exports

Chenango County named foreign trade zone

Matt Richmond, WSKG — Thu, 11 Apr 2013 10:45:00 +0000

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.

The new title doesn't necessarily mean companies will flock to the county. Onondaga County, with Syracuse at its center, received foreign trade zone status thirty years ago. Today, there are no companies taking advantage of it.

Brookings plan aims to double exports in central New York

Ryan Delaney, WRVO — Wed, 04 Apr 2012 21:23:00 +0000

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 U.S. 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.

Obama official wants Rochester businesses to up their export game

Zack Seward — Thu, 08 Mar 2012 22:08:23 +0000

A top business official in the Obama administration will be speaking to the International Business Council of Greater Rochester Friday.

The goal is to raise awareness of the federal programs that can help small businesses boost foreign sales.

"We want to make sure small businesses are not left behind," says Fred Hochberg, president and chairman of the Export-Import Bank of the United States (Ex-Im Bank).

'Made In America' Store Capitalizes On Patriotism

Daniel Robison, WBFO — Wed, 22 Jun 2011 12:56:50 +0000

Dozens of tour buses have added the tiny town of Elma, N.Y., as a stop this year. On their way to scenic sites like Niagara Falls, these tourists are squeezing in a visit to the Made in America store.

Shop owner Mark Andol climbs aboard a bus and tells the riders that shopping here is a patriotic act.

"When you walk through them doors, I guarantee when you're shopping — the homework's been done — it's 100 percent made-in-America products. Made in this country by American workers, and the money stays in our economy.

Syracuse gets pro help from Brookings Institution for business plan

Emma Jacobs — Tue, 21 Jun 2011 16:12:30 +0000

The Brookings Institution announced Tuesday it will help the central New York region write business and export plans.

The goal: get everyone on the same page and produce a plan that actually gets executed - not just fill up a binder to throw on the bookshelf.