Senator Brown touts bill to revamp area’s industry
The Chronicle Telegram – Even as he touted a bill passed by the U.S. Senate on Wednesday that would give tax breaks to employers to encourage the hiring of unemployed workers and free up capital for expansion, U.S. Sen. Sherrod Brown, D-Avon, said more needs to be done.
In particular, he’s pushing for passage of a measure to create a $30 billion revolving loan fund to retool small- and medium-sized auto supply firms and other companies for entry into the clean-energy market.
“Companies that were part of the supply chain for automakers and created glass for truck windshields could now make glass for solar panels, or ones that made gearboxes for trucks would now make them for wind turbines,” Brown said Wednesday during a conference call, referencing the Investment for Manufacturing Progress and Clean Technology Act.
One area firm that could benefit from the measure is A.J. Rose Manufacturing Co., an Avon firm that produces components for power trains, engines, transmissions and automatic brake systems for the automotive industry.
