Georgia Gov. Brian Kemp and U.S. Commerce Secretary Wilbur Ross joined company officials, legislators and diplomats for a groundbreaking ceremony on the Korean investment that is set to become the largest ever foreign deal for the state. SK Innovation announced earlier this year that it would put a $1.67 billion electric vehicle battery factory in […]
Report: Trade Supports One in Five U.S. Jobs and More Than a Million in Georgia
International trade supports about 39 million jobs in the U.S., a ratio of about one in five, challenging the view that a more open economy leads to the displacement of American workers, according to a new report. More 1.2 million jobs in Georgia can be linked to imports and exports, a number that includes the […]
Despite Trade War, Georgia Returns to Record Trade Numbers
Despite an ongoing trade war that has caused considerable readjustments in supply chains and led some to fret about the effects of tariffs on global growth, Georgia’s trade numbers returned to record levels after moderate growth last year. Exports from the state in 2018 soared nearly 9 percent to a record $40.5 billion, marking the […]
APEC Forum Interview: How Singapore Retrains Workers Displaced by Trade, Technology
Editor’s note: While covering the National Center for APEC’s executive roundtable in Atlanta March 1, we caught up with Ho Meng Kit, chief executive of the Singapore Business Federation, which advocates and builds capacity for its 26,000 members, educating them on policy changes, helping them deal with workforce challenges and teaching them about the implications […]
APEC Forum Interview: Removing Hurdles to Trade for Women-Owned Businesses Globally
Editor’s note: During the National Center for APEC’s recent Atlanta roundtable, Global Atlanta caught up with Laura Lane, president of global public affairs at United Parcel Service Inc., to discuss how APEC can help address the systemic issues that keep female small-business owners from engaging more deeply in the global economy. This interview has been edited for […]
APEC Forum in Atlanta: Trade Should Be an Engine for Inclusive Growth
Amid backlash over global trade, the Asia Pacific Economic Cooperation is putting a renewed emphasis on telling the story of how global integration can be an uplifting force for all levels of society. That was the thrust of a high-level executive forum for the 21-country group in Atlanta Friday, March 1, where business leaders mingled […]
Fintech Startup Sees Silver Lining in Dashed Export Deal
Monotto is looking in the next two years to gain its first international client. With a little more luck, the fintech startup could have met that goal more than a year ago. Monotto provides white-labeled software that allows banks to offer their customers an automated savings function, but not simply by rounding up to the […]
Taking Powdered Peanut Butter to the World
In 2013, Reid Edgar had become a fan of powdered peanut butter, but there were a few things about the emerging category that didn’t impress the Atlanta native. For one, the flavors lacked ingenuity. But the bigger problem was why: Little competition meant that the top producer had no reason to innovate. Powdered peanut butter is basically […]
EU’s Quiet Message to Trump: European Ties Support 237,000 Jobs in Georgia
As President Donald Trump threatens to “tariff the hell out of” Europe in advance of upcoming negotiations, the EU is taking a quieter tack toward showing how playing hardball on trade could be problematic for the U.S. This month the EU Mission to the U.S. in Washington released a state-by-state analysis of the two-way trading […]
Lighting Africa From Atlanta: Solar Contractor Sees Profitable Future in the Developing World
A pivot for some companies may mean tweaking a product line or embracing a new marketing plan. In Renewvia Energy Corp.’s case, it landed executives in African fishing villages, by way of South America. After its founding in 2009, Renewvia very quickly realized that its proposed business model — owning and operating rooftop solar arrays […]
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