The Illinois Manufacturers' Association (IMA) released the following statement today after the Senate approved legislation to increase the minimum wage to $15 per hour across the state:
"Manufacturers across Illinois are alarmed by the Senate's quick approval of legislation to raise the minimum wage across the state. This is particularly concerning for employers outside Chicago, where the cost of living is lower and it will be more difficult to absorb this 82 percent wage hike over a short five year period of time," said Mark Denzler, president and CEO of the Illinois Manufacturers' Association. "The IMA will continue to push compromise proposals in the House in the hope legislators recognize the detrimental impact this will have on businesses and the communities they anchor."
The Illinois Manufacturers' Association is the only statewide association dedicated exclusively to advocating, promoting and strengthening the manufacturing sector in Illinois. The IMA is the oldest and largest state manufacturing trade association in the United States, representing nearly 4,000 companies and facilities.