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Blog Category: NEI

Secretary Locke and U.S. Rep. Scott Murphy Highlight New York Project Bringing Jobs and Economic Development to the Region

Secretary Locke listens to Rep. Scott Murphy speak about the importance of the GlobalFoundries new facilityCommerce Secretary Gary Locke joined U.S. Rep. Scott Murphy today in Malta, New York to hear from executives at GlobalFoundries, one of the world's largest independent semiconductor foundries. Locke and Murphy highlighted the impact GlobalFoundries has had on economic development in New York’s Tech Valley and heard firsthand about the company’s progress on the development of its new factory – the largest project of its kind in the United States.

The Fab 8 project is the result of a public-private partnership and will create thousands of jobs in the local community and throughout New York state. The factory will be the most advanced semiconductor fabrication plant in the world, helping to position the United States as a leader in the technology-based economy.

Founded in 2009, GlobalFoundries is creating good-paying jobs in New York through the construction and development of its new facility. The company is also committed to growing U.S. exports, a key component of President Obama’s National Export Initiative, which aims to double U.S. exports over the next five years in support of several million American jobs.

Secretary Locke Keynotes AdvaMed 2010 Conference

Locke on podium during remarksSecretary Gary Locke addressed national and international medical device and technology leaders today at the AdvaMed 2010 Medical Technology Conference at the Washington Convention Center in Washington, D.C. In his keynote remarks, he discussed the Commerce Department's efforts to expand exports of medical devices and technologies and grow U.S. jobs.

“Each new medical discovery creates and sustains demand for further innovations, which fuel our national health, prosperity and productivity, and contribute to global well-being,” Locke said.

He also acknowledged the important work being done to cultivate industries and lines of scientific discovery that provide long-term benefits to society, spur sustainable innovation and create jobs and new businesses.

AdvaMed is the world’s largest medical technology association, with diverse member companies that produce medical devices, diagnostic products and health information systems.  Other conference keynote speakers included U.S. Rep. Erik Paulsen of Minnesota, CBS Evening News anchor Katie Couric, Centers for Medicare and Medicaid Services Administrator Dr. Donald Berwick, and U.S. Food and Drug Administration Commissioner Dr. Margaret Hamburg. Remarks

Secretary Locke and USTR Ambassador Kirk Travel to Memphis to Discuss Exports and the Economy

Secretary Locke shaking a Fed Ex worker's hand

Locke, Kirk joined by FedEx officials and local businesses to highlight President Obama’s National Export Initiative

U.S. Commerce Secretary Gary Locke and U.S. Trade Representative (USTR) Ron Kirk are visiting the Memphis, Tenn. area this week to meet with local businesses and discuss the opportunities and challenges of exporting. Locke and Kirk toured the FedEx Express Super Hub on Tuesday night where each day, millions of packages are moved through the hub to reach over 220 countries and territories around the world.  They also held a rountable discussion on exports and the economy with small- and medium-sized businesses today to discuss President Obama’s National Export Initiative (NEI) and how it can help U.S. companies sell more of their goods and services overseas and support the creation of American jobs.

The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. It will provide more funding, more focus and more Cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet.  Remarks

Secretary Locke Announces Grants to Boost Exports and Promote U.S. Competitiveness

Export GrantsToday U.S. Commerce Secretary Gary Locke announced more than $1.7 million in grants to support projects that increase U.S. exports, create jobs and strengthen our global competitive edge.  The grants will be awarded to five non-profit industry organizations and are expected to generate $265 million in U.S. exports. 

These awards are part of Commerce’s Market Development Cooperator Program (MDCP), which includes financial and technical assistance from the International Trade Administration to support business plans that help increase exports and U.S. competitiveness within certain industries. Projects receiving funding include efforts to increase exports among small manufacturers of water treatment equipment and independent film makers.

“These funds will help U.S. firms compete globally so they can sell more of their goods and services abroad and create jobs here in the U.S.,” Locke said. “The [Market Development Cooperator Program] is a good example of how public-private sector partnerships can leverage limited public resources to help small- and medium-sized businesses expand their exports to compete in the global marketplace.” 

These cooperative agreements help to further President Obama’s National Export Initiative, which aims to double U.S. exports within the next five years in support of several million U.S. jobs.

See the five recipients of the 2010 Market Development Cooperator Program awards.

Learn more about the Market Development Cooperator Program.  |  Release

Secretary Locke Announces Initiative to Keep Internet Open for Innovation and Trade at Cybersecurity Forum

Secretary Locke speaking at cybersecurity forum in GeorgetownSpeaking today at the 5th annual Online Trust and Cybersecurity Forum at Georgetown Univeristy, Secretary Locke announced the official launch of an initiative aimed at preserving the global, free flow of information online to ensure that the Internet remains open for commercial opportunity and innovation. This initiative coincides with President Obama's message today in his speech at the U.N. General Assembly in which he reinforced America's commitment to "a free and open Internet."

The Commerce Department is seeking public comment on the extent to which evolving policies from governments around the world may be restricting information on the Internet and inhibiting innovation and economic growth for U.S. companies. The request will seek input from all stakeholders to better understand the types of emerging government policies that restrict online information, how they are adopted, and what impact they have on innovation, job creation, economic development, global trade and investment.


