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     117  0 Kommentare Eaton Awarded $26.6M in Federal Tax Credits Supporting U.S. Manufacturing and Workforce Training Programs Advancing Clean Energy Projects - Seite 2

    Eaton secures $9M tax credit to expand manufacturing in El Paso, Texas

    In El Paso, Eaton is investing $80 million to significantly expand its manufacturing footprint to increase production of its circuit breakers, switchboards, panelboards and other assemblies. The company is opening a new facility, creating more than 600 new skilled manufacturing jobs and increasing capacity at its existing manufacturing plant. Eaton is also working closely with Western Technical College to prepare students for careers in the clean energy manufacturing industry.

    "El Paso is an ideal place for manufacturing investments and companies that are leaders in innovation," said Congresswoman Veronica Escobar. "Between an attractive market and a dedicated workforce, I'm thrilled that the Department of Energy and IRS are investing in our community. With funds made possible by the Inflation Reduction Act and the continued commitment of companies like Eaton, our country's potential for clean energy only continues to grow."

    Eaton gains $1.3M tax credit for investments in Waukesha, Wisconsin, manufacturing

    At the company’s largest Wisconsin manufacturing facility in Waukesha, Eaton is investing $22 million in equipment to increase manufacturing capacity of three-phase transformers for utility, data center, large commercial and industrial applications. Eaton is working closely with Waukesha County Technical College (WCTC) on curriculum and has constructed a dedicated training center where students can gain direct experience producing critical grid modernization solutions.

    “In Wisconsin, we make things. We make cheese, we make ships, we make paper, and now, we are making what is needed to power the clean energy future,” said Senator Tammy Baldwin (D-WI). “I was proud to vote for the Inflation Reduction Act and make investments like this that will create more family-supporting jobs and strengthen the pipeline of workers that will build the next chapter of Made in Wisconsin manufacturing.”

    “Waukesha County Technical College is fortunate to have an incredibly collaborative industry partnership with Eaton that is only getting stronger,” said Rich Barnhouse, Ph.D., president of WCTC. “Eaton is a steadfast supporter of technical education, and by working in tandem, we are able to develop and implement programs and trainings that lead to workforce solutions in our region, therefore lessening the skills gap.”

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    Eaton Awarded $26.6M in Federal Tax Credits Supporting U.S. Manufacturing and Workforce Training Programs Advancing Clean Energy Projects - Seite 2 Intelligent power management company Eaton was awarded more than $26.6 million in investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C) funded by the Inflation Reduction Act. …

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