fla_tiger
01-30-2007, 03:46 AM
By ADVOCATE BUSINESS STAFF
A Dallas-based technology firm announced plans for a $20 million Chinese consumer market commerce center to be built in New Orleans.
Chinese investors will fund the center to aid the introduction of Chinese manufacturing into U.S. consumer markets, said NewMarket Technology, which announced the facility today during a presentation in Beijing.
NewMarket CEO Philip Verges said Mayor Ray Nagin’s economic development office was instrumental in landing the project, which will be a business-to-business center chartered as a U.S. corporation.
In 2006, NewMarket Technology was named the fastest-growing technology firm in Texas and third-fastest growing in the United States. It earned a quarter of its $70 million in 2006 revenue in China.
http://www.newmarkettechnology.com/newsreleases/news-20070129_1.htm
A Dallas-based technology firm announced plans for a $20 million Chinese consumer market commerce center to be built in New Orleans.
Chinese investors will fund the center to aid the introduction of Chinese manufacturing into U.S. consumer markets, said NewMarket Technology, which announced the facility today during a presentation in Beijing.
NewMarket CEO Philip Verges said Mayor Ray Nagin’s economic development office was instrumental in landing the project, which will be a business-to-business center chartered as a U.S. corporation.
In 2006, NewMarket Technology was named the fastest-growing technology firm in Texas and third-fastest growing in the United States. It earned a quarter of its $70 million in 2006 revenue in China.
http://www.newmarkettechnology.com/newsreleases/news-20070129_1.htm
