Tuesday, October 9, 2012 Economic Development · Renewable energy · Wind

Kaydon to Shut SC Plant as Expiry of Energy Tax Credit Looms

by Andy Hollis

Kaydon Corp., a maker of specialty ball bearings for wind turbines, plans to shutter a manufacturing facility in Sumter due to the impending expiration of a federal renewable energy tax credit. The Production Tax Credit provides 2.2 cents of tax relief for each kilowatt-hour of electricity produced.
Read More

Contact Us

[email protected] · 843.723.8035

Stay Up-To-Date

Sign up for the latest news from the Coastal Conservation League and find out how you can get involved in our efforts.