The Mahoning Valley has a head start on much of the rest of the country in terms of export growth, but there is a lot of growth potential remaining.
The Valley is doing a lot of things right when it comes to exports, said Fred Hochberg, chairman of the Export-Import Bank of the U.S., one of two keynote speakers at the TechBelt Export Summit on Monday at Fellows Riverside Gardens in Youngstown. The purpose of the event was to make business leaders knowledgeable about the local, state and federal assistance available to them to export their products.
“Increasing exports is what we need to do if we’re going to reboot the economy,” he said.
The U.S. has 5 percent of the world’s population and 20 percent of the buying power, Hochberg said.
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