In Utica, Portman Visits Velvet Ice Cream Headquarters as Part of Results for the Middle-Class Tax Reform Tour
UTICA, OH –Senator Rob Portman (R-OH), as part of his Results for the Middle-Class Tax Reform Tour, visited and toured Velvet Ice Cream’s Headquarters today in Utica. As a result of the passage of the Tax Cuts & Jobs Act, Velvet Ice Cream plans to restore and invest in its 200-year-old Ye Olde Mill, adjust wage scale for new hires, purchase a new warehouse management system, and add additional access control for food security and safety.
“Today was another great opportunity to see the tangible benefits tax reform is having for Ohio workers and small businesses. Velvet Ice Cream is restoring its Ye Olde Mill, reinvesting in its products and warehouse, and raising wages for hourly employees. Those kinds of increased investments are exactly what Congress intended when we crafted this tax reform law that puts faith in Ohio workers, Ohio families, and Ohio businesses, and we continue to see examples of this investment already paying off. I’m glad to see Velvet Ice Cream join the growing list of companies expanding operations and reinvesting in employees, and I look forward to more visits like this one in the coming weeks and months ahead.”
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, Lima Pallet Company in Lima, ProMedica Headquarters in Toledo, 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 of the event are below: