SCHAUMBURG, IL – At the federal level, American manufacturers are encouraged with news from Washington D.C. of policy changes that will encourage job growth and industry expansion.
But manufacturers based in Illinois have been cautious as to whether substantial tax and regulation policy changes will work through to their businesses because for the most part, budget and policy reform from the State Capitol have been confusing and contradictory.
After Governor Rauner's budget address Wednesday, the Technology & Manufacturing Association (TMA) - which represents 1000 manufacturers and their 30,000 employees responded with caution:
TMA welcomes Governor Rauner’s stated commitment to economic growth and support of job creators throughout Illinois. We applaud his continued calls for workers compensation reform and a property tax freeze, as well as other structural reforms that are critical to maintaining a robust manufacturing base in Illinois.
We are hopeful the Governor can shift the conversation to a more balanced approach that makes Illinois employers more competitive, strengthens Illinois families, and reins in out-of-control State of Illinois government spending.