Aberdeen American News, Pacific Coast Business Times join call for PTC extension
Citing potential impacts on their local economies, both the Aberdeen (S.D.) American News and Pacific Coast Business Times (Santa Barbara, Calif.) in recent days have joined a long list of newspapers around the country endorsing an extension of the federal wind energy Production Tax Credit (PTC).
In backing the PTC, the Aberdeen American News pointed to local manufacturer Molded Fiber Glass, which makes wind turbine blades and employs 400 in the city. Molded Fiber Glass, it added,
- "Spends more than $2.82 million in South Dakota each year
- "Pays $1 million in property and sales tax each year
- "And has a $16 million annual payroll ...