Manufacturers support extension of tax credit.
Press Release Summary:
March 22, 2010 - According to NAM President John Engler, manufacturers are pleased with Vice President Biden's announcement to extend Advanced Energy Manufacturing Tax Credit by additional $5 billion. Program provides 30% tax credit for investments in facilities that manufacture clean energy technologies including wind, solar, batteries, advanced transportation, and advanced energy transmission. Initiative will spur manufacturing investment and has potential to generate thousands of jobs.
Original Press Release
Manufacturers Support Extension of the Advanced Energy Manufacturing Tax Credit
Press release date: March 18, 2010