San Fernando Valley manufacturers and international companies attended TradeX-Trade Connect on Thursday, March 17th, hosted by The Valley Economic Alliance (TVEA) and the Port of Los Angeles at Los Angeles Mission College.
A manufacturing executive policy roundtable kicked off the day, where manufacturers discussed policy issues with Council District 3 Councilmember Bob Blumenfield and other city representatives. TVEA shared findings from a 25 year review of top industries in Los Angeles County that had lost and gained employment. Kenn Phillips, President and CEO of TVEA shared that manufacturing is still a strong industry with 360,000 employees, however has lost more than 450,000 jobs in the past 25 years. In the past year, California has seen a 3.7% increase of manufacturing jobs, a majority of which are in Northern California.
TradeX-Trade Connect followed the meeting, where 3 top manufacturers demonstrated their latest products to a panel of industry experts. Richard Brent, CEO of Louroe Electronics presented an impressive gunshot detector system that recognizes firearm discharge within seconds of a gunshot and sends immediate notification through video management systems.
Panelists critiqued the marketability and export potential of the each product in various markets.
Primo Wind’s President William Fitzmaurice demonstrated energy from thin air with their compact rooftop wind turbine for commercial buildings and small-scale community installations. The turbine offers the same of energy as a rooftop solar system, with half the footprint and 2/3 the price. Bobrick Washroom Equipment’s Marketing Projects Specialist Beth White demonstrated their top of the line automatic foam soap dispenser.
The panel included executives from U.S. Commercial Service, U.S. Export Import Bank, Los Angeles Customs Brokers and Freight Forwarders Association and Kogon Trade Consulting.