For Immediate Release
(202) 224-5653
MEMBERS OF WISCONSIN DELEGATION URGE ADMINISTRATION TO USE DEPARTMENT OF ENERGY TECHNOLOGY PROGRAM TO RETOOL KENOSHA CHRYSLER PLANT
Congress appropriated funds last year for grants and loans to U.S. automakers to retool existing factories
WASHINGTON – U.S. Senators Herb Kohl and Russ Feingold and Representatives Paul Ryan and Gwen Moore today called on the Chair of the Automotive Task Force at the Treasury Department to employ a Department of Energy (DoE) technology program to keep the Kenosha Chrysler plant open. The DoE’s Advanced Technology Vehicles Manufacturing Incentive Program provides grants and low-interest loans to help U.S. automakers retool existing factories to produce fuel efficient engines and parts. Last year, Congress appropriated $25 billion for this program. Chrysler revealed last week that it plans to close its Kenosha facility and eliminate the hundreds of jobs there as part of its bankruptcy reorganization.
A copy of the letter from Kohl, Feingold, Ryan and Moore is below:
Mr. Steven Rattner
Chair, Automotive Task Force
Department of Treasury
Dear Steven,
We appreciate the time you took to meet with the Senate Banking Committee this week to discuss Chrysler’s restructuring and the Chrysler engine plant in
Last fall, Congress appropriated $25 billion for the Advanced Technology Vehicles Manufacturing Incentive Program, which is administered by the Department of Energy. This program provides grants and low-interest loans to
At a time when unemployment is at an all time high in the