Export to Israel - 1

Add comment July 21st, 2009

I attended an interesting program this afternoon sponsored by the Rockford Area Economic Development Council.  It was an Inward Mission from Israel and Uriel Lynn,  President, of the Israel Federation of Chambers of Commerce, Tel Aviv was the keynote speaker.  Manufacturing companies, such as mine, were given an opportunity to give a 5 minute pitch about our company and why we’d like to export to Israel.

What interested me in Mr. Lynn’s talk was how he stated, several times, that Israel welcomed IMPORTS from the US (and other countries)!

Why, you  might ask, would he say this?

Well, in his (and his government’s view) imports make their local manufacturers more competitive by competing with world class companies.  Also, they are looking for the lowest prices, and imports would keep pricing at the lowest level.

Now, I found that interesting…how about you?

I’ll post a few more insights into this market later.

Help for Manufacturers Outlined

Add comment July 21st, 2009

Mr. Douglas Woods, President of the Association for Manufacturing Technology gave testimony before the US House Committee on Small Business.  Among the many points he made, he described the credit shortage that still exists for buyers of machinery.  He points out that in the 1st 5 months since the American Recovery and Reinvestment Act of 2009, only $200 bil. of the $787 bil. has been spent or committed and virtually NONE has reached manufacturing.

He also gives a number of specific suggestions for the Congress to consider…. I wonder if this will get the same attention of forced legislation as the Health Plan?

AMT Testimony