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MD/DC District Export Council News
Maryland/Washington, D.C. Companies Urge Decisive Congressional Action To Approve Free Trade Agreements with Colombia, Korea, and Panama Posted: 10-07-2011 FOR IMMEDIATE RELEASE—OCTOBER 5, 2011 CONTACT: Alexander Koff, 410.347.8745
Maryland/Washington, D.C. Companies Urge Decisive Congressional Action To Approve Free Trade Agreements with Colombia, Korea, and Panama
Baltimore, MD – The District Export Council of Maryland/Washington, D.C. (DEC) commended the White House for transmitting to Congress the pending U.S. Free Trade Agreements (FTAs) with Colombia, Korea, and Panama and urged swift action to approve the trade deals.
“The FTAs will reduce tariffs and other barriers that currently restrict exports of American goods to some of our country’s most important overseas markets,” stated Phyllis Jones, Chair of the DEC. “Passage of the FTAs will generate badly-needed jobs across America by boosting U.S. exports of goods and services to these growing economies.”
“Time is of the essence. Every day we delay, we are losing critical market share to foreign competitors that already have preferential agreements with our trading partners. The FTAs are absolutely vital for our member companies to remain competitive in some of the most dynamic economies in the world,” said Jones. “The passage of the FTAs will not only stimulate our economy, it will also reassure our strategic partners that America is committed to global engagement at a time of increasing uncertainty and regional economic integration.”
Maryland companies exported more than $480 million in goods to Korea in 2010, more than double the amount from the previous year, and nearly 25,000 Maryland jobs are directly supported by exports. Studies estimate that passage of the FTAs will generate thousands of jobs in Maryland and Washington, D.C. by creating new market opportunities for U.S. companies, manufacturers, workers, and service providers in Colombia, Korea, and Panama.
About the DEC:
The mission of the DEC is to promote U.S. exports from the Maryland/Washington, D.C. region. The DEC’s Trade Policy Committee coordinates the DEC’s response to issues that may assist companies in the region in selling their products or services. DEC members are appointed by the U.S. Secretary of Commerce for set terms and act as volunteers. More information about the DEC may be found at http://www.mddcdec.com/.
### CTRL Systems, Inc. - Export Success in Challenging Times Posted: 10-17-2008 Maryland/Washington DC District Export Council member, CTRL Systems, Inc., was featured in an October 12, 2008 Baltimore Sun front page article about the current challenges in the international marketplace, "U.S. Firms Cast Wary Glances Overseas".
Full Story.
According to CEO Bob Roche, CTRL Systems, Inc., unlike many companies who are facing enormous pressures both in the U.S. and abroad, is currently enjoying its greatest success ever in international markets.
CTRL Systems is a developer and manufacturer of ultrasound detectors (UL101) and condition based monitoring software (SoundCTRL). CTRL products are delivered through InCTRL, a turnkey integration program that incorporates training, documentation, milestones, benchmarking, and support. The InCTRL management and reporting system helps to achieve results faster and share information throughout the entire organization for the benefit of energy savings, quality control, production uptime, and improved asset life cycles. Many industries benefit from CTRL turnkey programs including oil & gas, aviation, paper & pulp, power generation & distribution, general manufacturing, and military.
CTRL Systems Receives New USMC & USAF Orders Posted: 10-29-2007 CTRL Systems, Inc. of Westminster, MD announced on October 12 that the first orders from the U.S. Marine Corps and U.S. Air Force for the new kit configuration PN 000038 had been received. This kit includes the CTRL UL101 as the new Ultrasound Test Kit for multiple aircraft such as the KC-135, C-130 Hercules, AV-8B Harrier, F-16 Falcon, F-18 Hornet, H-60 Black Hawk, P-3 Orion, F-22 Raptor and others.
CTRL Systems, Inc. designs and manufactures a line of ultrasound non-destructive testing devices (CTRL UL101) and data capture systems (SoundCTRL) that use the properties of ultrasound to provide a quick and accurate method for testing the condition of components such as bearings, gears, gas lines, pumps, non-pressurized & pressurized vessels used by the aerospace, aviation, petrochemical, pulp & paper, railroad, automotive, manufacturing and power generation industries as well as the U.S. and other military operations.
Bob Roche, CEO of CTRL Systems, Inc., is a longtime member of the Maryland/Washington DC District Export Council, Inc.
Maryland Port Administration Receives Presidential E Award Posted: 05-24-2007 The Maryland Port Administration (MPA)today received the Presidential E Award for Excellence in Export Services during a ceremony at the White House with President George W. Bush. The MPA was awarded this special distinction for its increased export business in recent years. During the 2002 through 2006 time frame general cargo exported from the Port of Baltimore public marine terminals grew from 1.8 million tons to 2.5 million tons, roll on/roll off export cargo increased from 128,204 tons to 306,498 tons and auto exports increased from 28,804 to 77,525 units.
The MPA is a longtime member of the Maryland/Washington DC District Export Council, Inc. (DEC). A student intern from Towson University under the supervision of a senior DEC member worked with the MPA in preparing its E Award application under the provisions of the DEC E Award Internship Program. Including the MPA award, this program has successfully assisted 4 local business entities obtain the Presidential E Award since 2003. M&T Bank Teams with U.S. Commercial Service to Promote U.S. Exports Posted: 04-10-2007 The Department of Commerce - U.S. Commercial Service (USCS)announced today a new initiative with DEC member, M&T Bank, to encourage export growth from U.S. based small and medium sized enterprises and to expand the financing available to foreign buyers of U.S. capital goods and services. Under the agreement M&T Bank will inform its customers about the services offered by the USCS worldwide network at 109 U.S. Export Assistance Centers and locations at 80 U.S. embassies and consulates around the world. The bank will also collaborate with USCS on joint trade promotion seminars, Web site links, sales force training and more.
M&T Bank, founded in 1856, is one of the top 20 U.S. bank holding companies by asset size. Their International Trade Finance Group, headquartered in Baltimore, provides a complete range of export financing and documentary services. In 2005 the bank was awarded the Presidential E Award for Excellence in Export Services. Technology Export CEO Roundtable Posted: 10-18-2006 The MD/DC DEC in cooperation with the National Institute of Standards and Technology (NIST), the Maryland Department of Business and Economic Development (DBED), M&T Bank, and the Baltimore U.S. Export Assistance Center will be conducting a three-day course in late 2006 to help the senior managers of technology companies overcome barriers to exporting. The course premise is that small and mid-size technology companies have the capability to increase their contribution to U.S. exports but face a variety of barriers. Barriers to exporting can be diminished if senior managers become knowledgable of the exporting process and are involved in developing their own company-specific exporting plans. The first offering of the course is now filled with a second session planned for 2007. Watch the Meetings & Events section of this website for dates and registration information or contact Mark Rice, President of Maritime Applied Physics Corp., at 443-524-3330 or mrice@mapcorp.com. |
