LAS VEGAS, NV – To mark the one-year anniversary of the Inflation Reduction Act that she helped pass, U.S. Senator Jacky Rosen (D-NV) visited Unimacts, a clean energy manufacturing company in Las Vegas that has directly benefited from this historic law. As a result of the Rosen-backed law, Unimacts said they have been able to move their production out of China and Mexico and into the United States.
Las Vegas Review-Journal: Solar parts manufacturer plans to triple operations in Nevada
By Sean Hemmersmeier
- It’s been one year since the wide-ranging Inflation Reduction Act was passed. The IRA incentivizes companies to bring operations related to clean energy to the U.S. The act offers both loans and tax credits for operations housed in the country.
- Unimacts hired 80 people and opened a manufacturing facility that makes metal torque tubes in Las Vegas at the start of 2023 thanks to the Inflation Reduction Act or the IRA, CEO Matt Arnold said… “We wouldn’t be here without the IRA — full stop,” he said.
- Sen. Jacky Rosen, D-Nev., toured the Unimacts facility on Monday to mark the anniversary of the IRA. She honed in on the manufacturing benefits of the legislation and said it should bring 30,000 new jobs to Nevada as the funding and tax credits continue to roll out. “The tax credits that manufacturers get for bringing back manufacturing jobs to America, bringing jobs to Nevada, those kinds of credits make a huge difference,” Rosen said.
- Nevada ranks No. 1 in the nation for solar jobs per capita, with over 7,500 positions, and the Solar Energy Industries Association estimates that there are 112 solar companies operating in the state and about 15 are solar manufacturers.
Reporter: “Senator Jacky Rosen is celebrating the first anniversary of the Inflation Reduction Act. She visited local clean energy manufacturer, Unimacts, here in town, a company paving the way for Nevada to be a solar energy leader in the U.S. Rosen says because of the Act, more manufacturing jobs like the ones at this solar company will make their way back from overseas here to the valley.”
Rosen: “We’re bringing manufacturing back from overseas, so we can bring the jobs right here at home. In fact, the Inflation Reduction Act is projected to bring over 30,000 new jobs in the next five years to Nevada, possibly more, as we see more and more factories like this come on board.”
Reporter: “Nevada Senator Jacky Rosen stopping by the valley today showing how one local business has benefited from the Inflation Reduction Act, which was signed a year ago today by the president. This was at the solar manufacturing company Unimacts. Now the senator says in one year the act has created over 11,000 well-paying jobs for Nevada’s clean energy economy with 40,000 more expected over the next decade.”