Friday, January 15, 2010

Bucks' Gamesa Receives Tax Credits

From the inbox:

Today, Pennsylvania Congressman Patrick Murphy (D-8th District) joined green energy entrepreneurs and employees at Gamesa USA’s Fairless Hills facility to announce over $2 million in tax credits for the creation of green energy jobs in Bucks County. The tax credits were awarded as part of the American Recovery and Reinvestment Act, and will allow Gamesa, the world’s third largest producer of wind turbines, to continue to create green jobs in the 8th District while developing cutting-edge wind turbine generator technology. Congressman Murphy has been a tireless advocate for the development of clean energy technologies in Bucks County , arguing that green technology rebuilds our economy, creates jobs, and reduces our dependence on foreign oil.

The program, administered by the U.S. Department of Energy, provides a 30 percent tax credit for investments in 183 manufacturing facilities for clean energy products across 43 states across the country. The credits encourage investment in clean technologies that will decrease our dependence on foreign oil, strengthen our national security, and create good-paying jobs. With these $2 million in tax credits, Gamesa can expand their manufacturing technology to develop the next generation of cutting-edge wind turbine generators, meeting the need for clean energy products with parts and equipment made in the U.S.A.

“Congressman Murphy has been a tireless advocate for Gamesa in southeastern Pennsylvania ,” said Michael Peck, Director of External Affairs for Gamesa USA . “He has been a leader in the fight for green energy and green jobs, and he has worked to secure funding for the development and deployment of renewable energy. Locally, he understands how hard the loss of manufacturing jobs hit his district, and he sees the manufacturing resurgence that can be realized by companies like Gamesa. We look forward to continuing our partnership with Congressman Murphy to grow new opportunities in the emerging green economy.”

“Gamesa USA has been an outstanding example of a company bringing good-paying green jobs to Bucks County , and I’ve been proud to fight for funding that will enable them to create even more jobs,” said Rep. Patrick Murphy.

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