Our Strategic Framework
How We Measure Success
LBITO measures our own success by the success of our customers. Since 2005, LBITO has facilitated over $73 million in export sales by working with over 100 greater Long Beach businesses in more than a dozen overseas markets. Since 2007, we have also helped create some 320 high paying jobs by attracting environmentally friendly companies to Long Beach. Combined, our export and investment activities have resulted in the creation of more than 1,200 local jobs and more than $4.5 million in local, state and Federal tax revenues.
LBITO Customer Testimonials
“The Long Beach International Trade Office helped us transition our Biodiesel production facility from San Clemente to Long Beach, where we were able to more than double our production capacity, increase our foreign exports, and realize nearly $600,000 in additional monthly revenue. “
Bruce Melgar,
President and Founder, UrbanX Renewables Group, Inc.
“We recently worked with the Long Beach International Trade Office to raise $1.8 million in working capital, which allowed us to complete an order for export to Saudi Arabia through the Port of Long Beach. Without LBITO’s assistance, we do not think we would have been able to meet this order, or retain our full workforce during these difficult economic times.”
John Liaw, Vice President/CFO, Tystar Corporation
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