The value of a dollar can mean new opportunities for American furniture manufacturers. Exporting U.S. product to foreign markets is one way to make the most of current exchange rates and Free Trade Agreements.
To learn more about “Seizing Furniture Export Opportunities,” all American furniture manufacturers are invited to a breakfast meeting focusing on United States negotiated Free Trade Agreements. Co-sponsored by the International Home Furnishings Center and the High Point Market Authority, the meeting will be held April 10 at 7:30 a.m. in Ballroom B on IHFC’s Club Level, Green Wing.
“Exports are a bright spot for manufacturers wanting to increase business, especially now with the dollar’s favorable exchange rate,” said Tom Lindh, IHFC president and chief executive officer. “Learning how to take advantage of Free Trade Agreements can be extremely helpful to our American furniture manufacturers.”
International trade economist, Patrick Kirwan will detail how FTAs strengthen export business by eliminating or reducing tariff rates, improving intellectual property regulations, opening government procurement opportunities and easing investment rules. He serves as senior staff director, Trade Promotion Coordinating Committee in the International Trade Administration (ITA), United States Department of Commerce.
Jay Reardon, president of Hickory Chair will share his export insights and discuss his company’s emerging export program. Two major foreign retailers — The Gallery and Brown Antiques — will outline what American manufacturers need to know about their markets for greater success. With 15 stores in South Korea, The Gallery has established itself as a fashion merchandiser, featuring major American brands. Likewise, Brown Antiques, with two stores in Greater London, is a microcosm of aggressive merchandising in high-quality home furnishings.