Business

The Greater Houston Partnership Develops Plan For More Companies To Export Products

The Greater Houston Partnership has developed it as part of the Global Cities Initiative.

Bret Scholtes, Chair of the Greater Houston Partnership’s Steering Committee for the Global Cities Initiative and President and CEO of Omega Protein Corporation; David Price, executive with ExxonMobil; Dan Allford, president of ARC Specialties; and Marek Goodman, fellow and director of strategic partnerships and global engagements at Brookings participated in a panel on exporting held during the Partnership’s event to present its plan.
From left to right: Bret Scholtes, Chair of the Greater Houston Partnership’s Steering Committee for the Global Cities Initiative and President and CEO of Omega Protein Corporation; David Price, executive with ExxonMobil; Dan Allford, president of ARC Specialties; and Marek Goodman, fellow and director of strategic partnerships and global engagements at Brookings during a panel on exporting held as part of the Partnership’s event to present its plan.

The Greater Houston Partnership has released a plan for local companies to increase their exports to diversify the region’s economy.

The Greater Houston Partnership came up with the plan as part of the Global Cities Initiative, a project developed by the Brookings Institution and JPMorgan Chase to help American metropolitan areas engage more in world markets.

Exporting more electronic products and industrial machinery, among other goods, are some of the ideas in the plan, which also touches on expansion.

“Mexico and Latin America has been a prime market for us, but China and Asia is a growing market for us, so we need to continue to look at what we can do into Latin American and continue to see what we can do in Asia,” said Patrick Jankowski, senior vice president of research for the Greater Houston Partnership during an event organized in Houston to present the plan.

Marek Gootman, fellow and director of strategic partnerships and global engagements at Brookings, underlined the increasing opportunities in exporting.

“The vast majority of exporting is done by very large companies and those very large companies are not generating the same kind of employment as middle size companies are. And there’s plenty of opportunity potential to grow middle size companies,” Gootman explained.

The plan notes that the industries which account for two-thirds of Houston’s exports are related to the energy sector.

One strategy to increase exports is making sure the needs of freight are taken into account in future transportation plans for the Houston region.

http://www.documentcloud.org/documents/2792757-Greater-Houston-Partnership-Export-Plan-April-2016.html

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Alvaro ‘Al’ Ortiz

Digital News Producer

Alvaro ‘Al’ Ortiz is originally from Madrid (Spain). He worked for several years in his home country and gained experience in all platforms of journalism, from wire services to print, as well as broadcast and digital reporting. In 2001, Al came to the United States to pursue a Master’s degree...

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