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Blog Category: International Trade Administration

Leading the Way for U.S. Aerospace Companies at the Singapore Air Show

Assistant Secretary Nicole Y Lamb-Hale (third from left) with the staff of the U.S. International Pavilion at the 2012 Singapore Air Show.

Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade Administration

This week I’m in Singapore leading a delegation of fifteen small and medium sized U.S. aerospace companies to the 2012 Singapore Air Show. The delegation is part of the overall presence of U.S. companies at the U.S. International Pavilion, which this year featured more than 70 companies, 27 of whom are first time exhibitors. In total, more than 170 U.S. companies are exhibiting at the air show, which is Asia’s largest aerospace and defense event and one of the top three air shows in the world.

One of the highlights of my trip was witnessing a signing ceremony between Boeing and Indonesia’s Lion Air. Lion Air has agreed to buy 230 new 737-model aircraft from Boeing, valued at $21.7 billion, making it the largest commercial deal in company history. The sale is estimated to support 110,000 industrial jobs in the U.S.

Secretary Bryson Addresses Los Angeles-Area Business Leaders About the Value of Trade with China

Secretary Bryson Joins Los Angeles-Area Business Leaders for a Roundtable Discussion

Today, Secretary Bryson returned to his home city and led a roundtable with Los Angeles-area businesses about trade with China. Bryson delivered the message that the U.S. and China need greater balance in our trade and economic relationship–and a level playing field for American businesses. To ensure a level playing field, the president has requested funding for an Interagency Trade Enforcement Center coordinated through the Commerce Department’s International Trade Administration and the U.S. Trade Representative’s office. This will allow additional advocates for businesses to challenge unfair trade rules and practices throughout the world.

Bryson shared that in the past two years, U.S. exports to China have grown by almost 50 percent and they exceeded $100 billion for the first time in 2011. Vice President Biden has told China's Vice President Xi that America hopes that China does more to allow and encourage increased domestic consumption among its people, and this week they committed to allow non-Chinese companies to compete in selling motor vehicle insurance.

With its enormous size, the Chinese market is ripe for made-in-America products and Bryson encouraged the assembled businesses to explore exporting. In fact, the Commerce Department has 120 Foreign Commercial Service officers in China ready to help them enter the Chinese market.

President Obama Announces First Annual SelectUSA Investment Summit

SelectUSA logo

Today President Obama visited Master Lock in Milwaukee, Wisconsin and announced that the Department of Commerce will host the first annual SelectUSA Investment Summit, bringing companies from around the world to meet with governors, mayors and local stakeholders, federal agencies, and state and local economic development organizations together to discuss the benefits of investing and growing in the U.S. The Summit will build on the Administration’s efforts to promote investment in the U.S. by providing an annual forum to attract and expand U.S. investment and address questions and issues that companies face when they choose where to invest globally.

Launched by Executive Order in June 2011, the Department of Commerce’s SelectUSA program is the first-ever federal effort to help attract, retain, and expand business investment.  Historically, U.S. states and cities have found themselves competing against foreign governments to attract business investments, with the federal government playing only a nominal role in the competition for global investment.  Rather than providing new incentives for investment, SelectUSA plays the critical role of advocacy, coordination, facilitation, and information-gathering and –sharing.
 
The program has already paid dividends for American workers.  Working hand-in-hand with SelectUSA officials, the Michigan Economic Development Corporation, and other local Michigan agencies, Canadian automotive company AGS Automotive recently elected to make an investment in excess of $20 million to add new manufacturing capabilities to permit it to manufacture bumper impact assemblies in Michigan.  The new business will likely represent in excess of $100 million in annual sales over the next 5 years and will enable AGS to retain approximately 50 jobs and create over 100 new jobs in Michigan.

Support for Manufacturers in the President’s FY2013 Budget Request

President's Fiscal Year 2013 Budget Request Logo

Yesterday the president released his FY2013 budget request and Secretary Bryson announced the Department of Commerce’s requests. In the president’s budget, there is strong support for manufacturers by increasing investments in advanced manufacturing, new trade promotion efforts, and innovation investments.

