We’ve all found ourselves in a clinic or hospital at some point and witnessed the hustle and bustle that is a daily part of the lives of doctors, nurses, and healthcare administration. Many of us also have family members working in healthcare that come home and share the highlights and low points of stressful, rushed days. Or perhaps you’ve experienced the action from the patient’s perspective, left waiting an inordinately long time alone in a doctor’s exam room, gown-clad and wondering – Do they know I’m still here?
Exports from the state to China up 112 percent due to grains and pulse crops
North Dakota’s high-quality crops are beginning to have a strong reputation with Chinese food manufacturers, thanks in part to the annual ‘North Dakota Better for You Food Ingredients’ conference and exhibition hosted in China by the North Dakota Trade Office (NDTO). Twelve NDTO members and partner organizations showcased the state’s agricultural commodities and food products at the third annual event, held on March 31 in Qingdao, Shandong, China. More than 110 of China’s largest food manufacturers and processors attended the event.
NDTO Member Profile: North Dakota and India Look to the Sky and Weather Modification, Inc. for Rainfall
As any farmer in North Dakota can tell you, when you’re looking up to the sky and see rain clouds forming during a dry summer heat wave, it can be awfully disappointing when the storm bypasses your land. The same goes for a farmer on the other side of the world in India. When he’s looking to the sky and sees the clouds rolling in at the beginning of the monsoon season, it’s pretty disappointing when the monsoon doesn’t quite live up to expectations. In India, a “bad” monsoon season is the one that does not produce enough rainfall to ensure an adequate water supply for the entire crop growing season. Monsoons typically provide 80% of India’s rainfall. With nearly half of India’s workforce in agriculture, that’s quite a few faces looking towards the clouds in anticipation of the annual monsoon.
NDTO will lead a delegation of five North Dakota pulse and dry bean processors to Colombia April 6-10. Companies will have tours and meetings with potential buyers in Bogota and Medellin. This will be the fourth North Dakota trade mission to Colombia; NDTO led missions to the market in 2008, 2012 and 2013.
North Dakota companies often see growth opportunities in global markets, but lack the skill set and resources to make it happen. The result is reactively selling to international customers who find them, rather than taking a proactive and strategic approach to identifying their best opportunities. Customized training is needed in order to accelerate growth in global markets.
Seven NDTO member companies and organizations will travel to Qingdao, China the last week of March to showcase the state’s high-quality agricultural commodities and food products to some of the China’s largest food manufacturers and processors.
Now that the holiday season has passed and with tax season underway, it’s time to explore whether your company can benefit from the R&D Tax Credit and the Interest Charge Domestic International Sales Corporation (IC-DISC) savings. The R&D Tax Credit is not an income tax deduction – it is a bottom-line, dollar-for-dollar credit against income taxes due (and in addition to the deductions you are already claiming). An IC-DISC is an entity that is not subject to the regular U.S. corporate income tax. U.S. exporting companies have the ability to create an IC-DISC and pay a commission for selling products internationally.
If you are a North Dakota exporter, chances are you have already heard of – or are already working with – ComDel Innovation, Inc. If you have not learned of ComDel Innovation, often referred to as CDI, you may be missing an opportunity to improve your production and cut vendor costs by integrating aspects of your product development, tooling and manufacturing under one roof. Located on a 25-acre campus in Wahpeton, ND, CDI offers a variety of services including design and engineering analysis, precision machining and tooling, materials characterization, injection molding, automation applications and production machining – just to name a few.
Promotion of value-added foods in Asia will take center stage for NDTO in first quarter 2015. From March 24-27, NDTO along with the North Dakota Soybean Council, will be leading a group of small grains and food-grade soybean exporters to Singapore. On March 31, NDTO and North Dakota value-added food producers and processors will promote our high-quality foods at the 3rd Annual North Dakota-China ‘Better For You Food Ingredients’ Event in Qingdao, China.