Governor Corbett Tours Delaware County Employer, Talks Jobs and Economic Growth

Press Release

Date: March 25, 2011
Location: Folcroft, Delaware County

Governor Tom Corbett today toured Leefson Tool & Die and Keystone Mint in Delaware County, where he highlighted his commitment to growing Pennsylvania's economy and helping businesses create jobs for
hardworking residents.

"My budget is a commitment to Pennsylvania's workers. It supports our future by making sure workers, whether they own their business or work for someone else, have a share in the economy we are looking to build," said Corbett.

Corbett's proposed budget contains no tax or fee increases and cuts government spending by 3 percent, most of which is done by consolidating programs, targeting inefficiencies and reducing or eliminating discretionary financial grants.

The budget refocuses and streamlines the state's support of free enterprise by supporting programs that will encourage economic growth and job creation, streamlining a multitude of business incentive programs and awarding tax credits as incentives for new and creative ideas to improve business and industry.

"My proposed budget supports companies -- like Leefson -- that are evolving and innovating in response to our changing economy. By advocating careful use of tax money, it will come back to the citizens in the form of a growing economy," said Corbett.

Leefson Tool & Die Company was founded by Jack Leefson in 1946 and transitioned to the second generation in 1983 to its present owners, Daniel and Richard Leefson.

The brothers formed the Keystone Mint Company in 1999 to offset the loss of
business their tool and die company was experiencing to competitors overseas.

"State government must be a partner with businesses statewide to ensure the growth and retention of jobs in our communities. Economies fluctuate and
industries evolve; these are realities our citizens are facing. The Leefson family's creativity in business has allowed them to continue to employ their neighbors and support economic activity here in Delaware County," said Corbett.

Visit www.pa.gov to learn more about Governor Corbett's proposed budget.


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