Saturday, January 8, 2011

President Obama Visits NFRC Participant Company Thompson Creek, Manufacturer Credits Stimulus Plan for Recent Success

An online article published by The Washington Post, said President Obama visited the headquarters of National Fenestration Rating Council (NFRC) Certification Program Participant company, Thompson Creek Windows, on Friday, January 7, where he spoke about economic data showing a reduction in the nation's unemployment rate.

The venue was fitting for Obama's message because Thompson Creek's President, Rick Wuest, credits part of his company's success over the past two years to Obama's stimulus plan.

Wuest pointed out in the article that during that time Thompson Creek's number of employees grew from 168 to 289. Wuest also said his sales have increased, and the company has leased a new 46,000-square-foot-headquarters.

Additionally, the article explains that the company's Website currently lists 16 job openings in various departments including accounting, sales, and marketing.

The stimulus plan featured a tax credit which had allowed homeowners to write off 30 percent of the purchase price (up to $1,500) on their income taxes for purchasing energy-efficient windows. This tax credit expired on December 31, 2010.

Wuest said more than 6,000 Thompson Creek customers benefited from the tax credit while it was in effect.

Obama said Thompson Creek’s success story is one he would like to see replicated across the country.

Full Article