2009 Small Business Environmental Exporter of the Year
April 10th, 2009 by Eric Foronjy
Hague Quality Water Inc. of Groveport, Ohio, a manufacturer of water treatment equipment, will receive the 2009 Small Business Environmental Exporter of the Year award from Ex-Im Bank.
Using Ex-Im Bank’s multi-buyer, short-term insurance, Hague Quality Water has increased export sales by 87% over the past 5 years, expanding into fast-growing international markets with environmentally beneficial equipment that creates clean drinking water and promotes energy efficiency. The 100-employee, family-owned company has been an Ex-Im Bank customer for 13 years.
“Ex-Im Bank insures our receivables, and this lets us extend terms to international customers that we wouldn’t otherwise be able to offer,” said Hague Quality Water President Robert Hague. “Our export business has been growing faster than our domestic sales, and some weeks, it’s been exports that have kept our factory going full.”
“By working with innovative companies like Hague Quality Water, Ex-Im Bank not only helps these firms create and maintain U.S. jobs, but also supports U.S. environmentally beneficial exports to emerging markets around the word,” said Ex-Im Bank First Vice President and Vice Chair Linda Conlin.
Hague Quality Water exports to a wide range of markets, including China, Egypt, Japan, Latvia, Taiwan, Turkey, Ukraine, and Western Europe.
Category: Company Press Release | 5 Comments »