Taking a Closer Look at the Export-Import Bank

Upstate SC Alliance President and CEO John Lummus recently highlighted the importance of the Export-Import Bank and shares his thoughts on why it’s critical to reauthorize this highly effective business resource in this piece at UpstateBizSC.com:

“The Upstate’s economy is closely connected to the global economy. This is a real strength for our region and gives us more resilience in weathering economic slowdowns in the U.S. economy. We have companies with operations here from all over the world. Our Upstate counties include 372 international companies representing 31 countries including Germany, Japan, China, Italy, Korea and France, which means we are successfully competing globally from the Upstate.

We need every available tool that we can find to keep us competitive in the world market that includes emerging economies in China, India, Brazil and other places that are eager to welcome new businesses and the jobs that go with them. One of the tools available to Upstate companies is the Export-Import Bank of the United States (Ex-Im Bank)… Read More at UpstateBizSC.com.