Starting Is Half the Task in Building a Strong Trade Relationship

Ken Grant, Director of Marketing

Ken Grant, Director of Marketing

I vividly remember my first full day in Seoul. A colleague and I were being treated to a delicious Korean barbecue dinner by our Korean distributor’s 15-member team after a long day of product training.

As the meat was cooking at the table, my counterpart and I found ourselves in a slightly awkward position. Even though we had worked with this distributor for the last five years, our communication had primarily been through email. As we talked, we grappled with the language barrier and quickly exhausted our small talk topics.

After mentioning how lovely the restaurant was and how we were looking forward to the meal, I pulled up Google Translate on my phone and typed in some simple, non-business questions such as: What kind of movies do you like?… Read More

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Scanning the World for the Right Partner

ABT logo

As the field of diagnostic medicine rapidly advances, there is growing demand for access to medical imaging technology. My company, ABT Molecular Imaging has partnered with Korea’s SI Healthcare Limited to facilitate the expansion of advanced radiochemistry research in clinical and pre-clinical molecular imaging.

Expanding into Korea was a key priority for ABT when we introduced our mini-cyclotron isotope generator, which delivers “dose on demand” biomarkers used in medical imaging processes such as Positron Emission Tomography (PET) and computerized tomography (CT) scans. Korea’s healthcare and research market is very advanced and we knew that healthcare providers at research universities and private diagnostic facilities in Korea could benefit from the cost-effectiveness and operating efficiencies provided by our new product.… Read More

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Korean Manufacturer Chooses Georgia, Bolstering Economic Benefits

This post originally appeared on East West Center’s Asia Matters For America blog. Click here to read the full article. Chad Westra is a Research Intern at the East-West Center in Washington and an undergraduate student at Calvin College. 

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Earlier this year, Georgia Governor Nathan Deal announced that Wells Lighting, a light manufacturing company based in South Korea, has chosen Georgia as the location for its North American headquarters. The company will locate its operations in the city of Millen, Georgia, investing $30 million into an already-standing 92,000 square foot building. The building will house the company’s headquarters, R&D facilities, and be the manufacturing center for a new line of LED lighting products.… Read More

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A Look at Talent Exchange During the 4th Year of KORUS FTA Implementation

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Korea and the United States recently celebrated the third anniversary of the implementation of the U.S. Korea Free Trade Agreement (KORUS FTA), which eliminated many trade barriers. Tariffs have been lowered or phased out completely, protections for intellectual properties have been strengthened and U.S. services industries, like the legal field, have gained important access to customers in Asia’s fourth largest economy. Yet one area that remains full of untapped potential in the Korea-U.S. strategic alliance is talent exchange.

Thousands of Korean students come to the United States annually to earn an education at the world’s most advanced learning institutions. The economic value of international students (those who are neither citizens nor permanent residents of the United States) is huge.… Read More

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Glow Recipe: Korean Beauty Products Curated with Love

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The first word my Glow Recipe co-founder Sarah and I ever spoke to one another was “gunbae (cheers)!” during an office dinner in Seoul, Korea. The year was 2005, and I had just started my career at L’Oreal Korea, where Sarah had been working for the past year. Fast forward to the present, and we have a combined 20 years of beauty experience under our belt in product development, multi-channel marketing (including digital), and sales across eight brands and two countries.

While we both enjoyed successful careers at one of the biggest beauty companies in the world, we noticed not only as Korean industry insiders, but also as consumers, that Korean beauty products were shifting into focus on the global stage.… Read More

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