The President's E Award was created by Executive Order of the President to afford suitable recognition to persons, firms, or organizations which contribute significantly in the effort to increase United States exports.
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May 16, 2016 Posted by : Rome Deol Category: Industry, Machine
May 16, 2016 — U.S. Secretary of Commerce Penny Pritzker today presented EN-FAB, Inc. with the President’s “E” Award for Exports at a ceremony in Washington, DC. The President’s E Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
“EN-FAB has demonstrated a sustained commitment to export expansion. The “E” Awards Committee was very impressed with EN-FAB’s customization of its product line to fit the needs of individual clients in export markets. The company’s commitment to cross-cultural communication was also particularly notable. EN-FAB’s achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs,” said Secretary Pritzker in her congratulatory letter to the company announcing its selection as an award recipient.
EN-FAB, Inc. designs, engineers, and manufactures customized surface production equipment for the oil and gas industry. The company’s products are used in upstream, midstream, and downstream operations worldwide. For more information visit www.en-fabinc.com.
“Exporting continues to be the foundation of our sales growth, and we are honored to receive the “E” Award,” said Rick Smart, EN-FAB’s Vice President - Operations. “When we first began exporting in 1995, export sales accounted for 40 percent of our total sales. During the past 20 years, export sales grew to nearly 90 percent of our total sales, enabling us to sustain jobs and even expand our work force.”
In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. Today, Secretary Pritzker honored 123 U.S. companies with the President’s “E” Award for their outstanding work to reduce barriers to foreign markets and to open the door to more trade around the world.
In 2015, U.S. exports totaled $2.23 trillion, accounting for nearly 13 percent of U.S. GDP. Nationally, exports contributed to the U.S. economy, supporting an estimated 11.5 million jobs.
U.S. companies are nominated for the “E” Awards through the Department of Commerce’s U.S. Commercial Service office network, located within the Department’s International Trade Administration, with offices in 108 U.S. cities and more than 70 countries. Record 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 selecting the winners.
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