Portman Tours Sheffer Corporation as Employees Receive Bonuses After Tax Reform Bill Signed Into Law
CINCINNATI, OH – U.S. Senator Rob Portman (R-OH) today visited Sheffer Corporation, a premier cylinder manufacturing business based in Cincinnati, to tour the facility, meet with employees, and take part in the announcement of the business’s reinvestment into its workers. Sheffer Corporation announced that all 126 employees will be given $1,000 bonuses with the money the business expects to save as a result of the recently-signed tax reform law.
“The historic tax cuts that recently became law are already helping make a difference for middle-class families, creating more jobs, and increasing wages for Ohio workers,” said Portman. “Providing tax relief for middle-class families and reforming our business tax code to create more jobs and higher wages is long overdue, and I was proud to play a significant role in helping craft this law. I’m pleased that we’re already seeing a positive response as employers like Sheffer Corporation reward their workers with higher pay and bonuses—and increase their investments in their businesses and their communities. With the kinds of pro-growth reforms in this tax reform law, I expect this trend to continue in Ohio and across the country.”
“It was truly an honor to host a visit today from Senator Rob Portman,” said Sheffer Corporation President & CEO Jeff Norris. “Senator Portman along with his colleagues and President Donald Trump have been instrumental in bringing forward historic and new tax relief for American companies and for the American people. For many years, business owners have voiced concerns about the burdens associated with high taxes and over-regulation. It is my hope that others will follow and show support for Senator Portman and President Trump as they fight to lower our tax burdens and reduce regulations.”
NOTE: Another Ohio-based company, Fifth Third Bank, as well as others across the country such as AT&T, Boeing, Comcast, Sinclair Broadcast Group, Wells Fargo and others have also recently announced that they are reinvesting in their workers, their businesses, or both as a result of this tax reform law. Portman recently delivered a floor speech detailing how tax reform will help the middle class, boost jobs, and increase wages. A brief summary of the Tax Cuts & Jobs Act can be found here.
Following are photos of the event: