Rigby, Fedele Visit Northwest Corner Manufacturers

by: bsundie Thursday, January 28th, 2010

Rep. John Rigby and Lt. Gov. Mike Fedele toured four manufacturing companies today, listening to company owners, employees and executives talk not only about the struggles they’ve experienced in this down economy but also their successes and targeted areas for growth. The two elected officials started the day at Becton Dickinson in Canaan, where executives talked about the high cost of electricity–something representatives of other companies would bring up later in the day. Rigby and Fedele visited the shop floor where the company builds is product–syringes. From there Fedele and Rigby headed to Barkhamsted for a visit with folks at Sterling Engineering, a company that manufacturing products aerospace components. Company President John Lavieri introduced many of his employees to Rigby and Fedele, including a recent graduate of Oliver Wolcott technical school who chose a career in manufacturing. A stop at Alcoa Howmet in Winsted followed, and then Rigby and Fedele visited E&E Tool Manufacturing Co. — one of Winsted’s newer companies. The business relocated to Winsted recently after local officials offered its owners tax incentives. Rigby joined local officials, such as Mayor Candy Perez and Selectman Glenn Albanesius, in hailing the company’s move to town — even providing owners William and Edward Clark with citations from the governor and the legislature.

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One Response to “Rigby, Fedele Visit Northwest Corner Manufacturers”

Mark Jessen Said:  Vote: Add rating 0  Subtract rating 0  

Hi John,

hope all is well with you and your family.

I was just going through my morning reading and came across this PEW Center article on un/underfunded pensions within states. I see a strong headwind coming for business owners and hope to help you continue to keep a constructive dialog moving.

Also included is a link to the theory of the Laffer curve to underscore the impact of the underfunding and possible consequences as taxes are raised to meet these liabilities.

Pension Paper
http://www.pewcenteronthestates.org/uploadedFiles/Trillion_Dollar_Gap_embargoed.pdf

Laffer curve
http://en.wikipedia.org/wiki/Laffer_curve

Ben Stein and the Laffer curve comedic relief
http://www.youtube.com/watch?v=lWzMyKSIbFY

Best Regards,
Mark Jessen

Comment made on February 18th, 2010 at 2:18 pm
 

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