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Blog Category: Secretary of Commerce Penny Pritzker

Secretary Pritzker Meets With Gaming Industry CEOs in Silicon Valley

Secretary Pritzker visiting Silicon Valley and the Gaming Industry

On Monday, U.S Secretary of Commerce Penny Pritzker met with various gaming industry CEOs at Electronic Arts in Silicon Valley to learn more about the creative job skills and talent required to maintain American competitiveness, as well as the gaming industry’s overall contribution to the economy. She also toured Electronic Arts and GlassLab. Electronic Arts (EA) is a developer and publisher of computer and video games with several subsidiaries which includes sports role-playing, racing and combat, online communities and original franchises like Tetris, Scrabble and Monopoly. Glasslab is a research and development effort that focuses on educational games and game-based assessment design in the United States.

During the discussion, Secretary Pritzker emphasized the important role that the Department of Commerce plays in creating the conditions that support the growth of the country’s most competitive industries, and empowering private sector companies to out-innovate anyone in the world. She also expressed her desire to learn more about the contributions that the gaming industry has brought to the economy, the jobs it has created, and the ability to remain globally competitive.

The United States gaming industry has enjoyed enormous success over the last decade, and the jobs it supports are now a crucial part of the country’s economic growth. In fact, the Entertainment Software Association (ESA) recently produced a 2014 report on video games in the 21st century which measures the economic contributions made by the gaming industry during the period of 2009-2012. According to ESA’s report, the game software publishing industry has employed 42,000 people in 36 states. The report also highlights that U.S total employment, both direct and indirect, that depends on this industry now exceeds 146,000. The value that this industry has added to the U.S GDP is over $6.2 billion.

Secretary Pritzker Speaks at the Fortune Most Powerful Women Summit

Secretary Pritzker with Mary Barra Patty Sellers Nina-Easton

This week, U.S. Secretary of Commerce Penny Pritzker participated in a panel discussion at the Fortune Most Powerful Women Summit, where she discussed the economy and steps the U.S. government and private sector can take to spur economic growth and job creation, building a bridge to the business community.

During her question and answer session with Nina Easton, Secretary Pritzker noted that in her first year at the Commerce Department she has visited 25 countries on behalf of American companies and met with more than 1,200 business leaders, including more than one-third of the Fortune 500. Secretary Pritzker also highlighted SelectUSA, an Obama Administration program, led by the Commerce Department program dedicated to making the United States the world’s premier location for business investment.

Spotlight on Commerce: Aaron Trujillo, Associate Director For Legislative and Intergovernmental Affairs

Spotlight on Commerce: Aaron Trujillo, Associate Director For Legislative and Intergovernmental Affairs

Ed. note: This post is part of the Spotlight on Commerce series highlighting members of the Department of Commerce and their contributions to an Economy Built to Last in honor of Hispanic Heritage Month

Guest blog post by Aaron Trujillo, Associate Director for Legislative and Intergovernmental Affairs, Department of Commerce

As the Associate Director for Legislative and Intergovernmental Affairs at the Department of Commerce, I carry two responsibilities; handling the issues of Economic Development, Skills Development, and Manufacturing and serving as the Acting Senior Advisor for Native American Affairs Policy. The Office of Legislative and Intergovernmental Affairs (OLIA) supports the Secretary on all matters pertaining to the Department’s relationship with Congress, state/local elected officials, territorial and tribal governments.    

Before coming to Commerce, I worked in the U.S. House of Representatives for five and a half years. There I served a Member of Congress in his capacity on the House Natural Resources Committee as Ranking Member of the Indian and Alaska Native Affairs Subcommittee, and later, as a distinguished member of the House Energy and Commerce Committee. During my time in the U.S. House, I also served as Senior Policy Advisor on Rural Development, Energy, Environment, Natural Resources, Agriculture, Veterans Affairs and Native American Affairs policies.

