New Video Highlights Consequences Of Ex-Im Lapse For North Carolina Manufacturers

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The Exporters for Ex-Im Coalition has released a video that details the negative consequences of the Export-Import (Ex-Im) Bank lapse for North Carolina manufacturers.

Below are some excerpts from the video:

James Wind, CFO, Flow Sciences (Wilmington, NC). “Ex-Im Bank is an integral part of our financing picture. 30 percent of our revenue is represented with export sales, I can’t keep all these people employed if I have a 30 percent whack in my revenue.”

 

Tod Skinner, President, American Engineering Group (Charlotte, NC). “Some of the transactions we’re looking at where Ex-Im could help us are upwards of a half a million dollars…Getting an order like that because of Ex-Im would allow us to add one, two, three more jobs than we would have otherwise.”

 

Leslie Harty, President, Maverick Enterprises (Charlotte, NC). “Ex-Im is vital to a small business that does business overseas…I do not know how I will able to do business overseas without Ex-Im. If I don’t have that, it could put me out of business.”

 

Ex-Im has supported over $2.9 billion in export sales at 200 companies since 2007 in North Carolina alone. Last week, a majority of members of the U.S. House of Representatives signed a discharge petition to bring the Ex-Im reauthorization bill to a vote on the House floor. North Carolina Representatives Alma Adams, David Price, Renee Ellmers and G.K. Butterfield were among the 218 signers of the discharge petition.

 

We need your help to show that Ex-Im is a critical tool to strengthening North Carolina businesses. Here’s what you can do: