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Good afternoon, As a City / State partner of the Export-Import (EX-IM) Bank of the United States, the World Trade Center of Greater Philadelphia (WTCGP) is pleased to advise you that with bipartisan support from both the Senate and House of Representatives, President Obama has signed EX-IM Bank's reauthorization into law on December 4, 2015. The long-term reauthorization will be in effect until September 30, 2019. Please note below the "EX-IM Bank Reauthorization Letter to Customers And Stakeholders". We look forward to working with Ex-Im Bank and our region's trade finance banks in supporting the financing needs of our exporters. Linda Mysliwy Conlin, President EX-IM Bank Reauthorization Letter to Customers and Stakeholders (via www.exim.gov) Related Content: Previous WTCPhila.org Ex-Im Bank News
Check out World Trade Center of Greater Philadelphia's WTC Review 2015 Issue No. 3, full of WTCGP updates, member highlights, business and trade announcements, events, and special reports. 
On Wednesday, December 2nd, valued World Trade Center of Greater Philadelphia leadership partner Stockton University appointed Harvey Kesselman university president. Mr. Kesselman, a Stockton alum, takes on the role permanently after previously serving as the school's provost and interim president since April 2015. "I am excited by the opportunity to lead our wonderful university at this pivotal time," Kessselman said in a statement. "Enrollment is growing, and we are expanding our Galloway campus with two new academic buildings and a dramatic new entrance. We also are exploring a public-private partnership that would enable Stockton to expand its presence in Atlantic City and be a major part of its renaissance."  World Trade Center of Greater Philadelphia CEOs' China Operations Club explores USTDA programs for export opportunities in the ever-growing China market On December 2nd the World Trade Center of Greater Philadelphia (WTCGP) held an engaging members roundtable discussion hosted by law firm White and Williams, LLP, with Mr. Carl B. Kress, Regional Director for East Asia, the Middle East, North Africa, Europe & Eurasia at the U.S. Trade & Development Agency. As Regional Director, Mr. Kress is responsible for developing and implementing USTDA's commercially-driven development program throughout China and other developing countries. Mr. Kress provided an overview of USTDA's programs and how the agency supports commercial deals in China that open the Chinese market to increased exports of U.S.-manufactured goods and services. USTDA is active in a variety of sectors in China, particularly transportation, energy, healthcare and the environment. The agency's program is driven by U.S. industry interest in specific sectors that can best position U.S. goods and services and welcomes U.S. company-driven proposals and suggestions for projects and events.
The CEOs' China Operations Club December gathering further expanded on how companies could become involved in the cooperation programs, industry conferences and workshops in the U.S. and the reverse trade missions of Chinese delegations coming to the states to meet with exporters. The conversation included tapping into shale gas development in China via related workshops and study tours in the U.S., clean energy and smart city opportunities and the water treatment challenges and opportunities. Following the formal presentation there was continued roundtable discussion on the USTDA programs, but also dialogue on WTCGP member company business influencers including the recent Chinese regulations in the food and agriculture industry like market access registrations, government-to-government dealings, and how to export specific products such as biological and health-care products. View full image gallery from this event (via Flickr) Companies interested in learning more about the WTCGP CEOs' China Operations Club are encouraged to speak with the CEOs’ China Operations Club manager Ron Drozd at 215-586-4248, [email protected].
(Reporting by Ron Drozd; Editing by Marcos Reynaga and Delaney Newhart) Brazil Business News and Updates for Opportunity Seekers via TradeBRZ at the Sao Paulo, Brazil WTC Business Tower In this month's edition of Brazil Buzz, Tradebrz discusses the future growth of Boeing in Latin America and what that growth means for Brazil's economy, as well as Brazil's influence as South America's largest economy and population. Check out the full report below
The U.S. manufacturing industry has strong bonds to Germany and our countries have been vital partners in many geopolitical priorities. The 2016 Hannover Messe will be a milestone in our transatlantic trade relations and an example of the Obama Administration’s commitment to strengthening the U.S.-Germany economic partnership.
