Category Archives: Uncategorized

Here’s a sneak preview of Maine products ‘ready to launch’ globally

Maine International Trade Center offered a sneak preview this morning of products that will exhibit and compete in its New Product Global Showcase on Trade Day 2018 next month in Rockport.

Five of the six products chosen to exhibit and compete in the showcase were on display at a preview media event this morning in the lobby of the Courtyard by Marriott Portland Downtown Waterfront at 321 Commercial St.

Maine International Trade Center President Wade Merritt introduced the selected companies at the preview event.

“The six Maine companies selected by the jury range from experienced exporters through those new to international markets,” Merritt said in a news release advancing the event. “All of these manufacturers have an innovative new product that is a key element in their strategy to increase export sales. We’re excited to highlight their efforts with an international audience at Trade Day 2018.”

Read full article on Mainebiz

Yarmouth business hopes to lock up food producers

A local business owner has designed a compact food production unit to be unveiled at Maine International Trade Center’s Trade Day 2018 on May 18.

Dirigo Food Safety’s The Locker is one of six products competing in the New Product Global Showcase. The others are from Portland’s Bristol Seafood, Lewiston-based Rogue Wear, Westbrook’s Planet Dog, Caron Engineering of Wells and Yale Cordage/Resin Fibers of Saco.

Dirigo Food Safety’s mission is to ensure safe food production by offering food safety training, consulting and “crisis management.”

Read full article in The Forecaster

Maine Exports on “Maine Calling”

From lobsters to blueberries, candles to composite wood products, aircraft parts to craft beer, Maine companies are exporting their wares to every corner of the planet — not only finding new markets, but also defining the Maine “brand” around the world.

What are the opportunities for Maine companies in the near-term future and beyond? How can a niche company enter the international market successfully?

Guests:
Wade Merritt, president of the Maine International Trade Center
Emily Lane, international sales manager, Luke’s Lobster Seafood Co.
James Morin, COO and president of sales of Flowfold

Listen to the Maine Calling recording

New Gloucester IT service provider recognized for its global growth

Planson International may be New Gloucester’s best-kept secret, but not for long.

The 25-year-old-global supplier of information technology software, hardware and services was just named “Service Provider of the Year” by the Maine International Trade Center. The award recognizes a service provider that has established an international presence for the export of its service.

Still run out of the red barn on the family property where it was started, the firm has grown to $52 million in annual sales and a 45-strong workforce, mostly in Maine but also including employees that relocated from Maine and now work remotely.

It has a subsidiary in Ringe, Denmark, and is a supplier to the United Nations and other international organizations providing humanitarian aid and economic support in developing countries. Last year the company completed a $26 million project to supply computer labs to nearly 900 high schools in the Philippines.

Read the full article on Mainebiz

 

Maine International Trade Center honors 4 companies

The Maine International Trade Center is recognizing four companies for their commitment to grow their businesses in international markets.

The public-private trade organization provides services to businesses that want to export products. Last year, 2,262 Maine companies exported $2.7 billion in goods and services to 176 countries, according to a release from MITC announcing the annual award winners.

Read full article on Portland Press Herald

Business is brisk for Maine companies with international reach, despite political spats

It’s business as usual for Maine companies trading goods or services on international markets even as U.S., Chinese and other politicians threaten tariffs and other punitive measures, each aimed at their own version of fair trade.

Four of them won awards Tuesday from the Maine International Trade Center for expanding rapidly in international trade in 2017.

Maine Coast of York won for Exporter of the Year for shipping 60 percent of the live lobster it distributes overseas. Planson International of New Gloucester won for Service Provider of the Year for exporting humanitarian services and IT equipment. Fiber Materials Inc. of Biddeford won for Innovator of the Year with its new products or processes for international markets. And St. Croix Tissue of Baileyville won for Foreign Direct Investor of the Year that recognizes a foreign company investing in Maine.

The awards will be presented on May 18 at Maine International Trade Day at Samoset Resort in Rockport.

Read full article on BDN Maine

 

Maine escapes first wave of Chinese tariffs

Maine’s biggest exports, including lobster, wood pulp and airplane parts, are not targeted by the first round of Chinese tariffs in the brewing trade war with America.

China released its list of 128 U.S. products targeted for tax hikes in retaliation for President Trump’s trade sanctions on Chinese aluminum and steel on Monday, the day after Meifang Zhang, deputy consul general of China’s New York City consulate, arrived in Portland for her visit to Maine. The list included pork, nuts and fruit, aluminum scrap and steel pipes, but Maine’s signature products avoided China’s extra 15 to 25 percent import tax.

Read full article on Portland Press Herald

Portland’s bustling port sees volume, value of goods more than double over five years

Shipping containers are piling up on the Portland waterfront at a record pace as the state invests millions of dollars into its largest port to encourage Maine’s growing trade links to Europe and the North Atlantic region.

The volume of containers moving through the International Marine Terminal on West Commercial Street has more than doubled in the past five years and so has the value of goods, to $502.7 million last year. Containers full of paper products, candles and cranberry juice are hoisted onto ships bound for foreign ports while cranes unload boxes and boxes of frozen fish from vessels delivering goods to Maine.

Read full article on Portland Press Herald

Asians help to fill sales gap as Europe eats less lobster

Two-thirds of the live lobster sold overseas by the U.S. last year ended up on plates in Asia, up 36 percent from the year before.

The growth in the $231.9 million Asian market is welcomed by the Maine lobster industry, which accounts for 83 percent of the U.S. haul. The increase helps offset Maine losses in Europe, which spent $40.3 million less on live U.S. lobster in 2017 than it had the year before, according to WISERTrade.org, a firm that tracks exports and international trade.

The main culprit? A Canadian trade deal that makes that country’s lobster cheaper for Europeans to buy.

Read full article on Portland Press Herald

Chinese New Year celebrations featuring Maine Lobster

Years ago the winter months were slow for lobster sales. Now, there is an uptick with Maine lobster exports to China as the celebrations begin for the upcoming Chinese New Year.

China’s middle class is growing and many are celebrating the Year of the Dog with Maine Lobster. According to Maine Coast, a lobster wholesaler and distributor in York, the price point and the presentation of local lobsters are competing with the Australian market. Tom Adams, the co-owner of Maine Coast, says the Asian demand for Australian lobsters is driving the cost up.

Watch or read story on News Center Maine