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10/05/2012: PHILIPPINE AMBASSADOR MEETS WITH LEADING MEMPHIS COMPANIES

10 MAY 2012, MEMPHIS, TENNESEE. Philippine Ambassador to the United States Jose L. Cuisia discussed possible business opportunities yesterday with leading companies in Memphis, FedEx and Medtronic.

Accompanied by Consul General Mario de Leon of the Philippine Consulate General in New York, Ambassador Cuisia met with Michael Ducker, President of FedEx’s International Division.  The Ambassador briefed Mr. Ducker of the Global Gateway Logistics City, a master planned aviation oriented logistics and business center in at Clark Field in Pampanga, and expressed the hope that FedEx would consider re-establishing operations in the Philippines.

With 690 aircraft in its fleet, FedEx Corporation is the 6th largest airline in the world.  The company moves 8 million packages a day in 220 countries and territories.  Its global workforce stands at 280,000 and fiscal year 2011 revenues totaled $39 billion.

Ambassador Cuisia also met with Medtronic senior executives Rob Fredericks, Brad Cannon, and David Miller, who are Vice Presidents for Innovation, Strategy & Communications, Global Commercial Operations, and Strategic Customer Services, respectively.

The Ambassador pitched the Philippines as a potential partner for Medtronic in the spinal business and other surgical technologies.  The firm proposes to help strengthen the Philippines’ health infrastructure and the provision of quality care in the country.

Medtronic was founded in 1949 and is a global leader in medical technology.  With $3.5 billion in revenues in fiscal year 2010, the company serves patients and medical professionals in more than 120 countries.  (END)