Press Releases

Reed’s Caucus Spotlights How Trade Preserves Jobs and Saves Money

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Washington, DC, March 5, 2015 | comments

The House Manufacturing Caucus co-chaired by Congressman Tom Reed held its first meeting of the new congress Wednesday. The caucus heard the benefits of trade; according to recent estimates, trade supports nearly 40 million American jobs. US trade agreements save the average American family more than $10,000 a year.

Congressman Tom Reed released the following statement:

“Trade is an issue of central importance to American manufacturing. Ninety-five percent of consumers live in other countries that is why we must ensure that we make it here and sell it there. We need to ensure that trade deals are fair and create access to foreign markets. In the Southern Tier and Finger Lakes we have some of the most innovative companies that provide crucial high-tech jobs to many in our communities. It is my hope that the House Manufacturing Caucus fosters these high-tech manufacturing jobs.”

Mike Heine, Vice President and General Manager, Vulcraft of New York, Inc., one of the Witnesses testifying at the hearing said:

"We thank Congressman Tom Reed for providing Nucor the opportunity to share our priorities on trade issues with the House Manufacturing Caucus.  His leadership on the Manufacturing Caucus is important for focusing on issues that impact American manufacturers.  It is important that we continue to emphasize the need for strong trade enforcement and we welcome Congressman Reed's strong support."

*Yesterday’s hearing is the first in a series which will focus on: How to Create Manufacturing Jobs in the United States.*

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