Michigan Companies Travel to China for Export Opportunities
Business leaders from seven Michigan companies are traveling to China this week to meet with prospective partners, distributors, and buyers to increase export opportunities.
“This trade mission will open doors for these companies by helping them identify and enter into new relationships there," says Steve Arwood, CEO of the Michigan Economic Development Corp. International Trade Office. "These Michigan companies, with products ranging from renewable energy solutions to complex automotive components, will have a never-before-seen opportunity to reach new customers in the fastest-growing economy in the world.”
Led by the trade office, delegates are attending business events, which include customized appointments in Beijing, Shanghai, Hangzhou, and Guangzhou. They will also receive in-country briefings about doing business in China.
Participating companies include: Arbor Plastic Technologies LLC, (Sterling Heights); Bulman Products Inc., (Grand Rapids); Energy Design Service Systems, (Whitmore Lake); Hybrid Design Services Inc., (Troy); Movimento Group, (Plymouth); Pritech Co., (Canton); and Sakor Technologies Inc., (Okemos).
China is the lead market for facilitated Michigan exports, with $61 million in year-to-date export sales to China and 34 new market entries for Michigan companies.
The China export mission is the trade office's seventh mission in 2015. Other missions have included United Arab Emirates, Mexico, Brazil, Colombia, Canada, and Eastern Africa.