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November 22, 2013

Vermont Global Trade Partnership Reports Positive Results for First Day of MEDICA Trade Show

State of Vermont Agency of Commerce's Vermont Global Trade Partnership (VGTP) recruited four Vermont companies to attend MEDICA & COMPAMED 2013, the world’s largest medical trade fair and global trade event for high tech medical technology, manufacturing and solutions. 4,641 exhibitors from 66 countries are participating in MEDICA and COMPAMED is expecting 681 exhibitors from 37 nations.

Governor Shumlin praised the four Vermont companies attending, stating “Vermont's manufacturers and many other businesses are increasingly seeking growth through exports. Our companies can compete globally and it's essential to our economy that they do. I appreciate their entrepreneurism, hard work and commitment to both Vermont and global sales.”

Company representatives reported high traffic, and quality business to business meetings. The U.S. Department of Commerce's marketing and business to business services created additional networking and sales opportunities. “Within the first two hours of the show opening, we were able to engage two prospective customers,” said Paul Tungseth of Advanced Illumination VP Sales & Business Development.

Joel Melnick, CEO of Nathaniel Group stated, “MEDICA provides us with a convenient place to hold many face to face meetings with our international customers and suppliers. The Senator Leahy International Trade grant really makes the difference in our ability to attend the show.”

VGTP Executive Director Brent Raymond is very pleased with the positive feedback from the four Vermont attendees: Advanced Illumination of Rochester; KALOW Technologies of North Clarendon; Manufacturing Solutions, Inc. of Morrisville; and Nathaniel Group of Vergennes.

“VGTP annually partners with Connecticut, Maine, New Hampshire and Rhode Island to offer a turn-key service and a large booth footprint under the 'Best of New England' marketing banner. The joint effort creates cost and time savings for our companies since we deal with much of the logistics, offer assistance and advice, and man their booths while they're attending valuable meetings,” Raymond said.

VGTP is Vermont's center for international business assistance. VGTP's programs help Vermont's companies succeed in penetrating international markets by providing international trade related educational seminars, trade show participation, technical assistance, and one-on-one consulting services. The four Vermont companies attending are eligible for partial reimbursement of their MEDICA booth costs through a Senator Leahy International Trade Show grant. Learn more at export.vermont.gov.

Media Contact: Brent Raymond; 802-522-2540; Brent.Raymond@state.vt.us

Source: Agency of Commerce and Community Development
Last Updated at: November 22, 2013 08:21:02
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