Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing.

Archive for June 19th, 2008

China Update

3 comments June 19th, 2008

As I mentioned yesterday, I attended the China Matchmaking event conducted by RAEDC. Follow Thomas Bona’s article for a good rundown.

http://www.businessrockford.com/biznews/x1470888204/Chinese-delegation-visits-Rockford-today

So why was this important for a local manufacturer?

I learned that this group was on a US mission visiting cities like Los Angeles, St. Louis, Chicago, Boston among others. So by stopping in Rockford, we had a chance to explain the advantages of locating their business here. If they are going to locate in the US, why not in the Rockford area with all the benefits that we have to offer. Better us than LA, St. Louis or another city. And of course, bring jobs and wealth to the region.

What most of us don’t realize is that Illinois is the #1 state in the Midwest for Foreign Direct Investment with over 1,600 foreign firms located in over 5,000 Illinois locations employing almost 300,000 employees and exporting almost $50 billion.

If this China business opportunity is coming, why not at least see what’s involved and how your company could get on the train and benefit?

That’s my plan!