While working here at the Department of Commerce, I have been given the great opportunity to utilize my expertise to assist the Department and the Administration in advancing initiatives to build a stronger American economy. Our work here at the Department truly embodies the notions of opportunity, action and optimism because we work daily with businesses, organizations, community leaders, and elected officials at the local and national level to find opportunities that will create the conditions for economic success. 

I was raised in El Rancho, New Mexico, a small farming community just north of Santa Fe, NM.  As a child, I was influenced by the time honored traditions of my rural community and developed a deep respect for diversity in culture, language and the inherent connection between agricultural communities and natural resources. My upbringing has always been a driving force behind my work and advocacy in government.

President’s Export Council Travels to Poland and Turkey About Growing Economic Opportunities For All

President’s Export Council to Poland and Turkey About Growing Economic Opportunities For All

Guest blog post by Michele Cahn, Vice present of Global Government Affairs and Corporate Philanthropy for Xerox

For everyone who may speculate that the U.S. position of influence in the world has declined, our recent trip to Poland and Turkey proves to me that when business and government come together, we make a very powerful statement. This type of initiative is something that is unique to the United States… this is commercial diplomacy in action at its very best.

I was able to spend the first days of October with Xerox CEO Ursula Burns, who is the Vice Chair of the President’s Export Council (PEC) and who helped lead a fact-finding mission to Poland and Turkey. U.S. Secretary of Commerce Penny Pritzker led the high-level delegation of U.S. business leaders on an economic fact-finding mission to identify opportunities to increase trade and investment between the U.S. and Poland and the U.S. and Turkey, two high-potential, fast-growing markets that have been under penetrated by US companies, especially SMEs.

The PEC delegation included CEOs from such companies as Vermeer, Lockheed Martin, Marriott International, Archer Daniels Midland, 32 Advisors, and UPS—representing a combined market cap of more than $850 billion and senior representatives from another eight companies.

What impressed me so much was the reception from the entire range of people we met with was how significant this trip was and how and why  the PEC selected Poland and Turkey for this trip.  And while we take some of this for granted, private and public partnerships are very rare in these countries.  We were asked why would these US companies join together for this trip…don’t you compete with one another. We were able to make it very clear, that this wasn’t about competing; this was trying to grow economic opportunities for all of us.  The outcome of this mission will be to help stimulate business in Poland and Turkey and help increase exports from the U.S. and combined, that means economic and job growth in these countries and in the U.S., so we all benefit.

Business leaders in Poland and Turkey have a very strong interest in capitalizing on innovation and entrepreneurship.  Poland has a highly skilled and highly educated workforce, but the general impression there is that the digital revolution has passed them by.  The challenges in Turkey might be more significant in terms of modernizing laws, simplifying bureaucracy and building transparency.

So while there are challenges, there are significant opportunities to accelerate business growth and to encourage governments and businesses in both countries to partner more with each other. 

EDA Announces $1.9 Million Grant to Support Advanced Manufacturing in Recognition of Manufacturing Day

EDA Announces $1.9 Million Grant to Support Advanced Manufacturing in Recognition of Manufacturing Day

Guest blog post by Jay Williams, Assistant Secretary of Commerce for Economic Development

When I was growing up, manufacturing work was all about having a strong back and a strong work ethic. These days, manufacturing has changed. The first Friday in October each year marks Manufacturing Day, and today more than 1,500 manufacturers nationwide are opening their doors to host open houses, public tours, career workshops, and other events, in order to show people what manufacturing is – and what it isn’t. There is a lack of understanding of present-day manufacturing environments, which are highly technical. Manufacturing Day provides manufacturers with the opportunity to address the skilled labor shortage they face, connect with future generations, take charge of the public image of manufacturing, and ensure the ongoing prosperity of the whole industry. 

