EXIM Chairman Kimberly Reed Presents Exporter of the Year Award to Wilmington Paper in Pine Brook, New Jersey
October 2, 2020
(Ex-Im Bank)
Presents Award to Third-Generation,
Family-Owned Business, Specializing in Creating
Recycling Management Programs
WASHINGTON – Export-Import Bank of the United
States (EXIM) President and Chairman Kimberly
A. Reed today presented an Exporter of the Year
award to Wilmington Paper
Corporation (link is external), a small
business in Pine Brook, New Jersey, that
exports scrap paper for recycling. The company,
which has used EXIM’s export credit insurance
to support its international sales since 2009,
was honored during EXIM’s 2020 Annual
Conference, the largest conference in the
agency’s history.
Established in 1977, Wilmington Paper is a
third-generation family-owned business that
specializes in creating recycling management
programs in folding carton and converting
plants around the globe. The company has
introduced innovative recycling programs
utilized by more than 250 facilities worldwide.
In addition to exporting scrap paper,
Wilmington Paper provides a variety of
services, including consultations that help
customers establish recycling systems that
capture fibers, plastics, and metals for
resale, allowing them to generate revenue from
their recyclables.
“I am honored to be able to present this
award on behalf of EXIM to Wilmington Paper
Corporation for its outstanding contributions
to fulfilling our agency’s mission of
supporting American jobs by facilitating U.S.
exports,” said Chairman Reed. “This small
business represents the backbone of the
American economy, and EXIM is proud to be a
part of their success.”
Since 2014, EXIM has supported exports valued
at $3 billion from 142 companies — including
105 small businesses like Wilmington Paper
Corporation — across New Jersey.
U.S. companies, particularly small businesses,
can utilize EXIM’s financing tools and
resources to increase their international
sales, showcase their “Made in the USA”
products, and sustain American jobs. By
partnering with EXIM, exporters can mitigate
the risk of nonpayment on international sales,
offer credit terms to foreign buyers, and
access working capital loan guarantees. In
addition, EXIM has implemented several COVID-19
(coronavirus) relief measures for U.S.
exporters and financial institutions to enhance
the agency’s existing programs.
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