Category: international trade


Amy L. Grat –    CEO, International
Trade Education Programs (ITEP)

“I volunteered to be on the ITEP board of  directors, because I was inspired by the  powerful impact ITEP had on the lives of these  high school students,” said Amy L. Grat, CEO,  ITEP

Los Angeles, CA — Chair Caroline Brown,  International Trade Education Programs, Inc.  (ITEP) announced today (Wednesday) that the a  501 (c) (3) non-profit organization has chosen  Amy L. Grat as the new CEO, replacing Carol  Rowen, founder, who retired last month after  more than a decade of award-winning  community and business service and will remain  a consultant at ITEP. “Amy is a globally-focused  non-profit professional with more than 15 years of  experience raising funds, managing programs  and effectively building relationships,” said  Caroline Brown, chair, ITEP. “After an extensive  search we felt that Amy skills and professional  networks will enable the organization to build   upon our first decade of success.”

Grat, as a member of the ITEP Board for the past three years, has provided strategic input and raised revenues for the nonprofit 501c3 organization.  Prior to ITEP, she was director of Marshall Partners and associate director ofAnnual Giving for USC’s Marshall School of Business, where she received her MBA in 2008.  Earlier, she served as vice president of Investor Relations for the Los Angeles County Economic Development Corporation (LAEDC), where she was responsible for raising funds and developing the organization’s relationships within Southern California’s business, government and educational communities.

“I volunteered to be on the ITEP board of directors, because I was inspired by the powerful impact ITEP had on the lives of these high school students,” explained Amy L. Grat, CEO, ITEP. “Today I am thrilled for the opportunity to build on the phenomenal work done by Carol Rowen and our industry and educational partners in preparing job-ready and college-prepared graduates for careers in international trade.” For more visit:   http://bit.ly/b6jyrd

Shenzhen New World Group Co.,  Ltd.Buys Los Angeles Marriott Hotel

World Trade Center Association Los  Angeles-Long Beach provided critical      guidance to Shenzhen Group during   acquisition process

Los Angeles, CA –  Shenzhen New World Group Co., Ltd., a leading privately-held real estate development company in China has announced that it will close escrow on its purchase of the Los Angeles Marriott Downtown Hotel, which had filed for bankruptcy protection last year.  The purchase will help retain up to 400 existing jobs.

The World Trade Center Association LA-Long Beach (WTCA) provided critical guidance during the acquisition process, including meeting regularly with key executives from the Shenzhen Group, local government leaders and members of the L.A. business community to help facilitate incentives and foster key relationships that made this purchase possible.

Shenzhen New World Investment (USA) Inc., the U.S. arm of Shenzhen New World Group, expects to invest $12 to $13 million in renovations and upgrades, which has the potential to create hundreds of additional jobs over the next two years. Plans are under way to upgrade the hotel to LEED energy-efficiency standards, as well as enhance its service offerings to include 5-star amenities.

“We appreciate the Shenzhen New World Group investment in our community and look forward to new investments in L.A. County in the future,” said Baugham. “Foreign companies based in the L.A. County play such a critical role in the region’s economy, supporting almost one in ten private sector jobs.”
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