releases: http://kuster.house.gov/media-center/press-releases/on-national-manufacturing-day-kuster-pushes-legislation-to-boost-small
Data license: MIT · Data source: dwillis/congress-press
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| http://kuster.house.gov/media-center/press-releases/on-national-manufacturing-day-kuster-pushes-legislation-to-boost-small | On National Manufacturing Day, Kuster Pushes Legislation to Boost Small Manufacturers Seeking to Expand | 2014-10-03 | 2014 | 2014-10 | Democrat | House | NH | Ann Kuster | K000382 | kuster.house.gov | legacy | Washington, DC – Today, Congresswoman Annie Kuster (NH-02) cosponsored a bill designed to support manufacturers by helping them to purchase new equipment, expand facilities, and improve workforce development programs. The Manufacturing Reinvestment Account Act will allow small manufacturers to establish tax-free reinvestment accounts that would help them cover the cost of these expenses. Congresswoman Kuster supported the bill in response to a request from Williams & Hussey Machine Co., Inc., a woodworking tools manufacturer in Milford. “I have made it my number one priority in Congress to help support the creation of jobs and opportunity for New Hampshire families,” said Congresswoman Annie Kuster. “Manufacturers like Williams & Hussey contribute to the Granite State economy by expanding the manufacturing base and creating good jobs for New Hampshire workers, and this bill will help small manufacturers throughout New Hampshire continue to grow.” The Manufacturing Reinvestment Account Act would create establish tax-exempt manufacturing reinvestment accounts (MRAs) for manufacturing businesses. It would allow these manufacturers to make tax deductible cash payments into an MRA, and then use MRA funds for equipment and property, as well as job training and workforce development. “The option to invest in such MRAs for small manufacturing firms like Williams & Hussey Machine Co., Inc. and others small companies in NH and across the country will help them get a bigger return on their dollar and free up capital to invest in machinery, infrastructure, and job training, ensuring that they can succeed in both the short and long-term,” said Steven Carter, President and CEO of Williams & Hussey Machine Co., Inc. As a member of the House Small Business Committee, Kuster has focused on efforts to foster job creation and support New Hampshire’s manufacturing industry. She has supported a series of “Make It In America” proposals focused on restoring jobs and reviving the U.S. manufacturing economy, and she has also fought to establish a Manufacturing Innovation Institute in New Hampshire. ### | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |