wvedc annual meeting september 23, 2014. west virginia development office international division...
TRANSCRIPT
West Virginia Development Office
International Division RepresentativesInvestment Export PromotionHollie Hubbert [Asia Pacific] Caitlin AshleyAngela Mascia [Europe] Enybe Diaz
Export Promotion Program•95% of the world’s consumers live outside the United States•$8.5 billion in 2013•Trade shows/missions
2014 Export Promotion Events•Dubai International Wood Expo Dubai, U.A.E.•Trade Winds: The Americas Bogota, Colombia•American Institute of Architects Expo Chicago•West Virginia Mission to Mexico Mexico City, Monterrey,
Guadalajara•International Woodworking Fair Atlanta•Furniture & Mfg. Supply China Shanghai, China
Governor’s Commendation for International Market Entry•100 awards given to 37 small and medium-sized exporters•Export sales to 72 different countries•Awards recognizing coal, plastics and chemicals
Promotion of West Virginia as a location for foreign investment•West Virginia Japan Office•West Virginia Europe Office•Primary Target IndustriesAerospace, Automotive, Chemicals, Hardwood Products, Metalworking, Polymers
Automotive Sector•Assembly plants in theEastern U.S.•Focus on suppliers of automotive parts (Tier 1, 2, 3) •Trends: hybrids, electric vehicles, fuel cell technology
• Trade shows• Direct mail, print,
web-based• Governor’s Missions• Special marketing events Greenbrier Classic, New York,
in-bound missions
Marketing Methods
Incentives to Investment• Improved business climate• Tax credits• Financing programs• Workforce training support
WEST VIRGINIA ranks in the top half of the country for tax competitiveness (23rd) and better than all our border states:• Pennsylvania—24th• Virginia—26th• Kentucky—27th
• Ohio—39th • Maryland—41st
Origin of International Investment ProjectsCOMPANY COUNTRY ORIGIN OF LEADNGK Spark Plugs Japan Initial contact by Senator Rockefeller
K.S. of W.V. Japan Japan office (supplier to NGK)
Diamond Electric Japan Trade show (SAE)
Toyota Motor Mfg. WV Japan Initial contact by Senator Rockefeller
Okuno International Japan Marketing visit by Japan Office/WVDO
Stockmeier Urethanes Germany Direct mail
Nippon Thermostat Japan Marketing visit by Japan Office/WVDO
Allevard Sogefi Italy Direct mail
Kureha PGA Japan Marketing visit by Japan Office/WVDO
Hino Motors Japan Marketing visit by Japan Office/WVDO
Randox Laboratories Northern Ireland Direct mail
Nippon Tungsten Japan Marketing visit by Japan Office/WVDO
Gestamp Spain Building owner referral
Pietro Fiorentini Italy Industry association seminar