JERSEY SHORE STEEL COMPANY JOINS U.S. DEPARTMENT OF COMMERCE TRADE MISSION TO LATIN AMERICA
Jersey Shore, PA. — Jersey Shore Steel Company is one of about 100 U.S. companies and organizations that traveled to Latin America for the U.S. Department of Commerce-led Trade Winds—Latin America trade mission and business forum.
Trade Winds—Latin America features a three-day business forum in Santiago, Chile, plus optional trade mission stops in Argentina, Bolivia, Mexico, Paraguay, Peru, and Uruguay. At each mission stop, attending companies will meet directly with government leaders, market experts, and pre-vetted potential business partners in the region.
“The United States exported nearly $273 billion in goods in 2015 to the markets we’re visiting at Trade Winds,” said U.S. Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service Arun Kumar. “The companies and organizations participating in Trade Winds will connect to the most promising business opportunities in the region, and we are proud to have such a strong delegation.”
Jersey Shore Steel Company participated in the business forum in Chile and a mission stop in Peru.
For 78 years, Jersey Shore Steel Company (JSS) has been producing “high-strength, high-carbon” rail steel angles and shapes used in a variety of industries including Agriculture and Furniture. The high strength-to-weight ratio provides the same performance with less material in comparison to other steel products at a heavier gauge. This yields more pieces per ton reducing material costs as well as handling and shipping costs.
“Latin America presents a great opportunity and unique challenge for us,” said Jersey Shore Steel’s Vice President Sales, Tom Tillman. “We are excited about joining this mission and finding inroads to success in the region.”
This is the ninth year the Department of Commerce’s U.S. Commercial Service has led Trade Winds, and the program has directly supported more than $239 million in U.S. exports in six global regions. The mission brought 100 companies to Latin America in 2014, and supported more than $11 million in U.S. exports.
Trade Winds is an important part of the United States’ Look South initiative, which encourages U.S. companies to explore opportunities with free trade agreement partners in Latin America. U.S. Secretary of Commerce Penny Pritzker announced the initiative in January 2014.