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Blog Category: Exports

U.S. Commerce Secretary Gary Locke Takes New Markets, New Jobs Export Tour to Los Angeles

Secretary Gary Locke Addresses Small Business Owners at APBO about the Resources that the Government is Providing to Connect Small- and Medium-sized Businesses with Foreign Buyers,

U.S. Commerce Secretary Gary Locke traveled to Los Angeles, Calif., today for the second stop of the New Markets, New Jobs small business outreach tour.  Joined by Los Angeles Mayor Antonio Villaraigosa and USC Marshall School of Business Dean James G. Ellis, Locke discussed the importance of exports to America’s economic recovery and job creation, and the resources that the government is providing to connect local small- and medium-sized businesses with foreign buyers, especially those from the Asia-Pacific markets, in order to help them sell more overseas and hire more at home.  

Announced on the one-year anniversary of President Obama’s National Export Initiative, New Markets, New Jobs is a year-long, interagency, multi-city outreach campaign designed to proactively bring government services to businesses across the country that are interested in exporting.  The tour was launched in Minneapolis in February, and will continue on to New Orleans, Louisiana in April and Wilmington, Delaware in May.

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Read the transcript: 
Exporting: A Personal Tale

Winning the Future Through Education and Commerce

Undersecretary Sanchez

Guest blog post by Francisco J. Sánchez who is Under Secretary for International Trade in the Commerce Department's International Trade Administration.

When we think about the vast work the Commerce Department does with exports, what do we picture? Food, perhaps. Textiles. Cutting-edge technologies. But what many don’t consider are the legions of international students who attend American colleges and universities. It might sound odd, but they are considered “exports.” Indeed, education plays a critical role in the work we do every day in the International Trade Administration.

That’s why I’m so pleased to announce that starting April 2, 2011, I will lead the largest education and services trade mission in the history of the U.S. Department of Commerce.  Accompanied by 56 U.S. colleges and universities, we will travel to Indonesia and Vietnam to expand U.S. educational opportunities for international students.

America is home to the best opportunities for higher education in the world.  More students come to the U.S. to study than any other country on the planet. International students’ tuition and living expenses alone brought almost $20 billion to the U.S. economy in the 2009-2010 academic year.

Our goals for this trip are extensive. Expanding U.S. educational opportunities for international students will have some direct benefits to our national economy.  By increasing domestic jobs and aiding innovation and research while strengthening our relations and ties abroad, the fact is that sharing our colleges with foreign-born students will make America that much more rich and robust.

Secretary Locke Kicks Off 'Compete to Win' Address Series in Columbus

Locke at podium with large projection screen behind him

U.S. Commerce Secretary Gary Locke traveled to Columbus, OH, today to deliver the keynote address at the 2011 Columbus Chamber of Commerce Annual Meeting.  This event launches Locke’s “Compete to Win” address series – an ongoing outreach effort to Chambers of Commerce across the country in which Locke will listen to the ideas and concerns of members of the business community and highlight Obama administration economic policies that are designed to spur growth and support job creation.

During his address, Locke highlighted President Obama’s plans to strengthen the economic recovery, create jobs, help businesses succeed, and position America to win the future by out-innovating, out-educating and out-building our global competition.  He specifically discussed the administration’s focus on infrastructure and research and development investments, tax code reform and export promotion as top priorities that will help American businesses become more innovative, more competitive and more successful.  Locke also talked about Columbus’ own regional economic development strategy, Columbus2020!, and how administration policies will support and complement this initiative.   
 
Locke is scheduled to address the Dallas Regional Chamber on March 8 and the Metropolitan Milwaukee Association of Commerce on April 12.  Remarks

New Investment by Embraer in Florida Creates New Opportunities and New Jobs

Participants in ribbon-cutting ceremony

Guest blog post by Francisco J. Sánchez, Under Secretary of Commerce for International Trade

Yesterday I was honored to participate in the opening ceremony for the new Embraer assembly facility in Melbourne, Florida. Embraer is a Brazilian manufacturer of commercial, general aviation, and defense aircraft, and this new plant will employ up to 200 people from the area.

The ceremony embodied what I believe in about the future:

  • Exports create jobs;
  • The key to the future of the American economy is international trade; and
  • Economic integration among the nations of the hemisphere is how all of us remain competitive in the face of rising global competition.

The aircraft assembled in the new facility symbolize the growth of the hemispheric market and represents how international trade brings the economies of the hemisphere closer to each other.

Brazil and the United States understand that hundreds of millions of new consumers are giving birth to a new global market that will demand quantity as well quality.  Quantity and quality almost define Embraer itself.

