The Governor’s Office of Economic Development (GOED) led a trade mission to the Hannover Messe trade show in Hannover, Germany this week to help Utah businesses expand into European markets.
In cooperation with Utah’s State Trade and Expansion Program (STEP), GOED has provided six Utah businesses with the opportunity to exhibit at the Hannover Messe industrial technology market. The companies have gained trade connections and built relationships to generate technological advances and growth for their products.
Participating companies include:
- Kaddas Enterprises Inc.
- Autonomous Solutions, Inc. (ASI)
- Spectra Symbol
- Tycon Systems
- US Synthetic
“Hannover Messe is one of the world’s largest trade fairs for industrial technology, and we are pleased with the relationships we’ve formed and the successes we have found,” said Franz Kolb, regional director in GOED’s International Trade and Diplomacy Office. “We are confident our continued participation will help grow Utah businesses and expand the state’s trade relationship with the European Union and other countries.”
The European Union is Utah’s largest trading partner with $4.3 billion worth of exports from Utah to the EU in 2015 and a 54 percent increase in trade between the EU and Utah from 2014-2015. Likewise, there have been four Utah trade missions to Europe in the past five years with Hannover being the fifth to bring more business to Utah companies.
“The Hannover Messe trade show has been valuable for us because we’ve been able to meet new potential partners and strengthen existing relationships,” said Jared Pratt, vice president of Autonomous Solutions Inc., a world leader in vendor-independent vehicle automation systems. “We believe that Autonomous Solutions Inc. will experience several positive outcomes from our participation in this event.”
Hannover Messe concludes April 29. For more information on obtaining STEP grants for trade missions, trade shows, and independent business use, visit business.utah.gov/step.