Helping Florida Grow, One Trade Mission at a Time

Author: Mark A. Trowbridge, President & CEO, Coral Gables Chamber of Commerce

 

Having just returned from the Florida Chamber of Commerce’s first-ever mission trip to Ireland and the UK, I am both energized and optimistic about what lies ahead for Florida’s local chambers of commerce and fellow delegates. These outbound mission trips are incredible opportunities to build business, and in our case, make vital connections with potential partners and collaborators.

With a diverse cross-section of business leaders— led by the Florida Chamber’s International Chair and past Chairman of the Florida Chamber Eric Silagy, CEO of Florida Power and Light— the Florida Chamber’s Business Development and Trade Mission proved to be a terrific chance to form bonds that I am confident will pay dividends far beyond this one-week mission. Education policy leaders, university officials, tourism professionals, banking executives, aviation leaders, small business owners, as well as the Coral Gables Chamber, gathered to create a resource team dedicated to selling Florida as the best place for business. Whether in Ireland or the UK, the energy was palpable and our team was on hand to answer the simple question: Why Florida?

The Florida Chamber Foundation’s The Florida Scorecard, tells us that more than 348,800 Floridians are employed by foreign companies, and a good majority are employed by companies in both Ireland and the UK. With booming economies and tech scenes that are getting noticed globally for companies like Capstone and Cloudbanter, now is the right time to talk about foreign direct investment in Florida.

While in Limerick, two Irish companies committed to opening in Jacksonville, Florida and our own Bank of America announced its intention to move its E.U. headquarters to Dublin. We also met with a Dublin-based scale-up, Pointy, who is working with local retailers to share their product inventories online to assist consumers in easier product procurement.  Now, that is purchasing power! They are interested in the US and we’ve committed to connecting further and making introductions to a great Florida company—Publix Supermarkets.

Before heading to London, we ended our stay in Ireland by hosting a reception with the new Mayor of Dublin, Lord Mayor Nial Ring (now, that’s a great title!). He proved to be a great ambassador for this amazing city and was eager to meet our delegation to share the state of the business climate in Dublin and in Ireland.

In London, the conversation shifted to talks of Brexit, which consumed the airwaves on every “telly” and became the focus of many meetings. Clearly, uncertainty has caused some concern for the local governing officials, but business was brisk in the capital city. The Coral Gables Chamber has always enjoyed a special relationship with our partners in the UK, but this takes on an even more significant meaning in an era of growth and opportunity.

Florida remains of great interest to companies in the UK, and in meeting with London and Partners, an economic development agency with offices in NY, Chicago, LA and San Francisco, we made the strong pitch for investments in Florida—specifically, Miami.

Meeting with companies who have an interest in Florida can be both exhilarating and daunting.  Whether it be through one on one meetings, group briefings, or even in social settings like the reception we co-hosted with VISIT Florida, Enterprise Florida and Leadership Florida at The Shard, you must be ready to make your “pitch” at any moment. Florida’s future is always on our minds and this mission helped us hone in.

With the Tower of London and Tower Bridge as a backdrop, we were reminded of not only the history of our two great economies, but the inter-dependence of our common goals that are focused and poised for growth.

With many thanks to the Florida Chamber, our organization stands at the ready to welcome these new companies to Florida and we will roll-out the red carpet as a local chamber to help them invest their capital, hire our amazing talent and make Florida their forever home.

 

Mark A. Trowbridge, President & CEO, Coral Gables Chamber of Commerce

Ireland & the United Kingdom: Trade Mission & Matchmaking

The Florida Chamber of Commerce will be leading a Business Development and Trade Mission to Dublin, Ireland and London, United Kingdom, December 3-7, 2018. This mission will provide Florida businesses with the opportunity to meet with potential customers and partners.

Florida exporters will have the opportunity to take advantage of matchmaking services in Dublin and London. This opportunity includes:

– Customized market and industry briefings with a qualified trade specialist
– Market Research
– Appointments with prospective trade partners in key industry sectors

Download a Complimentary Presentation Today

Complete the form below to get a complimentary copy of the Florida Chamber of Commerce Global Florida presentation from September 25, 2018.

For more information, please contact Dan Tapia at dtapia@flchamber.com or 850.521.1206.

