Local businesses rewarded for their exports | Money
Three companies in the region were among the 27 honored by state officials for expanding their business by exporting a good or service to a new country last year.
The virtual ceremony, held on June 30, cited the work of The Iron Beaver of Montgomery, Elgin Power Solution of Beaver and Elgin Separation Solutions of Princeton.
Awards were given to companies in 13 West Virginia counties for exporting goods and services to 50 different countries.
“2020 has been a difficult year for all of West Virginia, but these businesses have continued to operate despite the pandemic,” Governor Jim Justice said. “Exporting to a new country is an incredible accomplishment and we are all proud of their success. Congratulations to all of the winners and thank you to everyone who made this happen in West Virginia. “
The state’s exports were valued at $ 4.5 billion in 2020.
l The Iron Beaver specializes in interior design, art and metal signs. It exports its goods to Australia and Peru.
l Elgin Power Solutions designs and manufactures electrical products for surface and underground mining, including mine lighting, camera systems, electrical power distribution equipment, and controls for equipment. mobile and fixed. It exports its products to Canada, Chile, Mexico and Israel.
l Elgin Separation Solutions manufactures vibrating screens and provides manufacturing services for the mining and aggregate industries. It ships its products and services to New Zealand, South Africa, the UK and Canada.
“West Virginia has a very diverse economy with several thriving industries and an array of businesses that have taken the next steps to export outside of the United States,” said Mitch Carmichael, secretary of the Virginia Department of Economic Development. Western. “Whenever a West Virginia business expands into a new market, it has to be celebrated. It is an incredible achievement that contributes so much to the economy of the state.