This post originally appeared on the Department of Commerce blog.
As businesses work to expand their international export networks, they look to the Department of Commerce’s U.S. Commercial Service (CS) to move domestic and foreign economy relations forward. The U.S. Export Assistance Center (USEAC), a major part of Commerce’s CS, specifically provides key opportunities through counseling, special events and specific business matchmaking. This business matchmaking can broaden opportunities for further export sales with a multitude of countries. Escalade, Inc. of Evansville Indiana, now an international manufacturer and distributor of sporting goods brands, partnered with the USEAC in Indianapolis ten years ago to establish themselves in Latin America.
Establishing a foothold in one reputable export country such as Mexico paves the way for businesses to grow and sustain export networks in similar countries. This global diversification creates opportunities for both U.S. firms as well as foreign countries to strengthen economies and become more internationally competitive. Yesterday, U.S. Secretary of Commerce Penny Pritzker attended the U.S.-Mexico CEO Dialogue at the U.S. Chamber of Commerce. Secretary Pritzker emphasized achievements of the High-Level Economic Dialogue (HLED), which include new air travel agreements, steps to improve border management. Strengthening people-to-people ties in the near future with these types of forums, Pritzker stated, will continue to play a key role in creating export success stories similar to that of Escalade, Inc.