At the Oklahoma World Trade Conference last week, Lt. Gov. Matt Pinnell presented seven local companies with awards for their exporting activity. The awards are designed to showcase the role exporting plays in the national economy, to highlight the contributions made by Oklahoma exporters to their local communities and to recognize new and existing exporters, officials said.
Electro Enterprise Inc received the Oklahoma Governor’s Award for Excellence in Exporting. The Oklahoma District Export Council’s Export Champion Award was presented to Kimray Inc., Filtra-Systems Co. LLC, CCK Strategies, Trécé Inc., PACCAR Winch Inc., and Cornsilk Co.
“Our state’s central location and important role in agriculture, energy, aerospace and manufacturing make Oklahoma an ideal partner for foreign trade and investment,” Pinnell said. “I am excited about this week’s announcement that Oklahoma surpassed $6 billion in exports in 2018. Exports have a significant impact on the Oklahoma economy and present a major opportunity for continued growth.”
Two of the companies honored this year were previous recipients of the 2016 State Trade and Export Promotion (STEP) grant administered by the Oklahoma Department of Commerce. STEP is an export promotion initiative funded by the US Department of Commerce which makes matching-fund grants to assist small businesses in Oklahoma.
Electro Enterprises utilized funds from the grant to exhibit with Commerce at the Avalon Australian Air Show in 2017. Filtra-Systems utilized funds to exhibit at the Mexico Petroleum Congress in 2017.
“Through participation in international industry trade shows, we can help Oklahoma companies find new trade opportunities with global companies, boosting exports and helping Oklahoma companies diversify their portfolios of customers to buffer from changes in the domestic economy and seasonal fluctuations,” said Jennifer Springer, International Trade & Foreign Investment Director, Commerce. “When we facilitated the 2016 STEP grant, we were able to increase the number of small businesses that are exporting, and increase the value of exports for those small businesses that are currently exporting.”