 

 

 

Global Florida Presentation: Sept. 25, 2018
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Florida Chamber Embarks on Trade Mission to South Korea and Taiwan

Goal is to Enhance Trade Between Florida and These Important Trading Partners

TALLAHASSEE, FL (April 18, 2016) – To strengthen Florida’s competitive edge in the global economy, the Florida Chamber of Commerce this week is participating in an economic trade mission to South Korea and Taiwan – meeting with international leaders to continue growing trade between Florida and these important trading partners.

While there, David Hart, Executive Vice President for the Florida Chamber, will address dignitaries and business leaders and showcase the Florida marketplace. The trade mission is being led by Enterprise Florida, Inc.

According to Alice Ancona, Director of Global Outreach for the Florida Chamber of Commerce, global trade is big business in Florida. That’s because 95 percent of the world’s consumers, who also hold 80 percent of the global purchasing power, are outside the United States.

“International trade allows Florida companies to reach these consumers and helps our state create jobs and economic opportunity, and remain the global hub for trade and logistics. By joining Enterprise Florida on this Export Development Trade Mission, we are able to share why international matters to Florida,” Ancona said.

The Florida Chamber has remained committed to ensuring Free Trade Agreements (FTA) are in place to help create greater economic opportunities, that includes lobbying in Washington, D.C. for the Korea-U.S. FTA of 2012. Currently, Florida exports more than $702 million in commodities to South Korea, and imports $1.9 billion. Florida also enjoys a unique trade relationship with Taiwan that includes exporting $238 million in commodities.

“Building relationships in emerging and growing global economies is an essential tool for Florida to remain competitive,” said Jim Pyburn, Director of Business Development for Port Everglades. “Here in South Korea and Taiwan, we are getting a hands-on look at just how beneficial these relationships can be.”

Florida’s record investments in transportation and infrastructure make it the ideal place to leverage and grow trade and logistics opportunities. Consider the following:

Florida’s freight system moves 740 million tons of freight annually, including international imports and exports, domestic movements to and from other states, and internal shipments within Florida,
Air Cargo generates 36 percent of Florida’s international trade dollars,
Miami International Airport is number one in the U.S. for international freight, and
Four of Florida’s ports are considered the fastest growing in the U.S.: Miami, Palm Beach, Everglades and JAXPORT.

“International Trade is critical to Florida’s global economy, and our freight infrastructure is a key asset in attracting that trade to our state,” said Doug Wheeler, President and CEO of the Florida Ports Council. “Current investments in upgrades and expansions for our state’s ports and freight corridors will ensure that Florida exports can quickly and efficiently get to countries around the world like South Korea and Taiwan.”

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The Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations, aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Sec. Bill Johnson Discusses Peru, Marketing FL and Partnerships on Bottom Line

In Florida, global trade means high-wage jobs and economic prosperity. Florida is home to more than 60,000 firms dedicated to bringing their goods and services to consumers around the globe. International business and foreign direct investment accounts for approximately 17 percent of Florida’s economic activity, and directly supports more than 1 million Florida jobs.

In fact, this month, the Florida Chamber’s Director of Global Outreach, Alice Ancona, joined Secretary of Commerce Bill Johnson, Lieutenant-Governor Carlos Lopez-Cantera and more than 80 Florida businesses on an economic development mission to Peru- Florida’s 9th largest trading partner. According to Secretary Johnson, so far, direct hard sales are at $27 million from the Peru trip.

“What we emphasized down in Lima, Peru and to our friends in Peru is that Florida is in the center of the hemisphere,” said Secretary of Commerce Bill Johnson.  “And Florida can provide you the opportunity for your company, for your business, whether you are importing or exporting- Florida can save you time and money. Florida should be your logistics center for everything you do.”

While Florida is quickly building a reputation as the global hub for international trade, we can do more to marketing Florida’s business friendly climate in the U.S. California, a state that has ranked as one of the worst business climates in the nation for the past 11 years, spends $50 million per year on out-of-state marketing. New York, home to the most expensive city in the nation, is in the middle of a $200 million ad campaign that promotes New York’s business climate as a place to start and grow your business.

“One of the most important things I hope to accomplish as the new CEO of Enterprise Florida is to gain the support of the Florida legislature in this area of marketing,” said Secretary Johnson. “I’m thankful to the Florida Chamber for the support, and our business community for the support, in really asking the legislature to allow us to work together to mount an intelligent campaign, to let not just Floridians know, but the United States and globally know, that Florida is the place to do business.”

