Did you know New Hampshire exports had their second record breaking year in 2018? Businesses sent $5.2 billion worth of parts, equipment, components and other items to global market last year – 2.68 percent higher than 2017.
If your export program has been on the sidelines, it may be time
to get it back in the game by enrolling in the third annual Export Boot Camp
this fall, covering the most important aspects of doing business in
international market.
For more information and to register, visit our
website.
Export Administration
Regulations (EAR), CFIUS Regulations and Tariff Updates
Wednesday, Oct. 2
9am – 3 pm
McAuliffe-Shepard Discovery Center, Concord
Presented by:
Evolutions in Business
New Hampshire’s growing aerospace sector was on display last month at the Farnborough International Airshow, one of the largest industry trade shows in the world. Among the highlights this year: The debut of the F-35 Lightning II, along with nine new aircraft from Boeing, Bombardier, Gulfstream, Hondajet and Embraer.
Six companies – AQYR of Nashua; Corfin Industries of Salem; Northern Composites of Hampton; Transupport of Merrimack and US NanoSolutions of Hampton – were joined by Liquid Measurement Solutions of Georgia, Vt., at the New Hampshire pavilion. This year’s show featured more than 1,500 exhibitors from 52 countries, of which nearly three-quarters were from outside the United Kingdom.
While the latest total is still being calculated, in 2016, $124 billion in orders and commitment were placed at the air show.
U.S. Sen. Jeanne Shaheen visited the New Hampshire pavilion at the Farnborough International Airshow last month. Photos courtesy NHBR
On the first day of the show, U.S. Sen. Jeanne Shaheen visited the New Hampshire pavilion, which drew some great attention to the Granite State and, because of her connections, provided introductions of our businesses to key prime contractors – Boeing, Leonardo and Textron.
This is valuable currency for our companies, who are now connected with the right people to talk about procurement and getting into their supply chains.
This is the second time since 2012 New Hampshire has had a presence at this biennial air show. Since that first show, our state’s aerospace sector has seen impressive growth and increased international acumen.
The United Kingdom is the U.S.’s second largest defense market and a strong market for New Hampshire’s integrated supply chain. We make components that put planes and jets in flight. It makes sense to be there and the companies taking part in our pavilion took advantage of the opportunity to seek new markets, show commitment to customers and make connections.
International trade shows are intense, but are a great way to meet the world halfway. For New Hampshire, Farnborough has again opened doors to possibility for one of its dynamic and growing sectors.
Tina Kasim
Program Manager
Office of International Commerce
Sen. Hassan, left, and Justin Oslowski, US Commercial Service, present Tina Kasim, Office of International Commerce with recognition from the U.S. Secretary of Commerce.
U.S. Sen. Maggie Hassan on July 27 discussed the importance of international trade for New Hampshire businesses with members of the Granite State District Export Council, where she also highlighted the importance of supporting innovative businesses.
She also recognized members of the GSDEC being honored by the U.S. Department of Commerce Secretary Wilbur Ross for their international business knowledge and expertise on trade and trade-related matters. Recipients pictured right.
Michael Barrett of Tech Resources Inc., receives recognition by the U.S. Secretary of Commerce from Sen. Hassan; Tina Kasim, Office of International Commerce; Justin Oslowski, US Commercial Service.
The Granite State District Export Council consists of members appointed to four-year terms by the U.S. Secretary of Commerce and brings together experienced international business professionals who provide support, advice, and assistance to companies looking to enter or expand into international markets. The mission of the organization is to support and encourage exports in order to boost economic growth locally and create jobs.
William McNary of Agilitrade, receives recognition by the U.S. Secretary of Commerce from Sen. Hassan; Tina Kasim, Office of International Commerce; Justin Oslowski, US Commercial Service.
“International trade is a cornerstone of our economy in New Hampshire, and when trade is done right, it helps our innovative businesses compete – creating jobs and spurring economic growth,” Hassan said.
“The work of the Granite State District Export Council is critical in these efforts, providing key support and advice to New Hampshire businesses looking to enter or expand into new international markets.
“I am focused on supporting your work – ensuring that our businesses can trade on a level playing field, and that you have the resources and support you need to thrive in the international marketplace,” she said
The accomplishments this year of the Granite State District Export Council.
Karen Wyman of Elbit Systems of America, receives recognition by the U.S. Secretary of Commerce from Sen. Hassan; Tina Kasim, Office of International Commerce; Justin Oslowski, US Commercial Service.
The OIC/US Commercial Service team, our Provident Bank sponsor and some of the NH businesses* taking part in the Bureau of Industry and Security’s export controls training in Portsmouth.
Our team at the Office of International Commerce (joined by our partners at US Commercial Service) wrapped up an intensive three day training that drew more than 100 attendees – not only 23 from New Hampshire, but from as far away as Vancouver, Canada.
The Bureau of Industry and Security’s export controls training made its only stop in the northeast this year in Portsmouth and it was a sellout.
This is gratifying for several reasons.
If you make a product here in New Hampshire that you sell to customers around the country, it is more than likely there is untapped potential in markets overseas. Exporting is a great way to diversify (and increase!) your bottom line.
But there are a lot of ins and outs to shipping your products to international customers and this kind of training helps you to navigate the process.
