“E” Award Media Release
FOR IMMEDIATE RELEASE
May 21, 2018
Contact: Public Relations Department, (952) 272-6999
FORTUNE PRODUCTS, INC. RECEIVES PRESIDENTIAL AWARD FOR EXPORTS
CEDAR PARK, TX — U.S. Secretary of Commerce Wilbur Ross presented FORTUNE PRODUCTS with the President’s “E” Award for Exports at a ceremony in Washington, D.C., on May 21. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
“Congratulations to each of you for your success, and we wish you the best of luck in the future. It is my honor to present you with the President’s E- and E-Star awards,” said Secretary Ross in his congratulatory letter to the company announcing its selection.
Fortune Products, Inc. focuses on one primary goal with the AccuSharp® Knife and Tool Sharpeners line of products—making the most effective knife and blade sharpeners in the world. Our every effort is aimed at creating products that provide the sharpest edge possible for your knives, tools, and equipment.
“It takes a team to make an award like this possible for us,” said Jay Cavanaugh, Fortune Products, Inc., President. “We’re making our brand known worldwide. Buyers and consumers in foreign markets want quality products made in the United States, and we are honored to receive the ‘E’ Award.”
In total, Secretary Ross honored 43 U.S. companies and organizations from across the country with the President’s “E” Award for their role in strengthening the U.S. economy by sharing American ingenuity outside of our borders.
U.S. companies are nominated for the “E” Awards through the U.S. Commercial Service, part of the Department’s International Trade Administration. With offices across the United States and in embassies and consulates around the world, The International Trade Administration lends its expertise at every stage of the exporting process by promoting and facilitating exports and investments into the United States; administering Anti-Dumping and Countervailing Duties orders; and removing, reducing, or preventing foreign trade barriers.
U.S. exports totaled $2.33 trillion in 2017, accounting for 12 percent of U.S. gross domestic product. Exports supported an estimated 10.7 million jobs nationwide in 2016, according to the most recent statistics from the International Trade Administration.
About the “E” Awards
In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. Criteria for the award is based on four years of successive export growth in one or more international markets.
For more information about the “E” Awards and the benefits of exporting, visit https://www.export.gov.