SAKOR Technologies Selected to participate in ExporTech to Expand Global Sales

SAKOR Technologies, Inc. has been selected to participate in ExporTech, a national export assistance program helping companies enter or expand in global markets. SAKOR will be focusing on expanding its exports of technology for testing hybrid and electric vehicle drivetrains, electric motor efficiency, and wind power generation systems.

ExporTech is a collaboration between the National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership and the U.S. Export Assistance Centers of the U.S. Department of Commerce. The program also includes regional partners. SAKOR is working closely with the Michigan Economic Development Corporation (MEDC) and Saginaw Valley State University (SVSU). The program is sponsored by FedEx.

As part of the invitation-only program, SAKOR has embarked on an intensive 3-month initiative with SVSU’s College of Business and Management to revamp the company’s global marketing and export plan over the next three to five years. Working under the direction of SAKOR, which has identified key target markets, student teams are conducting market research to identify and refine opportunities.

ExporTech applies a structured export strategy development process to accelerate growth for four to eight carefully selected companies. It is the only national program where each company develops a written export plan, which is then vetted by a panel of experts. The program has worked with more than 800 companies in 33 states since its inception in 2007.

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