged, critical fasteners used in wind turbines.

E.I. du Pont de Nemours and Co.

Circleville

$50,730,000

Dupont will expand production of high-performance polyvinyl films, part of the critical backsheet component of solar panels.

First Solar, Inc.

Perrysburg

$16,320,000

First Solar will expand its manufacturing facility to produce fully completed thin-film solar modules, which converts sunlight to electricity more efficiently than traditional materials.

General Electric Lighting, Inc

Bucyrus

$19,831,680

GE will re-equip a lamp plant to manufacture energy-conserving T8 and T5 linear fluorescent lamps. 

The Dow Chemical Company

Findlay

$2,220,000

Dow's plant will produce special coatings for use in solar cell manufacture.

Xunlight Corporation

Toledo

$34,500,000

Xunlight's first product is a lightweight photovoltaic solar energy cell, which is thin and flexible enough to be rolled for shipping and is designed for easy application on rooftops.

 


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