Washington, DC (PRWEB) May 31, 2014
U.S. Secretary of Commerce Penny Pritzker presented It Straps On, Inc. with the President’s “E Star” Award for Exports at a ceremony in Washington, D.C. The “E” Awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports.
There are several designations within the E-Awards, and It Straps On was awarded the “E-Star Award” which is only given to prior E-Award winning companies who have demonstrated four years of additional exporting growth. It Straps On was one of just eight companies to receive this specific award in 2014.
“We are very proud to be chosen for an E Star Award,” says Katherine Smith, CEO of It Straps On, Inc. “It’s taken a lot of hard work to build our exports across the globe, and it is great to be recognized for our continued growth. Exporting now accounts for a major percentage of our business, and growth in this area allows us to sustain jobs and expand our work force.”
“The President’s “E” Award winners are fantastic American businesses and organizations that have played a crucial role in strengthening and growing our economy through increased U.S. exports. By selling Made-in-America goods and services internationally, U.S. business can grow faster, hire more employees, pay higher wages, and help spread American ideas, innovation and values. Congratulations to It Straps On, Inc. for its export achievement, which helps the local community, It Straps On, Inc. and the nation remain competitive in the global marketplace,” said Secretary Pritzker in her congratulatory letter to the company announcing its selection as an award recipient.
About It Straps On, Inc.
It Straps On, Inc, located in Covington, Louisiana, is a manufacturer of high quality stainless steel banding, tools and equipment for use in commercial and industrial settings. The US made stainless steel banding is corrosion resistant and is exported around the world where it is used on construction and municipal projects to secure heavy loads.
Exporting & The E-Award
U.S. exports of goods and services hit an all-time record of $2.3 trillion in 2013. Nationally, jobs supported by exports reached more than 11 million last year, up 1.6 million since 2009. Launched earlier this month, NEI/Next, a new phase of President Obama’s National Export Initiative, works to boost economic growth and support additional American jobs by assisting more U.S. companies of all sizes in exporting to more markets across the globe.
President Kennedy revived the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. The “E” Award Program was established by Executive Order 10978 on December 5, 1961. Four years of successive export growth and an applicant’s demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in making the award.
U.S. companies are nominated for the “E” Award for Exports through the Department of Commerce’s U.S. and Foreign Commercial Service office network, located within the Department’s International Trade Administration, which has offices in 108 U.S. cities and more than 70 countries to help U.S. exporters.
A total of 66 U.S. companies were presented with the President’s “E” Award this year, including 8 which were honored with the “E-Star” Award.