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Bill Yeargin

Open letter to President Trump

Dear President Trump, First, congratulations on your victory in last year’s hard fought campaign. You connected with tens of millions of American who have trusted you with their hopes for the future. As CEO of one of the boating industry’s largest companies with manufacturing across the USA, over 1,000 employees, and distribution in 70 countries, I want to do my ...

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Grow Boating Summit

This week in Chicago our industry held a Grow Boating Summit to discuss how we can continue to promote the boating lifestyle and grow our industry. There was a lot of support at the summit for the Discover Boating program and the group discussed how we can improve it. There are many perspectives on what we need to do. Below ...

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A changing industry

The boating industry is on the edge of dramatic change. In fact, in the next 10 to 15 years our industry will experience more change than at any other time in its history. Some trends that will transform our industry include: New leadership – the boating industry has enjoyed consistent leadership for decades but we are now on the edge ...

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Manufacturing Day offers opportunities for the boating industry

For four years I have been honored to serve on the Manufacturing Council, a group of about 25 business leaders who advise U.S. Secretary of Commerce Penny Pritzker. As you might expect, my experience on the Manufacturing Council has significantly increased my awareness of, and focus on, manufacturing issues. During my time on the Council we have discussed workforce issues, ...

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Tax reform – good for the boating industry

The past four years I have been honored to serve on the Manufacturing Council, a group of 25 business leaders who advise U.S. Secretary of Commerce Penny Pritzker. Our council has considered and made recommendations on many challenges facing U.S. businesses including taxation, trade, energy, innovation, and workforce issues. All of these issues are not only important to our nation ...

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TPP – Good for the boating industry and the USA

The Trans-Pacific Partnership (TPP) has been in the press a fair bit the past several months. It is one of the Obama Administration’s top priorities for 2016. For those not familiar with TPP, it is a trade agreement between 12 countries (the United States, Canada, Japan, Australia, Mexico, Malaysia, Peru, New Zealand, Singapore, Brunei, Chile and Vietnam) that make up ...

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Thanks Congress and Mr. President

At different times all of us in the U.S. look at what is happening in Washington D.C. and scratch our heads; we wonder how our leaders could miss some of the most obvious things. Many of us are quick to complain when we see this happening. At other times our leaders get it right and when they do they should ...

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Approve the tax extenders now, then create long-term tax stability

The U.S. Congress is creating an environment of unnecessary uncertainty related to certain tax provisions that is hurting our country and industry. Congress’s handling of these provisions, commonly called “tax extenders,” with inaction and delay creates an environment of instability for U.S. businesses which hurts the U.S. economy, our competitiveness around the world and costs U.S. jobs. Of course this ...

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Renew the EX-IM Bank Charter

Congress is playing political games with the Export-Import (EX-IM) Bank, a U.S. government agency that supports U.S. businesses around the world and directly creates jobs in the USA. This summer Congress allowed the charter for the EX-IM bank to expire and it is already costing jobs in the U.S. Crazier yet, since the EX-IM bank charges U.S. businesses for its ...

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Congress needs to take action on infrastructure

For much of our nation’s history, infrastructure has provided the U.S. with a significant global advantage. But what was once our advantage is quickly becoming a vulnerability. Our company Correct Craft, like many in the boating industry, is uniquely American. A builder of multiple boat and engine brands and one of the largest companies in our industry, we manufacture our ...

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