Lt. Gov. Drew Wrigley, Agriculture Commissioner Doug Goehring and the North Dakota Trade Office (NDTO) will lead a delegation comprised of 14 North Dakota businesses and organizations on a trade mission to China, March 19-28.
According to US Department of Commerce statistics released this month, North Dakota has reported another year of climbing export numbers, with a 33.2 percent increase from 2010 to 2011. Despite global economic challenges, the state has increased exports over 300 percent in the past last decade. Today, North Dakota exports more, per capita, than the state of California.
Driving through North Dakota along I-94 or I-29, it’s easy to spot the hubs of business activity as you pass through Bismarck, Jamestown and Fargo, then up through Hillsboro to Grand Forks. However, if you venture off the beaten path, you’ll find not only thriving farms but also innovative manufacturers dotting the prairie. Sheyenne Tooling & Manufacturing, located in Cooperstown, North Dakota, is a shining example of a small-town North Dakota company that is creating one-of-a-kind, world-class products.
More than 30 businesspeople and government officials from around the region got an up-close-and-personal look at navigating NAFTA and other Free Trade Agreements (FTA) at the Trade Talk that was held on Feb. 8 in Fargo. Bonnie Anderson of WTH International Services gave participants a candid look at FTA’s citing examples from over 30 years of experience in international trade.
Entering the global marketplace can be daunting, especially for companies that are new to exporting. There’s a significant learning curve involved in meeting foreign regulations, and landing customers in other countries can take time and money. One North Dakota Trade Office service that fully-encompasses the guiding principles of the North Dakota Trade Office – ‘Trade Expansion through Advocacy, Education and Expertise’- is Trade Missions. Trade Missions can take many forms, depending on the destination as well as the company participating, but the bottom line is facilitating business for companies through face-to-face meetings with potential buyers.
Are you proud of your company’s international accomplishments over the past year? Nominate them for the ‘2011 North Dakota Exporter of the Year Award’. This award is presented to one business that has made significant advancements in the international marketplace. The award-winning business is required to have expanded its business to a new international market in 2011, increased its export sales and supported the larger statewide effort to expand North Dakota’s global reach.
The North Dakota spirit is based on innovation, creativity and entrepreneurship. Roll-A-Ramp, a product of DT&J, Inc. of West Fargo, encapsulates this spirit and has spent the last decade helping disabled individuals with their top-of-the-line, portable and versatile ramps, not only in North Dakota, but around the world.
The State of the Global Economy Trade Talk, held Jan. 11 in Fargo, drew exporters and businesspeople from around the region to discuss one of the most-significant topics in North Dakota today: the future of the global economy in 2012. Experts Thomas R. Hardy, U.S. Trade and Development Agency (USTDA), and Dr. Cole R. Gustafson, economist and chair of Department of Agribusiness and Applied Economics at North Dakota State University (NDSU), led the discussion while exporters and peers examined the assumptions underpinning recent changes in the economy through a panel discussion.
SEEDS 2000 Inc., one of the leading seed research and productions companies in the region, announced Nov. 30, 2011, that it has been acquired by Nuseed, a global seed and traits company based out of Melbourne, Australia. For SEEDS 2000, headquartered in Breckenridge, MN, the merger will mean a myriad of changes for employees; from an exporting prospective, the acquisition of a regional company by an international player may be a step towards increasing global sales.
The Export Assistant Program, now in its sixth year, places talented graduate students in export companies that need assistance in moving their global business forward. For former Minnesota State University Moorhead student Yuliya Sapelnikova from Russia, the program proved a valuable stepping stone towards her new position as International Logistics Coordinator at Daktronics in Brookings, SD.