The story quoted company CEO David Behrens as saying that Complexus Medical had made more than $1 million in capital investments, such as precision machining, in 2012, and was planning to increase its workforce from 70 to 100 people once its 15,000-square-foot expansion was completed in the spring of 2013 -- an expansion made necessary because of an increase in business.
This is how the South Bend paper reported Behrers comments:
"'It's hard to keep this busy," he said, noting growing is not easy. "It's tough to sleep when you've got more work than you can do. And when you don't have enough," he said. "So either way you wake up in the middle of the night thinking about it.'"
As Consumers Union reported after an extensive study of the industry's profitability, the vast majority of medical device makers are doing very well financially and are thriving even with the tax. It quoted the accounting firm Ernst and Young as saying the leading U.S. medical device makers have been logging record profits in recent years.
They just don't want to give up a penny of the new Obamacare revenue they're getting to help more people get access to the care they need.
The millions they're spending to get the tax repealed is just a tiny fraction of their revenue and profits, but it's an investment that will pay off bigtime for shareholders if they're successful.
And Democrats, many of whom voted for Obamacare, are pocketing much of the industry's cash.
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