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Blog Entries from 2014

Supporting Manufacturers on Manufacturing Day and Every Day

Manufacturing is a crucial contributor to the economy of North Carolina and the entire United States.

Guest blog post by Greg Sizemore is the Director of the International Trade Administration’s U.S. Commercial Service team in North Carolina.

Cross-posted from Trade.gov.

Manufacturing is more than just a cornerstone of the U.S. economy; it’s a cornerstone of modern life.

The screen you’re reading this on is a manufactured commodity. The radio you’re listening to, the car you drove to work, the smartphone your kids keep staring at – your refrigerator, your TV, your medicine – all manufactured goods.

Many headlines about U.S. manufacturing are negative, focusing on increased global competition in the sector, but the fact is that the U.S. manufacturing industry is growing, it’s supporting jobs, and it is supporting higher quality of life here in the U.S. and around the world.

Manufacturing is also a major source of U.S. exports, and the International Trade Administration estimates that one in four U.S. manufacturing jobs is supported by exports. That’s huge for our economy and I’m glad that we’ll celebrate the industry on Manufacturing Day on October 3.

Here in North Carolina, our manufacturers are creating and exporting billions of dollars’ worth of transportation equipment, chemicals, electronics products plastics, and more. I’m glad that my office in Charlotte and our other Export Assistance Centers in the state get to work with local manufacturers to find opportunities to sell their quality products in foreign markets.

If you’re a manufacturer looking to do business overseas, here are some of the services an Export Assistance Center can provide for you:

  • Market Research: Find out you product’s potential in a given market. Learn about specific regulations that could affect your business model. This kind of information is crucial for your export strategy.
  • Gold Key Matchmaking: Who are the best distributors in a market? What potential joint venture partners exist? What are the best government contacts for you to have? We can find those contacts, make introductions, and make sure you spend your time doing what’s most important: managing your company.
  • Trade Missions: Imagine you could go on a trip to a target market, surrounded by market and industry experts, and meet the foreign government and industry leaders most relevant to your business. That is a trade mission. We connect you to the most relevant opportunities and contacts to make sure you have every advantage to being successful in a market.
  • Trade Leads: We have commercial diplomats on the ground in more than 70 global markets and they have their fingers on the pulse of the business environment. Let us tell you the most current and relevant opportunities for your business around the globe.

You should also consider attending an event in our DISCOVER GLOBAL MARKETS Business Forum Series. We have export-promotion events coming up in New York, Georgia, Minnesota, and – of course – North Carolina, to support your business in competing abroad. There’s no better event to give your company a leg up in the global marketplace.

There are many other ways the Commercial Service can support your manufacturing business, so contact your nearest Export Assistance Center for assistance.

As Manufacturing Day approaches, I want to thank the 50-plus North Carolina-based manufacturers who are opening their doors to the public on October 3. I hope many of you in the Tar Heel State, and around the country, will participate in Manufacturing Day this year!

Data Innovation Summit: Taking Advantage of Boston’s Big Data Movement

Under Secretary Mark Doms Speaks at the Big Data Innovation Summit in Boston, MA

Guest blog post by Mark Doms, Under Secretary for Economic Affairs

Cross-posted from ESA.gov.

I was honored to deliver the keynote address this morning to over 800 of today’s data leaders.  In preparation I had one goal: to tell the story of data -- how far the Department of Commerce has come and it’s potential for the future. These are exciting times. Over the past decade, jobs in data fields have grown at a rate 6 times faster than the economy as a whole, and these jobs pay 73% more than the typical American job.

The federal government provides fundamental statistical building blocks about our population, our economy, and our climate. This information is so pervasive that people often are unaware they are using government data. For instance, one survey found 301 billion weather forecasts are consumed per year -- information that is delivered by an array of sources, but begins with the National Weather Service, part of the Commerce Department’s National Oceanic and Atmospheric Administration. Indeed, many of the companies attending the Big Data Innovation Summit today in Boston rely heavily upon government data.  

Since 1790, when the first Census occurred, our government has taken the time to collect information that tells the demographic and economic story of our nation. We take this commitment very seriously at the Department of Commerce and we welcome user input.  

Minority Businesses Keep the “Made in America” Brand Strong

Recent studies have shown that the pace of growth in the U.S. manufacturing sector continues to rise. Minority businesses are playing an integral part in that growth and are helping to keep the “Made in America” product strong.

