ERIE, Pa., April 28, 2011 /PRNewswire-USNewswire/ -- Governor Tom Corbett today toured Industrial Sales and Manufacturing, Inc., where he highlighted his proposed budget's commitment to growing the state's economy and helping employers like ISM create jobs.
"My budget is a commitment to Pennsylvania's workers. It supports our future and makes sure that workers, whether they own their business or work for someone else, have a share in the economy we are looking to build," Corbett said.
Corbett's proposed budget contains no tax or fee increases and cuts government spending by 3 percent, most of which is done by consolidating programs, targeting inefficiencies and reducing or eliminating discretionary financial grants.
The budget refocuses and streamlines the state's support of free enterprise by supporting programs that will encourage economic growth and job creation, while supporting incentives for new and creative ideas to improve business and industry.
"Business leaders like Jim Rutkowski, general manager here at ISM, have to make tough decisions every day and especially during an economic downturn," said Corbett. "My administration has had to make hard choices to address a $4.2 billion deficit. Nobody likes to cut funding, but if we don't do it now, our deficit will double. There is no way to do it painlessly, but doing nothing is not an option."
Industrial Sales and Manufacturing offers a full range of services including machining, fabricating and assembling. It also specializes in welding, milling and other services. ISM has approximately 135 highly skilled employees. The company saw 16-percent revenue growth in 2010 and exports to Mexico, Canada, China, India, Kazakhstan, and Australia.
"My proposed budget supports companies like ISM that are investing in our communities and providing jobs for our neighbors. It supports programs such as the Job Opportunity Grant Program, Job Creation Tax Credits, and the Liberty Loan Fund," Corbett added. "Where the state can help, we're here to help. And where we can keep out of the way, we will."
Media contact: Kelli Roberts, 717-783-1116
SOURCE Pennsylvania Office of the Governor