US companies might use tax reform profits to invest in automation, experts say

[McFurd]

Fox Business - 10/9/2017 - Brittany De Lea - If Republicans successfully pass tax reform, U.S. companies could use the resulting cash windfall to make investments they have been holding out on, including in automation, market experts say. “We would see a variety of investments get made that CEOs and CFOs have been holding back on,” Matt Litfin, a portfolio manager of the Columbia Acorn fund at Columbia Threadneedle Investments, told FOX Business. “One of the higher … quicker payback investments that companies have been looking at are [in] automation.” http://www.foxbusiness.com/markets/2017 ... s-say.html