Indiana News

Two Indiana plants get $15M in clean-energy credit

KOKOMO, Ind.(AP): A federal agency has awarded two Indiana manufacturers more than $15 million in tax credits intended to boost their production of clean energy equipment.

Delphi Automotive Systems is getting $10.6 million in tax credits from the U.S. Department of Energy for upgrades that will help its Kokomo Power Electronics plant remain competitive in the electric vehicle market by cutting production and engineering costs.

Delphi plans to invest more than $35 million through 2017 at the Kokomo factory as part of the project that's expected to create more than 150 new jobs.

Heating and air conditioning maker Carrier Corp.'s Indianapolis plant is getting about $5 million in tax credits to boost production of a condensing gas furnace product line that includes the most energy efficient gas furnaces on the market.

Related posts

WOWO Exclusive – Senator Jim Banks on Iran and Gas Prices – Fort Wayne’s Morning News

Brian Ford

Police Look Into String of South Bend-Area Church Burglaries

Tom Franklin

Marilyn Hissong appointed EACS Superintendent

Brooklyne Beatty