U.S.-based manufacturers of crucial solar-energy components are getting a much-needed boost from Uncle Sam. Projects to develop solar ingots and wafers now qualify for a 25% tax credit under a new rule from the U.S. Department of the Treasury, which extends the reach of the 2022 U.S. CHIPS Act from semiconductors to solar technology.
U.S. manufacturers reported a drop in expected capital expenditures, based on the latest outlook survey by the National Association of Manufacturers (NAM), and respondents said looming tax increases will further threaten capital investment.
Despite lots of press lamenting its environmental drawbacks, plastic seems here to stay. It is used in everything from packaging to doors and windows. Industrial Info is tracking more than $3.7 billion worth of active projects at U.S. plastic products plants, which include everything from medical supplies to outdoor furniture.
Industrial Info is pleased to be presenting a complimentary webinar regarding to the market outlook for the global Pharmaceutical & Biotech Industry on Wednesday, November 20, at 10 a.m. CST (11 a.m. EST).
