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U.S. Department of Commerce Awards $87k to PA Organization to Increase U.S. Exports, Create Jobs

Sep 19, 2014 03:50PM ● Published by Erica Shames

U.S. Department of Commerce Awards $87k to PA Organization to Increase U.S. Exports, Create Jobs
U.S. Under Secretary of Commerce for International Trade Stefan M. Selig today announced that ASTM International, a West Conshohocken, Penn.-based non-profit organization, will receive $87,140 from the International Trade Administration’s (ITA) Market Development Cooperator Program (MDCP) to help the sustainable construction building components industry to generate exports to markets in the Arabian Gulf. These funds are expected to generate an estimated $2.4 billion in exports during the next three years by companies across the United States.
“Nearly one-third of America’s economic growth since mid-2009 has been driven by exports. More and more industry groups, like ASTM, are recognizing the importance of exporting,” said Selig. “Since 2009, the number of jobs supported by exports has grown by 1.6 million to more than 11.3 million – the highest in 20 years. Our Market Development Cooperator Program awards to organizations like ASTM are part of President Obama’s government-wide strategy to strengthen America’s economy by increasing exports.”
ASTM will match the MDCP award with an investment of $402,000 of its own resources. Each MDCP award winner pledges at least two-thirds of the project costs and to sustain its project after the initial MDCP award period ends. The funded project will allow ASTM to expand U.S. exports by: 1) conducting technical seminars in target markets; 2) exhibiting and engaging target-market delegates at trade shows; 3) training foreign officials on sustainable codes and standards; and 4) accompanying industry officials to green construction code meetings.
Each MDCP award includes financial and technical assistance from ITA to support well-defined business plans aimed at strengthening an industry by increasing exports. MDCP partnerships between ITA and nonprofit industry groups help to create U.S. jobs through exports.
This year, eight non-profit industry groups are receiving MDCP awards. In total, these projects are expected to generate more than $3.3 billion in U.S. exports in the next three years in return for the one-time $2.2 million Federal investment.
Since the Market Development Cooperator Program’s inception in 1993, the program has issued 136 awards to 106 organizations in 32 states. The program has helped to generate more than $9 billion in exports. In an average year, Market Development Cooperator Program projects generate $572 million in U.S. exports.
For more information about the Market Development Cooperator Program, please visit www.trade.gov/mdcp.


The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,100 employees assisting U.S. exporters in more than 100 U.S. cities and 70 countries worldwide. For more information on ITA visit www.trade.gov

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