In honor of Manufacturing Day, I was joined by Kansas Governor Sam Brownback and faculty members for an event at Wichita State University (WSU) in South Kansas. The region is a leader in manufacturing, and the University is a key member of the South Kansas Manufacturing Community consortium, which U.S. Secretary of Commerce Penny Pritzker announced as one of the 12 Investing in Manufacturing Communities Partnership (IMCP) designated communities in May. While there, I announced a $1.9 million EDA grant to WSU to support advanced manufacturing. According to the grantee, the project will create 500 jobs and further regional capabilities in advanced manufacturing, with an emphasis on automated additive manufacturing innovation, and will provide competitive advantage for the transportation equipment manufacturing industry. These innovative technologies will also be applied to the emerging medical equipment manufacturing cluster in the region. 

While in Wichita, I got to see first-hand the sort of operations that have made South Kansas a leader in manufacturing. I was treated to a Manufacturing Day tour of the Wichita Operations of Bombardier-Learjet facility, where a critical EDA investment helped expand operations in 2012. The facility is truly impressive – as is the finished product

President Obama, the Commerce Department, and EDA are all committed to supporting manufacturing, because manufacturing creates good jobs with the largest multiplier effect of any part of the economy. In the last fiscal year, EDA invested in 89 manufacturing projects, totaling nearly $78 million. The projects were diverse, representing different industries, different geographies, and different community needs. Half of these projects were construction projects, which created more than 7,000 jobs and generated nearly $4.3 billion in private investment.

Secretary Pritzker and CEOs from the President’s Export Council Explore Market Opportunities with Turkish Business Leaders

Secretary Pritzker and CEOs from the President’s Export Council Explore Market Opportunities with Turkish Business Leaders
After a productive stop in Poland, Secretary Pritzker traveled to Turkey with CEOs from the President’s Export Council (PEC) to explore opportunities for U.S. firms interested in the market and address outstanding challenges to expanding bilateral trade and investment. 
 
While the United States and Turkey have sustained deep strategic and diplomatic ties for decades, both countries want to expand their economic and commercial relationship. In 2009, President Obama visited Turkey and established the Framework for Strategic Economic and Commercial Cooperation (FSECC) with then-Prime Minister of Turkey Tayyip Erdogan. The two leaders tasked the U.S. and Turkish governments to create a framework to help substantially increase the trade and investment flows between both countries to help strengthen the economic dimension of our partnership. Now, Secretary Pritzker and the PEC CEOs -- serving as commercial ambassadors -- are working to expand and strengthen this relationship through meetings with Turkish government and business leaders in Istanbul and Ankara.
 
In Istanbul, Secretary Pritzker delivered remarks to more than 200 Turkish business leaders and guests at the AmCham/American Business Forum in Turkey (ABFT) 10th Anniversary gala. She noted that progress has been made in the U.S.-Turkey commercial relationship, with total bilateral trade in 2013 just under $20 billion.  

She also stressed three challenges U.S. businesses face in the Turkish market that must be addressed: greater transparency in government procurement; commercial offsets – a policy that forces companies to produce locally; and the ability to obtain Good Manufacturing Practices certification. Ilker Ayci, President of Turkey’s Investment Promotion Agency, also shared Secretary Pritzker’s sentiment that the United States and Turkey must work together now to address current obstacles.

U.S. Commerce Secretary Prizker Co-Chairs Economic and Commercial Dialogue with Poland’s Deputy Prime Minister Piechocinski

U.S. Commerce Secretary Prizker Co-Chairs Economic and Commercial Dialogue with Poland’s Deputy Prime Minister Piechocinski

Yesterday, U.S. Secretary of Commerce Penny Pritzker joined Polish Deputy Prime Minister and Minister of Economy Janusz Piechociński in co-chairing an Executive Session of the Economic and Commercial Dialogue (ECD). The ECD is a forum created by the U.S. Department of Commerce and the Polish Ministry of Economy to work specifically on strengthening the ability of our companies and investors to do business in each other's markets. Secretary Pritzker is traveling with a delegation of some of America's top CEOs who are members of the President's Export Council.            

