New legislation making its way through Congress could give manufacturers the means to thrive on Long Island. The Manufacturing Extension Partnership Improvement Act, introduced in April, would make numerous improvements to the Hollings Manufacturing Extension Program (Hollings MEP). MWE’s Tax Director Joe Pizzimenti, Esq. and Partner Craig Savell, CPA spoke with Innovate LI about the positive impact this proposed legislation can have on small and medium sized manufacturers.
“State and federal officials are “keenly aware that there is more that can be done for American small businesses,” noted Pizzimenti.”
“The cost of manufacturing is so prohibitive on Long Island, between the cost of real estate and the cost of labor,” Savell told Innovate LI. “It makes it very difficult for them to sustain themselves.” Read More>>