The United States is a net importer when it comes to trade, but is a strong exporter of goods and services as well – which only makes the nation’s economy stronger as a whole.
In recognition of the importance of expanding exports to overseas markets, the U.S. Department of Commerce, along with the Obama administration, gives the President’s “E” Award for companies that significantly contribute to export expansion.
We’re pleased to announce that ProcessBarron received the “E” Award from U.S. Secretary of Commerce Penny Pritzker in a ceremony in May.
Created by President John F. Kennedy, the “E” Award is designed to “afford suitable recognition to persons, firms, or organizations which contribute significantly in the effort to increase United States exports.”
The primary criterion for the award is “four years of successive export growth, usually accompanied by a rising percentage of export sales within total sales.” Companies must demonstrate that their export expansion “is measurable, innovative, and sustainable” while having “broad impact.”
Companies that receive the “E” Award are then eligible for the “E Star” Award, which is awarded to companies who maintain four years of successive export growth since winning the “E” Award.
ProcessBarron joined Page & Jones, Inc. of Mobile as the only two Alabama companies to receive the award this year. There were 123 honorees overall, and 64 of them were manufacturers.
At ProcessBarron, we believe in excellence and integrity in what we manufacture and what we offer. Our air and materials handling equipment is used in a wide variety of facilities all across the globe, designed to help power communities both here and abroad. We’re humbled by this recognition and will continue to strive toward delivering a superior product to domestic and foreign markets – wherever a need may be.