Secretary Locke Delivers Keynote Address on the Economy at 128th Meeting of Greater Seattle Chamber of Commerce

Alternate TextU.S. Commerce Secretary Gary Locke was in Seattle today speaking with small- and medium-sized businesses about exports and the economy. Afterwards he delivered the keynote address at the annual meeting of the Greater Seattle Chamber of Commerce.

Secretary Locke discussed the progress made and the next steps for President Obama's National Export Initiative (NEI). He also addressed how it is helping to lay the groundwork for sustainable economic growth in Washington state, the nation's most trade-dependent state, and across the country. His remarks today are only one day after he and his colleagues on the Export Promotion Cabinet delivered a detailed report to the president laying out recommendations for how to double U.S. exports.

“Yesterday, at the president’s newly-constituted Export Council – chaired by Jim McNerny, CEO of Boeing – we announced that our renewed focus on trade promotion has contributed to an 18 percent increase in U.S. exports so far in 2010 over the same period last year.

  • U.S. exports of manufactured goods so far in 2010 have risen by 22 percent. U.S. agricultural exports this year are projected to be the second-highest amount ever, with a trade surplus of $30 billion.

These increases are having an impact on the economy: Exports contributed to GDP growth for just as much as domestic consumption in each of the four quarters of recovery."

Exports growth is also impacting employment. Since January, Commerce’s Advocacy Center, in close coordination with the State Department and other agencies, has helped U.S. companies successfully compete for contracts with foreign governments supporting an estimated $11.8 billion in U.S. content. These deals alone support an estimated 70,000 jobs. “

Learn more about the National Export Initiative and read Secretary Locke’s complete remarks.  |  Press release  |  NEI website

White House Releases Report on National Export Initiative

President with members of PECToday the White House released a report to the president on the National Export Initiative (NEI). It detailed the way the Export Promotion Cabinet plans to meet the president’s goal of doubling U.S. exports in five years to support millions of new jobs.

Since the president announced the NEI, the Department of Commerce’s Advocacy Center has assisted American companies competing for export opportunities, supporting $11.8 billion in U.S. exports and an estimated 70,000 jobs. To date, the Commerce Department has coordinated 20 trade missions with over 250 U.S. companies to 25 countries.

Expanding into new markets is key for America’s growth as Commerce Secretary Gary Locke said today, “As American consumers spend a little less and save a little more, it has never been more important to connect U.S. businesses to the 95 percent of the world's consumers who live outside our borders. Helping American companies sell more abroad will create jobs and boost our economy. This report is a blueprint for doing just that.” 

For more information, read the complete NEI report, the executive summary and the press release.  See  the International Trade Administration's NEI website.  |  NEI meeting video

Secretary Locke Speaks at the Virginia Summit on Export Opportunities

U.S. Commerce Secretary Gary Locke - joined by Senator Mark Warner and Export-Import Bank President Fred P. Hochberg - today delivered the keynote address at the Virginia Summit on Export Opportunities in Richmond. Locke highlighted President Obama's National Export Initiative (NEI) and gave an update on the NEI, and its goal of doubling exports and supporting several million jobs over the next five years.

The Summit focused on ways in which the federal government can coordinate with local government and private-sector partners to promote trade and export opportunities in Virginia. In 2009, Virginia companies exported more than $15 billion of merchandise overseas, up from $2.8 billion in 2005. 18.1 percent of manufacturing jobs in Virginia depend on exports.

President Obama announced the NEI during his State of the Union earlier this year. The NEI will provide more funding, more focus and more cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his cabinet. NEI site: http://export.gov

Exports remain an integral part of the U.S. economy. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs. In the first four months of 2010, exports grew almost 17 percent compared to the same period last year.  Remarks

Secretary Locke Discusses Export Control Reform at 23rd Annual Bureau of Industry and Security Update Conference

Locke on podiumSecretary Gary Locke addressed the annual conference to discuss reforms to the U.S. export control system that will strengthen national security and improve the competitiveness of key U.S. manufacturing and technology sectors. In addition, President Barack Obama delivered a recorded statement about the administration’s efforts to reform the export control system.  Remarks  |  BIS 2010 Update website

Secretary Locke Addresses Exports, Economic Growth and Job Creation with Minority Businesses

Secretary Locke talks at MED Week

On the final day of the National Minority Enterprise Development (MED) Week Conference hosted by the Commerce Department’s Minority Business Development Agency (MBDA), U.S. Commerce Secretary Gary Locke addressed minority business owners, government officials and corporate representatives and officially opened a Business-to-Business Expo Hall.

Locke discussed President Obama’s National Export Initiative (NEI) and how minority businesses can become more competitive and increase job creation and economic growth by participating in the global marketplace. Minority businesses already export twice as much as the average business, as they often have existing cultural, family or business ties to foreign countries. The NEI seeks to build on that, with a goal of increasing the number of small-, medium- and minority-owned businesses exporting to more than one market by 50 percent over the next five years.

Following his remarks, Locke officially opened and toured the Business-to-Business Expo Hall, which includes exhibit booths and one-on-one matching services with more than $20 billion in opportunities for minority businesses. The expo also offers 20-minute power-learning sessions conducted by public- and private-sector partners.

The MED Week Conference wraps up Friday night with the Awards Gala. U.S. Commerce Deputy Secretary Dennis Hightower will highlight the impact of minority-owned firms on the global economy and thank the MED Week award winners for their hard work.   Remarks