User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


82° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Push For SD Business Exports

October 18, 2012, 9:50 PM by Angela Kennecke

Push For SD Business Exports
SIOUX FALLS, SD -

South Dakota Governor Dennis Daugaard says it's time for South Dakota to become a player on the world stage. The Small Business Administration and several other groups want to make that happen through exports.

It's not a big company with fewer than ten employees; but PS International exports its product to 30 countries on five continents. 

“It is a niche business and there are not that many competitors nationwide. There are five or so that we directly compete with and we set ourselves apart by engineering, "Brett Sadler of PS International said.

PS International makes oil and water separators used by power plants, airports and rail yards.  One of its subcontractors is in a little shop near Canton. 

“It's a very small percentage, but success stories like this one are going on all over South Dakota and you wouldn't even know it," John Brown of the Small Business Administration said.

The Small Business Administration wants to help more companies have the same success with exporting as PS International.  That's why it's holding a series of workshops with experienced exporters like Sadler to help other business owners. 

Sadler has learned a lot over the years when dealing with foreign companies.

“We shipped equipment to China one time and they wanted to pay us 90 percent and we'll pay you the 10 percent once it gets here and that made sense to us; well once it got there, we never heard from them," Sadler said.

PS International solved that problem by billing its foreign buyers upfront. It's that kind of experience the SBA hopes will help others getting in on the export business. 

“The bottom line is the bottom line. We want to help businesses increase their profits and exporting is the ticket to get there," Brown said.

Click here to learn more about the export workshops.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story


Events