Business

Kansas Global Trade Services reports early successes with export plan

Kansas Global Trade Services said it has aided exports growth of at least a minimum of $8.5 million in 2015.

Most of that growth came from 18 area companies that interacted with Kansas Global. Industries represented include machinery manufacturing, agricultural equipment and services in support of transportation industry.

Two of the companies are participants in the Export Accelerator Grant program developed by Kansas Global and funded by $100,000 from private and public sources. Those two companies alone reported increased export sales of $1.8 million. Notably, the increased sales occurred against the economic headwind of a “strong” U.S. dollar, which generally restrains U.S. export sales.

The 2015 results are evidence of a successful strategy, said David Page, Managing Director for the Middle Market for JP Morgan Chase and Co., which contributed $50,000 towards the Export Accelerator Program.

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