More than 200 Export Supply Chain Companies Call on Congressional Leaders to Act on Ex-Im Bank
Targeted News Service |
Today, U.S. Senator
"
"Recent reports on the uncertainty of the Bank's future may have already impacted sales, which can negatively impact our bottom line. Our customers need the certainty of export credit to successfully pursue many of their commercial sales abroad."
Cantwell announced the letter during a speech on the
Video of Cantwell's floor speech is available here.https://www.youtube.com/watch?v=-Od3ofqNdTE&feature=youtu.be
As the letter points out, large companies rely on small and mid-sized businesses to supply parts and services for products that are sold to customers overseas. Five of the nation's largest
"There are thousands of companies across
"We're here to say that making sure we reauthorize this program is critically important to small businesses, manufacturers, and suppliers throughout
About 90 percent of the
Cantwell has led the charge on the bank's reauthorization and been among its most vocal supporters. In 2012, Cantwell introduced a bipartisan amendment to reauthorize the
Below is text from the letter and a list of the companies that signed it. A copy of the letter can be found here.http://www.cantwell.senate.gov/public/_cache/files/3abdb477-c384-4df2-bd61-539b366d0001/2014%2007%2009%20-%20Ex-Im%20Suppliers%20Letter%20(2).pdf
The Honorable
Speaker Minority Leader
H-232,
The Honorable
Majority Leader Minority Leader
S-221,
Dear Speaker Boehner, Leader Reid, Leader Pelosi and Leader McConnell:
We are writing today to ask you to reauthorize the
Recent reports on the uncertainty of the Bank's future may have already impacted sales, which can negatively impact our bottom line. Our customers need the certainty of export credit to successfully pursue many of their commercial sales abroad. The ongoing defense budget uncertainty compounds this threat for many of our companies with commercial and defense customers.
Reauthorizing the
More than 95 percent of the world's consumers live abroad. We need our customers to have the ability to sell to those consumers. If they do, many of our businesses will grow, allowing us to hire more employees and re-invest in our economy. If they no longer have the Bank's support, it is our foreign competitors who will reap the benefits of greater exports.
We urge you to reauthorize the
Sincerely,
Aerospace Fabrications of GA
Aircraft Maintenance & Support
AIREPS INC.
Amerisips of the Carolina's
Amphenol APCBT
Arizona Industrial Hardware
Aviation Partners Boeing
Cascade Columbia Distribution
Chapel Steel
Clampco
CO Maintenance
Coalition Solutions Integrated (CSI)
Deuro
Diamond Machine Works
Diversified Industrial Services
E.D. Powerco
El-Co Machine Products,Inc.
Exotic Metals
WA
GM Nameplate
Growth Nation
Herndon Products
Hobart, WA
HOME INC.
Horizon Distributing
HySecurity
IL
IMS-CHAS, INC.
J.
JWD Machine
Kaas Tailored
Officemporium
Onboard Systems
Orion
PAS MRO
WA
PM Testing
ProtoCAM
S & S Welding
AL
Sigmatex High Technology Fabrics
StandardAero
WA
Triumph Actuation Systems -
WA
TNS 30TacordaCheng-140710-4793057 30TacordaCheng
Copyright: | (c) 2014 Targeted News Service |
Wordcount: | 1906 |
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