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Massachusetts Testing Company Protected with EXIM Insurance

Barbour-Stockwell Inc.
Export Destinations: 
Germany, Czech Republic, Mexico
EXIM Bank Product: 
Multi-Buyer Export Credit Insurance
Export Sales: 
About 20 percent of total sales

testing machinery

Barbour-Stockwell Inc. (BSI), located in Woburn, Mass., provides testing equipment to capital goods manufacturers so they can test machinery and equipment. This small business was founded in 1858.

BSI has been an EXIM multi-buyer export credit insurance policyholder since 2009. It uses the insurance to extend credit terms to buyers and protect against the risk of buyer nonpayment.  Top export markets during the last 3 years were Germany, Czech Republic and Mexico. EXIM has supported $2.8 millon of BSI's exports from 2016 to 2018.