Warner calls for reauthorization of Export-Import Bank

mark-warnerToday, Senator Mark Warner was joined in Norfolk by local Longshoremen and Seafarers to call for the reauthorization of the Export-Import Bank. The Export-Import Bank has assisted more than 100 Virginia-based companies in securing loans since 2007, providing jobs across the Commonwealth and supporting the transport of goods and cargo to the Port of Virginia.

At the event, Senator Warner made his support for the Export-Import Bank clear:

“We cannot make Virginia’s businesses compete in the global economy with one arm tied behind their back. In today’s world, where goods in America are sold on every continent, we need to make sure that we do everything we can to give Virginian companies the chance to be competitive.”

While Ed Gillespie has called for the elimination of the Export-Import Bank, Senator Warner remains a strong supporter of the bank’s work to help Virginia companies finance more than $1 billion in export activity since 2007. See below for the top ten companies from across the Commonwealth whose export sales have benefitted in the last year from its partnership with the Export-Import Bank:


Exporter City Total Export Sales Supported
Bristol Compressors International, Inc. Bristol $50,000,000
Telarix, Inc. Vienna $35,725,000
American Hardwood Industries, Llc Waynesboro $30,000,000
K2m, Inc. Leesburg $30,000,000
Team Askin Technologies, Inc. Fairfax $24,080,027
Eagle Paper International, Inc. Virginia Beach $21,903,884
Mitsubishi Plastics Composites America, Inc Chesapeake $18,898,921
Tread Corporation Roanoke $18,588,729
Optical Cable Corporation Roanoke $17,328,164
Interstate Resources, Inc. Arlington $11,697,526

To see the full list of Virginia businesses supported by the Export-Import Bank click here.


Augusta Free Press content is available for free, as it has been since 2002, save for a disastrous one-month experiment at putting some content behind a pay wall back in 2009.

(We won’t ever try that again. Almost killed us!)

That said, it’s free to read, but it still costs us money to produce. The site is updated several times a day, every day, 365 days a year, 366 days on the leap year.

(Stuff still happens on Christmas Day, is what we’re saying there.)

AFP does well in drawing advertisers, but who couldn’t use an additional source of revenue?

From time to time, readers ask us how they can support us, and we usually say, keep reading.

Now we’re saying, you can drop us a few bucks, if you’re so inclined.

Click here!

News From Around the Web

Shop Google