Showing posts with label AMERICAN JOBS. Show all posts
Showing posts with label AMERICAN JOBS. Show all posts

Tuesday, November 25, 2014

EXPORT-IMPORT BANK, WTC NEW ORLEANS WORK TO BOOST LOCAL EXPORTS

FROM:  U.S. EXPORT-IMPORT BANK 
Ex-Im Bank Joins with World Trade Center New Orleans to Boost Local U.S. Exports 

WASHINGTON, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) has joined forces with the World Trade Center New Orleans to assist local businesses to boost their export sales and add quality American jobs as part of Ex-Im Bank's City/State Program.

The City/State Program helps ensure that Ex-Im Bank's export finance products are more accessible to small and medium-sized businesses by way of local, state, and regional economic development and business support organizations. Each City/State Program member pledges to make financing assistance and entrepreneurial services available to local businesses in order to create, promote, and expand exports from their area. Ex-Im Bank provides members with free marketing and training materials, qualified finance experts to speak at members’ local events, assistance with outreach and counseling, and access to a network of lenders, insurance brokers, and U.S. Government export resources.

The program is expected to accelerate export business and job growth by connecting Bank products and services to a statewide network of Small Business Development Centers (SBDCs).
“Ex-Im Bank has a lot to offer New Orleans businesses that wish to expand their export reach, and this program will put Ex-Im's financing benefits on display for them,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “Exporters can learn about Express Insurance and other cost-effective tools the Bank provides, and use those tools to increase global sales and local job growth.”

“We’re very excited about this new partnership with the Ex-Im Bank after working together over the course of several months to get to this point,” Dominik Knoll, CEO, World Trade Center of New Orleans said. “This partnership furthers our ability to provide Louisiana businesses with the financial resources and information they need to expand internationally. The Export-Import Bank of the United States is an invaluable financial resource that has cleared the pathway for thousands of exporting businesses throughout the United States and we look forward to being a local resource for Louisiana businesses interested in those same financial opportunities.”

ABOUT EX-IM BANK:

Ex-Im Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Ninety percent of its transactions directly serve American small businesses.

In fiscal year 2014, Ex-Im Bank approved $20.5 billion in total authorizations. These authorizations supported an estimated $27.5 billion in U.S. export sales, as well as approximately 164,000 American jobs in communities across the country.

Small business exporters can learn about how Ex-Im Bank products can empower them to increase foreign sales by clicking here. For more information about Ex-Im, visit www.exim.gov.

ABOUT THE WORLD TRADE CENTER OF NEW ORLEANS:

The World Trade Center of New Orleans (WTCNO) is the strongest international business organization in the Gulf Coast region, consisting of 1,000+ companies as well as high profile individual members. This membership base represents a diverse group of industry leaders, companies, professional organizations, and government institutions that include manufacturing, energy, agriculture, maritime, digital media, foreign consulates, and other interests. In 2013, member organizations were able to significantly contribute to the state’s record-breaking exports, the total value of which exceeded $63.3 billion. The mission of the World Trade Center of New Orleans is to create jobs and wealth in Louisiana through international trade, economic development, and allied activities.

Thursday, May 10, 2012

SECRETARY OF INTERIOR SALAZAR SPEAKS ON ENERGY PROJECTS


FROM:  DEPARTMENT OF THE INTERIOR
President Obama has made it clear that our country needs an all-of-the-above strategy to develop American energy – energy that's cleaner, cheaper, and generates new jobs for Americans.

On Tuesday, we took another major step forward in President Obama's commitment to responsibly expand development of America's abundant natural gas resources by approving the Greater Natural Buttes gas development project in Utah.

This project, proposed by Anadarko Petroleum Corporation, could produce more than six trillion cubic feet of natural gas over its life, support more than 4,000 American jobs during the different phases of development, and infuse millions of dollars into local Utah communities.

The project is a model for a balanced approach to energy development: by using innovative technologies and best practices, the project will limit new surface disturbance to just five percent of the area. And, as part of a landmark cooperative agreement with the Southern Utah Wilderness Alliance, Anadarko will drill the 3,600 new wells while safeguarding air quality and ensuring the protection of critical wildlife habitat and outdoor recreation values.

Today's announcement exemplifies the kind of progress we are making as part of the Administration's all-of-the-above energy strategy. In 2011, U.S. natural gas production grew by more than 7 percent – the largest year-over-year increase in history. U.S. gas production is now at an all-time high and oil production is at an eight-year high. And America's dependence on foreign oil has gone down every single year since President Obama took office; we have cut net imports by ten percent – or a million barrels a day – in the last year alone.

But that's not all. Renewable energy production has nearly doubled over the last three years. And on public lands, we are well on our way to meeting the President's goal of permitting 10,000 megawatts of large-scale renewable power by the end of the year.

Earlier this week, in the sun-drenched southwest corner of Nevada, we "flipped the switch" on the first large-scale solar energy facility on U.S. public lands to deliver power to American consumers. The Enbridge Silver State North solar facility uses innovative photovoltaic technology to deliver clean energy to more than 10,000 homes and businesses across Nevada.

The 50-megawatt project generates electricity with no air emissions, no waste production, and no water use. The advanced process displaces about 42,000 metric tons of carbon dioxide annually – the equivalent of taking 8,000 cars off the road.

Prior to 2009, Interior had not authorized a single solar project on public lands. But today, the Silver State North project is one of 29 large-scale renewable energy projects that Interior has approved on public lands, including 16 solar projects, 5 wind farms, and 8 geothermal plants. If built by the companies, the facilities will provide more than 6,500 megawatts of power to communities across the West.

We need to keep this momentum going and help put America in control of its energy future. That's why President Obama has called on Congress to pass legislation that will extend the Production Tax Credit to support American jobs and manufacturing in the wind industry alongside an expansion of the 48C Advanced Energy Manufacturing Tax Credit that supports American-made clean energy manufacturing.

All of these trends show the gathering strength of America’s energy economy as we move forward with an all-of-the-above energy strategy.

Thank you,

Ken Salazar
Secretary of the Interior

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