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Apr252016

U.S. Secretary of Commerce Penny Pritzker Discusses Importance of Digital Economy at 2016 Hannover Messe Digital Transformation of Industry Conference

Trade and InvestmentInnovationHannover MesseDigital EconomyEU-U.S. Privacy ShieldDigital Single Market (DSM)Penny Pritzker
Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks at the Digital Transformation of Industry Conference hosted by the European Commission (EC) during the 2016 Hannover Messe. The conference provided a forum for public and private sector leaders in both the U.S. and Europe to discuss the opportunities and challenges presented by the digitization of industry.

Apr252016

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Hannover Messe Exhibitor Spotlight: Virginia Economic Development Partnership

Trade and InvestmentHannover MesseEconomic DevelopmentForeign Direct Investment (FDI)
The Commonwealth of Virginia was founded as a global business venture in 1607 when English colonist landed in Jamestown, Virginia—the first permanent English settlement in North America. Today, Virginia is a leading gateway to successful business in North America. More than 750 internationally owned companies call the Commonwealth home.

Apr252016

U.S. Secretary of Commerce Penny Pritzker Discusses Importance of T-TIP at 2016 Hannover Messe

Trade and InvestmentHannover MesseTransatlantic Trade and Investment Partnership (T-TIP)Small and medium-sized enterprises (SMEs)Penny Pritzker
Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks at the “T-TIP: Big Gains for Small Firms” event held during the 2016 Hannover Messe. The event provided an opportunity to discuss how the Transatlantic Trade and Investment Partnership (T-TIP) can benefit small and medium sized enterprises (SMEs) on both sides of the Atlantic.

Apr242016

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On the Road to the Hannover Messe

Trade and InvestmentHannover Messe
The arrival of high-ranking American visitors is not an everyday affair in Germany – even less so in the city of Hannover. Thus, we are all excited that President Obama will join Chancellor Merkel for the opening ceremony of the Hannover Messe, marking the first time a U.S. president will participate in the world’s largest trade show for industrial technology.

Apr242016

U.S. Secretary of Commerce Penny Pritzker Discusses Importance of Advanced Manufacturing at 2016 Hannover Messe Economic Forum

Trade and InvestmentInnovationHannover MesseGermanyTransatlantic Trade and Investment Partnership (T-TIP)EU-U.S. Privacy ShieldDigital Single Market (DSM)Penny Pritzker
Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks at the Federation of Germany Industry’s Economic Forum, her first event at the 2016 Hannover Messe. The forum provided an opportunity for public and private sector leaders in both the U.S. and Germany to discuss the event’s theme, “The Future of Advanced Manufacturing.”

Apr232016

U.S. Secretary of Commerce Penny Pritzker to Attend 2016 Hannover Messe and Tour Hamburg Port in Germany

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)EU-U.S. Privacy ShieldDigital Single Market (DSM)Transatlantic Trade and Investment Partnership (T-TIP)
U.S. Secretary of Commerce Penny Pritzker will travel to Hannover, Germany from April 24-27 to attend the 2016 Hannover Messe, the world’s largest trade fair for industrial technology. President Obama is leading the overall U.S. delegation. The visit is an opportunity to celebrate the deep partnership between the U.S. and Germany, showcase innovation taking place on both sides of the Atlantic,...

Apr222016

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Promoting Professional Development and Thought Leadership Throughout the Department of Commerce

Trade and InvestmentOperational ExcellenceCommercial DiplomacyCommercial Diplomacy Institute (CDI)
During my nearly three years in office, I have visited nearly 40 countries and met with heads of state, economic ministers, and more than 2,000 business leaders. From these experiences, I have observed three important constants: First: people want economic freedom. Second: foreign governments want U.S. companies to invest in their countries. Third: foreign citizens want access to U.S.

Apr222016

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New Commerce Report Illustrates Economic Benefits for U.S. Firms Doing Business with Trans-Pacific Countries

Trade and InvestmentTrans-Pacific Partnership (TPP)Made in America
U.S. Secretary of Commerce Penny Pritzker today released a new report that highlights the benefits U.S. businesses can experience when exporting to the 11 Trans-Pacific Partnership (TPP) countries. The report details each market’s top export sectors and explains how existing tariffs will be impacted once the agreement enters into force.

Apr212016

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U.S. Secretary of Commerce Penny Pritzker Holds First in Series of Meetings with Key U.S. Ports to Improve U.S. Supply Chain Competitiveness

Trade and InvestmentSupply Chain AccessPort of Los Angeles
On April 15, Secretary Penny Pritzker traveled to the Ports of Los Angeles and Long Beach to convene the first of a series of regional port and supply chain competitiveness roundtables that the Commerce Department is holding in key ports around the United States.

Apr212016

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Hannover Messe Exhibitor Spotlight: Dr. Shrink, Inc.

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
Dr. Shrink, Inc. began exporting approximately 15 years ago. We currently export to China, Australia, New Zealand, Thailand, South Korea, Turkey, Dubai, Germany, Great Britain, Norway, Sweden, Finland, Estonia, France, Italy, Poland, Latvia, Malta, Mexico, Canada, Japan, Denmark, The Netherlands, Ireland, India, South Africa, Ukraine, etc.

Apr212016

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Hannover Messe Exhibitor Spotlight: Concord Supply

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
The Minority Business Development Agency (MBDA) and the U.S. Commercial Service presented us with the opportunity to participate in Hannover Messe and we decided to take advantage of it. By accepting this great opportunity, we feel that we have the ability to grow and expand our business and develop a stronger distributor network globally.

Apr202016

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Hannover Messe Exhibitor Spotlight: Direct Online Marketing

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
We became aware of the opportunity to participate in the Hannover Messe trade fair through our valuable relationships with the U.S. Commerce Service and the West Virginia Development Office. Given the size and prestige of Hannover Messe – along with the United States being 2016’s partner country - we felt this opportunity was too good to pass up.

Apr202016

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Hannover Messe Exhibitor Spotlight: Tycon Systems

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
Tycon Systems designs & manufactures Semi Industrial & Commercial turnkey Remote Power Systems for the outdoors such as RemotePro utilizing solar & wind, Outdoor Backup Power Systems (UPSPRO), and unique Power over Ethernet products. Tycon also manufactures point-to-point wireless systems (EZ-Bridge) for connecting IP Networks up to 3+ miles at 100 Mbps.

Apr202016

U.S. Secretary of Commerce Penny Pritzker Delivers Remarks at the 2016 U.S. Hispanic Chamber of Commerce Legislative Summit

Trade and InvestmentTrans-Pacific Partnership (TPP)Penny Pritzker
Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks at “The State of Hispanic Small Business Breakfast” held during the 2016 U.S. Hispanic Chamber of Commerce (USHCC) Legislative Summit. The Summit is a forum for public and private sector leaders to discuss the opportunities and challenges faced by the Hispanic business community.

Apr192016

U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman Endorse Statement Calling for Action to Address Steel Excess Capacity

Trade and InvestmentSteel Excess Capacity
U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman today announced that several economies have joined together to issue a statement that includes steps to address steel excess capacity. The statement comes one day after Secretary Pritzker and Ambassador Froman expressed their disappointment that during the High-Level Meeting on global excess capacity in the...

Apr192016

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Hannover Messe Exhibitor Spotlight: DENT Instruments, Inc.

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
While the majority of our business is domestic (within the United States), a fair portion of our business is done overseas. Other companies that are looking into exporting to begin by researching the rules and regulations associated with exporting. Every country has its own requirements as far as receiving products and the kinds of products that can be received.

Apr192016

Department of Commerce Releases R&D Roadmap for Using Data Analysis to Enhance Public Safety

InnovationDataThe Internet of Things (IoT)
The U.S. Department of Commerce today issued the Public Safety Analytics R&D Roadmap, which outlines opportunities to spur innovation and improve public safety by making data more accessible and useful for police, firefighters, emergency medical services and other first responders. Published by the National Institutes of Standards and Technology (NIST), this report evaluates software,...

Apr182016

Statement by U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman Following the Conclusion of the High-level Meeting on Excess Capacity and Structural Adjustment in the Steel Sector

Trade and InvestmentU.S. Steel IndustryOrganisation for Economic Co-operation and Development (OECD)Penny PritzkerMichael Froman
U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman issued the following statement after the conclusion of the high-level meeting in Brussels, Belgium on excess capacity and structural adjustment in the steel sector.

Apr182016

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Hannover Messe Exhibitor Spotlight: DataBanque

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
We provide Market Entry Support for international companies interested in gaining a foothold in the U.S. market. Visitors to the Investment Pavilion are exploring their options for investing in the U.S. and are, therefore, the perfect audience for our message. Our presence in the Pavilion is also a benefit for the EDO’s who are there to attract investment to their regions.

