Stimulating the Industry (3/13/09)

"Stimulating" the Industry (3/13/09)

So the American Recovery and Reinvestment Act of 2009 (ARRA) has been passed and we’re ....

So the American Recovery and Reinvestment Act of 2009 (ARRA) has been passed and we’re all left wondering, what’s in it for me?. The Adhesive and Sealant Council, Inc.,’s Mark Collatz sent a memo (see “Online Exclusives”) to their members highlighting sections where key provisions, both for spending provisions and tax provisions, are located in the act.

Much of the funding will affect infrastructure and construction, which will obviously involve the application of adhesives and sealants. In addition, the Tax Provisions American Recovery and Reinvestment Act of 2009 will give some help to small businesses.

How will the act help your company? Should more have been done, or do you think this act will give the industry the boost it needs? Leave a comment with your thoughts to get the conversation started.

Teresa McPherson was the former Editor of Adhesives & Sealants Industry. She has held several editorial positions during her more than 20 years with BNP Media. She holds a bachelor’s degree in English and journalism from Eastern Michigan University.