The Export-Import Bank


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Families Lose Paychecks While Washington Plays Games

“Congress’s refusal to support American manufacturing workers is having real-world consequences. This decision will have a multiplier effect—impacting suppliers and job creators of all sizes and further hampering the ability of manufacturers to compete globally. This is only the beginning and a tragedy in the making. While Washington plays political games, hundreds of families are losing their paychecks. Those who oppose the Ex-Im owe the country some answers: Why do they support ceding good manufacturing jobs to foreign countries? Why don’t they support American workers?

“Manufacturers cannot wait any longer, leaders on both sides of the political aisle need to come together on this issue and pass a reauthorization now.”

Statement from NAM President and CEO Jay Timmons, September 15, 2015

Ex-Im Bank Logo

The NAM serves as co-chair of the Exporters for Ex-Im Coalition, which represents small, medium and large Ex-Im Bank users across the country.

What You Need to Know

Stories From the Shopfloor: The Ex-Im Bank matters to manufacturers

Since the 1990s, CNH Industrial -- and our suppliers -- have benefitted from Ex-Im Bank financing to export over $1 billion worth of equipment, supporting over 100,000 U.S. jobs.

Click Bond Director of Strategic Partnerships Paul McNeill says… critics fail to recognize Ex-Im’s downstream impact on small and mid-size manufacturers that do not contract directly with Ex-Im Bank.

Ellicott Dredges sells equipment to more than 100 countries with foreign sales representing over half of the company’s revenues. Company President Peter Bowe says the uncertainty that Congress has created over the reauthorization of the Ex-Im Bank is causing concern from foreign customers...

The NAM took out ads in both Politico and CQ Roll Call, urging for a long-term reauthorization of The Ex-Im Bank.

New research published by the NAM documents the massive size and growth of foreign export credit activity. Most developed countries and many developing countries have official export credit agencies (ECAs), with more than 60 operating worldwide. With the nine largest foreign ECAs--Brazil, Canada, China, France, Germany, Japan, Mexico, South Korea and the United Kingdom--providing nearly half a trillion dollars in annual export support, manufacturers in the United States are at a deep disadvantage in competing for sales overseas:

Forfeiting Opportunity

Ex-Im Bank reauthorization is essential for manufacturers to compete globally in the face of massive foreign export credit financing  
The Global Export Credit Dimension

The size of foreign export credit agencies compared to the Export-Import Bank of the United States  



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