"The border adjustment works both ways for us. We feel as though it's a potential benefit primarily because of the tax implications it has moving forward," he said.
Republicans look to Donald Trump to help bolster tax on imported goods →
"All of McIlhenny Company and the McIlhenny and Avery families are deeply saddened by this news," Mr. Simmons said in the company's statement.
Tabasco family scion Paul McIlhenny dies at 68 →