To strengthen and extend Advanced Manufacturing research, Commerce's National Institute of Standards and Technology is requesting an increase of $45M for a total of $135M. These laboratory efforts are further leveraged with a request of $21M to support the Advanced Manufacturing Technology Consortia Program, and $20M for a NIST Centers of Excellence program. These programs will strengthen public-private partnerships and accelerate innovation focused on manufacturing and technology development.

The president’s budget provides $128 million for the Hollings Manufacturing Extension Partnership (MEP) to improve the competitiveness of small- and medium-size firms in manufacturing and service industries through custom consulting and product testing.

U.S. Department of Commerce FY 2013 Budget Request

President's Fiscal Year 2013 Budget Request Logo

Secretary John Bryson today released the Department of Commerce’s fiscal year 2013 budget request that includes support for advanced manufacturing, new trade promotion efforts, innovation investments, finds $176 million in administrative savings.

The Commerce budget makes critical investments in advanced manufacturing, innovation, entrepreneurship and competitiveness and trade promotion and enforcement to help create jobs. The nearly 5 percent increase reflects President Obama and Secretary Bryson’s commitment to encouraging U.S. manufacturing and helping more American companies sell their goods and services overseas. The fiscal year 2013 request is $8 billion and requests $2.3 billion in mandatory funding. The Department also identified $176 million in administrative savings, reflecting a strong commitment to wisely stewarding taxpayer dollars and making tough choices to prioritize programs that support the Department’s core mission areas.

  • Advanced Manufacturing: Advanced Manufacturing: $156 million to expand NIST research in areas such as smart manufacturing, nanomanufacturing, advanced materials, and biomanufacturing, including  $21 million for the Advanced Manufacturing Technology Consortia program, which will provide grants to industry consortia to tackle common technological barriers to the innovation and manufacturing of new products.
  • Increasing U.S. Exports: $517 million for the International Trade Administration (ITA), including several key initiatives. The administration requests $30 million for critical investments in trade promotion to help more U.S. businesses reach the 95 percent of consumers who live outside our borders. This proposal also includes $30 million to send Foreign Commercial Service officers and locally engaged staff to high-growth markets to help support the National Export Initiative to meet the President’s goal of doubling U.S. exports by the end of 2014. The budget also supports a new trade enforcement unit-- the Interagency Trade Enforcement Center (ITEC), which will significantly enhance the administration’s capabilities to aggressively challenge unfair trade practices around the world (details below).
  • Attracting Investment to the U.S.: The $517M for ITA includes $13 million for SelectUSA to encourage, facilitate and accelerate foreign direct investment in the U.S. to create jobs and spur growth.

Additionally, as part of the administration’s efforts to revitalize manufacturing, the president’s budget proposes $1 billion in mandatory funding to establish a National Network for Manufacturing Innovation.

Acting Deputy Secretary Blank Meets with Frédéric Lefebvre, French Minister

Blank with minister Lefebvre shaking hands

Yesterday, Acting Deputy Commerce Secretary Rebecca Blank met with Frédéric Lefebvre, French Minister for Commerce, SMEs, Tourism, and Consumer Policy, at the Commerce Department to discuss ways to increase cooperation in the U.S.-France commercial relationship. Lefebvre is in Washington briefly before traveling to Miami for the World Symposium of French Trade Advisors on February 9–10.
 
In light of the Euro crisis, Blank and Lefebvre discussed French growth prospects and U.S. exports, as well as government initiatives, such as BusinessUSA, aimed at improving competitiveness, creating jobs and cutting bureaucratic red tape. They also talked about strategies that each government is pursuing to increase tourism and ideas for cooperation in order to increase trade and investment flows. In addition, Blank and Lefebvre talked about foreign direct investment through the SelectUSA program. Blank said she looks forward to continuing to strengthen the trade relationship between the two countries.

Working with Florida Businesses to Create an Economy Built to Last

Sánchez speaking with Vaughn after a White House Hispanic Community Action Summit

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

It’s always good to be back in my hometown of Tampa, Florida.

