Larson Visits ATI High Performance Components Group
East Hartford, CT – This week, Rep. John B. Larson (CT-01) toured East Hartford's ATI High Performance Components Group. ATI specializes in precision machining services, particularly for the Blackhawk Helicopter and other Sikorsky aircraft. Like many manufacturers in Connecticut's aerospace supply chain, ATI utilizes the R&D Tax Credit to make crucial investments in innovation. Larson worked across the aisle to ensure the R&D Tax Credit was made permanent last year.
“Small businesses like ATI are the backbone of our economy--not just here in Connecticut, but across the country,” said Larson. “I am always interested to both see how our manufacturers are benefiting from the R&D Tax Credit and learn how Congress can continue to support their growth. Seeing ATI use the credit to invest in new machining processes makes it clear the Yankee ingenuity is alive and well. I am proud of the work they do to keep our nation safer. Employers like ATI are why I am fighting so hard to expand the R&D Tax Credit to help our small manufacturers grow and thrive.”
This year, Larson worked with Rep. Pat Tiberi (R-OH) on a plan to raise the Alternative Simplified Credit from 14% to 20%.