Venture Products was recognized for its effort in exporting products out of the United States.
U.S. Acting Secretary of Commerce Rebecca Blank presented Venture Products with the President’s “E” Awards for Exports, which is the highest recognition for any U.S. entity to receive in the expansion of U.S. exports.
According to Dallas Steiner, president of Venture Products, the company exports to more than 20 countries with the strongest being Sweden, Japan, South Korea and Australia.
Venture Products is a manufacturer of Ventrac compact tractors and commercial grade attachments.
Last year marked an all-time record high of U.S. exports by reaching more than $2.2 trillion and supported approximately 10 million American jobs.
The “E” Award Program was established by Executive Order 10978 on De. 5, 1961. A total of 57 U.S. companies were presented with the President’s “E” Award this year.
U.S. companies are nominated for the “E” Award for Exports through the Department of Commerce’s U.S. and Foreign Commercial Service office network, located within the Department’s International Trade Administration.
Four years of successive export growth and an applicant’s demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in making the award.