The IBA Monthly Newsletter


	Executive Director’s Message I want to thank the companies from Chihuahua and Albuquerque that participated in Albuquerque-Chihuahua Trade Mission that took place on August 10 -12, 2005 in Albuquerque, New Mexico. This mission was arranged and led by the IBA, the City of Albuquerque and the City of Chihuahua. Valuable business contacts were made at the B2B roundtables during this mission, and follow-up meetings are currently being arranged. The next two months will be busy ones for the IBA staff. We will be participating in or helping to arrange Expo Maquila, Expo Alimentab (October 27 to 29, 2005) and an upcoming El Paso-Juarez World Trade Center trade mission to China. Below, you will find more information on these events. In 2000, the current staff of the IBA founded the Santa Teresa Charity Golf Tournament. The tournament raises money for the Honors Program at Sunland Park and Desert View Elementary Schools in Sunland Park, New Mexico. At the end of each school year, elementary students who have perfect attendance, good grades or who have performed an extraordinary act during the course of the year are awarded medals and special presidential certificates. Last year, more than 120 players from the El Paso, Albuquerque and southern New Mexico business community participated in this event, which was sponsored by more than 50 companies and organizations. More than 10,000 dollars was raised. All the money raised goes towards the program, and all work provided for the tournament is provided on a volunteer basis. We invite you and your company to participate in this event, which is aimed at keeping kids in our border area interested in school. For more information on this tournament, please click here. 2004 New Mexico Export Recap: Thanks to the IBA’s partnership with Dante DiGregorio of the University of New Mexico’s Anderson Schools of Management, and support provided by the City of Albuquerque and the New Mexico Economic Development Department, the 2005 New Mexico Export Recap is complete. The final version of this publication can be accessed by visiting this link. Although New Mexico’s trade growth with Mexico was impressive in 2004, the first half of 2005 has been disappointing. The state’s top exports to Mexico are down across the board by more than 53%. This trend is somewhat disconcerting due to the fact that Mexico’s maquiladora industry is on an upswing. What could have happened in 2004 was some type of a special peak in exports based on factors such as the establishment of the Electrolux plant in Juarez, along with a handful of new maquilas. We have to take into consideration that 2005 may be an aberration, and 2004 totals may be closer to what might be considered normal. In 2006, we should see an upswing in exports, given the fact that Electrolux will be up and running - provided that New Mexico is successful in attracting some of this company's suppliers to the state. Economic forecasts show that the US economy should be chugging along nicely in 2006. This should also reflect positively on Mexico's economy and thus, its imports from the U.S. The IBA is currently investigating this downturn and hopes to have more specific information in the near future. Chihuahua City Trade Mission: On August 10^th-12^th, the City of Chihuahua’s Economic Development Office and the Mexican Chamber of Industry (CANACINTRA) embarked on an exclusive trade mission to Albuquerque arranged by the IBA, the City of Albuquerque and the City of Chihuahua. The Chihuahua group brought twelve companies to Albuquerque with the goal of making commercial contacts with businesses in Albuquerque ranging from furniture, food, beverages, cosmetics and services. The business-to-business sessions, sponsored by the City of Albuquerque’s Economic Development Office of International Trade, took place at the Embassy Suites Hotel. During their stay in Albuquerque, the Chihuahua group had the opportunity of shopping at local malls and taking a tour of the city’s Hispanic consumer markets, such as “El Mezquite Market”. The IBA provided assistance by arranging meetings between the Chihuahua companies and counterparts in Albuquerque. The IBA also participated by mediating the match-making sessions that took place. One of the highlights of this trade mission was an IBA-led site visit to Formulab, an Albuquerque-based cosmetics laboratory. Industrias Cosmeticas had the opportunity of touring this company’s facility to assess the costs and efficiencies of outsourcing the production of its “Pelter” brand lotion for distribution to the U.S. consumer market. Photo Caption from Left to Right: Helga U. Feihn Buckenhofer, Industria Cosmetica, Gilberto Valdes, Industria Cosmetica, Peter Ibarbo, International Business Accelerator, Pablo Valdes, Industria Cosmetica, Jill Keagy, Formulab. Upcoming Events: To be Determined: Expo