Gainesville Company Pays Tax Reform Benefits Forward
GAINESVILLE, Ga.—As President Trump delivers his first State of the Union address today, a northeast Georgia company is announcing its plan to deliver bonuses to its employees as a direct result of the Tax Cuts and Jobs Act.
Mincey Marble was established in 1977 in Gainesville as a manufacturer of cast marble products for hospitality, healthcare and other markets around the country. Donna Mincey, President and CEO of Mincey Marble, says that the tax reform package signed into law last December will directly benefit her company’s bottom line, which allows her to further invest in Mincey’s more than 300 employees, many of whom are hourly workers.
“As the owner of a family business, I want to share how tax reform is benefitting Americans at every level. Companies big and small are passing along tax savings to the workers who help build our economy. I hope that the bonuses Mincey Marble is providing encourage other businesses in our great state to pay it forward, because the Tax Cuts and Jobs Act is the kind of meaningful change that can help transform communities by bringing relief to American workers and families,” said Mincey.
“Mincey Marble has been part of our community for decades, and their decision to pass along the company’s tax benefits to our hardworking neighbors is outstanding. I supported the Tax Cuts and Jobs Act with President Trump knowing it would lead to lower taxes and higher paychecks for northeast Georgians. We’re already seeing the economic benefits of tax reform happening at corporate and grass-roots levels, and I’m always thrilled to hear individual stories of how smaller government helps people—like the team members at Mincey Marble—invest in bigger dreams,” said Collins.
Employees at Mincey Marble will receive bonuses of up to $1,000 depending on their length of service with the company. Even employees hired this year will see a bonus, and the checks are scheduled to arrive during the week of Valentine’s Day as a sign of the company’s appreciation for its associates.
Due in large part to their confidence in the Trump Administration’s pro-business agenda, Mincey Marble’s management team also made the decision in January 2017 to expand the size and operations of a new facility that is currently under construction in Gainesville.
Other Georgia companies that have increased employee benefits in the days since President Trump signed the Tax Cuts and Jobs Act into law include Aflac, Home Depot and Yancey Bros. Caterpillar Dealer.