Members of the WTCGP CEOs China Operations Club gathered on July 27 to celebrate another year of successful business operations in China. Obermayer Rebmann Maxwell & Hippel LLP kindly held the catered social in their beautiful Center City office. Over 20 people, among them representatives of such companies as Devon International Group, LCR Electronics, Inc., M&C Specialties Co., AMETEK Drexelbrook, Metal Edge International, Inc. and Lasko Products, Inc., attended the event.
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The purchasing power of consumers outside the U.S. has been constantly increasing in recent years. Many international markets now offer easier access for U.S. products. As a result, more and more American manufacturers turn to exporting as one of the ways to improve their sales. Nonetheless, certain companies oftentimes refrain from expanding into new markets and exploring new opportunities abroad because they don’t know how and where to get started. Don’t be one of them! If your company is located in Pennsylvania, you should take advantage of the state’s extensive network of overseas representatives.
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The World Trade Center of Greater Philadelphia would like to invite its members, clients and partners to join us on two trade missions this fall: Guatemala, Costa Rica and Panama (September 17-23) and Serbia & Montenegro, Romania, Hungary and Turkey (October 22 – November 2). In each issue of WorldLinks, we will highlight some facts about these countries to illustrate why we believe these markets have high potential for Pennsylvania and New Jersey companies.
Do you know which country is the largest country in Central America, has a population of approximately 12.3 million people, and imported goods for the total of more than $105 million from Pennsylvania and New Jersey in 2005?
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The World Trade Center of Greater Philadelphia is pleased to invite you to attend the 5th Annual State of the Port Address and Luncheon to be held on October 12, 2006 at the Hyatt Regency – Penn’s Landing.
You will hear business updates for the Delaware River Port Authority; Philadelphia Regional Port Authority; South Jersey Port Corporation; and, Philadelphia International Airport. Come and learn how the Philadelphia region offers one of the most exciting and efficient commercial, industrial, airport and maritime complexes in the US.
Mark your calendars from now to be sure to attend our 5th Annual State of the Port Address & Luncheon! Several Sponsorship Opportunities are still available!
In May 2006, Pennsylvania and New Jersey once again were ranked among top 10 exporting states. New Jersey ranked 9th with May exports totaling $2.79 billion, followed by Pennsylvania ranked 10th with exports of $2.49 billion. This brought total year-to-date exports to $13.15 billion for New Jersey and $11.58 for Pennsylvania. Exports of manufactured commodities from Pennsylvania amounted to $2.11 billion, whereas New Jersey exported manufactured goods for $2.16 billion. The share of our two states in total U.S. exports of manufactured goods in May equaled to 6%. Non-manufactured commodities accounted for a little over 8.5% both in Pennsylvania and New Jersey.
Source: Foreign Trade Division, U.S. Census Bureau
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