# Tax Credits and Incentives for Manufacturing Workforce Development w/ Leslie Boyd

- Show: [The Manufacturing Executive](https://hardwarepodcasts.com/podcast/the-manufacturing-executive)
- Published: 2023-09-12
- Length: 23m
- Episode: 170
- Page: https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd
- Listen: https://www.spreaker.com/show/the-manufacturing-executive#episode-f589ee3c-93c9-49c5-919c-635faf2b8ef1

## Summary

Leslie Boyd, Managing Principal of Manufacturing at CLA, explains how midsize manufacturers can leverage tax credits and incentives to address workforce shortages by hiring from underserved talent pools like veterans, the disabled, and ex-felons. She details specific federal programs like the Work Opportunity Tax Credit (WOTC) and state-level initiatives in Indiana, such as the Hoosier Business Investment Tax Credit (HBITC) and skilled enhancement funds, which offset costs for machinery, buildings, and employee training. Boyd highlights that many companies overlook these benefits due to complex certification deadlines and lack of awareness, urging leaders to proactively negotiate incentives before making capital investments.

## Chapters

- [0:04](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=4) Introduction: Leslie Boyd and CLA
- [2:31](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=151) Leslie Boyd's Career Path from Auditor to Manufacturing Tax Specialist
- [7:30](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=450) Current Manufacturing Challenges: Automation, Labor Shortages, and Reshoring
- [12:31](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=751) Federal and State Tax Credits for Underserved Talent Pools
- [16:33](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=993) Common Pitfalls in Claiming Tax Credits and Negotiating Incentives
- [18:12](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=1092) The Rise of High School Apprenticeships and Career Pathways
- [19:59](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-09-12-tax-credits-and-incentives-for-manufacturing-workforce-development-w-leslie-boyd#t=1199) Women in Manufacturing and Corporate Sponsorship

## Topics

- [Hiring & workforce](https://hardwarepodcasts.com/topic/hiring-and-workforce)
- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)

## Most relevant to

early-stage companies

## Mentioned

- CLA (company)
- Gorilla 76 (company)
- WOTC (other)
- HBITC (other)
- Indiana (other)

## Related episodes from other shows

- [209: How to Take Advantage of Local, State, and Federal Resources for Growth and Expansion, Live from CBT Company's More Than MFG Expo](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2024-10-29-209-how-to-take-advantage-of-local-state-and-federal-resources-for-growth-and-ex) (Manufacturing Happy Hour)
- [302: Philly's Answer to the Talent Shortage (LIVE in King of Prussia, PA)](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2026-09-15-302-phillys-answer-to-the-talent-shortage-live-in-king-of-prussia-pa) (Manufacturing Happy Hour)
- [198: Manufacturing’s Role in the Resurgence of Rust Belt Cities with Drew Crowe, Live from 4 Hands Brewing Company in St. Louis, MO](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2024-08-13-198-manufacturings-role-in-the-resurgence-of-rust-belt-cities-with-drew-crowe-li) (Manufacturing Happy Hour)
- [Leading the New American Manufacturing Renaissance with Andrew Crowe](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2021-03-30-leading-the-new-american-manufacturing-renaissance-with-andrew-crowe) (Manufacturing Happy Hour)
- [Inside Conexus Indiana: The Industry Network Driving Manufacturing Tech and Talent | Ep. 46](https://hardwarepodcasts.com/podcast/lights-out/2026-07-31-inside-conexus-indiana-the-industry-network-driving-manufacturing-tech-and-talen) (Lights Out)

## Citing this page

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