On April 6, Quality Float Works (QFW), headquartered in the suburbs of Chicago, testified before
the U.S. House of Representatives Committee on Small Business. Jason
Speer, Vice President of QFW strongly made the case for approval of all
three pending trade agreements as a way to both grow the U.S. economy
and create jobs for Americans. Watch Jason make the case for trade.
QFW manufacturers hollow float metal balls and float valves used to level liquid controls in a wide variety of industries including gas, plumbing, oil and agricultural applications. In 2001, exported goods accounted for only 3% of their total sales. Last year, exports accounted for one third of the company's total sales.
QFW manufacturers hollow float metal balls and float valves used to level liquid controls in a wide variety of industries including gas, plumbing, oil and agricultural applications. In 2001, exported goods accounted for only 3% of their total sales. Last year, exports accounted for one third of the company's total sales.
On April 7, John Schoch, President and CEO of Profile Products LLC based in Buffalo Grove, Illinois, testified before
the U.S. House of Representatives Committee on Ways and Means
Subcommittee on Trade on the U.S.-Korea Free Trade Agreement. He said:
"Of the more than 50 countries we export to around the world, Korea is
our single largest export market, making up 12 percent of our total
international sales revenue. Since 2008, Profile has sold to Korea more
than 1200 tons of our Flexterra FGM, our highest technology
hydraulically applied mulch product used to prevent soil erosion and
develop healthy plant establishment, and 600 tons of our Porous Ceramic,
an inorganic soil amendment used to manage the moisture and nutrient
holding ability of sand-based root zones, specifically in golf course
and sports field construction."
In advance of the hearing, the U.S. Chamber spearheaded a letter in support of KORUS from 27 former officials including former Secretaries of State Colin Powell and Madeline Albright, former U.S. Trade Representatives Mickey Kantor and Susan Schwab, and former White House Chiefs of Staff Mack McLarty and Andy Card. The letter on KORUS was sent to Speaker Boehner; Minority Leader Pelosi; Majority Leader Reid; and Minority Leader McConnell, and it also expressed support for the agreements with Colombia and Panama.
The letter read in part: "While creating new American jobs, KORUS will reinforce the full partnership we have with South Korea, a key Asian ally that shares our belief in democracy and has provided significant military and economic support in the Middle East and Afghanistan. Furthermore, KORUS will have positive strategic effects that will resonate beyond the Korean peninsula. The agreement with South Korea will prompt further trade liberalization and stand as a new anchor for our longstanding leadership position in a rapidly changing Asia."
In advance of the hearing, the U.S. Chamber spearheaded a letter in support of KORUS from 27 former officials including former Secretaries of State Colin Powell and Madeline Albright, former U.S. Trade Representatives Mickey Kantor and Susan Schwab, and former White House Chiefs of Staff Mack McLarty and Andy Card. The letter on KORUS was sent to Speaker Boehner; Minority Leader Pelosi; Majority Leader Reid; and Minority Leader McConnell, and it also expressed support for the agreements with Colombia and Panama.
The letter read in part: "While creating new American jobs, KORUS will reinforce the full partnership we have with South Korea, a key Asian ally that shares our belief in democracy and has provided significant military and economic support in the Middle East and Afghanistan. Furthermore, KORUS will have positive strategic effects that will resonate beyond the Korean peninsula. The agreement with South Korea will prompt further trade liberalization and stand as a new anchor for our longstanding leadership position in a rapidly changing Asia."