This year, the Minority Business Development Agency recognized two businesses for outstanding manufacturing impact and achieving significant success in employing new and innovative techniques that led to a significant increase in market share, job growth and customer satisfaction.

The first was Detroit Manufacturing Systems, LLC (DMS). DMS currently has more than 700 employees and develops state-of-the-art automotive interior systems. By utilizing the latest technologies, DMS assembles and manufactures injection molded interior trim components for global automotive brands, all with a firm commitment to quality and efficiency.

The second award was given to Ruiz Food Products, Inc. Fred Ruiz cofounded Ruiz Food Products, Inc., with his father Louis in a small warehouse in Tulare, Ca. in 1964. The company is now celebrating its 50th anniversary, and employs 2,300 people. Ruiz Food Products has three manufacturing facilities – in Dinuba, Calif., Tulare, Calif., and Denison, Texas – and recently purchased another facility in Florence County, S.C.

Securing Intellectual Property Protection Around The World

Deputy Under Secretary of Commerce for Intellectual Property and Deputy Director of the USPTO Michelle K. Lee  in Geneva

All inventors—everywhere—deserve to have their inventions protected and promoted through intellectual property (IP) law everywhere. That is why the United States Patent and Trademark Office’s (USPTO) international IP focus—both in terms of policymaking and in IP processing—specifically advances us toward a world of global IP promotion and protection. And that is why USPTO’s senior leadership, led by Deputy Under Secretary of Commerce for Intellectual Property and Deputy Director of the USPTO Michelle K. Lee, has spent the last week leading the United States’ delegation at the World Intellectual Property Organization (WIPO) General Assembly in Geneva, Switzerland. Working with their colleagues from other major IP offices across the globe, the USPTO remains focused on Building a Better Patent System both at home and abroad.

One focus of Lee and her team in Geneva has been advancing the Global Dossier project, a signature initiative of the IP5. The IP5 includes the five largest patent offices in the world—ours, as well as Europe’s, China’s, Korea’s, and Japan’s. The USPTO hosted the 2013 IP5 meeting in Cupertino, California, where members agreed to create a one-stop-shop for applicants to file and manage a global portfolio of patent applications.

An effective Global Dossier program allows an inventor to more easily travel on the Patent Prosecution Highway, or PPH. This program ensures an inventor applying to two patent offices can benefit from those offices coordinating on the examination process. As those bilateral partnerships grew, however, it became clear that common rules of the road were needed across all PPH participating nations. Thus at the beginning of this year USPTO launched the Global PPH program, which ensures that all PPH-participating countries adhere to the same work-sharing standards. The Global PPH program now has 17 participating offices, with Singapore and Austria scheduled to join later this year.

Of course obtaining a patent faster and cheaper only matters if it is enforceable.

Commerce in the Community: Paramount Pictures Works with Local Partners to Promote Opportunity Through High-Impact Education and Mentorship Programs.

Frederick Huntsberry - Commerce in the Community

Ed. Note: This post is part of the Commerce in the Community series highlighting the work of community leaders and organizations that are strengthening the middle class and providing ladders of opportunity for all Americans.

Below is an interview Frederick Huntsberry, the Chief Operating Officer of Paramount Pictures, a position he has served in since 2006. Mr. Huntsberry started his career in entertainment in 1997 at Universal Studios and later NBC Universal where he held various positions in Finance and Business Development, as well as President, NBC Universal Television Distribution where he was responsible for all U.S. first-run syndication and domestic and international television distribution sales activities. His last position was President, NBC Universal International, where he provided strategic direction for new business development growth opportunities, as well operational oversight for international TV distribution and global networks.

Question 1: Tell us about your team at Paramount. What is your mission and main focus?

As Chief Operating Officer at Paramount Pictures, I oversee worldwide strategic planning and operations for the studio. Paramount Pictures, a subsidiary of Viacom, is a producer and distributor of feature films that have entertained audiences around the world for over 100 years. In addition, last year we announced the formation of Paramount Television which focuses on the production of made for television and digital content. We are proud of the content we create, but we’re equally inspired by the tremendous volunteer spirit of our company and employees.

What Manufacturing Really Looks Like Today

What Manufacturing Really Looks Like: Celebrating Manufacturing Day

Did you know that over 70 percent of Americans view manufacturing as the most important industry for a strong economy and national defense, but only 30 percent of parents encourage their kids to enter manufacturing? Or that the manufacturing sector has added more than 700,000 jobs over the last four-and-a-half years and is growing at twice the rate of GDP? Clearly there is a disconnect. The future of American manufacturing is bright and provides many benefits, both in the number of high-quality, good paying job opportunities and the sector’s contribution to the U.S. economy.

