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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 18, 1981
Page
15
New York State promotes exporting as a profitable path for manufacturers. The program highlights a computerized system, a directory of ten thousand New York made products, sales leads called Export Opportunities, trade shows, seminars, private counseling, and a free how-to book. Consultants are reachable at (212) 949-0579 for more information.
Kenneth Scott of Lincoln First Bank argues exports are a vital interlocking part of the economy with millions of jobs tied to foreign sales. He notes exports rose to 221 billion in 1980, eight and a half percent of GNP, and demand global markets as a main growth path for U S manufacturing.
The County Legislature may adopt laws to establish a foreign trade zone in the county and sign a contract with the Chamber of Commerce as administrator. The chamber cites its leadership and the World Commerce Association with 120 members, aiming to help local firms expand international trade, aid economic development, and potentially raise employment. A local FTZ Board will be formed, a developer-operator sought, and the federal application submitted, with approval expected in 3 to 6 months and operations possibly starting early 1982.
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