At yesterday's meeting, Secretary Pritzker and the PEC CEOs addressed collaborative and tangible ways to increase trade and investment between the U.S. and Poland, particularly as Poland's economy continues to grow. Poland currently has the sixth-largest and one of the fastest growing economies in the EU, and growth is projected to continue in 2014. While bilateral trade between the U.S. and Poland has quadrupled over the past 10 years, reaching nearly $8.8 billion in 2013, there is tremendous opportunity for continued growth.

One mechanism to increase trade and investment between the U.S. and Poland is the Transatlantic Trade and Investment Partnership (TTIP), which is currently being negotiated between the United States and the EU. Once concluded, TTIP will combine the U.S. and EU markets into a stronger transatlantic marketplace, with more than 800 million customers. The U.S. considers Poland an important voice in TTIP negotiations.

Secretary Pritzker Hosts Innovation Roundtable with Polish Industry Leaders and Startups

Secretary Pritzker Hosts Innovation Roundtable with Polish Industry Leaders and Startups
U.S. Secretary of Commerce Penny Pritzker and a delegation of U.S. CEOs yesterday met with Poland's Minister of Higher Education and Science and a group of Polish innovators to discuss the country's efforts to encourage innovation in their economy. Secretary Pritzker was in Warsaw with a group of U.S. CEOs who are members of the President's Export Council. 
 
The Polish government has made the promotion of innovation a top priority. Poland will be receiving a total of $106 billion in funds from the European Union by 2020. Poland plans to invest about 70 percent of those funds to promote innovation. The United States is well-positioned to serve as a partner in these efforts by sharing best practices and engaging our private sector leaders in Poland to further promote innovation.
 
The discussion centered on obstacles that individuals and businesses are experiencing when it comes to innovation, and how the United States can serve as a partner in support of innovation in Poland. For example, while a strong commitment to R&D is one principal driver of innovation, Poland’s current spending on R&D is less than 1 percent of GDP.  
 
However, R&D is only one component of a strong innovation economy. The Department of Commerce is America's "innovation agency," and helps build an innovation ecosystem in the United States by supporting a strong patent system, making investments in regional business incubators and science parks, expanding access to broadband and developing technology standards. 

Secretary Penny Pritzker to Lead High-Level U.S. Business Delegation to Poland and Turkey

Secretary Pritzker met with young entrepreneurs, who are the future of a stronger Ukrainian economy, during her commercial diplomacy trip to Kyiv, Ukraine.

U.S. Secretary of Commerce Penny Pritzker will lead a high-level delegation of America’s top CEOs on an economic fact-finding mission next week to Poland and Turkey. Secretary Pritzker and the CEOs, all of whom are members of the President’s Export Council (PEC) will use the trip to identify immediate and long-term opportunities to increase trade and investment between the U.S. and Poland and the U.S. and Turkey, two high-potential, fast-growing markets. Through greater understanding of these markets, the Department of Commerce and the President’s Export Council can help U.S. companies gain better access to Poland and Turkey, so they can sell more of their goods and services abroad and support jobs here at home.

Following this trip, the PEC CEOs joining the mission will apply their commercial expertise to produce a report for President Obama, which will recommend actions the U.S. government can take to address challenges and increase trade and investment between the U.S. and Poland, and the U.S. and Turkey

Just prior to the PEC mission, Secretary Pritzker will visit Kyiv, Ukraine. Secretary Pritzker's visit to Ukraine was announced by President Obama during Ukrainian President Poroshenko’s visit to Washington, D.C. last week.  Secretary Pritzker, whose family comes from Ukraine, will use her time there to discuss with Ukrainian government and business leaders the reforms necessary to improve their business climate, attract private capital, expand opportunity, and strengthen the economy for greater investment and growth. She will also explore potential opportunities for additional commercial cooperation between the U.S. and Ukraine.

After her stop in the Ukraine, Secretary Pritzker will join the eight PEC members and Under Secretary of Commerce for International Trade Stefan M. Selig in Warsaw, where they will meet with Polish government officials and business leaders and gather insight on opportunities and challenges facing U.S. companies in each respective market. Following the stop in Warsaw, the group will continue on to Istanbul and Ankara, Turkey.

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: