exports

6:58am

Mon April 14, 2014
Business

U.S. Export-Import Bank president promotes benefits of selling products overseas

From left: Export-Import Bank Chairman and President Fred Hochberg, Sen. Kirsten Gillibrand (D-NY), Congressman Dan Maffei (D-NY), and Rob Simpson, president of CenterState CEO.
Tom Magnarelli WRVO

New York Sen. Kirsten Gillibrand was the first member of Congress to offer the U.S. Export-Import Bank the opportunity to visit small businesses in her state. The result was a meeting last week at Filtertech in Manlius with the bank's president.

Filtertech designs and manufactures industrial size liquid filtration systems.  

In 2008, the U.S. Export-Import Bank financed the manufacturing of a project Filtertech produced with a company in Italy; a project that helped keep them in business at the time.

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8:46am

Fri October 25, 2013
Business

Business alliance doubles down on goal to double exports

Peter Maier, president of INFICON, leads a tour of the company's clean room. INFICON last year doubled its exports to $70 million.
Ryan Delaney WRVO

Business leaders in central New York are re-launching efforts to expand their involvement in the export market.

The Central New York International Business Alliance has been around for almost a decade. It’s renewing its push to increase exports among companies in the region, or get them into the market altogether.

The alliance is an effort from CenterState CEO, a regional chamber of commerce of sorts.

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5:01pm

Mon October 14, 2013
Agriculture

Three Finger Lakes wineries join forces to promote international sales

baristaj9 Flickr

Three upstate wineries have come together to create an import-export company designed to increase Finger Lakes wine sales in Europe. The new company, called New York Wines, will be registered in Belgium and the partners are hoping it will help to increase sales at home as well as abroad.

John Martini, president of one of the vineyards, the Anthony Road Wine Company, says the costs associated with overseas shipping can be prohibitive for a single winery. But shipping produce from several wineries in bulk makes it cheaper at both ends, he says.

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9:10am

Thu April 18, 2013
Business

Chenango County named latest foreign trade zone in N.Y.

In March, the federal government awarded Chenango County, northeast of Binghamton, foreign trade zone status. That means county businesses can import goods without paying a tariff. They also pay a lower tariff if those goods are sold within the United States and no tariff if the final product is exported.

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8:57am

Thu January 31, 2013
The Upstate Economy

Exports and Generation Y, a recipe for upstate growth

Accelerate Upstate 2.0 conference 2013
BuffaloRising.com

Boosting exports, focusing on homegrown New York businesses, and the importance of engaging with Generation Y. These were all topics of focus at the Accelerate Upstate 2.0 conference in Buffalo this week.

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5:39pm

Wed April 4, 2012
The Upstate Economy

Brookings plan aims to double exports in central New York

The freighter English River enters the Port of Oswego, a major shipping hub for central New York's economy.
cseeman via Flickr

CenterState CEO, an economic booster engine for central New York, has set a goal of doubling exports for the region over the next five years.

The path to that goal includes help from the Brookings Institute's Metropolitan Policy Program. Brookings picked Syracuse last summer as one of four metro areas it would help increase its exports.

The plan was released Wednesday during CenterState's annual meeting. Along with Brookings, representatives from the US Export-Import Bank and the Commerce Department touted the potential of the region.

But central New York has a ways to go: Of the top 100 largest metro areas, Brookings found Syracuse ranked 72nd for export value in 2010.

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