Six Connecticut Businesses Earn Honors from U.S. Commerce Department for Export Efforts
/Four Connecticut companies - Dymotek of Ellington, Jonal Laboratories, Inc. of Meriden, Mutualink of Wallingford and Proton OnSite of Wallingford – were among 26 companies nationwide to receive the President’s “E” Award for Exports, as determined by the U.S. Department of Commerce. In addition, Stamford-based Finacity Corporation and Hartford-based law firm Shipman and Goodwin were among 12 firms in the U.S. to earn an “E” award for Export Service. U.S. Commerce Secretary Penny Pritzker honored a total of 45 American companies and organizations, many of which are small- and medium-sized enterprises (SMEs), at the 2015 President’s “E” Awards ceremony, held earlier this year. The six Connecticut businesses were among the 45 honored.
Among the 45 businesses, Arizona joined Connecticut with the most businesses earning the “E” designation, with four. Texas had three; Tennessee, Illinois and North Carolina each had two. This year’s honorees represent 20 states, with 35 SMEs and 21 manufacturers receiving awards.
The “awardees have made substantial contributions to increasing U.S. exports, which are critical to spurring economic growth and job creation,” said Commerce Secretary Penny Pritzker. “Exports continue to be a driver of our economy, supporting more than 11.7 million jobs in cities and communities across the country. Furthermore, these exporters are examples of the historic progress in our export growth. In 2014, U.S. exports hit an all-time high of $2.34 trillion, accounting for 13.4 percent of GDP. By exporting more Made-in-America goods and services, U.S. businesses are growing faster, hiring more workers, and paying better wages.”
Proton Onsite makes hydrogen and nitrogen generators. Mutualink manufactures equipment used to facilitate collaborative communication between public safety and first response teams at the scene of emergencies. Jonal Laboratories makes sealant used in the aerospace industry. Dymotek manufactures custom injection molded plastic and silicone parts for electronics, plumbing valves and juice dispensers.
Finacity is a world-class expert in accounts receivable securitizations, specializing in structuring, administration and reporting.
Twelve companies that assist and facilitate export activities were honored with the “E” Award for Export Service. Four firms received the “E” Star Award for Exports, which recognizes previous “E” Award winners who have reported four years of additional export growth. And, three companies were awarded the “E” Star Award for Export Service, which recognizes previous “E” Award winners that have shown four years of continued support of exporters since first winning the “E” Award.
This year marks the 53rd anniversary of the “E” Awards presentation, which recognizes companies and organizations that make a significant contribution to the expansion of U.S. exports. In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
“Only a small percentage of America’s 30 million companies export, and of U.S. companies that do export, 59 percent export to only one country. Increasing this number can have a big impact on the U.S. economy,” Pritzker added.