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Chemung, NY - The National Association of Manufacturers (NAM) and local New York manufacturing leaders, Vulcraft New York and Nucor Corporation, hosted U.S. Representative Tom Reed (R-NY) Tuesday for an event highlighting the recently signed tax reform legislation and its impact on the manufacturing industry.

"Manufacturers in New York and across America are more confident in our future now that historic tax reform is the law of the land," said NAM President and CEO Jay Timmons. "Tax reform was truly a game-changer for manufacturers, and it empowers us to hire more workers, create well-paying jobs, expand our operations and invest in our communities. It helps us do our part to continue building the American economy. The NAM is proud to have been in New York today to discuss the opportunities in New York's manufacturing sector, and we thank Congressman Reed for his continued support of our industry and of manufacturing workers."

During Tuesday's event, Reed toured Nucor's facility and took questions from manufacturing workers at an employee town hall. Rep. Reed also participated in a roundtable discussion among local business leaders where he addressed the most important issues facing New York's local business communities.

"Tax Reform is enhancing our economy and allowing businesses to create more good paying jobs," said Reed. "It is transformative for our region and it is great to have local employers such as Nucor-Vulcraft understand the importance of this legislation. I appreciate the opportunity to listen to employees and get their input on what tax reform means to not only their industry, but how it impacts their day to day lives."

Manufacturing contributes an estimated $2.17 trillion to the U.S. economy and supports 451,000 jobs in New York alone, according to the NAM. Tuesday's event focused on the increasing optimism among local manufacturers and the ways local business leaders plan to take advantage of the historic reforms.

"We thank Congressman Reed for his tireless efforts to overhaul our country's outdated tax code, with a focus on competitiveness. The changes included in the recently passed tax bill will incentivize manufacturing investment in the United States, creating good-paying American jobs and driving economic growth," said Chad Utermark, Executive Vice President, Nucor Corporation. "This legislation will enable Nucor to continue investing in our facilities and our people."

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