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FirstTime Study Reveals Foreign Direct Investment is A Major Contributor to LA Countys Economy


Embargoed Study For Release On May 14, 2008, 12:01 A.M. (PST)

Please call - for Trade Trends Link to Full Study

1st-Ever FDI Study EMBARGOED Until 12:01 a.m., Wed., May 14

Who:

Jack Kyser, Senior V.P. and Chief Economist, LAEDC

(International Trade Outlook and Preliminary FDI Study)

Mayor Bob Foster, City of Long Beach

Jim Hankla, President Long Beach Harbor Commission

(Long Beach FDI Trends)

Al Shepetuk, President, California Transportation and Logistics Institute

(Connecting Trade with Logistics)

        

What:     

WTCA LA - Long Beach: International Trade Outlook

When:     

WEDNESDAY, May 14, 2008, Program: 8:30 a.m. - 10:00 a.m.

Continental Breakfast and Copy of Preliminary FDI Study & International Trade Report.

Advanced media interviews are welcome between now and Wed.

Where:    

Keesal, Young and Logan - Long Beach

400 Oceangate, Long Beach (Union Bank Building - 14th Fl.) (562) 436-2000

Background:

The LAEDC plans to release the results of its 2008 International Trade Study on Wednesday, May 14, 2008, in Long Beach at above event. International trade contributes more than 500,000 jobs for the LA economy. Join us for breakfast to learn about the first ever Foreign Direct Investment study and trends affecting our int'l trade industry. Keynote speakers include Mayor Bob Foster, City of Long Beach; Jack Kyser, LAEDC Sr. V.P. & Chief Economist, James Hankla, Long Beach Harbor Commission president, and Al Shepetuk, president, California Transp. and Logistics Institute.

[Editors: LAEDC will provide links to both study findings, and you need to check back periodically for updates and completed study results. Spanish Speaking media spokesman will be available. For the links and advanced interviews, call 818-340-5300 or 818-618-9229. For more about LAEDC, visit www.laedc.org. For more about WTCA LA-Long Beach, visit www.wtca-lalb.org.

PLEASE CALL MAYO Communications for link to full study and for advanced media interviews.