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South Dakota Exporter Sells Fire Trucks to Istanbul with EXIM Bank Support

Exporter/Customer: 
Rosenbauer America, LLC
Export Destinations: 
Istanbul
EXIM Bank Product: 
Working Capital Guarantee
Export Sales ($): 
$50 million

Rosenbauer Plant

This family-owned business was founded in 1866 and now has 270 employees. With more than 140 years of manufacturing experience, Rosenbauer is a global leader in firefighting technology and resources, including pumpers, tankers, rescue vehicles, aerials, and specialty vehicles.

The company has been an active customer of the Bank since 2005 using short, medium- and long-term products. One significant transaction was enabling the Municipality of Istanbul to purchase $50 million of fire truck. EXIM Bank's long-term guarantee gave the lender confidence to loan such a large amount with long payment terms.

The Bank supported $18 million of Rosenbauer America's exports since 2008 using short and medium-term products.

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