Highlights: Export-Import Bank of the United States

Home

Shortcuts

About Ex-Im

News & Events

Products & Policies

Apply

Highlights

Highlights Archive

	Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Alonso Garcia Tamés, director general of the National Development Bank for Public Works and Services (Banobras) of Mexico today signed a memorandum of agreement for Ex-Im Bank to provide up to $1 billion in financing for Mexico’s National Infrastructure Program (NIP). Hochberg and Garcia Tamés signed the memorandum at a ceremony at the headquarters of Banobras in Santa Fe during Hochberg’s six-day visit to Mexico to promote trade relations between the two countries. The Mexican program to improve and expand infrastructure in the transportation, energy and utility sectors will offer major opportunities for U.S. exporters to sell high-quality equipment, services and technology to Mexico. (2-25-10)
	Colombian President Alvaro Uribe (right) and Ex-Im Bank Chairman and President Fred P. Hochberg (center) talk after a formal meeting at the Presidential Palace in Bogotá on Tuesday, January 19. At the meeting the two discussed the potential for increased Colombian purchases of U.S. exports as a result of Ex-Im Bank's approval of a $1 billion preliminary commitment for Colombia's national oil company, Ecopetrol, to buy U.S. goods and services. Also participating in the discussions were Ex-Im Bank Senior Vice President for Export Finance John McAdams (far left), as well as Chief of Staff Kevin Varney and Regional Director for the Americas Xiomara Creque (both not shown). More photos.
	Ex-Im Bank's FY 2009 Annual Report is now available online. The report details Ex-Im Bank's record year of activity in FY 2009, in which the Bank acheived milestones in total financing authorized ($21 billion) and direct small-business support ($4.4 billion). The financial report includes summaries and listings of FY 2009 authorizations, FY 2009 financial statements and notes, and the Management's Discussion and Analysis of Results of Operations and Financial Condition.
	At a ceremony at Ex-Im Bank headquarters in Washington, D.C., Ex-Im Bank Chairman and President Fred P. Hochberg (center); Mohamed Hassan (left), advisor to the chairman of EgyptAir Holding Co.; and Astar Saleh (right), executive director of JP Morgan Chase Bank, N.A., signed documents finalizing Ex-Im Bank's support for EgyptAir's purchase of five Boeing 737-800 aircraft as part of the airline's major fleet renewal.
	AgustaWestland of Philadelphia, Pa., is exporting four of its AW139 multiple-mission helicopters to the government of Trinidad and Tobago for use by its Air Guard in search and rescue, border patrol and drug interdiction. Ex-Im Bank is guaranteeing an approximately $80 million, 10-year loan from BNP Paribas of New York, N.Y.
	OFFICIALS FROM THE STATE AND CITY OF RIO DE JANEIRO met with a delegation from the Export-Import Bank of the United States led by Chairman and President Fred P. Hochberg (right), seen here at the Governor's Palace in Rio de Janeiro speaking with Eduardo Paes, mayor of the City of Rio de Janeiro (left), and Governor Sérgio Cabral Filho, of the State of Rio de Janeiro (middle). ">OFFICIALS FROM THE STATE AND CITY OF RIO DE JANEIRO met with a delegation from the Export-Import Bank of the United States led by Chairman and President Fred P. Hochberg (right), seen here at the Governor's Palace in Rio de Janeiro speaking with Eduardo Paes, mayor of the City of Rio de Janeiro (left), and Governor Sérgio Cabral Filho, of the State of Rio de Janeiro (middle).
	Fred P. Hochberg has been sworn-in as the Chairman and President of the Export-Import Bank of the United States (Ex-Im Bank). "I want Ex-Im Bank to be an organization known for its embrace of innovation, an organization that takes prudent risks and provides exceptional service to its customers," Hochberg told staff following an informal swearing-in ceremony. In his capacity as president Hochberg also serves as chairman of the board. Read more about Chairman Hochberg.
	Cessna Aircraft Company employees work on the Citation CJ line at the company's manufacturing plant in Wichita, Kan. Ex-Im Bank has approved a $500 million direct-loan facility to assist Textron Inc. in financing exports from two of its companies, Cessna Aircraft Company and Bell Helicopter Textron.
