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Ex-Im Director Patricia Loui To Promote Export financing to Small Businesses in Las Vegas

FOR IMMEDIATE RELEASE August 2, 2012

Media Contact Name/Phone: 

J. Lawton King (202-565-3200)

Washington, D.C. - Director Patricia M. Loui, a member of the Export-Import Bank of the United States (Ex-Im Bank) board, will visit Las Vegas August 3-4 to promote small-business exports.

“Small business is the engine of job generation, and increasing small-business exports is a major goal of President Obama's National Export Initiative,” said Loui. “I encourage small businesses in Las Vegas to seek out opportunities in foreign markets, and I would like them to know that Ex-Im Bank can help their financing needs.”

From FY 2007 through July 26, 2012, Ex-Im Bank has authorized approximately $66 million to Nevada businesses to support approximately $104 million in export sales.

Loui will visit Axis International Inc., a Las Vegas small-business exporter backed by Ex-Im Bank insurance that manufactures plasma-cutting systems, for a facility tour Friday.

What: Facility Tour of Axis International Inc.

Where: Axis International, Inc.
2901 S. Highland Drive
Building 4, Suite C
Las Vegas, NV

When: August 3, 1 p.m.

Note: Director Loui will be available for interviews after the tour.

On Saturday, August 4, she will participate in a panel titled “Expanding Your Business and Creating Lasting Wealth” at the OCA Asian American Pacific Islander conference.

What: OCA Asian American Pacific Islander Conference

Where: Planet Hollywood Resort and Casino
3667 Las Vegas Boulevard South
Las Vegas, NV

When: August 4, 2 p.m.

Note: Director Loui will be available for interviews after the panel discussion.

A Honolulu native whose father was second-generation Chinese and mother second-generation Japanese, Loui has forged a long career promoting business ties with Asian nations. In June she received the U.S. Pan Asian American Chamber of Commerce Education Foundation's Corporate Director's Award at the CelebrAsian Business Opportunity Conference in Bethesda, Md.

Loui joined Ex-Im Bank's board of directors in November, 2011 after a unanimous Senate confirmation, and her programs at the Bank include advocacy for exports to Asia. She previously served as chair of OmniTrak Group Inc., a market research and planning firm she founded to assist business expansion in both the United States and Asia.

About Ex-Im Bank:

Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years, Ex-Im Bank has earned for U.S. taxpayers $1.9 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance, and financing to help foreign buyers purchase U.S. goods and services. Ex-Im Bank approved $32.7 billion in total authorizations in FY 2011 -- an all-time Ex-Im record. This total includes more than $6 billion directly supporting small-business export sales -- also an Ex-Im record. Ex-Im Bank's total authorizations are supporting an estimated $41 billion in U.S. export sales and approximately 290,000 American jobs in communities across the country. For more information, visit www.exim.gov.