U.S. Senator Debbie Stabenow, a member of the President's Export Council under both Presidents Bush and Obama, today issued the following statement regarding the announcement of a new Export-Import Bank of the United States regional office, which is expected to open in Detroit later this year:
"More Michigan exports mean more Michigan jobs. Helping Michigan small businesses reach new markets is absolutely one of the best ways to strengthen our economy. There is still a lot of work to be done, but with our auto industry coming back, Detroit welcoming the country's first-ever satellite patent office and now this new export center, good news is happening in Michigan."
The Export-Import Bank of the United States is an independent federal agency that helps small businesses gain better access to the private export financing they need to sell their products. The bank operates at no cost to American taxpayers. With the opening of the new regional office in Detroit, jobs will be created both within the office and within the community. For more information, visit www.exim.gov.