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LOCAL FIRM HONORED BY CONGRESSMAN ED ROYCE FOR $1.7 MILLION EXPORT ACHIEVEMENT

CITY OF INDUSTRY, CA – The U.S. Commercial Service and Congressman Ed Royce recognize the positive impact trade has on California and the local community by presenting Placentia-based McLeod Racing with an Export Achievement Certificate at the Southern California Competitiveness Council event on July 21 in the City of Industry.

McLeod Racing makes specialized automotive clutches and related automotive components. After five years of focused market expansion efforts, and as a result of collaboration with the Specialty Equipment Market Association and the International Trade Administration’s U.S. Commercial Service, McLeod Racing reports exporting of over $1.7 million worth of products to the Middle East region, and the addition of 3 new employees.

“By working with both the U.S. Commercial Service programs and the programs available through SEMA, McLeod has been able to see tremendous growth in the GCC region,” said Bob Schield, Director of New Business Development for McLeod Racing. “It is our goal to replicate this success in other regions by duplicating our efforts but also adjusting them to the specific region we target. We are grateful for the support we receive and will continue to strive to build McLeod into a worldwide brand.”

Small businesses play an important role in placing “Made in America” products in international markets, with 98 percent of U.S. exporting companies having fewer than 500 employees. Companies like McLeod Racing create and support jobs in local communities across the country.

The ITA’s U.S. Commercial Service helps firms like McLeod sell to foreign markets by:

  • Advising them on the exporting process and related issues such as foreign taxes and tariffs;
  • Providing customized market intelligence to help determine the best export opportunities and understand market conditions in various countries;
  • Identifying and arranging meetings with potential foreign partners and qualified distributors; and
  • Aiding with trade dispute resolution.

“We’re here to work hand-in-hand with local firms to assess their export potential and provide solutions that make their goals of operating internationally a reality,” said Jim Mayfield, Director of the U.S. Commercial Service office in Orange County, CA. “Our office can connect local firms to our network of trade specialists in more than 75 countries.”

Exporters, like McLeod Racing, supported 706,969 jobs in California in 2015 and contributed to the $163.6 billion in goods exports from California.

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The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. We have trade professionals in over 100 U.S. cities and more than 75 countries to help U.S. companies get started in exporting or increase sales to new global markets.



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