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Letter from the Chairman of the Board





Couple Utah’s vibrant economy, the energized entrepreneurial and innovative environment, with the dynamic growth of international trade and you have an ideal scenario for launching a World Trade Center Utah. When we first visited the World Trade Center Association’s General Assembly in Geneva, Switzerland in 2004, to gain a better understanding of how a WTC could benefit Utah, our exports were $4.1 billion. Today, they exceed $7 billion. That is impressive growth. What is even more impressive is the opportunity that lies before us: World Trade is approximately $8 trillion.

In a study done by the Philadelphia office of Legg Mason it was discovered that the 100 largest metropolitan areas in the US with World Trade Centers experienced 270% higher export sales than those regions without a WTC.

With over 300 WTC’s in the world, and China planning to add 40 more in the next 5 years, it is imperative that we establish Utah on the international trade map.

The World Trade Center Association provides services for over 750,000 members worldwide.

In Utah, we have the foundation for explosive growth in International Commerce. Manufacturing goods make up over 90% of our state’s exports.

With over 4300 high tech companies in the state, the Information Technology and Life Sciences sectors are flourishing.

During the IT era it took 50 years to get 1 billion people using computers primarily in North America Western Europe, and Japan. The next 1 billion will come very quickly with the highest and dramatic growth in China, India, Russia, and Brazil.

In one study, the US had over 130 million users on the Internet. That represents 67% of the eligible population. China, by contrast, had over 103 million users, which represented only 8% of their eligible population.

China is projected to be the new super economic power by 2020, and India will likely challenge China for that position by the middle of the century, according to Clyde Prestowitz in his book, Three Billion New Capitalists. They both are and will be active growing trade partners for Utah.

We have every reason to be optimistic about the potential positive impact of the World Trade Center Utah. We are fortunate to have the private sector, government, and education pulling on the harness together.

Best of all, we have a dynamic leader in our President and CEO, Lew Cramer, who is already on a course to drive us to new levels of International Commerce that we only dreamed about a few months ago.

Jack Sunderlage
Chairman of the Board




Letter from the President


The World Trade Center Utah (WTCU) has a bold mission on behalf of Utah businesses and entrepreneurs: the WTCU‘s sole aim is to help Utah businesses thrive in the international marketplace. What does this mean for you? The WTCU will bring together private and public sectors by offering a variety of indispensable resources such as:


With all aspects of trade and export under one roof, you will have the tools you need to undertake the most effective globalization of your products and services. Utah is an ideal catalyst for increased – and profitable – international trade. It features the unique cultural, educational, economic and foreign language foundation to make a World Trade Center possible, necessary and successful.

I am thrilled to be part of this great organization and help provide a center where Utah business men and women can come to learn, to engage and to prepare for the future of their companies and the future of Utah. I can say from experience that international trade makes good business sense – and lots of good business dollars.

I look forward to being personally involved in helping you plan for the successful and profitable expansion of your company into international markets. Please join with us in this exciting new opportunity for Utah’s international growth.

Sincerely,

Lew W. Cramer
President and Chief Executive Officer
World Trade Center Utah