Agreement signed to increase exports - WDRB 41 Louisville News

Agreement signed to increase exports

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LOUISVILLE, Ky. (WDRB) -- Helping Louisville area businesses sell their products to other countries -- that's the purpose of an agreement signed Tuesday afternoon in Louisville between local and federal officials.

The agreement was signed by Louisville Mayor Greg Fischer and the Under Secretary of Commerce for International Trade, Francisco Sanchez, in ceremonies at the UPS Global Operations Center in Louisville.

They say it will expand efforts to help area companies export their products to more foreign countries.

Earlier on Tuesday Sanchez toured Universal Woods at the Bluegrass Commerce Park in Jeffersontown. The company sell its products to 45 foreign nations.

Twenty-one percent of its products, which include warehouse flooring and personalized digital items, are sold internationally.

Kentucky's largest export market is now Canada.

The current growth rate makes Kentucky the 11th fastest growing state in the nation for exports in 2012.

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