Jay Timmons, president and CEO of the NAM, Danny Roderick, president and CEO of Westinghouse Electric Co., and Pierre Paul Oneid, senior vice president and chief nuclear officer at Holtec International Corp. speak Friday at a roundtable discussion on the Export-Import Bank.
– Justine Coyne
If you’re like me, you may have little to no understanding or appreciation for something called the Export-Import (Ex-Im) Bank.
The Pittsburgh Business Times published a good article today titled, Roderick, NAM urge action on Export-Import Bank. I recommend reading it.
Here’s an excellent description of the Ex-Im:
In 2013, the Ex-Im bank supported $37 billion in exports that helped to sustain 200,000 U.S. jobs at 3,400 companies, according to Jay Timmons, president and CEO of NAM.
And it’s not just the big companies like Westinghouse that benefit from the program: About 90 percent of Ex-Im bank transactions in 2013 benefited small business…
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