Precision Laser Exports to Create U.S. Jobs
The U.S Department of Commerce last week delivered to Congress a comprehensive report on The Competitiveness and Innovative Capacity of the United States. The report was mandated as part of the America COMPETES Reauthorization Act of 2010, which was signed into law by President Obama in January last year. The report addresses a diverse range of topics and policy options, including trade policy.
The report reads: “A vibrant and expanding export market is essential for economic growth and for creating new jobs. Ensuring that U.S. businesses have fair and open access to foreign markets is an important component of increasing U.S. exports. This is yet another area where there is a clear role for government to improve the competitiveness of the United States.”
Recent progress has been made on this front, note the approval of the trade pacts with Colombia, Panama, and South Korea last October. But more needs to be done.
U.S. Chamber small business member Drew Greenblatt is the President of Marlin Steel Wire Products, LLC, in Baltimore. “From a business perspective, the foremost goal of U.S. trade policy should be to tear down those barriers so companies like mine can start exporting to new markets. We want more of that growth. As the president of the firm, I truly understand the importance of international trade and the impact it can have on small business. It’s simple: we want to ship to more countries, grow our client base, and create more jobs. The more we diversify our client base the more stable we will be," Greenblatt says.
One fourth of Marlin Steel Wire Products employees are employed as a direct result of the company’s export business. On Thursday, Marlin Steel will have a ribbon cutting ceremony to unveil its new USA-made Precision Laser. Small companies like Marlin Steel are putting Americans back to work by innovating and exporting products to countries all over the world. Now let’s keep the momentum on trade and global commerce moving forward.