NAM Launches Blog to Boost Support for Ex-Im Renewal
The National Association of Manufacturers launched an “Exporters for Ex-Im” blog series on April 22 with its initial article focusing on the Export-Import Bank’s financing of Pennsylvania-based manufacturer, Wallquest. The bank’s charter faces expiration at the end of the fiscal…
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year, but some Republicans oppose renewal (see 14041028). Through Ex-Im Bank financing, Wallquest increased its staff from 80 employees in 2008 to 185 employees in 2012, and now sells product to 61 countries, said the blog. The Ex-Im Bank is the official U.S. government credit agency.