Black & Veatch Awarded Ex-Im Bank Sub-Saharan Africa Exporter of the Year

April 10, 2012

(Ex-Im Bank) Ex-Im financing is sustaining nearly 300 Black & Veatch jobs

Washington, D.C. – Black & Veatch, a global engineering, consulting and construction company headquartered in Overland Park, Kansas, will receive the Sub-Saharan Africa Exporter of the Year award from the Export-Import Bank of the United States (Ex-Im Bank). The award will be presented at the Bank's 37th Annual Conference, “Ex-Im –Your Competitive Edge,” on April 12 in Washington, D.C.

“Black & Veatch is helping South Africa address important infrastructure needs,” said Fred P. Hochberg, the chairman and president of the Ex-Im Bank. “Ex-Im Bank authorized $1.4 billion in financing to support U.S. exports to Sub-Sahara Africa in FY’11, and we will continue to encourage American businesses to export to this important region.”

FY’2011 was the first time Ex-Im Bank financing to Sub-Saharan African exceed the $1 billion mark, and the Bank supported 8 percent of all U.S. exports to this region.

"With the support of Ex-Im Bank, Black & Veatch has created nearly 300 jobs for U.S. professionals," said Len C. Rodman, chairman, president, and CEO of Black & Veatch. "Many of our clients are in need of project financing, and partnering with the Bank is a great way to add to the value we bring to critical human infrastructure projects."

In 2011, Ex-Im approved an $805.6 million direct loan to South Africa's state-owned electric power utility, Eskom, Limited. The financing supported Eskom's purchase of engineering and construction management services from Black & Veatch which will be used to construct the Kusile power plant located in the Emalahleni area of the Mpumulanga Province. Hundreds of experienced and qualified U.S. engineers and professionals in Ann Arbor, Mich., Raleigh, N.C. and Kansas City will be employed by Black & Veatch each year during a five year period.

Welcome to the Exporting Source

Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.