Global Business Development

MAGNET supports an environment that fosters economic and strategic growth through market expansion and product sourcing. MAGNET is prepared to assist your company with market expansion to select desirable markets across the globe.

MAGNET has acquired the World Trade Center Cleveland to offer assistance and information in developing your company’s strategy to markets around the world.  If your company strategy calls for global expansion, please contact:

Randy Nemetz
(216) 432-5321

Shipping terms on an international transaction can make the difference between profit and loss

By Randolph R. Nemetz, Director, Global Affairs, MAGNET

Randolph R. Nemetz

Thanks to the weak dollar, doing business internationally is a lot more attractive to businesses in our region. In negotiating a contract to sell to a foreign party, one aspect that needs special attention is shipping terms of sale.

Check out this real-life example from our World Trade Center-Cleveland files on how shipping terms can impact a company's profit on an international sale. (More...)


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