U.S. Secretary of Commerce Penny Pritzker recently presented Acme Manufacturing Company with the President's "E Star" Award for Exports at a ceremony in Washington, D.C. The President's "E Star" Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
"Acme has demonstrated a sustained commitment to export expansion. The `E Star' Awards Committee was very impressed with Acme's more than 450% increase in export sales from 2012-2015. The company's collaboration with other U.S. manufacturers to enter international markets was also particularly notable. Acme's achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs," said Secretary Pritzker in her congratulatory letter to Acme announcing its selection as an award recipient.
Acme Manufacturing Company, based in Auburn Hills, MI, is a designer and manufacturer of integrated robotic automation for polishing, buffing, deburring and grinding systems. Acme is a fourth generation family-owned business started in 1910.
"Exporting continues to be the foundation of our sales growth, and we are honored to receive the `E Star" Award,' said Fritz Carlson, President of Acme. "When we first began exporting in 1950, export sales accounted for five percent of our total sales. During the past five years, export sales have grown to nearly 70 percent of our total sales, enabling us to sustain jobs and substantially expand our work force."
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. At the recent ceremony, Secretary Pritzker honored 123 U.S. companies with the President's "E" Award for their outstanding work to reduce barriers to foreign markets and open the door to more trade around the world.
"In 2015, U.S. exports totaled $2.23 trillion, accounting for nearly 13 percent of U.S. GDP. Nationally, exports contributed to the U.S. economy, supporting an estimated 11.5 million jobs," said a spokesperson.
U.S. companies are nominated for the "E" Awards through the Department of Commerce's U.S. Commercial Service office network, located within the Department's International Trade Administration, with offices in 108 U.S. cities and more than 70 countries. Record years of successive export growth and an applicant's demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in selecting the winners.
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For more information about the "E" Awards and the benefits of exporting, visit www.export.gov.
Joe Saad
Acme Manufacturing Company
4240 North Atlantic Boulevard
Auburn Hills, MI 48326
248-393-7300
saadj@acmemfg.com
www.acmemfg.com