Congressman Paul Ryan (R-WI-1) made a special visit to the Scot Forge manufacturing facility in Clinton, Wisconsin this past Monday. Scot Forge, a 100 percent employee-owned company is a market leader for custom ferrous and non-ferrous open die and rolled ring forgings. It also happens to be one of the largest employers in Ryan’s congressional district, with over 200 employee-owners in that location, many of whom live in Ryan’s hometown of Janesville.
Ryan, the Republican Vice Presidential nominee in 2012, is a longtime supporter of employee ownership and serves in influential positions in the House as Chairman of the Budget Committee and as a senior member of the tax-writing Ways and Means Committee. He is likely to chair the Ways and Means Committee next Congress, should Republicans retain control of the House after the 2014 elections.
During his visit to the Scot Forge facility in Clinton, Ryan got a firsthand look at the company’s forging and manufacturing process for products like bars, rings, hubs, blanks, step-down shafts and spindles. He also noted the impact that employee ownership has on allowing workers to build capital, while saving for retirement.
This isn’t the first time Ryan and Scot Forge employee owners have met. Annually, ESCA members from Wisconsin visit with the Congressman in his Washington office as part of our fall lobby day. Ryan was also a featured speaker at last year’s ESCA Federal Policy Conference.