Apr152016

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Hannover Messe Exhibitor Spotlight: American Exchanger Services

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
We have been exporting for over 12 years. We actually began as a company due to a licensing of explosive welding technology from a company in Newcastle upon Tyne, England. We have equipment in and have performed services in: Trinidad, Venezuela, Australia, Malaysia, Guatemala, El Salvador, Saudi Arabia, Canada and Bahamas.

Apr152016

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U.S. Secretary of Commerce Penny Pritzker Travels to California to Discuss Startup Culture in Los Angeles, Tour LA Port

Trade and InvestmentAmerica's Innovation AgencyPresidential Ambassadors for Global Entrepreneurship (PAGE)
Secretary Pritzker began her trip by visiting the headquarters of The Honest Company, which produces more than 100 products across a wide range of consumer categories, including baby, personal care, and home care.

Apr142016

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Hannover Messe Exhibitor Spotlight: Pittsburgh Regional Alliance

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
The opportunities to promote this Pittsburgh story (and much more) to prospective companies and show off the Pittsburgh region as a perfect soft landing for business investment at Hanover Messe 2016 influenced our decision to participate. It’s the world’s most important trade fair for industrial technology.

Apr132016

Statement by U.S. Secretary of Commerce Penny Pritzker on the Commission on Enhancing National Cybersecurity

InnovationCybersecurityCybersecurity National Action PlanPenny Pritzker
U.S. Secretary of Commerce Penny Pritzker today released the following statement on the Commission on Enhancing National Cybersecurity, which President Obama announced as part of the Cybersecurity National Action Plan on February 9, 2016. Today, President Obama named the 10 individuals who will serve on the non-partisan Commission. The Commission’s first meeting will take place tomorrow at the...

Apr132016

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Hannover Messe Exhibitor Spotlight: Apfelbaum Industrial, Inc.

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
We have been increasing our sales in those markets, therefore we find out the changes on those markets are continuous and even the rules for export are almost the same everywhere we need to pay attention to the particular rules and contractual laws applicable to every Country which make difficult the competitiveness.

Apr132016

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Commerce Department’s New Investment Advisory Council Seeks Membership Applicants

Trade and InvestmentForeign Direct Investment (FDI)SelectUSA Investment Summit
Earlier this month, the Secretary of Commerce established the United States Investment Advisory Council (IAC). This council will serve as a key conduit for stakeholder input on how best to support U.S. economic growth through the attraction and retention of foreign direct investment (FDI).

Apr132016

U.S. Secretary of Commerce Penny Pritzker Highlights Urgent Actions to Protect American Jobs Threatened by Global Overcapacity Crisis

Trade and InvestmentU.S.-China Joint Commission on Commerce and Trade (JCCT)U.S. Steel IndustryCustoms and Border Protection (CBP)
Today, U.S. Secretary of Commerce Penny Pritzker delivered remarks opening the second day of the public hearing convened by the Department of Commerce and the Office of the U.S. Trade Representative concerning “Policy Recommendations on the Global Steel Industry Situation and the Impact on U.S. Steel Industry and Market.” Secretary Pritzker highlighted government policies that distort markets and...

Apr122016

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Join Us in Hacking the Pay Gap

DataInnovationUnited State of Women SummitEqual Pay Day
In honor of Equal Pay Day, the date in the current year that represents the extra days a typical woman working full-time would have to work just to make the same as a typical man did in the previous year, the Department of Commerce, in partnership with the White House’s United State of Women Summit, and the Presidential Innovation Fellows, is issuing a challenge to developers, designers, and techn

Apr122016

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Hannover Messe Exhibitor Spotlight: Pivot Point

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
Our advice to other American companies looking to start exporting is to develop an in-depth plan or strategy. There are abundant resources available through the US Commercial Service, Department of Commerce, foreign trade representatives, state economic development agencies and others to help them better analyze export and import data.

Apr112016

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President Obama to Address Participants and Kick Off the 2016 SelectUSA Investment Summit

Trade and InvestmentSelectUSASelectUSA Investment SummitPenny PritzkerPresident Barack Obama
I am excited to announce that President Obama will deliver the keynote address on the first day of the 2016 SelectUSA Investment Summit on Monday, June 20, here in Washington, D.C. The President’s participation underscores our Administration’s deep commitment to bringing new job-creating investment to the United States.

Apr112016

President Obama to Deliver Keynote at the 2016 SelectUSA Investment Summit

Trade and InvestmentSelectUSASelectUSA Investment SummitPenny PritzkerPresident Barack Obama
U.S. Secretary of Commerce Penny Pritzker announced today that President Barack Obama will host the 2016 SelectUSA Investment Summit and deliver the keynote address on Monday, June 20. The high-profile event is organized by the U.S. Department of Commerce and will be held June 20-21, at the Washington Hilton in Washington, D.C. President Obama has attended every Summit since the inaugural event...

