01/07/2010 PDT : PRESS RELEASE: San Jose Mayor Chuck Reed on the Award of $260 Million in Federal Tax Credits for Silicon Valley Clean Tech Companies
For Immediate Release: January 8, 2010
San Jose, Calif.– Mayor Chuck Reed has released the following statement regarding President Barack Obama’s announcement that the federal government has awarded $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits:
I would like to thank President Obama and the administration for recognizing the innovation that occurs here in Silicon Valley and making a sizable investment in our region. These efforts will not only fuel recovery locally, it will help the U.S. remain competitive in the global clean tech market.
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