	Employees at Applied Materials Inc., in Santa Clara, Calif., examine the company's equipment used to make thin-film solar panels. Ex-Im Bank is providing a euro-denominated loan guarantee supporting $14.4 million in exports of solar-cell manufacturing tools and equipment by Applied Materials to Signet Solar LLC of Dresden, Germany. The exports were used to construct Signet Solar's manufacturing facility that produces amorphous thin-film silicon photovoltaic (PV) modules for use in various applications by the company's customers in Germany, Italy and Spain.
	SolarWorld USA, a manufacturer in Camarillo, Calif., exported photovoltaic solar modules for the construction of five solar-energy projects at the Gochang Solar Park in Korea. Ex-Im Bank is supporting the financing of this transaction with long-term loan-guarantees totaling $61 million.
	Workers at GE Energy, Houston, Texas, assemble GE LM6000PC SPRINT® low-emission gas turbine generators to be sold by GE Energy to Aksa Enerji Uretim A.S. (Aksa), a private Turkish power generation company. Ex-Im Bank is guaranteeing a JP Morgan Chase Bank loan to Aksa to buy the equipment to be installed in a 238-megawatt power plant in Turkey’s Antalya region.
	PROMOTING U.S. EXPORTS TO INDIA - Ex-Im Bank Director Diane Farrell (center) and Business Development Officer Talaat Rahman (far right) promoted the Bank's ability to help finance U.S. exports to small- and medium-sized Indian enterprises (SMEs) during a meeting with the Confederation of Indian Industry (CII) in Hyderabad, India. CII is a non-governmental, not-for-profit, industry-led and industry-managed organization. Founded over 112 years ago, it has a direct membership of over 7,000 organizations from the private and public sectors, including many SMEs.
	United Solar Ovonic LLC in Auburn Hills, Mich., is using a $25 million revolving credit line guaranteed under Ex-Im Bank's 'Fast Track' Working Capital Guarantee Program to finance the export of its thin-film solar laminates to customers in Europe and Asia. The guaranteed lender is JP Morgan Chase Bank in Cleveland, Ohio. Ex-Im Bank's 'Fast Track' program helps U.S. exporters to obtain larger working capital loans in less time.
	Chindex International Inc. in Bethesda, Md., is exporting diagnostic medical equipment from four major U.S. manufacturers for the Liaocheng People's Hospital in Shandong Province, China, with the support of a seven-year, $4.5 million loan guarantee from Ex-Im Bank. The transaction is the first to be done under Ex-Im Bank's framework agreement with China's Ministry of Finance. Among the U.S. exports is ultrasound equipment (pictured) manufactured by Siemens USA Inc. in Mountain View, Calif.
	Bio-Microbics Inc., a small business in Shawnee Mission, Kan., is exporting wastewater treatment systems and related equipment to Acuapro S.A. of Monterrey, Mexico, with the backing of a 10-year, $824,000 loan guarantee from Ex-Im Bank. The guaranteed lender is COFINE S.A. in Monterrey, Mexico. The transaction received longer than normal repayment terms under Ex-Im Bank's Environmental Exports Program. Pictured: Bio-Microbics employees at the company's warehouse prepare an equipment order for shipment.
	Workers at GE-Transportation factories in Pennsylvania are assembling these GE Evolution Series (EVO) 44AC diesel electric locomotives as part of a $92 million sale to Mexico’s Grupo Ferroviario Mexicano (GFM), owner of Ferrocarril Mexicano, S.A. de C.V. (Ferromex), one of the country’s largest private railways. The Export-Import Bank of the United States is guaranteeing the loan to GFM being made by, Calyon, S.A., of Courbevoie Hauts de Seine, France
	Retech Systems LLC, a small business located in Ukiah, Calif., is using a $20 million working capital guarantee from the Export-Import Bank of the United States (Ex-Im Bank) to export its metals-processing equipment to Shanghai Baoshan Iron & Steel Co. Ltd. of China. The company is the market leader in sales of large-scale electron-beam and plasma systems. The equipment being exported to China (similar to Retech's cold-hearth furnace pictured above) will be used to increase titanium production for China's domestic market. Photo courtesy of Retech Systems LLC.
