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Small Business

U.S. Small Business Administrator Karen Mills: Sequester Hurting Shipbuilding Suppliers

MOBILE, Alabama – Sequestration is “very bad for small business” and could end up hurting suppliers for ship building operations like those in Mobile, U.S. Small Business Administrator Karen Mills said.

“Small businesses, particularly those who supply a ship like this, will be suffering,” Mills said today shortly after ceremoniously breaking a bottle of champagne while serving as sponsor for the newly constructed USNS Millinocket, a joint high-speed vessel constructed at Austal USA in Mobile.

“Over 200 small businesses participated in making the Millinocket,” she added. “All across Alabama and all across the nation, small businesses will be cut back as a result of the Navy and military cutbacks due to the sequester.”

Read more at AL.com

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