This morning, I was proud to participate in a powerful and productive discussion at a White House Hispanic Community Action Summit, which took place at the University of Tampa. It was another great opportunity for Obama administration officials and community leaders to exchange thoughts and perspectives about the challenges currently facing our nation.

Although a number of topics were discussed, there was one that was near the top of everybody’s agenda—the economy.

Sure, there’s been a lot of good news lately; all of us were very encouraged by today’s jobs report which showed that 257,000 private sector jobs were created in January and the unemployment rate fell to 8.3 percent.

Thanks to President Obama’s leadership, the United States has had 23 straight months of private sector growth, for a total of 3.7 million jobs over that period.

But, there’s still a lot of work to do to ensure that everybody who wants a job can get one.

Assistant Secretary for Trade Promotion and Director General of the U.S. & Foreign Commercial Service Suresh Kumar to Return to the Private Sector

After two years leading the Commerce Department’s U.S. and Foreign Commercial Service (USFCS), Assistant Secretary for Trade Promotion Suresh Kumar announced his decision today to return to the private sector.

The USFCS, which is part of Commerce’s International Trade Administration, is a global network of trade specialists with offices across America and in more than 70 countries around the world. The organization’s job is to help connect U.S. companies looking to sell their products overseas with foreign buyers.

On Kumar’s watch, the Commercial Service has gotten better results with fewer resources. It’s also gone from an organization that tended to measure its progress with difficult-to-quantify anecdotes to one that’s metrics driven – a change that’s been critical in helping determine what’s working and what isn’t in the Department’s efforts to meet President Obama’s National Export Initiative goal of doubling U.S. exports by the end of 2014.

“Ultimately, leaders are measured by whether they leave an organization better than they found it,” U.S. Commerce Secretary John Bryson said. “With the changes Suresh helped usher in, the U.S. and Foreign Commercial Service is, without question, in a better position to succeed today.  “Improvements to the technology available to USFCS staff and the repositioning of Commercial Service Officers to markets with the best potential for U.S. export growth will benefit American businesses eager to export for years to come.”

Just a few statistics illustrate how the organization has grown stronger and more effective during Kumar’s tenure:In 2009, 158 U.S. companies went on Commerce-organized trade missions. Last year, there were 527.In 2009, there were 8,900 participants in Commerce’s International Buyers Program, which recruits qualified foreign buyers, sales representatives and business partners to U.S. trade shows. Last year, there were 15,600.

“Those measurements tell a good story, but the statistic that’s most important to me and to the President is 303,000; that’s the number of jobs supported last year by the exports the USFCS helped facilitate,” Bryson said.That figure has more than doubled since 2009. “We wish Suresh the best in his future endeavors, and I know he’ll continue to support the expansion of global trade in the private sector.”

Kumar has agreed to stay on until March 2 to help with the transition.

North Carolina Manufacturing is Supporting an Economy Built to Last

Sanchez tours manufacturing plant in North Carolina

Guest blog post by Francisco J. SánchezUnder Secretary of Commerce for International Trade

Good things are happening here in North Carolina.  

Today, I’ve had the pleasure of spending some time in the Tar Heel state, visiting companies, meeting with business and community leaders, and seeing up close just how a thriving manufacturing sector is positively impacting jobs and the economy.

The morning began with a tour of Parkdale Mills, a yarn company that was founded nearly a century ago with one mill and less than 200 employees.

In the years since—despite all the changes that have occurred in the industry—Parkdale has done more than survived. It’s thrived. The numbers are staggering.

Federal Government Help for Manufacturing Companies: How Commerce Contributes

US-Made Auto Parts

In last night's State of the Union address, President Obama laid out proposals for how to bring about a new era of American manufacturing, with more good jobs and more products stamped Made in the USA.  A few of the proposals are:

  • Reward companies for bringing jobs back to America.
  • Lower tax rates for companies that manufacture and create jobs in the United States.
  • Get tough on trade enforcement.
  • Create more jobs and make us more competitive by rebuilding America using half of the savings from ending foreign wars.

These proposals build upon the efforts already underway by the White House.

At the Department of Commerce, we support manufacturers in a multitude of ways: