Yale Cordage Participates In Maine Trade Mission To China
"We have been getting increased demand across all sectors for trade assistance related to China," said Janine B. Cary, president, MITC. "We believe this will be a successful mission for manufacturers."
Yale Cordage manufactures ropes for electrical, marine, construction, government/military, and arborist and timber harvesting applications. The company reports that at present, 15 percent of its business is conducted with overseas customers.
"There is more business in China we want to earn, and we think this trip organized by MITC is a great opportunity to do that," said Yale Cordage President Bill Putnam.
MITC reports that similar trade missions to China have been successful for Maine businesses, citing a 97-percent increase in exports to China since 2007, and sales totaling $6.5 million since 2008.
September 11, 2012