AIAG and MEDC Collaborate to Provide Opportunities for Helping Michigan
Automotive Companies Grow Exports to China
SOUTHFIELD, Mich., April 16, 2013
SOUTHFIELD, Mich., April 16, 2013 /PRNewswire/ --AIAG and the Michigan
Economic Development Corporation (MEDC) jointly announced a partnership today
to provide incentives for Michigan's small- and medium-sized automotive
companies interested in launching or expanding exports to China.
"AIAG is committed to help accelerate growth in the lower-tier automotive
supply base in terms of both capacity and capability," said J. Scot Sharland,
executive director of AIAG. "Our collaboration with MEDC opens the door to
China for Michigan companies who may not otherwise be given the opportunity,
helping them identify, understand and secure new export opportunities and/or
engage in strategic discussions with like-minded Chinese entrepreneurs."
The seventh annual AIAG Auto Parts Purchasing Leadership and Suppliers Forum,
supported by the Chinese Ministry of Commerce and the U.S. Department of
Commerce, takes place on Sept. 14 at the Radisson Blu Hotel in Beijing. The
event invites purchasing executives from GM, Ford, Fiat-Chrysler, SAIC,
Yanfeng, Delphi, Bosch, Magna, and John Deere, among others, to share their
regional manufacturing plans, sourcing needs and supplier performance
Michigan auto suppliers can also participate in the MEDC-AIAG Michigan
Pavilion exhibit during the China International Auto Parts Expo (CIAPE),
scheduled for Sept. 13-15 in Beijing. Hosted by the Chinese Ministry of
Commerce, CIAPE is an international auto parts exhibition held by the Chinese
government. The event has attracted more than 8,000 quality auto parts
suppliers from more than 130 countries and regions across the world as well as
more than 200,000 professional auto and auto parts purchasers for the past six
years. It provides an opportunity for auto suppliers to exhibit and promote
their products and services to potential customers in China and throughout
Eligible Michigan companies who participate in one of these events can apply
to receive 50 percent reimbursement of their expenses through the State Trade
and Export Promotion (STEP) program offered by MEDC. The STEP grant program
provides direct reimbursements to qualified companies with 500 or fewer
employees globally for export-related activities, ranging from foreign market
research to international trade missions.
The STEP program's goal is to increase Michigan's export sales, increase the
number of new-to-export companies and introduce current exporters to new
foreign markets and buyers.
"As the world's largest automotive market, China offers tremendous export
opportunities for Michigan companies to expand and create new jobs," said MEDC
vice president of international business development Mark Kinsler. "At the
same time, Michigan is the best place for Chinese companies interested in
expanding in North America. Our mission is to help more companies identify and
enter into new relationships in China as well as attract more Chinese
investment to create more and better jobs here in Michigan."
More information is available at www.AIAG.org and www.michiganadvantage.org.
AIAG is a unique not-for-profit organization where, for more than 30 years,
OEMs, suppliers, service providers, government entities and individuals in
academia have worked collaboratively to drive down costs and complexity from
the supply chain via global standards development and harmonized business
practices. AIAG membership has grown to more than 960 members and includes
renowned manufacturers and many of their parts suppliers and service
providers. For more information, visit www.AIAG.org.
The Michigan Economic Development Corporation markets the state with a focus
on business, talent, jobs and helping to grow the economy. For more on MEDC
and its initiatives, visit www.michiganadvantage.org.
Contact: AIAG Contact: Dave Lalain, 248.358.9741, email@example.com; MEDC
Contact: Kathleen Fagan, 517.355.4590, firstname.lastname@example.org
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