CEO: Tax bill allows us to hire more people, buy more equipment

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Posted by John Kartch on Thursday, December 21st, 2017, 1:38 PM PERMALINK

Today Canary LLC CEO Dan Eberhart was a guest on Fox Business Network’s Varney & Company. Eberhart told Varney the GOP tax reform bill will allow the company to hire more employees and buy more equipment.

Eberhart said:

“There are two components. One is ordering more capital equipment, which is what the expensing provision of the new tax reform bill allows us to do. And the second leg of that is hiring more people which we are furiously working on right now.”

And:

"So what the tax reform package is allowing us to do is really dial up our capital spending even more, so we are going to try to achieve 50 percent revenue growth next year in 2018 over 2017."

Watch Varney’s interview with Eberhart here.

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