Defining the future, too, are the United States and Brazil, which is why President Obama will be travelling to Brazil next month.  The gathering of dignitaries yesterday in many ways can be looked upon as part of the President’s visit to Brazil, for it incorporates the spirit and intention of the journey.

The United States is also interested in launching an Aviation Cooperation Program with Brazil.  We see this as a way of elevating and deepening our relationships with the Brazilian government and industry. 

All of us should embrace Embraer’s decision to build this assembly plant in Florida.  It foreshadows the greater future that lies before us and Florida – and before the United States and Brazil as well.

Secretary Locke Kicks Off New Markets, New Jobs Export Tour in Minneapolis

Locke on podium at tour event

U.S. Commerce Secretary Gary Locke traveled to Minneapolis, MN, today to launch the inaugural New Markets, New Jobs National Export Initiative Small Business conference.  Joined by U.S. Trade Representative Ron Kirk, Small Business Administration Administrator Karen Mills, Export-Import Bank Chairman Fred Hochberg, Deputy Secretary of Agriculture Kathleen Merrigan, Minnesota Governor Mark Dayton, and Minneapolis Mayor R.T. Rybak, Locke discussed the importance of exports to America’s economic recovery and job creation, and the resources that the government is providing to connect small- and medium-sized businesses with foreign buyers in order to help them sell more overseas and hire more at home.

Announced on the one-year anniversary of President Obama’s National Export Initiative, New Markets, New Jobs is a year-long, interagency, multi-city outreach campaign designed to proactively bring government services to businesses across the country that are interested in exporting.  After Minneapolis, the tour will make stops in Los Angeles, Louisiana, and Wilmington, DE.  Remarks

Successful Trade Mission to India Wraps Up Today

Secretary Locke Meets a Member of the Dabbawala Association Organization

After the final day in Mumbai, Secretary Locke and delegates from the 24 U.S. businesses who travelled to India on the six-day high-tech trade mission to India wrapped up their business.

Secretary Locke said, “This trade mission was a resounding success.  For some companies on our trip, ‘success’ was an initial meeting or consultation with Indian government or business leaders that will lead to deals down the road. For others, success was more immediate with some companies leaving India on the cusp of making multimillion dollar sales.  Either way, these companies have made important inroads into one of the most promising high-technology markets in the world.”

On Friday morning, Secretary Locke met with the executive committee of the U.S- India Importers’ Council, an initiative developed to support Indian companies that import goods and services from the United States.  The mission of this Council is to advance President Obama’s National Export Initiative, and to support the efforts of Indian companies that import products from the U.S.
 
Locke then visited Mumbai’s legendary Dabbawala Association organization to learn about their unique logistics operation that delivers home-cooked food to hundreds of thousands of people daily.  Association president Raghunath Medge provided Locke with an overview of the organization’s labeling and sorting methodology and the dispatch process. Dabbawala’s lunch delivery service has been cited as a model of entrepreneurship and supply chain management at the grass-roots level. In the afternoon, Locke engaged in multiple bilateral meetings with Indian officials.

India Trade Mission Has Been a Success for Pelican Products

Scott Ermeti, VP Marketing and International Business, Pelican

Guest blog post by Scott Ermeti, Vice President, Marketing and International Business at Pelican Products.

Ed note: Pelican Products is a manufacturer of watertight protective cases, submersible flashlights and ATEX certified torches.

We are nearing the end of Secretary Locke’s weeklong “India High Tech Business Development Mission” and by nearly all measures it has been a success for Pelican Products.  As a mid-sized American manufacturer of high-performance protective cases & packaging solutions and portable lighting equipment, it would have been very difficult for us to have received such a fine and rapid indoctrination to the Indian market elsewhere. 

Multiple meetings and presentations have educated us on the enormous opportunities that exist here:

  • The Indian “middle class” is made up of more than 300 million persons; larger than the entire U.S. population
  • The Indian economy is forecasted to grow at a rate of 7-9% for the next five years.
  • The Indian government is forecasted to spend:
    • $50 billion dollars in Aerospace and Defense improvements in the next five years
    • $1 trillion in infrastructure improvements such as roads, bridges, and airports in the next five years.
  • Currently manufacturing makes up only 16% of Indian GDP, but the goal is to increase that percentage to 25% over the next 10 years.

Secretary Locke Arrives in Mumbai for Final Stop of High-Tech Trade Mission

Locke with Indian CEOs in Mumbai

Locke meets with Chairman Ambani of Reliance Industries and other Indian CEOs

Commerce Secretary Gary Locke returned to India’s business center today for the final stop of his high-technology trade mission to India – which he announced during President Obama’s trip last November. Locke is joined by a delegation of 24 U.S. businesses seeking to promote their technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology to India. Locke is the first Cabinet secretary to travel to India after President Obama’s visit.

