Kratovil Backs Bill to Help Small Businesses and US Manufacturers Create Jobs
Rep. Frank Kratovil backed the US Manufacturing Enhancement Act, a tariff adjustment bill that will help U.S. manufacturers compete at home and abroad by reducing duties on intermediate materials used in the production process when these materials are not made domestically or opposed by domestic producers. The bill, which is strongly supported by diverse range of manufacturers, including W.L. Gore, who has a large facility in Elkton, MD, will help lower costs and create jobs in the manufacturing sector. The legislation was passed by a bipartisan majority.
“If we are going to bring our economy back we must continue the fight to help small businesses and U.S. manufacturing create jobs here at home,” said Rep. Kratovil. “In order to have a strong economy in the long run, we must ensure a healthy domestic manufacturing sector. This bill will protect good American jobs, provide support for our nation’s manufacturers, and help accelerate our economic recovery.
“We appreciate Congressman Kratovil’s support and vote for this critical legislation. Because of his support and passage of this legislation, jobs in Maryland’s First Congressional district are secured, our company continues to invest in the development of new and innovative performance footwear and consumers benefit from a wider selection of this type of footwear at better prices,” said Matthew Schreiner, Global Products Specialist for W.L. Gore.
The reductions and suspensions of import duties prescribed in this bill are necessary to lower costs for materials American businesses use in production and thereby increase the competitiveness of our domestic producers.
Since being sworn into office, Rep. Kratovil has pursued legislation aimed at growing the economy, creating jobs, and supporting domestic manufacturers. He recently held a roundtable discussion with local manufacturers to discuss the issues that they are facing and ways that he can be support their businesses. This legislation is an essential piece of that initiative to help US manufacturers.
