INLAND EMPIRE FIRMS RECEIVE EXPORT AWARDS
ADELANTO and MURRIETTA - 05/21/04 - Two manufacturers based in Southern California's Inland Empire region have been awarded Export Achievement Certificates from the US Department of Commerce (DOC) in recognition of their "extraordinary success" in penetrating overseas markets with their products.
The first recipient was Cabo Yachts, a manufacturer of yachts that are sold worldwide from $400,000 to $1.2 million each. Export sales currently represent about 12% of the firm's total sales.
The company - which employs 300 craftsmen and is its hometown's largest employer - recently signed a distributorship agreement in South Africa and made its first sale there as a direct result of assistance provided by the DOC's Inland Empire US Export Assistance Center and the agency's Commercial Service post in Cape Town, South Africa.
Within the last several months, Cabo - headquartered in Adelanto - has also chalked-up sales in Greece, Japan, Mexico, Costa Rica, Italy, and the Dominican Republic.
The second company honored with an Export Achievement Certificate was SRS Engineering Corp., based in Murietta.
A manufacturer of industrial equipment, the company specializes in developing complete solutions for automatic wash and solvent recovery systems for paint and coatings, adhesives, ink, food, and petroleum applications.
Most recently, SRS has signed export deals in Mexico, Columbia, Saudi Arabia, Singapore, Australia, and Africa.
The awards were presented at each company's headquarters by Dan Bloom, Director of the US Commercial Service's Advocacy Center.
The US Commercial Service is a US Commerce Department agency that assists small and mid-sized businesses in selling their products and services globally.
The Inland Empire US Export Assistance Center is part of the agency's worldwide network that includes 107 Export Assistance Centers across the country and and more than 150 international offices.
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