Commerce.gov is getting a facelift soon. See the new design.
Syndicate content

Blog Category: Secretary of Commerce Penny Pritzker

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:

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.”

Commerce’s NIST Megacities Project on Improving Accuracy of Greenhouse Gas Measurements Named ‘Project to Watch’ by United Nations

Sensors located around Los Angeles provide measurements of greenhouse gas mixing ratios of carbon dioxide, methane and carbon monoxide. Aircraft, mobile laboratories and satellites contribute remote-sensing measurement.

A greenhouse gas field measeurment research program developed by scientists at the Commerce Department’s National Institute of Standards and Technology (NIST) and several collaborating institutions has been named a “Project to Watch” by a United Nations organization that focuses on harnessing big data for worldwide benefit. 

The Megacities Carbon Project was launched in 2012 to solve a pressing scientific problem: how to measure the greenhouse gases that cities produce. Urban areas generate at least 70 percent of the world’s fossil fuel carbon dioxide emissions, but gauging a city’s carbon footprint remains difficult due to the lack of effective measurement methods. The project aims to change that by developing and testing techniques for both monitoring urban areas’ emissions and determining their sources.

The large sensor networks that each city in the Megacities Carbon Project employs generate huge amounts of data that could reveal the details of the cities’ emissions patterns. It is the project’s use of this so-called “big data” that drew accolades in the Big Data Climate Challenge, hosted by U.N. Global Pulse and the U.N. Secretary General’s Climate Change Support Team. The ability to analyze big data—vast quantities of electronic information generated by many sources—has the potential to provide new insights into the workings of society, and Global Pulse is working to promote awareness of the opportunities big data presents across the U.N. system.

Launched in May 2014, the competition attracted submissions from organizations in 40 countries. The applicants ran from academia to private companies to government initiatives like the Megacities Carbon Project. Two projects earned top honors, while a total of seven were dubbed Projects to Watch.

“Built to Last” – Secretary Pritzker Talks to Investors about the Build America Investment Initiative

 Secretary of Commerce Penny Pritzker discussed the Administration’s efforts to “Build America” at the Infrastructure Investment Summit hosted by the U.S. Departments of Treasury and Transportation.

Today, U.S. Secretary of Commerce Penny Pritzker discussed the Administration’s efforts to “Build America” at the Infrastructure Investment Summit hosted by the U.S. Departments of Treasury and Transportation.  The Summit brought together senior Administration officials and more than 100 leaders from industry, finance, philanthropy, and local and state governments to highlight the urgent need to invest in our country’s infrastructure, build public-private partnerships, and develop strategies for increasing investment in sectors like transportation, water, telecommunications, and energy.

During her address, Secretary Pritzker described the central role the Department of Commerce is playing in expanding infrastructure investments and facilitating connections between government, investors, and local leaders.

The Secretary outlined several of the ways the Department is taking the lead. First is through SelectUSA, the first-ever government-wide program designed to attract and retain investment in the United States, which works to connect current and potential investors with local communities interested in attracting infrastructure investment.

Second is the work of the National Telecommunications and Information Administration (NTIA), which has strengthened our digital infrastructure though more than $4 billion in grants since 2009 to increase broadband access to underserved communities in all 50 states and the District of Columbia.

U.S. Department of Commerce Invests Nearly $2 Million to Support Entrepreneurs and Startups in South Carolina

U.S. Department of Commerce Invests Nearly $2 Million to Support Entrepreneurs and Startups in South Carolina

U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million investment to the University of South Carolina (USC)/Columbia Technology Incubator. The grant will support the building of a new startup center to serve as the regional hub for the development of entrepreneurship, incubation, and acceleration programs for early stage ventures across South Carolina. According to the grantee, the investment is expected to create 698 jobs and generate $11.9 million in private investment in the first five years of the project.

The Obama Administration and Commerce Department have prioritized supporting American innovation and entrepreneurship, which are key drivers of U.S. competitiveness, job growth and long-term economic growth. The EDA investment announced today will support an important infrastructure project that support public-private partnerships with the University of South Carolina to help local entrepreneurs and businesses grow.

EDA’s investment will support the construction a 50,000-square-foot technology and incubation facility. As the first development in a new technology corridor in USC’s Innovista Innovation District, the center is expected to serve as a critical facility for integrating USC and the Columbia Metro region's entrepreneurial activities. This facility will be able to take advantage of its proximity to the University of South Carolina's research activities, emerging technologies in the region, and student/faculty talent to help create a world class regional innovation ecosystem.

In addition, the investment will facilitate the co-location of entrepreneurs, technology startups, existing and mature technology ventures, and the region's community of entrepreneurial support organizations to create a mixture of talent, technology, capital, and mentoring. The grantee expects this co-location to facilitate the launch and acceleration of a new generation of technology ventures in the state.

