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Home » Obama Proposal Would Allow Factories to Write Off Capital Investment

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Obama Proposal Would Allow Factories to Write Off Capital Investment

September 07, 2010

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WASHINGTON-President Barack Obama will propose that companies be allowed to more quickly write off 100 percent of their new investment in plants and equipment through 2011. MORE

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AssemTech Inc. is a busy and growing harness assembly shop in West Chicago, IL. The company has a 12,000-square-foot assembly area and employs 20 full-time harness assemblers - far cry from its early days back in 1986, when founder Chuck Hall and various family members assembled harnesses in his garage.

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