News

CANONSBURG, PA. — Export-Import Bank of the United States (EXIM) Chairman John Jovanovic visited Aquatech’s Canonsburg 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 that with the right tools and support, U.S. innovation can compete and win anywhere in the world.

During the visit, Chairman Jovanovic toured Aquatech’s facility alongside company leaders and discussed EXIM’s role in financing the company’s production of water treatment technology and critical minerals. Since 1997, Aquatech has used EXIM financing to expand their production capacity and embodied EXIM's "Buy American, Build the Future" vision by combining American innovation, manufacturing expertise, and export capability. 

“At EXIM, we want American companies that have the opportunity to win around the world to have the firepower to deliver,” said Chairman Jovanovic. “Aquatech is an incredible example of American innovation in action and the ability of U.S. exports to reach every corner of the globe. Under President Trump, we will continue to support well-paying American jobs, boost our manufacturing capacity, and strengthen our supply chain security.” 

“As Aquatech celebrates 45 years as a Global Water and Process Technology Leader Headquartered in Canonsburg, Pennsylvania, we’re proud that EXIM has been an important part of our journey for nearly 35 years,” said Venkee Sharma, Executive Chairman of Aquatech. "EXIM’s support made all the difference as a growing company, helping us bring American cutting-edge technology to markets around the world while strengthening the domestic critical minerals supply chain.”

“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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