“I’ll be there looking to find European and Asian companies that want to sell here in the U.S.,” he said.
New Hampshire companies are increasingly relying on export markets to do business, Kasim said. There are 2,000 Granite State firms that export their products to foreign nations, she said.
“Trade is very important to the state, especially manufacturers of small electronics,” Good said.
For Don Tyler of Corfin Industries, the grant will be used to help increase his company’s exports to Japan, he said.
Corfin prepares components for the defense, medical and telecommunications industries. The company does business on five continents, including Africa and Australia, he said.
Tyler was pleased to hear three Salem firms received grants.
“That’s fantastic,” he said.
The third Salem company, Innovative FOTO, manufactures and sells photo booths around the world, according to president and CEO Dale Valvo.
Last year, Valvo led U.S. Sen. Jeanne Shaheen, D-N.H, on a tour of his company, which he said exports to at least 29 countries and does nearly $2 million in overseas business a year.
Shaheen, who helped launch the STEP program, said in a statement this week that exporting provides a “tremendous opportunity for small businesses.
“Over 95 percent of the world’s consumers live outside the United States, but only 1 percent of small businesses currently sell their products overseas,” she said. “Through the STEP grant, ITRC will be able to help New Hampshire businesses access new, fast-growing markets across the globe.”
No one from Continental Biomass Industries could be reached yesterday for comment.