Governor Rick Scott shared his Building Up Florida Manufacturing Jobs proposal at a St. Petersburg manufacturer Thursday afternoon.
“Manufacturing is a vital part of Florida’s economy and companies like Plasma-Therm play an important role in providing jobs and opportunities. Today there are 17,500 manufacturing companies in Florida that that employ over 300,000 Florida families," Scott said.
Scott says his proposal will eliminate a barrier for small manufacturing companies and create jobs in Florida.
“At Plasma-Therm we support Governor Scott’s initiative to cut sales taxes on manufacturing equipment,” said Ed Ostan, Executive Vice President of Sales & Marketing at Plasma-Therm.
“Additional revenue that would be created through tax cuts could be channeled to our R&D budget and in turn, create jobs even faster than we can today. It will allow us to re-invest a large percentage of our revenue each year in research for the development of new products. This development enables us to be competitive in the global market and fosters continued growth. As we grow, jobs are created in manufacturing, science, engineering and finance,” Ostan said.
Plasma-Therm is a U.S. based manufacturer of etch and thin film deposition equipment for a number of global compound semiconductor and related specialty markets. For more than 35 years, they have enabled various process technologies by coupling reliable platforms with award-winning service. They hold over 37 patents for innovation in plasma process technologies.
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