NAM And Boeing in coalition to reauthorize Ex-Im Bank
The Hill (8/28, Cirilli) reports that Boeing is “partnering with major business organizations,” including the NAM, in a “very broad coalition” to support reauthorization of the Ex-Im Bank. The airplane manufacturer is “pulling out all the stops in an aggressive campaign” to save the Bank before its charter expires on Sept. 30.
McCaskill Tours Manufacturers To Raise Support For Ex-Im Bank. The Columbia (MO) Missourian (8/28) reports that Missouri companies “are counting on Congress to reauthorize” the Export-Import Bank in order to support their international business activities. Sens. Claire McCaskill (D-MO) and Roy Blunt (D-MO), and Rep. Vicky Hartzler (R-MO) have each “spoken in favor of renewing the bank.” McCaskill visited a manufacturer on Wednesday “to rally support for the bank.”
The PoliticMo (8/27, Yokley) reports that McCaskill visited Environmental Dynamics International, a customer of the Ex-Im Bank, “as part of a statewide campaign this week to raise awareness” about the need for the Bank. “It’s providing a competitive advantage to free market companies” whose international competition is often subsidized by their countries, said McCaskill.
South Carolina Business Leaders Express Need To Reauthorize Ex-Im Bank. WRHI-AM Rock Hill, SC (8/28) reports on its website that business leaders of Rock Hill and York County in South Carolina “called on elected officials” to reauthorize the Ex-Im Bank during a meeting Wednesday. The leaders noted that the Bank has helped businesses in South Carolina to create jobs and to grow larger than they would have without it. The article notes that the Bank has helped the state with $2 billion in exports.
The Hilton Head (SC) Island Packet (8/27) reports that for Morrison Textile Machinery in York County, South Carolina, export sales “would not be possible” without the Ex-Im Bank, according to the company’s owner and president. The NAM supports the Bank’s renewal, and on Tuesday, representatives from Boeing, General Electric, and Honeywell expressed the same support as Morrison Textile at a meeting “to make South Carolina’s case for the bank.”