Hartford Business Journal

July 8, 2019

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www.HartfordBusiness.com • July 8, 2019 • Hartford Business Journal 3 Newsmakers EDITORIAL Greg Bordonaro | Editor, ext. 139, gbordonaro@HartfordBusiness.com Gregory Seay | News Editor, ext. 144, gseay@HartfordBusiness.com Matt Pilon | News Editor, ext. 143, mpilon@HartfordBusiness.com Sean Teehan | Staff Writer, ext 145, steehan@hartfordbusiness.com Joe Cooper | Web Editor, ext. 127, jcooper@HartfordBusiness.com Stephanie Meagher | Research Director Heide Martin | Research Assistant Steve Laschever | Photographer BUSINESS Joe Zwiebel | Publisher, ext. 132, jzwiebel@HartfordBusiness.com Donna Collins | Associate Publisher, ext. 121, dcollins@HartfordBusiness.com Lauren Stroud | Events & Project Manager, ext. 137, lstroud@HartfordBusiness.com Christina Zuraw | Events Coordinator, ext. 134, czuraw@hartfordbusiness.com Shannon Vincelette | HBJ Office and Events Coordinator, ext. 122, svincelette@hartfordbusiness.com David Hartley | Sr. Accounts Manager, ext. 130, dhartley@HartfordBusiness.com Kristen P. Nickerson | Sr. Accounts Manager, ext. 133, knickerson@HartfordBusiness.com Sue Lavin | Accounts Manager, ext. 128, slavin@HartfordBusiness.com Raki Zwiebel | Credit and Collections Manager Valerie Clark | Accounting Assistant/Office Manager Jill Coran | Human Resources Manager PRODUCTION Christopher Wallace | Art Director, ext. 147, cwallace@HartfordBusiness.com Liz Saltzman | Creative Director, ext. 140, lsaltzman@HartfordBusiness.com Peter Stanton | CEO, pstanton@nebusinessmedia.com Joseph Zwiebel | President, ext. 132, jzwiebel@HartfordBusiness.com Mary Rogers | COO/CFO, mrogers@nebusinessmedia.com SUBSCRIPTIONS: Annual subscriptions are $84.95. To subscribe, visit HartfordBusiness.com, email hartfordbusiness@cambeywest.com, or call (845) 267-3008. ADVERTISING: For advertising information, please call (860) 236-9998.Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. NEWS DEPARTMENT: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at news@HartfordBusiness.com. Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 49x per year - including two special issues in November and December — by new England Business Media, LLC, 15 Lewis Street, Suite 200, Hartford, CT 06103. Periodicals postage paid at Hartford, CT and at additional entry points. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2019. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com HartfordBusiness.com (860) 236-9998 Jeffrey White | Partner, Robinson+Cole By Sean Teehan steehan@hartfordbusiness.com C onnecticut's manufacturing sector is operating at full steam ahead these days. But how good would it be without a healthy export market? As head of Hartford law firm Robinson+Cole's manufacturing practice, Simsbury resident Jef- frey White has focused on expanding the firm's hand in helping shape export policy. And his work hasn't gone unnoticed. In May, Robinson+Cole received the President's "E" Award for Export Service, the highest recognition a U.S. company can get for helping to ex- pand U.S. exports. The firm helps manufacturers operate around an international-trade system fraught with red tape. For example, White worked to help a manu- facturer of aircraft engine components obtain a license to export to the United Kingdom. Robinson+Cole's manufacturing clients range from Fortune 50 companies to privately held or family owned companies, White said. What are the most important export countries at the moment? We represent a number of industrial supply chain companies, so typically Canada, Mexico and Germany remain key markets for them. For our consumer product companies, countries like Brazil and in the Far-East remain critical. There's a lot of news lately about tariffs. How do they affect exports for manufacturers? It depends on who you talk to. Most of our clients are dealing with it on the import side (i.e., increased costs to procure raw materials from outside of the U.S.). Manufacturers try to pass those costs on to their customers, but it is not that easy. On the export side, as the U.S. has imposed tariffs, other countries have retaliated — hence, a trade war. Which emerging countries should exporting manufacturers keep their eyes on? I would look closely at Indonesia. In 2017, Robinson+Cole hosted an event for the Com- mercial Attaché from the U.S. Embassy Jakarta. There is significant opportunity for U.S. compa- nies depending on the stability of the govern- ment going forward. I would also continue to look at India given the size of the economy. What is the most misunderstood aspect of exporting? That it is difficult to comply with the regula- tions. By nature, lawyers tend to make every- thing sound complicated, but like everything there are ways to set up a compliance program that can ensure compliance while allowing manufacturers to actually sell products. Are there any products manufactured in the U.S. that are not currently in heavy demand in global markets that you believe will be in coming years? I would continue to keep a close eye on aero- space. The demand for commercial aircraft, particularly in the Asia Pacific, will be significant over the next 10 years and I expect there to be products manufactured in the U.S. that will be in heavy demand in the future. VERBATIM Kaman's distribution sale "For Kaman this transaction represents an important milestone in our portfolio transformation and the culmination of a thorough strategic review undertaken by our board of directors." Kaman CEO Neal J. Keating on the company's $700 million sale of its distribution business. Jeffrey White ARE YOU, OR DO YOU KNOW A FAMILY-OWNED BUSINESS MAKING INCREDIBLE STRIDES? GO TO HARTFORDBUSINESS.COM/HBJ-EVENTS CLICK ON FAMILY BUSINESS AWARDS & NOMINATE A BUSINESS YOU THINK IS DESERVING! PRESENTING SPONSOR: EVENT SPONSORS: EDUCATION LEADERSHIP SPONSOR: NOMINATE TODAY DEADLINE 8/1 Also please join us for the event on October 24, 2019 from 5:30 - 9:00 pm at Farmington Gardens!

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