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US Bank Guarantees $66 Million for Power Equipment Exports to Turkey

Image The US Export-Import Bank (Ex-Im Bank) has guaranteed $66.3 million to facilitate the export of American power plant to Bis Enerji Elektrik Uretim AS (Bis) of Turkey. Ex-Im Bank's financing will support more than 160 American jobs in Houston, Texas; Wellsville, N.Y.; Orlando, Fla.; and Lewiston, Maine. "Ex-Im Bank's loan guarantee affords the U.S. companies involved an opportunity to export their American-made products to a Turkish market hungry for electricity," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Equally important is the loan guarantee's impact on American jobs, which will benefit from the increased business."

 
  • Published in Turkey
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