The Department of Commerce will also host the U.S. Investment Pavilion, a centerpiece of the fair and host to state and local economic development organization exhibitors. The International Trade Administration will have international trade specialists available on the show floor to provide insights into global industry trends, identify the best market opportunities for U.S. products, and facilitate introductions to international buyers, distributors, and investors. To learn more and register for the event, download this 2016 Hannover Messe flier or visit http://export.gov/Hannovermesse/. Media Contact/Press Release PHILADELPHIA, Pa. - World Trade Center of Greater Philadelphia (WTCGP) has selected Jerry Sweeney, CEO and Trustee, Brandywine Realty Trust to receive the 2016 Global Business Leadership Award.
Each year over 325 corporate, government, diplomatic and academic leaders gather to celebrate WTCGP honorees. Past recipients of the Global Business Leadership Award include former Pennsylvania Governors Tom Corbett and Ed Rendell; Rosemary Turner, UPS Regional President; Greg Bentley, CEO, Bentley Systems, Inc.; William Hunt, CEO, AgustaWestland Philadelphia, and Philip Rinaldi, CEO, Philadelphia Energy Solutions, among others. In addition to the Global Business Leadership award, the WTCGP honors a “Member Company of the Year,” one each from New Jersey and Pennsylvania. Why the Annual Awards and Celebration? After September 11, 2001, the World Trade Centers Association (WTCA), in cooperation with the United Nations, chartered a day to be celebrated around the world as “World Trade Centers Day.” The 330 World Trade Centers worldwide organize activities ranging from conferences to dinners and other cultural and educational events to spread our message of peace and prosperity through trade. 2016 Ceremony and Reception May 4, 2016 at the Independence Seaport Museum (211 S. Christopher Columbus Blvd., Philadelphia, PA) Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, D.C., and Austin markets. Organized as a real estate investment trust (REIT), Brandywine Realty Trust owns, develops, leases and manages an urban, town center and transit-oriented portfolio comprising 239 properties and 30.7 million square feet as of September 30, 2015. Their deep commitment to our communities was recognized by NAIOP, naming Brandywine the 2014 Developer of the Year – the highest honor in the commercial real estate industry. For more information, please visit www.brandywinerealty.com.
Media Contact/Press Release: Graziella DiNuzzo, WTCGP Director of Communications & Business Development Released on November 13th (USA), the theatrical film The 33 is based on the 2010 Chilean mine collapse. Via Schramm, Inc.: Schramm, Inc. has received worldwide acclaim for its contribution to the historic and unprecedented rescue of 33 trapped miners in the Copiapo, Chile. As a 110 year old privately-held manufacturer and global supplier of hydraulic drills, there has been no higher calling in our company’s history. Schramm model T685 and model T130XD rigs truly made a difference. We are honored and humbled by all the media attention. For more than 69 days, 33 miners of the San Esteban Mining Company were trapped 2,041 feet (nearly half-a-mile) below the earth’s surface after the walls of the mine collapsed on August 5th 2010. Their fate uncertain, Chilean President Sebastian Pinera sent out an urgent call around the world for the best technical expertise and equipment to come to the scene to rescue the miners. SCHRAMM, INC. IS A WORLD TRADE CENTER OF GREATER PHILADELPHIA MEMBER
DVIRC Manufacturing Update | Philadelphia Fed Manufacturing Business Outlook Survey November 201512/1/2015
DVIRC Manufacturing Update Federal Reserve Bank of Philadelphia Business Outlook Survey Key Points Manufacturing conditions in the region “continued to weaken” in November
Philadelphia Fed Manufacturing Business Outlook Survey Manufacturing conditions in the region showed slight improvement this month, according to firms responding to the November Manufacturing Business Outlook Survey. The indicator for general activity was slightly positive this month, following two months in negative territory. Indexes for new orders and shipments remained negative, although they increased from lower readings in October. Firms reported slight increases in overall employment this month but declines in average work hours. Manufactured goods prices were near steady. The survey’s future indicators showed improvement. Only a small percentage of firms expect a downturn in business activity over the next six months.
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