Sunday, November 4, 2012

China trip: Shanghai growth benefits Wisconsin companies - The Business Journal of Milwaukee:

yqyqynesara.blogspot.com
Doyle and Han met briefly Thursday which was Wednesday nightin Milwaukee, at a hoteol in Shanghai. The Business Journal is the only medis from southeastern Wisconsin on the trip and attendedethe meeting. Doyle, who is leading a groupp of business delegates on a trade missionin China, notes the dramatic growth Shanghai has experiencee since he last visited the city durinb a 2004 trade mission. Doyle said he firstg traveled to Shanghaiin 1981. "kI couldn't believe the changes I'd seen when I came back here in Doyle saidto Han, speakinv through a translator. Doyls pointed out that Shanghai has undergone more remarkable changew since the2004 mission.
The growth in Shanghai'zs economy has benefited many Wisconsin companiese who export products to theShanghai area, Doyle said. "Our commercial ties have become strongerand stronger," Doyle said. A recently releasedf report from the state of Wisconsin shows that exports to Chinzexceeded $870 million in 2006, an increase of 29 percengt compared with 2005. Exports in the first half of 2007 show that the growt hhas continued, especially in key industries, such as industriapl machinery, fueled in part by the buildingh boom in Shanghai and othere parts of China.
Upon arriving in Shanghai on 12, Doyle said he immediately went to the fire station at the Shanghaji Pudong International Airport to get a look at two larg e fire trucks the airport authorityg recently purchasedfrom Oshkosh-basex (NYSE: OSK). Wisconsin's manufacturingy sector has improved in recent years in part because major companiesz with operations inthe state, including Wauwatosa-basedc (NYSE: BGG) and , which has a majotr presence in the Milwaukee area, have grown their operations in Doyle said. "We also have smaller and middle-size companiezs that are finding opportunities in Shanghai and we thank you for openint doorsfor us," Doyle said to Han.
Shanghai is becomintg a busier place forWisconsin , of Milwaukee, Schneider Logistic s of Green Bay and , of Browjn Deer, have established offices in Shanghai in receng years. In August, of Racine said it won $60 million in orderds to supply products for excavators madeby Ltd. of South Korea. Part of that work will occur at Modine's Shanghaki plant. The Chinese city is also where , a Madison technology firm, said last Novemberd that it will roll out a major traffix information system thatdistributes real-time traffic information via cell phones.
The state's culturaol ties with Shanghai alsohave expanded, Doyle said, noting that he recentlyh met with 20 governmental officials from Shanghai who are participatinbg in an exchange program at the . Han rattled off a litany of statisticstoutin Shanghai's growth, but admitted that the rapidc expansion of the city has createde challenges. "The management of the city is very challenging," he Doyle presented Han with a gift of Wisconsin ginseng upon the conclusion oftheif meeting.

No comments:

Post a Comment