WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) today announced that $3 million was awarded to Kent Displays, Inc. for new manufacturing research and development in Portage County. The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) funds will bolster advanced technology manufacturing throughout Ohio.
“Ohio is a known leader in manufacturing. We’re building on that legacy by making new investments in advanced manufacturing research which will help to create jobs,” said Brown. “These funds will help Ohio’s small businesses and manufacturers compete with anyone.”
Kent Displays, Inc. will use the funds to develop new processes for efficient, “roll-to-roll” manufacturing of flexible, reflective displays for high-volume plastic products. The Ohio company is developing digital paper and LCD screen display technology.
Kent Displays, along with other area businesses, are working to position the region as a hub for LCD technology.
The NIST Technology Innovation Program supports high-risk research in 21st century technologies that address critical national needs. The merit-based, competitive program provides cost-shared funding for research projects by single small-sized or medium-sized businesses or by joint ventures that also may include institutions of higher education, nonprofit research organizations and national laboratories.
The project was selected from 110 proposals in the “Manufacturing and Biomanufacturing: Materials Advances and Critical Processes” competition announced last April.
Sen. Brown proposed an amendment to the tax package that would provide $2.5 billion in tax credits to encourage clean energy manufacturing. The Advanced Energy Manufacturing Tax Credit (48C) would provide a 30 percent credit for domestic companies for investments in new, expanded, or re-equipment clean energy manufacturing projects.
As Chairman of the Senate Banking Subcommittee on Economic Policy, Brown has introduced critical pieces of legislation to help manufacturers retool for the clean energy industry and to promote more domestic manufacturing of clean energy technology.