Cardinal Solar Technologies (ST) in Spring Green, Wis., a fully owned subsidiary of Cardinal Glass Industries, has been awarded a $7.7 million tax credit under President Obama’s stimulus plan to re-tool its Northfield, Minn., facility. The credit is available upon the facility’s progression from residential door and window coating operations to production of thin film coatings for use in the manufacturing of solar modules.
Andy Jensen, vice president/general manager of Cardinal ST, explains that the process of earning the tax credit began when the company completed and submitted a formal 48C tax credit application in October 2009. The tax credit is part of the Recovery Act, which is focused on building a robust domestic manufacturing capacity to supply clean and renewable energy projects with American made parts and equipment.
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