U.S. Acting Secretary of Commerce Rebecca Blank presented Nexans AmerCable the 2013 President’s “E” Award on Monday, May 20, in a ceremony at the Department of Commerce in Washington, D.C. The award is given to U.S. companies for their contributions to increasing American exports. The President’s “E” Award was created by President John F. Kennedy in 1961 to recognize persons, firms, and organizations that significantly contribute to U.S. exports. The ceremony is one of the highlights of World Trade Month, a period set aside to reflect upon the benefits international trade brings to the U.S. economy. This year marks the 51st anniversary of the awards.
“I am delighted to be recognizing this year’s Presidential ‘E’ Award winners for their outstanding contributions to U.S. exports and congratulate Nexans AmerCable on its outstanding export achievement,” said Acting Secretary Blank. “It is businesses like Nexans AmerCable that are strengthening the economies of local communities, creating jobs, and contributing to the worldwide demand for ‘Made in the USA’ goods and services.”
Nexans AmerCable, based in El Dorado, Arkansas, manufactures highly engineered and jacketed power, control and instrumentation cables for the oil and gas, mining, industrial and renewable energy markets. The company exported cables to 32 countries in 2012 and derives almost 50% of its total sales from exports.
“We are proud of our premium cable products and services and our skilled employees who are dedicated to showing the world what 'Made in USA' quality is all about,” said Rodney Cole, Nexans AmerCable’s President. “Exports are a big part of our business and future growth plans.”
U.S. companies are nominated for the “E” Award for Exports through the Department of Commerce’s U.S. and Foreign Commercial Service office network, located within the Department’s International Trade Administration, which has offices in 108 U.S. cities and more than 70 countries to help U.S. exporters. 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 earning the award.
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