CPA Applauds Baldwin, Colleagues For Urging Biden Administration To Correct Inflation Reduction Act Guidelines That Undercut U.S. Manufacturers
The Senators are calling on the Treasury to correct an error in the current preliminary Guidance for the IRA’s Domestic Content Bonus Credit which would allow tax credits to go…
Why China’s Apparel Makers Are Staging A Big Comeback
Vietnam is the No. 1 importer of fabric from China that is turned into clothing bound for the U.S. and elsewhere. Multinationals and Chinese companies have all set up shop…
CPA Model Shows Manufacturing Tax Credits Boost U.S. Economy By 6.3%, Create 11 Million Jobs
Early signs from U.S. economic data suggest that the Inflation Reduction Act and the CHIPS Act are having a substantial effect on domestic manufacturing. Total construction spending in manufacturing has nearly tripled…
South Dakota beef industry sees potential in small, local meat plants
The local packing plants, they said, will allow more livestock grown in South Dakota to be processed, sold and consumed entirely within the boundaries of the Rushmore State. Local processing…
US Lawmaker Seeks Shein Sanctions Over Use of Banned Cotton
If found to be breaking the law, known as the Uyghur Forced Labor Prevention Act (UFLPA), Shein could be placed on a list of violators and its products would then…
U.S. Solar Manufacturer Suniva Restarts Operations Thanks To Inflation Reduction Act Tax Credits
Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year, in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA),…
Brown visits century-old Ideal Electric Co., lauds Mansfield firm for buying American
Sen. Sherrod Brown, D-Ohio, visited his hometown Friday specifically to tour the Ideal Electric Co., still making and servicing electric motors and generators as the plant did more than a…
Major solar panel plant opens in US amid backdrop of industry worries about low-priced Asian imports
Qcells, a unit of South Korea’s Hanwha Group, said Wednesday that it can now turn out enough solar panels to generate 5.1 gigawatts of power yearly at a two-factory complex…
US Battery Machine Builders Launches to Bolster American-Made Products
Founded by US manufacturers of battery machines and equipment, US Battery Machine Builders (US BMB) unites behind the common goal of strengthening domestic manufacturing capabilities essential for US battery mining,…