Commerce Department Reports Demonstrate that Exports Continue to Help Spur U.S. Economy and Support Jobs

Exports of Goods Supported 7.1 million jobs in 2013

Guest Blog Post by Secretary of Commerce Penny Pritzker

The Obama Administration and the U.S. Department of Commerce today released two new reports that further prove exports are strengthening our economy and creating good jobs. I am very pleased that for the very first time, our department has released data detailing the number of jobs supported by goods exports in 2013 in each of the 50 states. A second report released today highlights the level of goods exports achieved by each of the nation’s 387 Metropolitan Statistical Areas in 2013.

Back in 2010, President Obama launched the first-ever national strategy to increase exports, the National Export Initiative (NEI), with the idea that American businesses could lead our economic recovery by selling more of their goods and services to markets all over the world. The NEI has been a remarkable success. The United States has broken export records for four straight years, hitting an all-time high of $2.3 trillion dollars last year, up $700 billion from 2009. And just four years after NEI was launched, we know that 1.6 million more Americans have export-supported jobs, bringing the total to 11.3 million Americans who wake up every day and go to work in jobs supported by exports.

Today’s new data show more evidence of the NEI’s success. The first report released today, Jobs Supported by Goods Exports from States in 2013, breaks down the national total of jobs supported by good exports in 2013, 7.1 million, into estimates of the number of jobs in each state that are supported by goods exports. Texas exports supported more jobs – an estimated 1.1. million – than were supported by the exports from any other single state. Data show that goods exports from Texas, California, Washington, Illinois and New York supported an estimated 3 million jobs, or 43 percent of all U.S. jobs supported by exports in 2013.

Travel Journal: There’s No Place Like Nome!

Secretary Pritzker reviewing plans in Nome, Alaska with Joy Baker, Col. Christopher Lestochi and NOAA Administrator Dr. Kathryn Sullivan

Last week, I embarked on my first trip as Commerce Secretary to Alaska to see how the Last Frontier directly contributes to our economy, and how the U.S. Department of Commerce can help further support Alaskan communities.

The Arctic’s importance to the Nation continues to grow as the impact of global climate change and loss of sea ice make the region much more accessible. This accessibility has inspired strong interest for new commercial initiatives in the region, including energy production, increased shipping, scientific research, tourism, and related infrastructure development. Last year, the Obama Administration introduced  the National Strategy for the Arctic Region, not only in recognition of the growing interest in and vulnerability of the region, but also to prioritize and integrate efforts across the Federal government to explore emerging opportunities – while simultaneously exploring efforts to protect and conserve this pristine environment.

During my trip, I explored the city of Nome, which is located on the edge of the Bering Sea on the northwest side of the 49th state. Once a gold mining town, Nome is one of the most remote communities in Alaska, with a population of 3,500.

My first stop was the Port of Nome. Joy Baker, Special Projects Director and former Harbormaster of the City of Nome, led me and my staff on a tour and described the economic impact and infrastructure challenges associated with increased Arctic shipping.  Although originally from San Antonio, Texas,  Joy has worked for the City of Nome for almost 25 years. Her passion for the city was obvious, and she explained how satisfying it was to see the expansion and development of the facility as the successful end result of many years of work and input about additional infrastructure needs in Nome.

After the port tour, we saw U.S. Arctic port infrastructure and vessels, ranging from small gold dredges to industry ships, giving us a better understanding of how the Department of Commerce’s work in implementing the Community Development Quota program in 1992 has been able to grow and further support economic development and achieve sustainable and diversified local economies in the region.

Having enjoyed the outdoors, we moved inside for a roundtable focused on new economic opportunities that are emerging as the impacts of climate change are felt in the Arctic region, including maritime transportation, fishing, and oil and gas activities. Various Alaska Native corporations, industries, and local, state, and federal officials offered a variety of perspectives which gave me a better sense of how the Department of Commerce can further our efforts to support the region.

We wrapped up the day with another productive and engaging roundtable centered on the threats from climate change, which are already impacting some Alaskan communities. These threats include exacerbated erosion and inundation frequency; and the shrinking of sea ice habitat affecting marine mammals.

While we face these challenges, my hope is that the Department can continue to do its part to facilitate trade and investment, assist with the development and management of natural resources, and provide the data and environmental intelligence that are critical to the safety and prosperity of individuals, communities and businesses that are dealing with a changing environment.

I thoroughly enjoyed my trip to Alaska, and I look forward to strengthening our partnerships in Alaska and across the Arctic region in the coming months and years.

Commerce and NOAA Data Provide Critical Environmental Intelligence to Alaska

Secretary Pritkzer and NOAA Administrator Dr. Kathryn Sullivan  visited the Alaska Weather, Water and Ice Center which is the National Weather Service’s (NWS) main operations center in Anchorage, Alaska

From supplying daily weather forecasts, severe storm warnings and climate monitoring, to managing fisheries management, supporting coastal restoration and promoting marine commerce, the National Oceanic and Atmospheric Administration’s (NOAA) products and services are critical to the country’s economic vitality. NOAA maintains a presence in every state, and has a particularly robust team in Alaska.

