Production Tax Credits Unleash Tidal Wave of Investment in Manufacturing

The manufacturing incentives tucked into the Inflation Reduction Act have unleashed a tidal wave of investment in U.S. manufacturing unlike any we have seen in decades. According to CPA calculations, and our calculations are a work in progress, so far $22 billion of investment dollars have been promised for U.S. manufacturing operations, and these new facilities will employ some 15,000 people. Those totals are likely to be revised upwards as many projects have yet to be announced and will likely lead to thousands more jobs and billions more dollars.

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