Jeld-Wen gifts a truck to small business owners
Jeld-Wen has announced the winners of a national contest it held recently.
Don and Lisa Anderson, the owners of a local construction business in Williamsburg, Ohio, received a brand-new Ford F-250 Super Duty truck from Jeld-Wen.
The Andersons won a two-year lease of the rig for the betterment of their business, Anderson Custom Homes, which has been building homes since 2001.
“It’s like Christmas!” said Don Anderson. “As a small business owner, we are constantly watching our expenses. Winning a tool like this is going to be so helpful to us.”
“This is one of the best parts of my job,” said Jim Parello, Vice President of Marketing for Jeld-Wen. “We invest a lot of time and energy in supporting our builder partners with both products and services that will best serve their needs. While we love when those efforts are successful, it is fantastic to be able to make such a direct and immediate impact on the work of one of our builders.”
Weyerhaeuser takes some fire safety precautions
Weyerhaeuser Company is taking some measures to protect its lands from forest fires.
Due to a high risk of fire, the company has banned all campfires on its lands in Flathead, Lake, Lincoln, Missoula, Sanders and Ravalli counties in Western Montana.
The ban takes effect immediately and will remain in effect until further notice.
However, the lands are still open for hunting, fishing, hiking, biking, camping and other recreation activities.
Weyerhaeuser owns or controls more than 13 million acres of timberlands, primarily in the U.S.
Proposed border tax would hurt these retailers the most
Proposed reforms to the nation's tax code would hurt smaller retailers more than larger ones.
The National Retail Federation said smaller retailers and their employees would suffer more than large companies under a proposal to create a border adjustment tax that would drive up the price of imported merchandise.
“Small retailers are probably the business group that is hardest hit by the potential impact of the BAT,” NRF senior VP for government relations David French said. “They do not have the economies of scale to be able to reduce the higher costs of their merchandise with the BAT imposed and are most likely to lose sales to lower-priced competition. We hope to work with you toward an alternative to the BAT and protect small retailers and the almost 17 million jobs that they contribute to the U.S. economy.”
French’s comments came in a letter to the House and Ways and Means Committee, which was holding a hearing on how tax reform would benefit small businesses, grow the economy and create jobs.
French said the 20% BAT that would be created under the “Better Way” tax reform plan proposed by House Speaker Paul Ryan, R-Wis., and Ways and Means Committee Chairman Kevin Brady, R-Texas, would effectively move the United States toward a consumption tax structure rather than the current income tax structure.
“Our small retail members are very concerned about tax reform efforts that might shift the burden of taxation to consumption,” he said. “Increased costs to the consumer will cause sales to decline and result in a contraction in their businesses. Instead, Congress should reject the BAT proposal and focus on reform of the existing income tax system."
A recent NRF survey of small retailers found that three out of five expect a negative impact on their businesses if the BAT is enacted, and 18% said their businesses could fail. More than 200,000 jobs could be lost to layoffs and wages could be reduced by close to $500 million because of reduced hours for employees. Small businesses make up 98% of the retail industry and provide 40 percent of its jobs.
The BAT provision would end importers’ ability to deduct the cost of merchandise purchased from other countries, resulting in higher prices for consumers. NRF estimates this could cost the average family as much as $1,700 annually.