U.S. Wind Power Manufacturers Slowly Get Back to Work With Extension of Production Tax Credit, an Industrial Info News Alert SUGAR LAND, TX -- (Marketwired) -- 05/28/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Companies that manufacture equipment for the U.S. wind power industry are slowly getting back to work, thanks in part to the extension of the federal Production Tax Credit (PTC). The PTC, extended earlier this year, provided a tax credit of 2.2 cents per kilowatt-hour of electricity produced for a period of 10 years, assuming construction of a windfarm begins by the end of 2013. Another factor bringing employees back to factories is state renewable portfolio standards (RPS). Other companies featured: General Electric Company (NYSE:GE), NextEra Energy Incorporated (NYSE:NEE), Berkshire Hathaway (NYSE:BRK-A) For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/news/abstract.jsp?newsitemID=235561&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com. Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page. Contact: Joe Govreau 713-783-5147
U.S. Wind Power Manufacturers Slowly Get Back to Work With Extension of Production Tax Credit, an Industrial Info News Alert
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