News

BURGETTSTOWN, PA. — Export-Import Bank of the United States (EXIM) Chairman John Jovanovic toured 6K Additive’s Burgettstown facility as part of its Factory Floor Fridays initiative. Factory Floor Fridays tell the story of the American Dream through the eyes of the companies and workers building the next generation of American industry, proving with the right tools and support, U.S. innovation can compete and win anywhere in the world.

During the visit, Chairman Jovanovic met with company leaders and discussed EXIM’s critical role in revitalizing U.S. manufacturing, advancing American critical minerals production, and supporting well-paying Pennsylvania jobs.

A $27 million direct loan to 6K Additive was Chairman Jovanovic’s first board action, financing the construction of four new buildings and the acquisition of advanced equipment to refine titanium, nickel, and alloy powders. The project was approved under EXIM’s Make More in America Initiative (MMIA), designed to revitalize U.S. manufacturing and secure critical supply chains and was the first deal in history conducted in coordination with the U.S. Department of War’s Defense Production Act (DPA) Title III program.

“At 6K Additive, we saw firsthand how innovation, investment, and skilled labor are rebuilding America's industrial base and creating the foundation for long-term economic strength,” said Chairman Jovanovic. “By producing critical materials domestically, strengthening our supply chains, and supporting well-paying jobs, companies like 6K Additive are helping ensure the United States remains the world's manufacturing powerhouse.”

"This financing by EXIM reflects the growing importance of rebuilding domestic production of the critical materials that support America's defense industrial base," said Frank Roberts, CEO of 6K Additive. "Chairman John Jovanovic's visit to our facility underscored the strategic role companies like 6K Additive play in strengthening U.S. manufacturing. This financing enables us to accelerate production while strengthening resilient, domestic supply chains for the DFARS-compliant critical materials that power America's aerospace, defense, and advanced manufacturing industries.”

“American manufacturers are the backbone of our economic security,” Jovanovic added. “Factory Floor Fridays give everyday Americans the opportunity to hear from businesses large and small, which account for nearly 90 percent of our transactions, and ensure they have the financing tools they need to compete, grow, and win in global markets.”

When EXIM was founded 92 years ago, its mission was simple: support America’s economic recovery from the Great Depression by creating well-paying jobs and rebuilding the nation’s manufacturing base. Under President Trump's leadership, EXIM is once again a frontline economic tool to revitalize America's economy and define a future led by U.S. innovation.

ABOUT EXIM:

As the United States government’s official export credit agency, the Export-Import Bank of the United States (EXIM) supports American jobs by facilitating U.S. exports. As an independent agency, EXIM plays a critical role in supporting economic growth, securing critical supply chains, and ensuring American businesses are given a fighting chance. To achieve this mission, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. Learn more at www.exim.gov.

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