Here is what manufacturing really looks like today:

  • Manufacturing supports 17.4 million U.S. jobs
  • Manufacturing career opportunities include engineers, designers, machinists, computer programmers among others
  • The annual average salary of entry-level manufacturing engineers is nearly $60,000
  • The annual average salary of manufacturing workers is more than $77,000, which is approximately 17% more than similar workers employed in other sectors
  • For every $1.00 spent in manufacturing, the sector creates $1.32 for the U.S. economy
  • Manufacturing comprises 12.5% of the American GDP
  • In just five states manufacturing adds over half a trillion dollars to the economy

Manufacturing is vital to our economy and depends on a skilled workforce. Companies are reporting they have jobs they can’t fill due to a skills gap. Therefore, National Manufacturing Day, which takes place this year on October 3rd, celebrates the contributions of manufacturing the U.S. economy and the wide variety of careers that it offers. Over 1000 manufacturers from around the country are opening their doors in an effort to inform and engage the public about the industry and to attract a new generation of manufacturing workers. Make sure to find and attend an event in your area!

Three Takeaways from National Network for Manufacturing Innovation (NNMI) Day

Secretary Pritzker enjoying NNMI Day with Senator Sherrod Brown and Congressmen Joe Kennedy and Tom Reed

Last Thursday, U.S. Secretary of Commerce Penny Pritzker participated in the National Network for Manufacturing Innovation (NNMI) Day on Capitol Hill event. She was joined by Sen. Sherrod Brown, Reps. Joe Kennedy and Tom Reed, several business leaders and the directors of the newly established pilot Institutes of Manufacturing Innovation. NNMI Day was an opportunity to showcase the successes of the four pilot institutes in North Carolina, Youngstown, Chicago, and Detroit in the areas of additive, digital, electronics, and modern metals manufacturing. In early 2014, President Obama announced a new competition for the next manufacturing innovation institute, focused on composites materials and structures, which is the first of four additional institutes the President committed to launching this year in his State of the Union address, for a total of eight pilot institutes nationwide.

During the event Thursday, Hill staffers and other attendees had the opportunity to hear from the pilot institute directors and several private sector partners about how a National Network for Manufacturing Innovation would help improve U.S. competitiveness, increase domestic production and accelerate development of an advanced manufacturing workforce.

The following are three main takeaways from the speakers and panelists:

Lessons Learned: Exploring the Value of Open Data on Capitol Hill

Lessons Learned: Exploring the Value of Open Data on Capitol Hill

Cross blog post by Mark Doms, Under Secretary for Economic Affairs

Government data helps drive our economy and will increasingly become more important in the future. Thursday, I had the opportunity to speak on this topic at a congressional briefing hosted by U.S. Senator Mark Warner (D-VA), Chairman of the Budget Committee’s Government Performance Task Force, and the Center for Data Innovation. Panelists included Daniel Castro, Director of the Center for Data Innovation, Kathleen Phillips, COO for Zillow, Tom Schenk, Chief Data Officer for the City of Chicago, and Steven Adler, IBM’s Chief Information Strategist.

We explored how government data is the foundation of the ongoing data revolution, fostering innovation, creating jobs and driving better decision-making in both the private and public sectors. The federal government is, and will continue to be, the only provider of credible, comprehensive, and consistent data on our people, economy, and climate. We also pointed to the findings in our recently released report,“Fostering Innovation, Creating Jobs, Driving Better Decisions: The Value of Government Data,” which found that billions in economic output and trillions in resource decisions are driven by federal data.

Daniel Castro, Director of the Center for Data Innovation, urged attendees to make sure Congress continues to invest in our data infrastructure. He highlighted the value of open data, ensuring that data flows more seamlessly between the public and private sectors. Castro also focused on the need to consider new ways to enable cooperation between government and industry to maximize the benefits of big data to the greatest number in society.

Zillow’s Chief Operating Officer Kathleen Phillips discussed how her company uses a wide variety of federal and local data to better connect buyers and sellers in the real estate marketplace. Zillow provides critical information in an easy to digest mapping format for over 50 million properties around the country. Their Zillow Home Value Forecast, fed in part by federal datasets, also predicts local home values. Zillow uses data from the Census Bureau, the Bureau of Labor Statistics, the Bureau of Economic Analysis, the Federal Housing Finance Agency and other federal sources to provide a real time evaluation of local real estate markets.

