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Published on 5/18/2015

AWC eUpdate Newsletter May 2015

From the President's Desk — Why You Should Care About Free Trade Agreements

From the President's Desk

Who cares about free trade between two thirds of the world economies and the United States? You should, if you care about America’s future.

Recently, I was invited to participate in a White House Business Council briefing on the importance of free trade agreements. Along with 40 other business leaders from around the country, we were thoroughly educated by White House experts on the two major free trade agreements currently on the table: the Transatlantic Trade and Investment Partnership (T-TIP) with members of the European Union and the Trans-Pacific Partnership (TPP) with countries in the Asia-Pacific region. We examined both the negative and positive implications of moving forward with such partnerships. These agreements would set standards and environmental protections while eliminating trade barriers with two-thirds of the world economies.   

One surprising fact I learned at the briefing was that 70 percent of the world’s purchasing power and nearly 95 percent of the consumers are located outside the United States. I learned that 98 percent of exports are accomplished by small to medium size businesses; two-thirds of all new jobs are created by this same group. Employees involved in companies that export are paid on average 18 percent more.  

Personally, I have seen the effects of exports in my growing company — the good and the bad. In five years, we added 20 jobs directly related to exports. But when it comes to sales, in countries that have trade barriers erected, we have lost orders by just a couple percentage points.

Under these free trade agreements, the high trade tariffs we have to overcome will be reduced. In most cases they are only paying an average 1.5 percent duty tax to ship into the US. We, on the other hand, face up to 17 percent tariffs, average, on exports, so there is no downside to this agreement. If these agreements do not pass, the other major players in the world and their economies stand to benefit. Let’s level the playing field, and we will once again dominate in global head-to-head competition.

Why listen to me? I am the president of a very successful wire and cable company started out of my parents' basement 25 years ago. Today we have 200 employees working at multiple locations throughout the country. In 2014, Allied Wire & Cable was awarded the President’s “E” Award for Exports, which is the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports. We sell to over 60 different countries. I have worked with trade specialists from a multitude of government and global organizations as well as have been personally involved in trade missions from South Africa to Turkey, and have had discussions with experts in all the major markets.

We run our company on common sense. These free trade agreements are common sense. We have nothing to lose and everything to gain. Today your US congressman and senators are receiving 12 negative calls for every positive call on this agreement, mostly from unions and others trying to protect their turf. Let your Congressmen know that you vote for free trade—that you care about good jobs and the US economy.

 

Tim Flynn, President and CEO
Allied Wire & Cable

 

 

Memorial Day Holiday Closing Notice

Memorial Day Holiday Closing Notice

Allied will be closed on Monday, May 25 in observance of Memorial Day. We honor those who died in defense of our country and freedoms. We also want to take the opportunity to thank the living — all the veterans, the men and women currently serving, and their families at Allied and across the country — for their service and sacrifice.

In future weeks, we'll be sharing the stories of Allied's own service men and women, so stay tuned.

 

 

Straight From the Drawing Board: A Case Study about Custom Data Cable with Strain Relief

Custom Cable Case Study

Imagine you want to suspend a 1000-foot data cable between two buildings. What variables would you need to take into account in your cable design?

Naturally, your first concern is the signal performance and electrical properties, because it is a data cable, after all. Then you would want to consider the physical characteristics and weather resistance,  as it is an outdoor cable. What else do you need to remember?

What about the length of the cable? Is that relevant? It can be. Especially when the cable is going to be suspended across a distance. The longer a cable is, the heavier it is; the heavier it is, the more stress the cable puts on itself.

Find out how Allied addressed this concern and built a custom data cable with strain relief for a company in the construction and mining business.

 

 

 

Video Spotlight

Harmonized Cable Video Series

The April newsletter featured a product spotlight video on H07V-K cable, the first segment of our harmonized cable series. This month we released the final two videos: spotlights on H07RN-F cable and H05V-K cable. Watch the whole harmonized cable series or skip ahead to the one(s) you haven't seen.

 

 

Copper Update

 

 
Click here to see the history of Camden Copper
Click here to see the most up-to-date Comex Copper Prices
 

 

 

Joke of the Month!

joke

A musician friend of mine told me that he was in the local orchestra when they played an outdoor concert. The sky became stormy but they played on, "until lightning struck the orchestra leader," he said. "My gosh!" I said. "Was he badly hurt?"


"Nah, he's fine. See, he's a very poor conductor."

 

 

Blog Corner

blog

Check out our latest additions!

Allied has a long history with the Make-A-Wish Foundation. Usually we're on the giving end, raising money through charity events. But this time we got to see the organization's work from a different perspective when Make-A-Wish granted a wish to Lea, the daughter of one of our very own employees.

 

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