Friday, October 21, 2016

Napolitano Holds Export Seminar to Connect San Gabriel Valley Businesses with Global Markets

Date: 2016-10-21


DUARTE, CA Yesterday, Rep. Grace F. Napolitano (D-El Monte) held a free export seminar with the City of Duarte, the San Gabriel Valley Economic Partnership, and the Duarte Chamber of Commerce. More than 40 local business people gathered at the Duarte Performing Arts Center to receive free expert guidance on how to increase international sales and expand their businesses into global markets.

“By educating and training our region’s businesses on exporting opportunities, we are adding local jobs and ensuring companies remain here in the San Gabriel Valley,” Napolitano said. “Foreign countries are continuing to demand American-made goods, which is why today’s seminar is so critical. We thank the City of Duarte for hosting this event and the San Gabriel Valley Economic Partnership and the Duarte Chamber of Commerce for working with local businesses, helping them to grow and deliver high-quality goods to meet the demands of our changing global economy.”

“95% of world consumers live outside of the US. Exploring international trade opportunities is no longer a choice for US companies but it is a necessity,” said Rachid Sayouty, U.S. Commercial Service, U.S. Department of Commerce. “The seminar highlighted and showed some of the great resources available from the U.S. Commercial Service to local companies on how to take their business internationally.”
“This seminar is an important means to help expand the region’s export base, through connecting businesses with the resources they need to assist them to bring their goods and services to market internationally,” said Jim MacLellan, Port of Los Angeles. “We are very grateful to the Office of Congresswoman Napolitano for consistently convening these valuable introductory export seminars for the benefit of local businesses and entrepreneurs.”

Ken Rakusin of Gordon Brush Mfg. Co., Inc. (City of Industry) spoke about the importance of continuing to produce goods here in the United States, while facing foreign competition.
“Patriotism is paramount at Gordon Brush which has been steadfast in its commitment to manufacturing in the United States even under competitive threats,” said Ken Rakusin, President and CEO. “When you look at our products next to similar items from China there are no comparisons. Promoting American made is vital to the strength, health, and viability of the United States. We are determined to build and grow our business in the United States.”

The panel discussions led by ten experts from the U.S. Department of Commerce, East West Bank, the Centers for International Trade Development, the Export-Import Bank of the United States and other organizations, focused on trade financing and resources as well as export logistics. Seminar attendees learned about available government resources and private capital, how to research different markets, and how to secure financing.

Resources for Further Information:

·         Small Business Administration (SBA): 1-800-U-ASK-SBA - www.sba.gov/recovery

·         International Trade Administration  –  http://www.export.gov

·         SBA Los Angeles Office: (818) 552-3215 www.sba.gov/localresources/district/ca/la

·         California Job Service: (562) 402-9336 - www.caljobs.ca.gov

·         Small Business Opportunities with Dept. of Energy 

·         Small Business Opportunities with Dept. of Labor - www.dol.gov/oasam/programs/osdbu

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