Exports are a Critical Engine of Growth for the U.S. Economy
Washington, DC (May 23, 2008) â This week Commerce Secretary Carlos M. Gutierrez joined President Bush at the White House to present NOW International of Bloomingdale, IL with the Presidential âEâ Award for excellence in exporting.
âNOW International is helping to keep America competitive in the global marketplace. I commend them for contributing to last yearâs record in goods and services. Thanks to NOW International and the thousands of others that compete in the global market, U.S. exports last year rose 12.6 percent over the previous year to more than $1.6 trillion making an important contribution to U.S. economic growth,â said Gutierrez at the May 20th ceremony.
The âEâ Award is the highest honor the federal government can give to American people, firms or organizations that have made significant contributions to the increase of American exports. The Presidential E-Award was created by President John F. Kennedy, by executive order in 1961.
âThe rapid growth of our international division has been significantly assisted by the Department of Commerceâs programs to increase US exportsâ, said NOW Health Group President Al Powers. âOur entire team at NOW including our production and operations employees, quality control and science experts, customer service and support staff, and especially our international sales division are very proud to receive this prestigious award. Their efforts are helping to achieve NOWâs vision of becoming the leading global brand of natural foods and nutritional supplements. We are very pleased to be able to demonstrate the capability to accelerate our growth, expand our manufacturing capabilities, create new jobs, and export NOW products around the world.â
NOW International, the export arm of NOW Foods, currently sells its nutritional products to over 65 countries on six continents. NOW Health Group, Inc. is a leader in the U.S. natural products industry, and it is NOW Internationalâs goal to take this leadership position to a global level. NOW Internationalâs multi-lingual team of professionals assists their distributors in tailoring the NOWÂ® brand message to local markets. The company offers its products in over 15 languages, and has translated its product literature, such as its Quality Catalog, to provide a local voice to a global brand name. NOW believes that this high level of commitment to global brand-building is an important factor in growing its sales an average of 23.5%% over the past 4 years.
With offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerceâs International Trade Administration uses its global network and international resources to connect U.S. companies with international buyers worldwide. For more information on the U.S. Commercial Service, please visit www.export.gov.
Department of Commerce Now Health Group
Richard Mills or Ann Marie Hauser Suzanne Shelton