The application focused on historical sales growth, motivation, and financial stability. We are thrilled to have been chosen for this reputable program that will likely give us much more leverage in the international arena.
Oakwood, Virginia (PRWEB) January 23, 2015
The Virginia Economic Development Partnership (VEDP) is a state organization with programs available to assist Virginia companies in finding new international markets for their products and services. Having used VEDP resources previously, West River has been able to meet new potential international customers and partners through their participation in the organization’s trade mission trips. Most recently, however, West River was selected as one of twelve companies from the state of Virginia to enter into the VALET program for the class of January 2015. The award-winning VALET program’s goal is to accelerate a Virginia company’s international strategy through planning, expert guidance and export expense reimbursement. VALET offers a powerful combination of capital resources provided by the state and other private-sector partners to help Virginia companies with international sales plan development, increasing international sales and entry into new international markets. The intended results of the VALET program are to increase volume of sales of Virginia exports as well as the number of Virginia exporters.
The process of being chosen to participate in the two-year business acceleration program is highly selective. Pete Savage, VALET program representative for West River explains “the application process was extensive. Much information had to be provided to the state to see if West River met the criteria to be chosen as one of the twelve companies. The application focused on historical sales growth, motivation, and financial stability. We are thrilled to have been chosen for this reputable program that will likely give us much more leverage in the international arena.” West River’s work with the VALET program has already proven successful as international markets have been identified and strategic goals set. Over the next two years, West River will work closely with consultants from the VALET program to accomplish the tasks set up during the program orientation meeting. Pete adds “It has been a great opportunity for us to be involved with VEDP. The resources have been useful and we’ve already met many new international customers through the trade mission trip that we attended in late 2013. This program is an excellent experience for us and something new that we’ve never done before.”
About West River Conveyors
West River Conveyors is a leader in custom-built, custom-designed conveyor systems for the mining industry including belt drives, take-up units, tail sections, starters, power pack, discharge/transfer stations and more. West River also supplies conveyor components to the mining industry.
For more information about West River Conveyors or to request a quote, call 800-332-2781 or visit westriverconveyors.com.
View their social media: