Specialty Tools & Fasteners Distributors Association, American Bakers Association, and National Shoe Retailers Association Sign on as New Family Enterprise USA Association Members

Three Family Business-based Associations Join to Support Family Businesses, Create Stronger Voice on Capitol Hill 

Three industry associations, the Specialty Tools & Fasteners Distributors Association, the American Bakers Association, and the National Shoe Retailers Association have signed on as new Family Enterprise USA Association Members, helping to give a stronger voice to America’s largest private employer, family businesses.

The 2,200-member strong Specialty Tools & Fasteners Distributors Association (STAFDA), founded in 1976 and based in Elm Grove, Wis., has member companies comprised of distributors, associate/manufacturers, publishing affiliates, manufacturer representatives, and agents in the tool and fastener distribution industries, a large percentage of which are generationally-owned family businesses.

The American Bakers Association (ABA), based here, is the largest, most established, and diverse trade association for the commercial baking industry in the United States. ABA’s community includes more than 350 member companies, with many being family businesses. The group also represents over 1,200 commercial baking facilities and the larger baking industry supply chain.

The National Shoe Retailers Association, and its 2800 members, represents independent, family-owned and operated shoe stores. The NSRA, located in Tucson, Ariz., have members primarily located in a traditional downtown environment for decades.  With Main Street economics changing the retail landscape over the years, many family-operated shoe stores today are located in strip centers or enclosed malls.

Voice of Family Business

Family businesses are the largest private employers in the country, accounting for 83.3 million jobs, or 59 percent of the country’s private workforce, and contribute $7.7 trillion in GDP annually to the economy, according to research.

A key mission of Family Enterprise USA is to raise awareness among legislators of the importance of generationally-owned family businesses to the economy while also addressing unfair taxation, workplace development, and regulations that hurt family business success.

“The support from these three important associations for Family Enterprise USA, and our bipartisan mission to advocate for family businesses on Capitol Hill, helps educate our legislators on the size and strength of family businesses in all industries throughout America,” said Pat Soldano, President, Family Enterprise USA and the Policy and Taxation Group, both bipartisan advocates for family business. “Many members of these associations are family businesses, and many are big businesses employing hundreds of workers,” she said. “Our leaders, with the help of these associations, must understand how vital they are to our economy.”

Policy and Taxation Group is the Voice for Family Offices and Successful Individuals in Washington, DC focused exclusively on the critical tax and economic policies that impact them.

Since 1995, Policy and Taxation Group has been the leading advocacy group working to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income tax and capital gains taxes, the creation of a wealth tax, and other hostile tax policies that punish hardworking taxpayers and success.

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