	State-of-the-art U.S.-made oil well measurement technology has been sold to Nigerian-based Drillog Petro-Dynamics Ltd. in Port Harcourt, Nigeria with the help of a $13.1 million loan guarantee from Ex-Im Bank. These are Logging While Drilling (LWD) tools. They each measure a different characteristic of the underground formations (materials) around the well. Put together, these different measurements indicate the likely location of oil and gas.
	LeTourneau Technologies Inc., of Longview, Texas, delivers its mobile jack-up oil-drilling rig, named PANUCO, from its shipyard in Vicksburg, Miss., to Sabine Pass, Texas, en route to final delivery to a subsidiary of Perforadora Central S.A. de C.V. in Mexico. The $130 million export is being supported by a $54 million Ex-Im Bank-guaranteed loan to the foreign buyer from BBVA Bancomer of Mexico City. It is the first financing of a mobile drilling rig to be guaranteed by Ex-Im Bank.
	When the fire trucks roll out of stations in Istanbul,Turkey, the firefighters will have small-business employees in Michigan and Louisiana to thank for the state-of-the-art equipment they are driving. And the U.S. companies will have Ex-Im Bank to thank for the loan guarantee that made it possible for them to sell 55 high-technology firefighting vehicles to the Municipality of Istanbul and to add 100 new employees. The fire-truck superstructure will be added to the rear portion of the chassis.
	Artist's rendering of one of the four Vietnam Airlines Boeing 787-8 Dreamliners for which Ex-Im Bank has provided a preliminary financing commitment. (Artwork courtesy Boeing)
	Ex-Im Bank-backed $20 Million Sale of Diebold ATMs to Kazakhstan supports U.S Jobs, Kazakhstan's Banking Infrastructure
	Aquatech International Corporation, a water purification technology company headquartered in Canonsburg, Pa., is using a $23 million working capital loan guaranteed by Ex-Im Bank to export a waste water recycle/reuse system to Oman. Aquatech created some 30 jobs for the Oman project. The company has approximately 155 employees at its main facility in Canonsburg, Pa., and 20 employees in Milwaukee, Wis.
	This image is an artist's depiction of PowerLight Corporation's solar power project to be built in Gwangju, Korea. The project is being financed by a 15-year Ex-Im Bank-backed loan guarantee from City National Bank in Los Angeles.
	CONNECTICUT WORKERS will manufacture six Sikorsky S-76C++ helicopters, similar to this S-76C+, for Lider Aviação of Belo Horizonte, Brazil. Ex-Im Bank is providing a $41 million, seven-year direct loan for the purchase. It is the second sale of Sikorsky helicopters authorized by Ex-Im Bank to Lider Aviação. (Photo: Sikorsky)
	EXPORTERS OF U.S. GOODS AND SERVICES will benefit from a loan guarantee of up to $403.5 million to support the export of U.S. equipment and services to Qatar Liquefied Gas Company 3 Ltd. (Qatargas 3) to build a natural gas liquefaction plant and related facilities in Qatar, similar to this existing LNG plant also located there. (Photo: Qatargas)
	WORKERS IN SAVANNAH, GEORGIA will manufacture three Gulfstream G350 aircraft (pictured) to be exported to National Air Services in Jeddah, Saudi Arabia. Ex-Im Bank is supporting the transaction with a long-term loan guarantee for guaranteed lender Arab Banking Corp. in New York City. (Photo: Gulfstream Aerospace)
	THIS VILLA is part of the 120-villa expatriate housing community in Doha, Qatar that will be built with equipment and services exported by U.S. companies from across the nation. A $30 million loan guarantee from the Export-Import Bank of the United States is backing the U.S. export portion of the project (Artwork: Almana Group, WLL).
	SMALL BUSINESS CREATES JOBS AND ENVIRONMENTAL BENEFITS - Flare Industries Inc. in Austin, Texas is a small business that manufactures flares for offshore production, refineries, and other petrochemical projects. Their products burn or oxidize industrial waste gases safely and efficiently. Since 2001 the family-owned company has benefited from Ex-Im Bank´s environmental exports credit insurance and also has a working capital line of credit from a local bank that we are guaranteeing as well. The company reports that over 90% of their products are exported, producing 40 export-related jobs.
	A $930 million Loan Guarantee from Ex-Im Bank will support the export of U.S. goods and services to Qatar Liquefied Gas Co. Ltd. II (Qatargas II) to build a liquefied natural gas (LNG) project and related offshore and onshore facilities in Qatar.