Portman Visits Lima Company Using Tax Savings to Hire More Workers, Increase Pay, Reinvest in the Business
Visit is Part of Portman’s Results for the Middle-Class Tax Reform Tour
WASHINGTON, D.C. – Today, U.S. Senator Rob Portman (R-OH) toured Lima Pallet Company, a full service pallet and container provider that builds custom wood pallets and crates. As a result of the passage of the Tax Cuts & Jobs Act, Lima Pallet Company is using their tax reform savings to provide pay increases, invest in new equipment, and hire additional employees.
“Today at Lima Pallet I again witnessed positive results of the recent tax reform legislation. From pay increases, to investing in equipment, to hiring more employees—the results are real,” said Portman. “I’m excited that we continue to see tangible benefits from tax reform. This is exactly what Congress intended to accomplish and I expect to continue to see results.”
So far on his tax reform tour, Portman has visited Worldpay Inc. and the Sheffer Corporation in Cincinnati, the UH Rainbow Center for Women and Children and Tremco in Cleveland, the Fredon Corporation in Mentor, GKM Auto Parts in Zanesville, Wolf Metals in Columbus, Bruns General Contracting in Tipp City, and hosted a roundtable with members of the Ohio Craft Brewers Association in Columbus, all of which have announced new investments in their businesses and their employees because of the savings from the Tax Cuts & Jobs Act. This includes investing in new plants and equipment, increasing wages, paying bonuses, increasing charitable giving, reinstating health care, expanding 401(k) benefits and making additional contributions to employee pension plans.
Photos from the event are below: