Last month, Gage Products took part in one of our most exciting opportunities to date. A trade mission to China, organized by the Michigan Economic Development Corp., gave 21 companies from the state the chance to explore export options in major Chinese cities. According to the MEDC, China is expected to be the largest consumer market in the world by 2015 – a trend bolstered by strong economic development in the business and manufacturing sectors, which is why Gage participated in the trip. The opportunity to explore potential partnerships with manufacturers looking to increase efficiency in the face of a squeeze on land resources allowed Gage to demonstrate our full and broad range of sustainable, efficiency-improving products.
One of the major benefits of trade missions like this one is the potential to explore not only overseas partnerships, but also business with fellow Michigan-based firms. On this particular trip, almost half of the 21 companies that went were related to the automotive industry, an area in which Gage has extensive expertise. Working with some of these manufacturers while discovering the potential for business abroad can, in many cases, lead to partnerships that might not have otherwise occurred.
By expanding our indoor diesel blending capabilities and packaging facility, we are better equipped to extend the provision of products and services to our customer base, which has led to our first fuel sale in China. The introduction of cutting edge fuel additive equipment allows us the flexibility to make additions of small quantities precisely and efficiently. As a result, Gage continues to attract new Fuels customers while remaining flexible enough to deliver the level of exceptional service our current customers are accustomed to. A cornerstone of the recent growth Gage has seen is based on a combination of product excellence, flexibility and service distinction.
The sheer size of cities like Shanghai can be overwhelming, but in many ways, there is no better place to explore new business than burgeoning economies like this one. Whether at home or abroad, however, we look forward to the chance to share our technologies with you.