At a speech he delivered to members of the Federation of Indian Chambers of Commerce and Industry (FICCI) and the American Chamber of Commerce (AMCHAM) in Mumbai, Locke highlighted the U.S.-India commercial relationship and encouraged development of new business opportunities between the members of the delegation and their Indian counterparts. He also talked about the great progress India has made in opening its markets to U.S. companies but he noted that much more work needs to be done.

“If India continues its walk down ‘the path of reform,’ if it continues to become more open to the investments and the innovations of foreign companies – like the 24 companies I have with me this week – it will stand a much better chance of meeting the needs of its people and of helping to lead the global economy in the 21st century,” said Secretary Locke. “We've made important progress this week, not just to lay the groundwork for more sales of U.S. goods in India, but to take another real step towards strengthening the bonds between the governments, the businesses and the people of India and the United States.”

While in Mumbai, Locke also met with Indian CEOs, including Chairman Mukesh Ambani of Reliance Industries, who are part of the U.S.-India CEO Forum as a follow up from their meeting during President Obama’s trip to India in November. Locke solicited the group’s goals for the 2011 forum and they discussed a wide range of critical issues, including clean energy, standards and education.

Trade Mission to India Brings Tangible Benefits to Kulite

Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Guest blog post by Dr. Tonghuo Shang, Vice President, Technology Development and Asia Operations at Kulite Semiconductor Products, Inc.

Ed Note: Kulite is the world leader in pressure transducer technology, serving several high technology industries such as Aerospace, Flight Test, Automotive, Motor Sports and Industrial Processes.

Today I just concluded my portion of the journey with the India High Tech Mission. While I regret that I won’t be traveling to Mumbai with fellow delegates, the fact that most Kulite customers are in the Bangalore area necessitates that I stay here and meet them individually. This trip is a memorable experience for me, in what Kulite has achieved, as well as in the friendships with other delegation members.

At the start of the mission Secretary Locke asked delegates to evaluate the mission, and to identify the factors that made it a success. I think the most important factor is the elevated profile that a government delegation brings. With Secretary Locke we were able to listen to several key Indian Ministers and hear their ambitious plans for India, and their upbeat economic outlook. The US Commercial Service, being a government entity, is also a valuable and effective resource. Case in point - on Tuesday, the delegation met with the General Managers of Hindustan Aeronautics Limited. After listening to their presentation I requested a follow-on meeting with one of the HAL divisions. The in-country staff located the contact point and developed a meeting plan within two hours!

This mission brings tangible benefits to Kulite. I am able to evaluate the market potential in a very short amount of time, and sees clear business growth in the next two years. I would like to thank the entire DoC team for their tireless effort putting this together. The seamless planning and personal attention to each company is remarkable. Trade missions like this are highly recommended, especially for small and mid-sized companies when resources are limited.

Good luck to my fellow delegates in Mumbai.

Kent Displays: Trade Mission to India Working for Companies of All Sizes!

Dr. Al Green, CEO of Kent Displays

Guest blog post by Dr. Albert Green, CEO of Kent Displays. 

Ed note: Founded in 1993, Kent Displays, Inc. is a world leader in the research, development and manufacture of Reflex™ No Power LCDs for unique, sustainable applications including electronic skins, writing tablets, smartcards and eReaders. Improv Electronics was formed in 2010 as the consumer products subsidiary of Kent Displays. 2010 sales of its first product, the Boogie Board™ LCD Writing Tablet, exceeded forecast by 10 times. Its paperless LCD technology represents a significant opportunity to reduce global paper consumption for everyday tasks such as memos, reminders, to do lists, sketching and other writing and drawing activities.

Kent Displays is honored to be a representative on this trade mission to India. It’s only a few days into the mission, and the benefits of participating are already immeasurable. I cannot begin to express my gratitude to the U.S. Commerce Department and Secretary Gary Locke for organizing the trip and selecting Kent Displays for the business delegation.

Going into the trade mission, Kent Displays had limited focus on the India market. We considered a greater focus in the past, but decided that the upfront exploratory effort to “get the ball rolling in India” would require a commitment beyond our available resources.

By participating in the mission, we hope to gain a better understanding of its business, government and consumer dynamics. We also expect to establish relationships with business and government leaders that would help identify immediate and future business opportunities. In the final analysis, this mission is the impetus for convincing us that now is the time to explore business possibilities in India.