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Three Chattanooga area manufacturing projects are to receive $341 million in clean energy tax credits from the federal government’s stimulus spending package.
Volkswagen’s auto assembly plant, expected to open in early 2011, was awarded a $150 million credit — the largest of the some 180 announced Friday.
Alstom Power’s project to make steam and gas turbines in Chattanooga will receive a $63 million tax credit.
Wacker Chemical Corp.’s planned $1 billion polysilicon plant in Bradley County garnered a $128 million tax break, the third largest.