The Virginia Economic Development Partnership announced the acceptance of Neuman Aluminium Impact Extrusion of Waynesboro into its two-year Virginia Leaders in Export Trade program.
Launched in January 2002, the VALET program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
Currently, VALET has 50 companies as participants. New participants in the program have access to $15,000 in reimbursement funds from the Commonwealth. The program provides participating companies assistance from a team of experienced international service providers to help them meet their international goals. Private sector service providers such as attorneys, web designers, bankers, translators and freight forwarders contribute essential expertise to assist companies in executing their export initiatives.
These Virginia companies join the program as part of the 22nd class of the VALET program. To participate, each eligible business must meet several quantitative criteria and complete an application process. Participating firms are chosen based on their dedication to growth through export. Currently, more than 175 Virginia companies have been accepted to participate in the VALET program.
“The VALET program generates international sales for Virginia companies,” said Paul Grossman, VEDP Director of International Trade and Investment. “Since its inception in 2002, the program has worked with more than 175 companies to increase their international sales. Because of the program’s proven success and because jobs are created when Virginia companies sell more into global markets, it is important that we continue to assist Virginia companies through the program. We are happy to welcome these companies to VALET and look forward to working with them over the course of the next two years.”
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