From AAIA Capital Report

Senator Sherrod Brown (D-Ohio) has introduced legislation that would create a $30 billion revolving loan program to help auto suppliers and other small- and mid-sized manufacturers retool for clean energy industry. Under the Investments for Manufacturing Progress and Clean Technology Act of 2009 (IMPACT), states would receive funds for the establishment of revolving loan program to assist small- and medium-sized firms in retooling, expanding or establishing domestic clean energy manufacturing operations and improving energy efficiency.

The bill would also modernize the Hollings Manufacturing Extension Partnership (MEP). MEP is a federal-state partnership, which provides support to small- and mid-sized manufacturers, providing $1.5 billion in federal funds over five years to help manufacturers diversify to clean energy markets and adopt innovative, energy-efficient manufacturing technologies. 

According to the Senator, "We can revive American manufacturing through investments in clean energy. This bill will help our manufacturers retool, put our auto suppliers back to work and produce clean energy technologies."