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Mills Machine Co. of Shawnee shows how export markets help Oklahoma manufacturers

An excellent article by The Journal Record’s Brian Brus on OKGIT member and past chair, Chuck Mills’ family owned firm, Mills Machine Co.

The Oklahoma manufacturer, based out of Shawnee, Oklahoma, specializes in earth drilling tools, bits and related accessories for the water well, environmental, construction, geothermal and blast hole mining industries. Mills has focused on developing international customers for his company, something that was necessary for the Oklahoma manufacturer with more than 100 years of business experience.

“Even though the U.S. is the largest consumer in the world, 80 percent of the buying power lives outside our borders,” he said. “We make quality products. We have good workmanship. People love to do business with us. … We can compete globally with anybody.”

Read the full article online here.

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Oklahoma firms, boost your customer base with international sales

Though the state’s economy has slowed as of late, Oklahoma producers still have customers waiting to purchase Sooner State-made products. Through support services from the EXIM Bank of the Untied States, Oklahoma firms can meet new buyers for their products while safeguarding their investments against the risks of doing business abroad.

Through the EXIM Bank’s export credit insurance program, Oklahoma companies seeking to expand internationally can:

  • Grow their business in new, untapped markets
  • Offer competitive credit terms to foreign customers
  • Unlock more attractive bank financing
  • Transfer the burden of credit management
  • Realize tax benefits

To learn more about EXIM Bank’s services for Oklahoma companies, please click here.

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