U.S. Department of the Treasury

WASHINGTON – On Friday, March 25, Secretary Geithner will travel to Northwest Arkansas to meet with regional business leaders to discuss how government and the private sector can work together to out-innovate our competition. Secretary Geithner’s visit will be an opportunity to hear first-hand from leaders of Arkansas businesses – large and small – about their efforts to create the jobs of the 21st century and discuss the Administration’s efforts to encourage innovation, investment and hiring. In conjunction with the Secretary’s visit, Treasury will release a new report detailing the economic benefits of the President’s Fiscal Year 2012 Budget proposal to enhance the Research & Experimentation (R&E) tax credit.

Following a private roundtable meeting with a group of business leaders at the Arkansas World Trade Center, which is affiliated with the University of Arkansas, Secretary Geithner will visit the manufacturing plant and labs of NanoMech, an award-winning, innovative small business that uses nanotechnology to manufacture products with broad applications, including machining and manufacturing, lubrication and energy, and biomedical implant coatings. The President’s proposal to expand and make permanent the R&E tax credit will benefit innovative companies like NanoMech and increase their investments in research projects. Following the tour of the plant, the Secretary will host a brief media availability.

WHO:            Tim Geithner, Secretary of the Treasury

WHAT:Media Availability Following Tour of NanoMech Manufacturing Plant

WHEN:Friday, March 25, 2011

1:45 PM

 

WHERE:        NanoMech Manufacturing Plant and Labs

2447 Technology Way

Springdale, AR

 

To RSVP and for additional information and logistics, please contact Casey Mileham at 479-695-8076 (work) or casey.mileham@nanomech.biz.​