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Economy and Business

Ohio Sen. Brown pushes credit for loss of manufacturing jobs bill
Brown says the bill will create more jobs in Ohio cities that suffered from the recession.

U.S. Sen. Sherrod Brown is pushing for a manufacturing tax credit.
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U.S. Sen. Sherrod Brown wants Congress to expand a tax credit program aimed at helping manufacturing cities iwhen they suffer from jobs moving to other parts of the country.

Brown is the sponsor of the Manufacturing Communities Investment Act, which would help cities in Ohio and other states create jobs through government funding. The bill is an extension of the New Markets Tax Credit Program.

Brown says the bill is crucial to communities in Ohio.

Hear more about the Manufacturing Communities Investment Act.

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“We've seen a huge drop over the last dozen years in manufacturing jobs,” Brown said. “We’re now seeing an uptick, but we need more. And, the New Markets Tax Credit expansion, especially aimed towards manufacturing, is where the real jobs are.”

Brown says the Manufacturing Communities Investment Act will allow private investors to put money into local companies.

He says cities like Mansfield, New Philadelphia and Dover will benefit from the bill. 

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