OIC and our many partners are dedicated to helping New Hampshire companies find success around the globe, no matter how big or how small they are. To see over 20 Granite State companies represented at this important training event shows us that they are finding success beyond the border and are committed to growing those markets.
Tina Kasim
Program Manager
Office of International Commerce
Clockwise from top: Dayou USA Trade Co.; New England Wire Technologies; Biteharder; Provident Bank; OIC/USCS team; Albany International; Titeflex; Kazakis Consultants International
The cost to attend is $20 (including breakfast) and you do not have to be a member of the BIA to attend. This is a popular event; be sure to register early!
7:30 a.m. Registration & Continental Breakfast
8 a.m. Welcoming Remarks Governor Chris Sununu
Senate President Chuck Morse
8:15 a.m. Financing Options for Small Business
Learn about traditional and alternative (non-traditional) options for financing your small business from a panel of experts – Gary Barr, TD Bank; John Hamilton, Community Loan Fund; and Greta Johansson, U.S. Small Business Administration.
9:10 a.m. SmallBusiness Boosters! Accessing global markets, bidding on, and winning, government contracts, and putting the state’s Job Training Fund to work are ways to boost your small business’s competitiveness. These programs are offered for free through the NH Division of Economic Development. Presenters: Tina Kasim, Office of International Commerce; Dave Pease, NH Government Contracting Assistance Center; Michael Power, Office of Workforce Opportunity.
10:15 a.m. Affordable Care Act Under Attack: Implications for Small Business
Hear about how changes to the ACA may impact your business and employees. Presented by Dartmouth-Hitchcock Health and New Hampshire Medical Society.
11:10 a.m. Taxing Issues for Small Business Whether it is “reasonable compensation,” apportionment, or taxes relating to the Affordable Care Act, there has never been a time more complex for the small business owner when it comes to taxes. We have assembled a panel of New Hampshire’s finest tax accountants and attorneys who will present on recent state and federal tax changes affecting the small business community and respond to your specific questions on taxes impacting your individual businesses. Presenters: Karl Heafield, Baker Newman Noyes; Kevin Kennedy, Maloney & Kennedy; John Rich, McLane Middleton; and Steve Lawlor, Nathan Wechsler
Recognizing the fact that New Hampshire exported approximately $93M of goods to the Middle East in 2009 alone, the New Hampshire International Trade Resource Center (ITRC) will host a seminar titled “Opportunities in the Middle East” at the New Hampshire Division of Economic Development (172 Pembroke Road) on Wednesday, March 24th from 9 a.m.-noon.
The seminar will feature Kam Shah of the U.S. Commercial Service’s Middle East/North Africa Business Information Center and Zenagui Brahim, New Hampshire Commercial Consul to Morocco discussing the culture, business and religion of the Middle East. The program will begin with an overview of the region followed by an in-depth examination of the business opportunities in the following markets: Saudi Arabia, United Arab Emirates, Israel and Morocco.
Following the country profiles will be a panel discussion on the culture, history and major religions of the Middle East and how they influence business opportunities. Top exports from the Granite State to the Middle East currently include transportation equipment and parts, medical device technologies, industrial machinery, plastics, aerospace components, food products, iron and steel articles, glass articles and electrical machinery.
Administered by the New Hampshire Division of Economic Development’s Office of International Commerce, the ITRC plans, develops and administers programs for international trade promotion and foreign market development. For more information about the ITRC, call (603) 271-8444, or visit their website at www.exportnh.org
With U.S. exports to India topping $18.6 billion in 2008 alone, the New Hampshire International Trade Resource Center will be holding a “Doing Business in India” roundtable at the New Hampshire Division of Economic Development (172 Pembroke Road) on Thursday, September 24th from 9 a.m.-noon.
Both large and small U.S. firms find India a lucrative market, especially for in the following sectors – aerospace and defense, airport and ground handling, computer technology, education services, electric power and transmission equipment, food processing, medical equipment, telecom equipment, retail and franchising, textile machinery, pollution control equipment and mining equipment. India’s GDP, growing at 6.7% (for 2008-09), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years.
Roundtable speakers will include U.S./India Business Council President Ron Somers, Charles Maddox, South Asia Desk, U.S. Commercial Service and Himanshu “Dicky” Desai of the India Association of New Hampshire.
The cost of the program is $40 per person. To register, please contact Katy Reno at (603) 271-8444 or katy.reno@dred.state.nh.us.
Administered by the New Hampshire Division of Economic Development’s Office of International Commerce, the ITRC plans, develops and administers programs for international trade promotion and foreign market development. For more information about the ITRC, call (603) 271-8444, or visit their website at www.exportnh.org
The seminar will feature Kam Shah of the U.S. Commercial Service’s Middle East/North Africa Business Information Center and Zenagui Brahim, New Hampshire Commercial Consul to Morocco discussing the culture, business and religion of the Middle East. The program will begin with an overview of the region followed by an in-depth examination of the business opportunities in the following markets: Saudi Arabia, United Arab Emirates, Israel and Morocco.
Both large and small U.S. firms find India a lucrative market, especially for in the following sectors – aerospace and defense, airport and ground handling, computer technology, education services, electric power and transmission equipment, food processing, medical equipment, telecom equipment, retail and franchising, textile machinery, pollution control equipment and mining equipment. India’s GDP, growing at 6.7% (for 2008-09), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years.