For me, the special remembrance is of a
program we created to help small and mid-sized companies in the region
increase their international sales. XPORT was the first Public Export
Trading Company created by a government agency.
I was proud to serve as XPORT’s director
from its founding in 1982. XPORT provided comprehensive, expert
assistance to local firms with export potential, concentrating on six
product groups that reflected manufacturing strengths in the New
York-New Jersey region. Staff offered hands-on expertise in export sales
development. As a designated branch office of the Export-Import bank of
the US (Eximbank), XPORT screened companies for financial assistance and
helped them prepare applications. The program generated more than $ 100
Million in export sales by local small businesses in its first eight
years of operation.
XPORT earned the Port Authority national
recognition from Harvard University with the "Innovation Award”
including a $100,000 prize. The United States Department of Commerce
also saluted XPORT with the "E" or export award. I was privileged to
join Port Authority Chairman Philip Kaltenbacher when he accepted the
award from President Ronald Reagan in a Rose Garden ceremony on April
30, 1986.
|