Senators Introduce “Offshore Wind American Manufacturing Act” Tax Credits
Sen. Ed Markey and three cosponsors introduced a bill creating investment and production tax credits for offshore wind parts and vessels made in the USA.
MADE IN USA NEWS
Sen. Ed Markey and three cosponsors introduced a bill creating investment and production tax credits for offshore wind parts and vessels made in the USA.
A proposed rule would raise the USA content needed for federal purchases from 55% to 60% now, 65% in 2024 and 75% in 2029.
Garwood, New Jersey-based Pen Company of America bought Garland Writing Instruments and Ben-Art Manufacturing and will move both to its New Jersey plant.
Norris Cylinder, the only USA maker of forged steel high-pressure and acetylene cylinders, builds in Longview, Texas, and Huntsville, Alabama.
Volvo Cars will invest $118 million in its Ridgeville, South Carolina, plant to build the Polestar 3 electric SUV for USA buyers.
Eastern Acoustic Works now assembles its MKD installation loudspeakers at its Whitinsville, Massachusetts, headquarters.
Southwire’s Huntersville, North Carolina, plant will make more than 32 miles of high-voltage cable for Vineyard Wind 1.
Jabil and subsidiary NP Medical say FDA-cleared three-ply surgical masks made in Memphis are ready for large orders.
A $200 million upgrade will make Nexans’ Charleston, South Carolina, factory the only North American plant making high-voltage subsea cables.
The ID.4 will be the first EV from a foreign automaker built in the USA, with Chattanooga production planned for 2022.