Secretary Pritzker visited Anchorage this week to see first-hand how Commerce helps Alaska stay “open for business” by supplying the environmental intelligence that citizens, planners, emergency managers and other decision makers rely on. Secretary Pritzker was joined by NOAA Administrator Dr. Kathryn Sullivan on her first trip to Alaska.

Unlocking more of the Department of Commerce’s vast stores of data is one of the key pillars of the Department’s “Open for Business Agenda." In Alaska, the Department's data is critical to the safety and prosperity of individuals, communities and businesses that are dealing with a changing environment.

Secretary Pritzker and Dr. Sullivan visited the Alaska Weather, Water and Ice Center which is the National Weather Service’s (NWS) main operations center in Anchorage. The Center is also among the largest consolidated NWS operations centers in the country, containing four specialized operational units: the Weather Forecast Office including the Sea Ice desk; the Alaska Pacific River Forecast Center; the Alaska Aviation Weather Unit and the Volcanic Ash Advisory Center. No other forecasting operation is positioned to deliver such integrated information services – from marine weather and sea ice to hydrology to public and aviation forecasts – making it incredibly beneficial to Alaskan and Arctic decision makers.

In addition to the NWS Center and various forecast offices, NOAA facilities in the state include four marine laboratories, an atmospheric observatory, and a satellite command data acquisition station.

Later in the day, Secretary Pritzker and Dr. Sullivan met with about 75 NOAA employees to learn more about their work and thank them for their service. NOAA team members had the opportunity to provide their perspectives and discuss Alaska-specific issues.

Examples of Commerce data and research in Alaska include the following:

  • NOAA’s fisheries research and management programs, which are both vital to promoting sustainable use and conservation in light of a changing climate. Fishing is a $5.8 billion industry in Alaska, and supports 100,000 jobs. Fishery-related tourism also brings in more than $300 million annually for the state;
  • NOAA’s sea ice research which strengthens the forecasts of both ice and weather conditions, and helps build a better understanding of the direct links between sea ice and climate change;
  • NOAA essential decision support services that provide regional decision makers with forecasts and warnings for events like extratropical storms, tsunamis, floods, droughts, and volcanic ash;
  • Important NOAA services like mapping and charting, for coastal communities which improves safe Arctic maritime access and prepares communities for intensifying weather.     

Secretary Pritzker: Commerce Department Helps Keep Alaska Open for Business

Secretary Pritzker meeting with CEOs representing the Alaska Native Corporations

The Department of Commerce is focused on creating the conditions for businesses to grow, hire, and strengthen the economy in all 50 states. This week, U.S. Secretary of Commerce Penny Pritzker is in Alaska to showcase how the Department keeps the Last Frontier open for business.

Secretary Pritzker met with business leaders in Anchorage this morning to discuss challenges and opportunities facing the business community in the state and resources for Alaska businesses that are looking to grow. Among the roundtable participants were representatives from the Chamber of Commerce, as well as the transportation, logistics, and travel and tourism industries.

During their conversation, they discussed workforce development challenges, the need for infrastructure development to seize the economic opportunities of a changing Arctic, and the importance of making it easier  for visitors to enter the United States. With more than 1.9 million visitors during fiscal year 2014, Alaska’s expanding travel and tourism industry is critical to economic growth and job creation in the state.

She also highlighted the Commerce Department’s “Open for Business Agenda,” of which trade and investment is a key pillar. Alaska’s merchandise exports have grown from about $3.2 billion in 2009 to $4.5 billion in 2013, but the Commerce Department wants to help Alaska reach even more international buyers. Secretary Pritzker announced that the Commerce Department is getting ready to reopen the U.S. Export Assistance Center (USEAC) in Alaska in the coming weeks. USEACs around the country connect U.S. companies with international buyers, provide them with market intelligence and trade counseling, and facilitate business matchmaking and commercial diplomacy support.

U.S. Commerce Department Invests $2.8 Million to Foster Innovation in Louisiana and Massachusetts

U.S. Commerce Department Invests $2.8 Million to Foster Innovation in Louisiana and Massachusetts

U.S. Secretary of Commerce Penny Pritzker today announced $2.8 million in Economic Development Administration (EDA) investments to support projects that will foster innovation and entrepreneurship in Louisiana and Massachusetts.

“The Obama Administration and Commerce Department have prioritized supporting American innovation, which is the key driver of U.S. competitiveness, job growth and long-term economic growth,” said Secretary Pritzker. “The EDA investments announced today will support critical infrastructure and manufacturing projects that use innovation to help attract investment and create jobs in Louisiana and Massachusetts.”

The investments announced today include the following:

  • In Vidalia, Louisiana, EDA is investing $1.2 million to help construct the 5,700-square-foot Vidalia Technology Center that will function as an incubator to help entrepreneurs to compete globally and create viable employment opportunities in the region. The EDA grant will also support the building of a more robust high speed broadband infrastructure with alternative power sources. Given its relative isolation from major markets and employment hubs, this Mississippi Delta region town needs adequate Internet connectivity to better prepare for and respond to natural disasters. The increased access to broadband communication and back-up power sources will make both the public and business sectors more resilient and strengthen the speed of future recovery efforts.