Shotcrete Technologies Inc. Receives Presidential Award for Exports
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Shotcrete Technologies Inc. Receives Presidential Award for ExportsShotcrete Technologies
Secretary of Commerce Penny Pritzker today presented Shotcrete Technologies, Inc. with the President's 'E' Award for Exports at a ceremony in Washington, DC. The 'E' Awards are the highest recognition any US entity may receive for making a significant contribution to the expansion of US exports.
Shotcrete Technologies, Inc. CEO Mary Jane Loevlie said: "Exporting, especially to developing countries, is a foundation of the company's sales growth, and it is honoured to receive the 'E' Award."
In this challenging international environment, Shotcrete Technologies, Inc. is a small company able to compete with the large multinationals due to its nimbleness in the marketplace and ability to 'customise' for each application.
In the early 90s, exports made up less than 15% of the company's sales, but due to international demand for quality and service, its exports have grown dramatically to nearly 50% of the total revenues. Shotcrete's manufacturing and technical training enable several US businesses and contractors to thrive.
Secretary Pritzker said in her congratulatory letter to the company announcing its selection as an award recipient: "Shotcrete Technologies has demonstrated a sustained commitment to export expansion. The "E" Awards Committee was very impressed with Shotcrete Technologies' innovation in developing products for the infrastructure repair industry. The company's customisation of products for export markets was also particularly impressive. Shotcrete Technologies' achievements have undoubtedly contributed to national export expansion efforts that support the US economy and create American jobs."
Shotcrete Technologies has been providing quality products and services to the industry since 1979. The leader in shotcreting for underground projects, infrastructures and new construction, Shotcrete Technologies has a clear advantage over competitors. Shotcrete is all it does. While other companies sell all types of concrete additives and equipment, only Shotcrete Technologies maintains a singular focus on shotcreting products and services.
US exports of goods and services hit an all-time record of $2.3tn in 2013. Nationally, jobs supported by exports reached more than 11 million last year; up 1.6 million since 2009. Launched earlier this month, NEI/Next, a new phase of President Obama's National Export Initiative, works to boost economic growth and support additional American jobs by assisting more US companies of all sizes in exporting to more markets across the world.
President Kennedy revived the World War II 'E' symbol of excellence to honour and provide recognition to America's exporters. The 'E' Award Programme was established by Executive Order 10978 on December 5, 1961. Four 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 making the award.
US companies are nominated for the 'E' Award for Exports through the Department of Commerce's US and Foreign Commercial Service office network, located within the Department's International Trade Administration, which has offices in 108 US cities and more than 70 countries to help US exporters.
A total of 66 US companies were presented with the President's 'E' Award this year.
Image: Shotcrete Technologies Inc. receives President's E Award for Exports. Photo: courtesy of Shotcrete Technologies Inc.