Firm building Arkansas plant to get $22M stimulus - KAIT Jonesboro, AR - Region 8 News, weather, sports

Firm building Arkansas plant to get $22M stimulus

JONESBORO, Ark. (AP) - The White House says Nordex USA Inc. will get $22 million in tax credits to spur wind manufacturing at its facility under construction at Jonesboro.

President Barack Obama announced the release of some $2.3 billion in clean-energy manufacturing tax credits through the American Recovery and Reinvestment Act.

The president said 183 projects in 43 states are to receive tax credits to help create "tens of thousands of high-quality, clean energy jobs."

Arkansas is slated to receive more than $30 million for wind manufacturing.

Nordex, founded in Germany in 1985, announced in late 2008 that it would build a wind turbine factory in Jonesboro, bringing in 700 jobs.

Construction began last year and is expected to finish this year.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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