Apr112016

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Hannover Messe Exhibitor Spotlight: Liberty Pumps

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
Liberty Pumps started exporting outside of North America toward the end of 2010. Today, we export to Mexico, Central America, Caribbean, and most LATAM countries. We also export to North Korea, Philippines, China and Vietnam. We have recently begun to export to several EU countries including Sweden, UK, the Netherlands, and Spain.

Apr082016

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EDA 2016 National Conference Focuses on Role of Government in Redefining Economic Development

InnovationInvesting in Manufacturing Communities Partnership (IMCP)EDA 2016Skills for BusinessRegional Innovation Strategies Program (RIS)
This week, the Economic Development Administration (EDA) brought together approximately 800 regional and local economic development professionals, non-profit and private partners, and federal, state, tribal and local officials to explore issues to improving competitiveness, job growth, innovation and overall quality of life in communities at their recent 2016 National Conference in Washington, D.C

Apr082016

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U.S. Commerce Department to Co-Host Industrial Fabrics Association International First-Ever Smart Fabrics Summit

InnovationSmart Fabrics
On April 11, the topic of “smart fabrics” will be front and center in a new and exciting way. The Industrial Fabrics Association International, America’s oldest and largest textile industry trade support association, will partner with the United States Department of Commerce to co-host the first-ever “Smart Fabrics Summit” in our nation’s capital.

Apr082016

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Manufacturing Our Future: The Road to Hannover Messe

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
President Obama’s visit will mark the first appearance by a U.S. President and coincide with the United States’ debut as a partner country. And the U.S. delegation, led by Commerce Secretary Penny Pritzker, will be its largest ever, featuring more than 400 companies, economic development organizations, and research institutions.

Apr082016

Commerce Department Appoints New Members to Advisory Committee on Supply Chain Competitiveness

Trade and InvestmentAdvisory Committee on Supply Chain Competitiveness (ACSCC)
U.S. Commerce Secretary Penny Pritzker today announced the appointment of 11 new members to the Advisory Committee on Supply Chain Competitiveness (ACSCC) that was re-chartered in November 2015. Initially established on November 21, 2011, the ACSCC now totals 45 senior-level private sector representatives of multiple industries and supply chain experts that advise the Secretary of Commerce, the...

Apr082016

Op-Ed: Why trade matters to Brooklyn manufacturers

InnovationTrade and InvestmentTrans-Pacific Partnership (TPP)ManufacturingEntrepreneurship
Today, Brooklyn-made products are exported to countries all over the world, from Canada and Brazil to Saudi Arabia and Japan. But before that was possible, America’s fourth largest city had to reinvent its manufacturing industry. Throughout the 1970s, '80s and '90s, the urban economy of Brooklyn, as in many other cities, was shattered. There was massive population loss and an exodus of...

Apr072016

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Hannover Messe Exhibitor Spotlight: Optiledge

Trade and InvestmentHannover MesseForeign Direct Investment (FDI)
Because international sales make up more than half of our activity, exporting has been integral in the success of our business. Without our international operations, our company would not survive. Even though we are a very small company, we are very active internationally. We believe that companies that can effectively compete domestically and also compete internationally.

Apr062016

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U.S. Secretary of Commerce Penny Pritzker Travels to New York’s Fastest-Growing Borough and Addresses the Area’s Revitalized Manufacturing Industry

Trade and InvestmentInnovationManufacturingAmerica's Innovation AgencyNational Network for Manufacturing Innovation (NNMI)Trans-Pacific Partnership (TPP)
On Monday, April 4, U.S. Secretary of Commerce Penny Pritzker traveled to Brooklyn to learn about the revival of the local manufacturing industry. Secretary Pritzker visited Industry City, an innovative manufacturing district in Brooklyn, to meet with local entrepreneurs and hear about what it is like to do business in New York’s fastest growing borough.

Apr062016

U.S. Secretary of Commerce Penny Pritzker Delivers Remarks at 2016 World Travel & Tourism Council Global Summit

Trade and InvestmentNational Travel and Tourism StrategyBrand USATourism Policy CouncilTravel and Tourism
Today, U.S. Secretary of Commerce Penny Pritzker delivered keynote remarks at the 2016 World Travel and Tourism Council (WTTC) Global Summit. The Summit is an international forum for public and private sector leaders to discuss issues facing the travel and tourism sector.

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