Novonesis to Host Sen. Pete Ricketts for Manufacturing Tour to Highlight Success of Pro-Growth Tax Policy
Washington, D.C. – Novonesis, in partnership with the National Association of Manufacturers, will host Sen. Pete Ricketts (R-NE) for a facility visit in Blair, Nebraska, on March 31 to highlight the impact of the pro-growth tax provisions of the Working Families Tax Cuts on America’s manufacturing economy.
The 2025 law made key tax policies permanent, including 100% bonus depreciation and full expensing for qualifying capital investment—policies that Novonesis can leverage as it continues to expand its plant in Blair. Novonesis has a significant footprint in Nebraska, having completed several large-scale expansions over the past 15 years, and the company continues to look to Blair for additional growth opportunities in the future. These investments underscore the site’s evolution as a leading U.S. biomanufacturing hub. In addition, no tax on overtime directly benefits the facility’s manufacturing workforce and supports recruitment and retention of skilled workers.
Registered members of the press are invited to join the facility tour.
WHO:
Sen. Pete Ricketts
Kyle Nixon, Novonesis Senior Director of Supply Chain for the Americas
WHEN: March 31 at 9:45 a.m. CDT
WHERE: 600 S. 1st St., Blair, NE 68008
WHY: The Working Families Tax Cuts’ pro-growth tax provisions saved 37,000 jobs and $3.3 billion in wages in Nebraska alone. Novonesis’ facility in Blair is a cornerstone of the company’s U.S. manufacturing footprint, producing enzymes and advanced food ingredients for industries worldwide. The biosolutions firm is one of the many businesses in Nebraska that will benefit from continued pro-growth tax policy championed by Sen. Ricketts.
Please email [email protected] to register.
-NAM-
The National Association of Manufacturers is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the NAM or to follow us on Twitter and Facebook, please visit www.nam.org.