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- National Export Initiative: Off to a Solid Start
- Green Jobs, Domestic Growth, and Overseas Sales: A Winning Combination
- Trade Mission, Agreements Promote U.S. Nuclear Technology in Eastern Europe
- Short Takes
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Short Takes: News from the International Trade Administration
U.S. Aerospace Industry Promoted at Farnborough Airshow
At the Farnborough Airshow on July 20, Nicole Lamb-Hale, assistant secretary for manufacturing and services, visited the cockpit of a Boeing 787 Dreamliner. (U.S. Department of Commerce photo by Holly Vineyard)
U.S. aerospace products, technologies, and services were on display to thousands of potential international buyers this past July at the Farnborough International Airshow in England. The show is held every two years and is one of the largest international trade shows in the industry. In 2008, the event booked $88.7 billion in orders.
Nicole Y. Lamb-Hale, assistant secretary for manufacturing and services, attended the show, helped open the U.S. pavilion, and held a town hall meeting with U.S. exhibitors.
“The aerospace industry is one of the United States’s most globally competitive sectors,” noted Lamb-Hale. “It accounts for the largest trade surplus among U.S. manufacturing industries and will be a key focus of the administration’s export promotion efforts under President Obama’s National Export Initiative.”
The U.S. aerospace industry supports more jobs through exporting than does any other sector. In 2009, the industry posted exports of $81.5 billion. Leading markets included China, France, Germany, Japan, and the United Kingdom.
During the show, Lamb-Hale held bilateral discussions with officials from Brazil, Jordan, and the United Kingdom in support of U.S. exports. She also cochaired a meeting of the Civil Aviation Subcommittee of the U.S.–India High-Technology Cooperation Group with Madhavan Nambiar, secretary of the Indian Ministry of Civil Aviation.
“Emerging economies like India are priority markets for the United States,” said Lamb-Hale. “The planned development of India’s airport infrastructure beyond its major cities will be an important focus [of U.S. export promotion efforts].”
This year, more than 1,400 exhibitors from 38 countries participated in the Farnborough Airshow. Among the exhibitors were more than 240 U.S. firms and 130,000 trade visitors.
For more information about the U.S. aerospace industry, visit the International Trade Administration’s Office of Transportation and Machinery website.
New Deputy Assistant Secretary for Manufacturing Named
Peter M. Perez, a 40-year veteran of the manufacturing sector, joined the International Trade Administration (ITA) on July 12, 2010, as the deputy assistant secretary for manufacturing. Perez will be responsible for identifying key factors affecting competitiveness and barriers to exports for more than 21 industry sectors.
“Peter’s extensive experience as a manufacturer will be invaluable to the Manufacturing and Services unit of ITA as we develop strategies to sustain and strengthen manufacturing in the United States to support job creation,” said Nicole Y. Lamb-Hale, assistant secretary for manufacturing and services. “Having successfully led his business through good times and bad using various strategies, including exporting, Peter has firsthand knowledge of the opportunities and challenges faced by U.S. manufacturers.”
The United States is the world’s largest manufacturing economy, employing nearly 12 million Americans who produce $1.6 trillion in manufactured products annually. The United States produces 18 percent of the world’s manufactured goods.
“I am looking forward to rolling up my sleeves and getting to work to support the president’s National Export Initiative and to improve the competitiveness of American manufacturers,” said Perez. “I am very passionate about putting people back to work and making sure our companies can compete globally on a level playing field.”
Perez has an extensive background in the manufacturing sector, beginning with his role at CBS Musical Instruments and culminating with his family-owned business, Carter Products Company of Grand Rapids, Michigan. Perez has served as the president of the Wood Machinery Manufacturers of America and on the board of the National Association of Manufacturers as a representative for small and medium-sized manufacturing companies.
Contributors to this section include Brian Brothman and Fred Elliott of the International Trade Administration’s Manufacturing and Services unit.
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