Posts filed under ‘Northern Kentucky’

Toyota to ship U.S.-built Camry sedans to South Korea

Toyota today announced it will export about 6,000 U.S.-assembled Camry sedans annually to its distributor in South Korea.

The Camry sedans will be built at Toyota’s manufacturing plant in Georgetown, Ky., and exported out of the Port of Hueneme, near Oxnard, Calif., beginning in January 2012.

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CNET Reviews: The Car Tech Blog, Dec 6, 2011

December 8, 2011 at 9:56 am

Hong Kong Delegation Visits the Tri-State

Hong Kong Comissioner Tong speaks in Northern Kentucky

On Tuesday, October 18, 2011, Commissioner Donald Tong visited Northern Kentucky to meet with business, community and academic leaders. Commissioner Tong shared insights on opportunities and advantages of building relationships within the Hong Kong Special Administrative Region. Commissioner Tong’s speech follows.


October 28, 2011 at 8:51 am

Northern Kentucky Chamber Applauds Approval of Free Trade Agreements

FT. MITCHELL, Thursday, October 13, 2011 – The Northern Kentucky Chamber of Commerce welcomes the approval by the House and Senate of the U.S. Free Trade Agreements (FTAs) with Colombia, Panama and South Korea. This concerted effort will ensure that the United States continues to gain access to world markets and because Northern Kentucky represents twenty-five percent of Kentucky’s foreign trade, the newly approved FTAs have the potential to positively impact local commerce and employment.

“We are pleased to witness a bipartisan support for trade by Congress,” states Daniele Longo, VP Business Growth, Healthcare Solutions and International Affairs at the Northern Kentucky Chamber of Commerce. “These agreements will open new strategic markets for more exports from Kentucky and the Greater Cincinnati region, supporting jobs and generating tax revenues for our communities.”

The Northern Kentucky Chamber of Commerce and a broad-based coalition of supporters have been urging congressional consideration of these agreements for several years. The U.S. International Trade Commission reports that these agreements could increase U.S. exports by at least $13 billion and U.S. GDP by at least $10 billion. The USITC estimates that these agreements are expected to create a total of 250,000 new American jobs.

“We applaud the efforts of the Greater Northern Kentucky and Cincinnati regional congressional delegation for their support of the FTA’s,” said Brent Cooper, Chair of the Northern Kentucky Chamber’s Board. “Their support is much appreciated by local businesses and will further enhance our region’s ability to compete in the global marketplace.”

“This Chamber has always been proactive in educating and helping its members and communities on the advantages the new global economy brings,” said Steve Stevens, President of the Northern Kentucky Chamber of Commerce. “As a matter of fact, last year we hosted ten foreign delegations including the Ambassadors and trade officers of Panama and South Korea and we hope that our efforts to build relationships with these dignitaries will strengthen potential trade opportunities for our region in the near future.”

October 14, 2011 at 8:18 am

NKITA and Northern Kentucky Chamber – Happy Holidays

In a few months I shall have the honor to host a delegation of 80 business, education and community leaders in Tuscany to show its many touristic attractions. In this last post before Christmas, I would like to share a couple of pictures of paintings hosted inside the Uffizi Gallery, the Museum we shall visit in Florence.

Leonardo’s “Adoration of the Magi” (left) never got past the stage of a wash drawing. In this painting, the complex, ephemeral and dynamic nature of the human form -represented by a whirlpool of actions, emotions, gestures and expressions- contrast with the calm, statue-like central figures of the Virgin and Child. Leonardo was very entrepreneurial and a dynamic and restless person himself. After issuing a bill for 300 florins he left Florence and moved to Milan where he became a military engineer and an inventor of defensive and offensive machines.

The “Holy Family” (right) or “Tondo Doni” was Michelangelo’s very first painting and his only existing panel picture. The painting, almost marble-like in his forms and the use of light, offers only one straight line, separating the past -when people received the baptism by immerging themselves in waters and coming out as reborn- and the “new age” – Catholics receive baptism by “infusion”, without having to take off any clothes. The little St. John, standing nearby the wall, represents the transition between the two. According to a tale, the price of the painting was only 70 ducates. However, Angelo Doni, who commissioned the painting, refused to pay -too expensive. Michelangelo then doubled the price (140 ducates). Angelo Doni paid 140 ducates to keep the painting.

Please do mark your Calendars for our first city-specific orientation! On Monday, January 17, 2011, 4:00 – 5:30 p.m. I shall give a presentation on Florence and its many business and touristic opportunities. Feel free to bring friends and family members and if you are interested in joining the 2011 Tourism and Trade Mission to Italy, please visit our website at or contact me at I still have few seats available.

As 2010 comes to an end, on behalf of the Northern Kentucky Chamber of COmmerce and the Northern Kentucky International Trade Association, I would like to take this opportunity to wish a great Holiday Season to you and your family. A friend of mine shared with me a very nice, Italian Christmas Card. I am sure he won’t mind if I share it with you. Please click on this link to open the file.