To Secretary Johnson, moving Florida in the right direction means strategic partnerships that will help create jobs.

“The Florida Chamber without question is the best chamber in the United States- top leadership. I had the honor to serve on the Board of the [Florida] Chamber of Commerce for six years. I know the power of what the Florida Chamber of Commerce does and what it can do. Clearly, the Florida Chamber was instrumental in the creation, many years back, of Enterprise Florida. And today, as we continue to grow the economy and the number of jobs in our state, the Florida Chamber is one of the most important partner of ours at EFI. I am fortunate as the new CEO of this organization to have the support of Mark Wilson and the whole team of professionals here at the Florida Chamber. I cannot stress the importance of that strategic alliance and working together- that’s how we will grow Florida, that’s how we will strengthen this economy, that’s how we, together, will grow jobs in the state– through partnerships.”

Florida Chamber to Build Trade Relations During Peru Trade Mission

FOR IMMEDIATE RELEASE
CONTACT: Edie Ousley, 850-521-1231 or 850-251-6261
eousley@flchamber.com

 Peru Chamber of Commerce and
Florida Chamber to Sign MOU

TALLAHASSEE, FL. (March 20, 2015) – Building on Florida’s once-in-a-generation opportunity to transform Florida’s economy into a global hub for trade, logistics and export-oriented manufacturing activities, the Florida Chamber of Commerce will join Lt. Governor Carlos Lopez-Cantera and Enterprise Florida on a trade mission trip to Peru next week.

Alice Ancona, Director of Global Outreach for the Florida Chamber; Lee Sandler, Member, Florida Chamber Board of Directors, Chair of the Florida Chamber International Business Council, and Founding Member of Sandler, Travis, and Rosenberg, P.A.; and Bob Grammig, Member, Florida Chamber Board of Directors and Partner at Holland & Knight, will lead the Florida Chamber delegation.

“The Export Development Trade Mission to Peru will give Florida companies the opportunity to meet current and future trading partners in one of the fastest-growing economies in Latin America,” said Bill Johnson, Florida Secretary of Commerce and CEO of Enterprise Florida, Inc. “Expanding the exports of Florida products to Peru even higher than last year’s $2.8 billion will expand Florida businesses and put even more Floridians to work.”

According to research from the Florida Chamber Foundation, international business and foreign direct investment account for approximately 17 percent of Florida’s economic activity, and directly support more than 1 million Florida jobs. With more than 30 million people and one of the strongest economies in South America, there is a strong potential for Florida companies to expand their exports to Peru. Florida currently exports many different types of Florida-origin products to Peru, including industrial and electric machinery, fertilizers, vehicles, civilian aircraft, and medical instruments.

“Trade missions are effective investments in future trade and are an important way for Florida companies to develop relationships with prospective trade partners,” said Dr. Jerry Parrish, Chief Economist at the Florida Chamber Foundation. “Companies that want to expand their exports often find that investing in relationship building leads to more success in finding trading partners and markets.”

Consider These Peru and Florida Facts:

  • With an estimated 229,000 Peruvian visitors to Florida in 2013, Peru is the 14th-highest nation for Florida visitors.
  • According to the Florida Visitors Study 2013, Peru is also the 9th-highest country in terms of tourist spending while in Florida, with more than $364 million spent in 2013.
  • Peru is Florida’s eighth largest trading partner with more than $2.8 billion in Florida products exported to Peru last year,
    Peruvian imports totaled $2.6 billion in 2013,
  • In 2013, Peru achieved its 15th consecutive year of economic growth at 5 percent and Peru continues to be one of the best performing economies in Latin America.

Building a global economy means opportunities for Florida’s small businesses as well. In fact, 95 percent of our state’s 60,000 exporters are small-to-medium-sized businesses that produce two-thirds of Florida’s total export value, according to the Chamber Foundation’s recent Peru Mission Equal Jobs and Economic Opportunity report.

“Big businesses can, in many cases, take care of themselves on this,” said Bob Grammig, Partner at Holland & Knight in a recent Florida Chamber Series on Free Enterprise interview. “But for smaller businesses, it’s very helpful to have an organization like the Florida Chamber to help drive necessary changes.”

