County to hold financing symposium

GLOVERSVILLE – The Fulton County Center for Regional Growth has scheduled an export financing symposium for Nov. 15 at the Holiday Inn.

“This is a great event,” CRG President and CEO Ron Peters said Monday. “We do think there will be some interest.”

The CRG has been planning this financing event – a TD Bank-sponsored seminar – for some time for Fulton County businesses.

The export symposium will focus not only on encouraging small and large local companies to expand their sales markets, but also on demonstrating international trade opportunities to companies that may be interested in settling in Fulton County.

The CRG has been making foreign ties in recent years.

Townsend Leather of Johnstown in March became the first Fulton County company to receive Foreign Trade Zone status from the U.S. Department of Commerce since a former eyeglass manufacturer achieved FTZ status in 1996. Townsend’s FTZ designation is the only one currently active in the Mohawk Valley.

Peters said he expects at least 40 business attendees at the Nov. 15 symposium. The title of the event will be “Growth Strategies: Expanding Your Business Internationally.”

The event starts at 8:30 a.m. with registration, followed by a welcoming from Peters and Robert Davey, regional vice president for upstate TD Bank.

Brittany Baumann, senior economist and macro strategist for TD Securities LLC, will be the special guest speaker. Her speech will be on the current state of the U.S. and global “economic landscape,” and the implications for importers and exporters.

In addition to networking periods, other topics to be covered at the symposium include: “Managing Payments and Finalizing the Sale ,” “Global Logistics and Supply Chain Management,” “Getting Ready to Export: Federal & State Assistance” and “Legal Environment of Exporting/Importing.”

Cedric Carter, TD Bank’s vice president and senior relationship manager, will close out the conference in the afternoon.

The CRG website indicates that initial sponsorship includes the Empire State Development’s Global NY initiative and TD Bank. Global NY is an initiative launched by Gov. Andrew Cuomo to offer “one-stop shopping to both foreign businesses looking to invest in New York and to local businesses who want to export globally,” the website says.

The event will focus on understanding and accessing available financing and loan packages, cutting through red tape and making connections, the site says.

Michael Anich covers Johnstown and Fulton County news. He can be reached at [email protected].

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