Clean Energy Manufacturing and the New Age of Technology in the U.S.

by celticbank on July 11, 2011

Clean Energy ManufacturingU.S. manufacturing is seeing a growing trend of turning to green technologies in order to join the $500 billion global market for clean energy technology. MIT describes the clean energy manufacturing industry as a sector that “promises to minimize periodic fuel shortages, fluctuating costs, global warming, and airborne pollution.” New technologies such as solar power, battery power, and fuel cells are just a few of the innovative solutions firms are developing to change the way we generate energy.

U.S. clean energy manufacturing is even seeing support from the political sphere. Sen. Kirsten Gillibrand of New York has created a new grant program called Made in America which gives incentives to high-tech and clean energy manufacturing companies to create new jobs. Tax credits for New York clean energy manufacturing companies may be a future incentive as Sen. Gillabrand works to pass the Security in Energy and Manufacturing (SEAM) Act.

Interested in starting a clean energy manufacturing or new age technology firm? Contact Celtic Bank to see how we can help you bring your business idea to life.

Although you hear more and more about industries outsourcing to international factories, the U.S. is still the leading manufacturing country. In fact, over 11 million Americans work in manufacturing and these companies have doubled their efficiency over the past 50 years. Domestic manufacturers reap the benefits of lower shipping costs and simpler supply chains which can lead to high quality merchandise at a low price. Here are a few examples of popular items that are exclusively manufactured in the U.S.:

●       LL Bean Maine hunting boots are made in New England.

●       Tibor fishing reels are made in Florida.

●       The all-electric Telsa Motor Company is all-American.

●       America’s favorite motorcycles, Harley Davidson, are produced in Milwaukee.

As you can see, manufacturing is not only an important part of the U.S. economy but the global economy as well. U.S. manufacturing continues to grow, and as it does it continues to adapt to our nation’s clean energy manufacturing needs. The rising need for alternate energy technologies such as solar or battery power is reshaping U.S. manufacturing and paving the way toward a greener future.

Photo Credit to treehugger.com

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