Maquila. September 7th, 8th, and 9th: Maquiladora Supplier Trade Fair. 10a Muestra De Insumos http://www.muestradeinsumos.com/ Taller Diplomado Proceso de Exportacion Mexico a EUA (Export Workshop for Companies in Mexico interested in exporting to the U.S.) Consulado De Mexico en El Paso, TX Del 9 de Septiembre al 13 de Dicembre del 2005 Duracion: 105 horas Horario: Viernes de 3:00 a 7:00 pm Sabado de 9:00am a 1:00 pm Costo: $600.00 USD Informacion: En El Paso, TX: 915-533-8855 ext. 228 En Cd. Juarez,: 656-616-8040 October 8th: Chupacabras Race. This year the City of Juarez is expecting over 3,000 participants from around the world to join their annual 100km bicycle race. This is a great opportunity for athletes, bicycle shop business owners, and tourism managers to take part in this event by racing and promoting health, business, and tourism. For more information visit www.chupacabras100km.com or contact Brenda Quiroz at (915) 726-9285 or brenda.quiroz@chupacabras100km.com for registration. October 13th and 14th: Southern New Mexico Workforce Training Conference Hosted by the Dona Ana Branch Community College this unique event will take place in October in Las Cruces, New Mexico. This event is a merger of the 2nd Annual Southern New Mexico Workforce Summit and the Changing World of Work Conference. On Thursday, October 13th the Workforce Summit will provide programs related to local, state and national workforce issues. Starting with a pre-conference on October 13th and continuing all day on October 14th, you will be transported into the future world of work with topics such as techno-etiquette, reshaping your future, multigenerational diversity, challenges of change and new trends and innovations. For more information click here. October 18th: Mexico - A Neighbor Who Means Business. The Albuquerque Hispano Chamber of Commerce is Hosting the "Mexico - A Neighbor Who Means Business" seminar at the National Hispanic Cultural Center. For more information visit the Albuquerque Hispano Chamber of Commerce website here. October 21st: The 6th Annual Santa Teresa Charity Golf Tournament. The International Business Accelerator is helping coordinate the 6th Annual Santa Teresa Charity Golf Tournament. All proceeds from the tournament go to fund honors programs at elementary schools along the border. For more information on how you can help our elementary students along the border click here. October 27th, 28th, and 29th: Food Expo, Chihuahua City. 7a Feria Expo Alimentab, 2005. http://www.alimentab.com November 7th and 8th: Hyperborder Bi-National Conference. Cd. Juarez - November 7th, El Paso, TX - November 8th. http://www.wtcinternational.org November 8th - 11th: China Consumer Goods Procurement Fair The World Trade Center El Paso/Cd. Juarez is facilitating the registration and information of this upcoming trade show in Shenzhen China. For more information please visit the World Trade Center El Paso/Cd. Juarez website at www.wtcinternational.org. There will be an information workshop for this trade show on September 14, 2005 at the World Trade Center El Paso/Juarez office, Av. Campos Eliseos No. 9050 1-D Plaza Barrancas, Cd. Juarez, Chih. There is a fee of $15 per person to attend this workshop. Please contact Roberto Ransom at (915) 544-0022 or by email at rransom@wtcinternational.org to confirm your participation. Trade Leads: Metal Birdcages Type: Vendor Country: Mexico Description: A company in Chihuahua City is interested in exporting custom made birdcages. The production consists of moderate volumes and the company is interested in marketing its products to small pet shop business owners. International Terms of Sale: DAF El Paso or DAF Santa Teresa or CIP buyer's door. Product Samples: Corporate Gift Items Type: Vendor Country: Mexico Description: A manufacturer/distributor of home & garden decor products is now carrying a line of corporate gift items. This client is interested in exporting to the U.S. International Terms of Sale: DAF El Paso or DAF Santa Teresa or CIP buyer's door. Product Sample: Publishing and Printing Type: Vendor Country: Mexico Description: An offset printing company in Mexico is interested in pursuing publishing and printing contracts in the U.S. Some references include, Sears catalogues, Seventeen Magazine, Club Nintendo, and Disney Magazine. International Terms of Sale: DAF El Paso or DAF Santa Teresa or CIP buyer's door. Product Sample: Southwest Jewelry Type: Vendor Country: U.S. Description: A Southwest jewelry maker in Albuquerque is interested in exporting jewelry in moderate volumes to Mexico, Europe and Japan. These unique handcrafted items are of high quality and sold in exclusive boutiques. International Terms of Sale: DAF, FOB or CIP buyer's door. Product Samples: For additional information on these trade leads please contact the IBA by phone at (505) 589-2200 or by email at info@nmiba.com.