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Utah Still Needs the European Market, and Europe Still Wants Utah BusinessAugust 18 2014 - 10:18 am
For Immediate Release
August 18, 2014
Michael Sullivan, GOED Communications Director
Utah Still Needs the European Market, and Europe Still Wants Utah Business
German economic developer will show why Europe is still a prime export market
Salt Lake City, UTAH — The European Union is Utah’s largest export market, according to trade.gov. At this September’s Utah Global Forum, Managing Director Thomas Schuck of gwSaar will tell Utahns why Europe should continue as an important exporting region for Utah businesses.
From 2011-2013, Utah exported on average $6 billion dollars in goods to the European Union (trade.gov). And according to export.gov, the U.S. and Europe make up more than 40 percent of the global economy and circulate more than $1.5 trillion every year in trade and investment. Since 1992, Schuck has worked with gwSaar to add to this European market growth by promoting economic development in Saarland and Germany—stimulating growth in the already strong state industries of automotive technology, information technology, medical technology and more.
The company has contracted with the state of Utah to promote Utah products to the other EU countries, giving Utah businesses an automatic, professional connection in the European market.
Before becoming managing director, Schuck served in several capacities involving state economic development. Today, he is also a member of an expert advisory committee for German Trade and Invest in Berlin and will share his expertise with forum attendees this fall.
Any company with an intent in growing or starting their firm in exporting should attend the Utah Global Forum, presented by Governor Gary R. Herbert. UGF is Utah’s premiere international event organized to connect Utah business owners, leadership, sales and marketing professionals with the global market and to showcase what makes Utah great for foreign investors. The event will attract a broad domestic and international business audience and will inspire attendees to start or increase global trade and investment.
The forum will be held Sept. 24 in the Salt Palace, Grand Ballroom. To register, visit utahglobalforum.com. Registration is limited and will sell out quickly.
Thomas Schuck, managing director, gwSaar Saarland
About the Utah Governor’s Office of Economic Development (GOED)
The Governor’s Office of Economic Development (GOED) charter is based on Governor Gary Herbert’s commitment to economic development statewide. Utah’s economic development vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business destination. The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state. GOED accomplishes this mission through the administration of programs that are based around targeted industries or “economic clusters” that demonstrate the best potential for development. GOED utilizes state resources and private sector contracts to fulfill its mission. For more information please contact: Michael Sullivan, 801-538-8811 or firstname.lastname@example.org