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Energy Conversion Devices (ECD) is using the US$13.275 million received from the U.S. Department of Energy and the Department of Treasury as part of the Manufacturing Investment Tax Credit system to assist in the equipment upgrades at its Auburn Hills 1 thin film manufacturing plant. Total investment for the deposition tool upgrades is US$42 million and is expected to create 600 jobs in Michigan, according to the company.
"We are very appreciative of the Obama Administration's efforts to support American clean technology through the stimulus programs," remarked Mark Morelli, ECD President and CEO. "We are also grateful for the support from Senators Stabenow and Levin, Congressman Peters and other members of the Michigan congressional delegation. Governor Granholm and her staff were also critical in supporting our application. These elected officials do an important job in Washington and here in Michigan of delivering a consistent message of support for American manufacturing jobs and business in Michigan."
The upgrades were said to lower the cost of manufacturing while increasing the efficiency of the solar laminates. The tax credit was received by United Solar Ovonic, a subsidiary of ECD.
