LORD Corp. Awarded U.S. Commercial Service's Export Achievement Certificate
( 09/01/2013 )
By: Amy Thomson, 803-920-9049 (Raleigh, NC)
On September 17, 2013, the U.S. Commercial Service (USCS) presented an export achievement certificate to LORD Corp. in recognition of the company's recent export successes in several countries. The award was presented at the DISCOVER 2013 exporting conference by Antwaun Griffin, Deputy Assistant Secretary for Domestic Operations with the U.S. Department of Commerce and Rep. David Price (D-NC, 4th).
LORD Corp. is a diversified technology company with a long history of developing breakthrough adhesive, coating and motion management technologies. The company provides innovative solutions to the aerospace, defense, automotive and industrial, and oil and gas sectors. Headquartered in Cary, NC, LORD Corp. has more than 2,900 employees worldwide and operations in Pennsylvania, Indiana, Kentucky, Ohio and Vermont that manufacture the company's products for export.
LORD Corp. has a presence in 25 countries, and has more than doubled its export sales over the past 10 years. As LORD has increased its foreign sales, it has added jobs and increased spending on R&D in the U.S. In fact, the company expects to add more than 100 new, full-time jobs over a five-year period in the U.S., stemming from its growth here and abroad. A client of the U.S. Commercial Service for several years, LORD has reported an increase in sales to Latin America, Europe and Asia.
"We've found that the U.S. Commercial Service can connect us anywhere in the world where we want to grow our business," said Will Austin, Director of Government Affairs and Communications at LORD. "Utilizing this team enables us to cut through bureaucracy and focus quickly on the right questions and decisions for new markets."
Said Congressman Price: "International trade is critical to our economic success. Through innovative products, and in cooperation with the U.S. Commercial Service, LORD Corp. has been able to identify new markets and expand exports. The company offers yet another example that the Triangle region of North Carolina can compete with any area in the global economy and win."
DISCOVER 2013 is a premier exporting conference for U.S. companies to explore new international sales opportunities, innovative tools to be competitive, and the next wave of rapidly growing international markets. This sold-out event will welcome some 400 attendees to Raleigh, and feature U.S. commercial diplomats visiting from U.S. embassies and consulates in 20 countries around the globe.
About the U.S. Commercial Service:
The U.S. Commercial Service is an agency of the International Trade Administration, U.S. Department of Commerce that facilitates the sale of U.S. products and services around the globe. The U.S. Commercial Service maintains a worldwide network of offices, including 150 offices in U.S. embassies and consulates around the world and108officesdomestically,includingofficesinRaleigh,CharlotteandGreensboro,NC. Formoreinformationon the U.S. Commercial Service, please visit www.export.gov or call 919.281.2752.