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:

 

ExporterCityTotal Export Sales Supported
Bristol Compressors International, Inc.Bristol$50,000,000
Telarix, Inc.Vienna$35,725,000
American Hardwood Industries, LlcWaynesboro$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, IncChesapeake$18,898,921
Tread CorporationRoanoke$18,588,729
Optical Cable CorporationRoanoke$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.

UVA Basketball Fans!

uva basketball team of destiny
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25. The book, with additional reporting by Zach Pereles, Scott Ratcliffe, and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018 through to the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.

Dick Vitale on Team of Destiny: “This is a hoops story you will LOVE! Jerry and Chris capture the sensational and dramatic championship journey by Tony Bennett and his tenacious Cavalier team. UVA was Awesome Baby and so is this book!”

Ralph Sampson on Team of Destiny: “Jerry and Chris have lived and seen it all, even before my time. I highly recommend this book to every basketball fan across the globe. This story translates to all who know defeat and how to overcome it!”

Buy here.




augusta free press
augusta free press
augusta free press news