IBJNews

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

Back to TopCommentsE-mailPrintBookmark and Share

A federal agency has awarded two Indiana manufacturers more than $15 million in tax credits intended to boost their production of clean energy equipment.

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

Delphi Automotive Systems is getting $10.6 million in tax credits  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.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
ADVERTISEMENT