|

|

|

|

|

|

American Engineering Services (AES), a manufacturer and distributor of water purification equipment, chemicals and services, benefited from both Ex-Im Bank's small business insurance and its loan guarantees for sales to Latin American and Asian markets. An Ex-Im Bank loan guarantee enabled AES to win a $4 million turnkey contract to provide engineering design, procurement, shipment, installation, commission/start-up and training for a desalination project for the island of Grenada. The system desalinates water to produce drinking water for the island. The project qualified for support under Ex-Im Bank's Environmental Exports Program, which offers enhanced financing terms for environmentally beneficial exports. "Ex-Im Bank engineers were involved throughout the design of the plant to make sure the equipment is environmentally friendly," said AES President Ali Kalantar. "Fully 100% of the equipment used in manufacturing the system was of U.S. origin. AES uses approximately 50-75 U.S. suppliers from around the country on each project."

|

|

|