Related News

  • US Ex-Im Bank has approved medium-term financing to support the sales of a variety of US manufacturing and agricultural equipment to private sector buyers in Mexico. Recent authorisations are:



    • A US$746,704 comprehensive medium-term insurance policy for PNC Bank of Pittsburgh to support the sale of a multi-spindle, automatic bar lathe by International Resources Group of St Louis to Precision SA de CV of Lomas Altas, Mexico. The US exporter is S&M Machine of Oconto Falls, Wisconsin. Both the US exporter and supplier are small businesses. The broker is EIA Global of Walpole, Massachussetts.

    • A US$1.8mn comprehensive medium-term insurance policy for Toronto-Dominion Bank of Baltimore to support the sale of corn chip manufacturing equipment by San Antonio Trade Group of San Antonio, Texas, to Fritos Encanto de Monterrey SA de CV of Monterrey, Mexico. The US supplier is JC Ford Company of La Habra, California. Both the US exporter and supplier are small businesses. The broker is IRC of Columbus, Ohio.

    • A US$2.5mn comprehensive medium-term insurance policy for PNC Bank to support the sale by Case Construction Equipment Inc of Racine, Wisconsin, of industrial equipment for commercial rental use to Megarent Equipment SA de CV of Merida, Mexico. The broker is EIA Global.

    • A US$1.1mn comprehensive medium-term insurance policy for SunTrust Bank of Miami to support the sale of pig feeding, breeding and watering equipment and related items by Poultry and Industrial Suppliers Inc of Miami to Agropecuaria Barobampo SA de CV of Los Mochis, Mexico. US suppliers are Chore-Time/Brock of Milford, Indiana.; Hog Slat Inc of Newton Grove, North Carolina; and Betco Inc of Statesville, North Carolina. The broker is International Risk Consultants of Columbus, Ohio.