OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

The Tax Cuts and Jobs Act Spurs Investment of $1.5 Billion by Fedex in Indianapolis

Statement

Date: Jan. 26, 2018
Location: Washington, DC
Issues: Taxes

U.S. Representatives Jackie Walorski (IN-02), Jim Banks (IN-03), Todd Rokita (IN-04), Susan Brooks (IN-05), Luke Messer (IN-06), Larry Bucshon, M.D. (IN-08), and Trey Hollingsworth (IN-09), today released the following statement after FedEx announced they plan to invest $1.5 billion in their Indianapolis, IN hub:

"One of the primary goals of the Tax Cuts and Jobs Act was to ensure our tax code helps American businesses compete in a global market, enabling job and paycheck growth here at home. As a result, we've seen numerous companies commit to investing billions in communities across America, including the latest announcement from FedEx. They plan to invest $1.5 billion to significantly expand their Indianapolis hub over the next seven years. This long-term investment by FedEx in the Hoosier state is great news and will support quality jobs and add to the robust Indiana economy."


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