The impact international relationships have on Florida’s businesses can be particularly helpful for small businesses trying to break into international trade like Florida Chamber Foundation trustee Endoscopy Replacement Parts.

“Global trade is an important part of not only our business, but also Florida’s future,” said John Hartnett, Vice President of Global Business Development at Endoscopy Replacement Parts. “The boost Florida companies receive to compete worldwide positions them in helping Florida further develop international business, help our diversification, and help create more jobs in our state.”

While on the Peru Mission, the Florida Chamber of Commerce and the Lima Chamber of Commerce will sign a Memorandum of Understanding (MOU) to help promote trade and investment opportunities between Peru and the United States. The Wednesday, March 25 signing will include representatives from the Lima Chamber as well as Alice Ancona, Director of Global Outreach for the Florida Chamber, Lieutenant-Governor Carlos Lopez-Cantera, Lee Sandler of Sandler, Travis & Rosenberg, P.A., and Bob Grammig, Partner at Holland & Knight.

Others participating in the Peru trip include: CAMACOL, AMCHAM, Port Miami, Florida Department of Transportation, Port Everglades and more.

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The Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations, aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Florida Trade Missions Equal High Wage Jobs and Global Opportunities

The Sunshine State is home to more than 60,000 firms dedicated to bringing their goods and services to consumers around the globe. International business and foreign direct investment accounts for approximately 17 percent of Florida’s economic activity, and directly supports more than 1 million Florida jobs.

In Florida, global trade means high-wage jobs and economic prosperity. Economic development and trade missions with partners like Enterprise Florida, Inc. are one way to build Florida’s global economy. In fact, this month, the Florida Chamber’s Director of Global Outreach, Alice Ancona, will join statewide leaders, business and economic development professionals on an economic development mission to Peru. Secretary of Commerce Bill Johnson and Enterprise Florida will lead this effort.

“The Export Development Trade Mission to Peru will give Florida companies the opportunity to meet current and future trading partners in one of the fastest-growing economies in Latin America,” said Bill Johnson, Florida Secretary of Commerce and CEO of Enterprise Florida, Inc. “Expanding the exports of Florida products to Peru even higher than last year’s $2.8 billion will expand Florida businesses and put even more Floridians to work.”

With more than 30 million people and one of the strongest economies in South America, there is a strong potential for Florida companies to expand their exports to Peru. Florida currently exports many different types of Florida-origin products to Peru, including industrial and electric machinery, fertilizers, vehicles, civilian aircraft, and medical instruments.

Florida’s tourism industry benefits as well, with an estimated 229,000 Peruvian visitors to Florida in 2013, up 10 percent from 2012. This makes Peru the 14th-highest nation for Florida visitors. According to the Florida Visitors Study 2013, Peru is also the 9th-highest country in terms of tourist spending while in Florida, with more than $364 million spent in 2013.

With three major seaports and more than 5,400 miles of navigable waterways, Florida business have strong trade opportunities in Peru.

“Peru has a dynamic and expanding economy, and is projected to be one of the fastest growing in Latin America for years to come,” Enterprise Florida Senior Vice President of International Trade and Development, Manny Mencia said about the upcoming mission. “This presents unique opportunities for Florida exporters. If you look at the products that are in demand in Peru, they are all sectors in which Florida specializes. The market is well-positioned for Florida companies to expand, and there’s also interest from Peru in expanding relations with Florida.”

Consider these Florida trade facts:

The impact of global trade and building international trade relationships are key for a secure and sustainable future.

Share Your Story:

There are many tools available to help Florida’s diverse businesses take advantage of trade opportunities found in countries like Peru. What are some tools that have been effective in your community? We want to hear from you. Email jparrish@flfoundation.org today and share your story.

Join Us:

Register to attend the Florida Chamber’s International Days summit scheduled for April 7-9 in Tallahassee. Click here to register and to view the agenda.

About the Florida Scorecard:

The Florida Scorecard, located at www.TheFloridaScorecard.com, presents metrics across Florida’s economy. Each month, the Florida Chamber Foundation produces a Scorecard Stat that takes an in-depth look at one aspect of Florida’s economy. If you would like additional information on the Weekly Scorecard Stat or on the Florida Scorecard, please contact Dr. Jerry Parrish with the Florida Chamber Foundation at 850.521.1283.