Daniele S. Longo
Vice President, Business Development and International Trade

December 23, 2010 at 3:22 pm

Before Heading to China… Make sure you know what you’re trying to do there

If you’re an executive under pressure to move business to China, think carefully before committing to a strategy.

Considering that China has undergone rapid and sustained economic growth over the past 30 years and today is the largest recipient of foreign direct investment in the world, it isn’t surprising that many companies feel the need not only to respond to competition from Chinese-made products but also to enter and compete in the Chinese market itself.

The problem is, some businesses are rushing in without a realistic understanding of the opportunities presented by China and the trade-offs inherent in pursuing them.(By GARRY D. BRUTON , DAVID AHLSTROM and LU YUAN, The Wall Street Journal, NOVEMBER 30, 2009)

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December 1, 2009 at 8:00 am

U.S. Power Companies Seek Out Chinese Allies

Duke Chief Executive Jim Rogers said these deals are just the beginning, and that he may solicit Chinese financing for the $25 billion in capital Duke needs to raise in the next five years to build new plants and upgrade other facilities.

As President Barack Obama meets with Chinese officials this week, tamping down carbon-dioxide emissions is on the agenda. The U.S. and China together account for 40% of the world’s output of the gas, the leading culprit in global warming. The two nations’ talks are expected to explore ways they can cooperate to solve common problems, such as making coal a cleaner-burning fuel.

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November 25, 2009 at 8:00 am

MAG Completes First Phase of New China Plant

Erlanger, Kentucky – MAG Industrial Automation Systems will complete the first phase of a new plant in Changchun, China, by the end of November, with production of machine tools and factory automation systems set to begin in February 2010. The new plant, located in the Changchun Economic and Technical Development Zone, is being established in two phases, the first of which covers more than 6,000 m2 of production and offices located on a campus of 13,000 m2.

“This new facility complements our operations in Beijing and Shanghai to offer unique technical knowledge and increased production capacity for faster, better service. Our Chinese footprint will greatly increase Chinese industrial productivity and technological capabilities,” said Daniel D. Janka, President MAG. “With year-over-year GDP growth of nearly nine percent in the third quarter this year, the Chinese market is a bright spot in the global economy, and MAG China has rapidly grown to meet the needs of the aggressive infrastructure build-out going on in that country and the greater Asian market.”( Manufacturing & Technology eJournal | November 12, 2009)

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November 18, 2009 at 8:00 am

Japan: The Land of the Rising CDS

Canary in the coal mine? The cost of insuring Japanese government bonds against default has doubled to 0.75 percentage point in the past three months, as markets fret about debt issuance. Credit risk is assuming ever-greater stature in government-bond markets previously blithely assumed to be risk-free.

Japan’s debt problem is becoming urgent. It is grappling with issues other governments such as the U.S. and the U.K. will face, but is much further down the road already.

Its debt-to-gross-domestic-product ratio is set to rise to a staggering 227% in 2010, the International Monetary Fund forecasts, making it particularly exposed to any rise in market interest rates. Japan’s aging population is a crucial concern, driving a change from saving, much of which went into JGBs, to consuming.(By RICHARD BARLEY,The Wall Street Journal, NOVEMBER 11, 2009)

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November 12, 2009 at 11:42 am

Chamber Members in the News: Expeditors International and A.N. Deringer Inc.

Expeditors International and A.N. Deringer Inc. are two of four brokerage firms selected by U.S. Customs and Border Protection to participate in a Broker Self-Assessment pilot program, American Shipper has learned.

The agency announced July 29 the selection of four companies out of 26 applicants to test whether a trusted compliance program should be instituted on a voluntary basis for customs brokers. CBP will not disclose the names of companies involved for privacy reasons.

OHL in Brentwood, Tenn., subsequently announced its Barthco International unit was chosen for the year-long partnership program. St. Albans, Vt., logistics and customs services provider A.N. Deringer will also self-police compliance with customs regulations, said Robert DeCamp, director of regulatory affairs and consulting. An official at Expeditors, one of the nation’s largest international freight forwarders, confirmed that the Seattle-based company was accepted into the Broker Self-Assessment (BSA) program.

All the companies were required to belong to the Customs-Trade Partnership Against Terrorism, a voluntary security-based program in which importers receive fewer container inspections if they and their vendors follow approved security plans that meet minimum criteria (by E. Kulisch, American Shipper, October 2009).

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To Learn More About the Customs-Trade Partnership Against Terrorism, come to our next seminar, Wednesday, October 28, 2009. Register Today!

October 21, 2009 at 2:18 pm

Euro Zone’s Factories Rebound

The euro zone saw its fourth straight monthly increase in industrial output in August, providing further confirmation that the region’s severe recession ended around the middle of the year.

Industrial output in the 16 countries that have adopted the euro currency swelled 0.9% in August from July, the European Union’s statistics agency said Wednesday. (By BRIAN BLACKSTONE, The Wall Street Journal, Thursday, Oct. 15th)

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October 20, 2009 at 8:00 am

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Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

RSS Northern Kentucky Chamber – Calendar

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