Deputy Secretary Andrews Lauds Software Industry for Helping Ensure America is Open for Business

Deputy Secretary Andrews Lauds Software Industry for Helping Ensure America is Open for Business

Today, U.S. Deputy Secretary of Commerce Bruce Andrews spoke about the software industry’s role in strengthening the economy at an event hosted by the Software and Information Industry Association (SIIA), the principal trade association for the software and digital content industry. During the event, titled “The Software Century: Analyzing Economic Impact & Job Creation,” Deputy Secretary Andrews talked with SIIA Vice President of Public Policy Mark MacCarthy about the Commerce Department’s efforts to support American businesses in the software and other high-tech sectors.

During the discussion, Deputy Secretary Andrews highlighted how the Department supports the software industry at practically every stage of development through our “Open for Business Agenda.” Those efforts include increasing broadband access across the country, linking small businesses and their customers with high-speed Internet, boosting manufacturing to provide the hardware software needs, and strengthening U.S. intellectual property protections, cybersecurity and consumer privacy.

Deputy Secretary Andrews also talked about data as a key department-wide strategic priority. Commerce is working to unleash more of its data to strengthen the nation’s economic growth; make its data easier to access, understand, and use; and, maximize the return of data investments for industries, including the software industry.

It was fitting, then, that SIIA today released a first-of-its-kind report providing detailed analysis and data related to the software industry’s output, productivity, exports and job creation. MacCarthy, former Under Secretary of Commerce for Economic Affairs Robert J. Shapiro, and representatives from Oracle, Intuit and GM discussed the report, titled “The Impact of the U.S Software Industry on the American Economy,” at the event.

The report epitomizes how government data is essential for industries to understand their contributions to the broader economy and how improvements can be made accordingly. Further, Deputy Secretary Andrews explained that the prevalence of the Commerce Department’s Bureau of Economic Analysis data throughout the report is a testament to the usefulness of the department’s data to help American businesses grow. The value of government data was recently highlighted in “Fostering Innovation, Creating Jobs, Driving Better Decisions: The Value of Government Data,” a Commerce report by the Economics and Statistics Administration (ESA).

Secretary Pritzker Says Increased Gender Diversity in Corporate Boardrooms is Vital to Economic Success

Secretary Pritzker Says Increased Gender Diversity in Corporate Boardrooms is Vital to Economic Success

Secretary of Commerce Penny Pritzker addressed the urgent need to boost our companies’ economic competitiveness by bringing more women into corporate leadership at the Global Conference on Women in the Boardroom, hosted by the Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies (SAIS). 

Pritzker noted that this pressing challenge of addressing the of a lack of women in corporate leadership is nothing new in American business. Female advancement in corporate America is stagnant. Women hold less than 5 percent of Fortune 500 CEO positions. Women hold less than 17 percent of board seats at Fortune 500 companies. And 10 percent of these companies have no women on their boards at all. 

Women in corporate leadership roles is not solely a women’s issue. Secretary Pritzker argued that it is an issue of economic competitiveness and the presence of more women in the boardroom is critical to companies’ creativity, performance, and ability to thrive in the 21st century. Leadership with diverse and different backgrounds typically mean more creativity, fresh ideas, and better outcomes. 

To increase the number of women in the boardroom, Secretary Pritzker recommended five steps to integrate gender diversity into corporate DNA:

  1. Engage men in senior leadership to look outside their known circle of colleagues.
  2. Develop deliberate strategies for recruitment, including establishing a rule that a board’s nominating committee must consider at least one woman per opening.
  3. Review the impact of internal policies on female employees, including sick, family, medical, and maternity leave, then change then where appropriate.
  4. Ensure equal opportunities for mentoring and professional development.
  5. Measure and disclose company’s diversity statistics and couple that with action. 

Secretary Pritzker committed herself to highlighting the issue of women in the boardroom, tout solutions, and advance diversity. She promised to continue to call on leaders to act – in government and in business and she will highlight companies that set the example, recruit more women to join their boards, and take action to improve their reputations and their bottom line. 

Secretary Pritzker concluded, “When women have a voice in corporate leadership, American companies thrive and the American economy prospers. When women have a seat in the boardroom, American business succeeds.”