Evansville-based Escalade Inc. has been recognized by the U.S. Department of Commerce for its export prowess. The sporting goods manufacturer is among nearly four dozen companies to receive an “E” Award. May 19, 2015
EVANSVILLE, Ind. (May 18, 2015) – Escalade Sports, a global leader in recreational sporting goods, today announced that it has been recognized as a recipient of the President's “E” Award for Exports by the United States Department of Commerce for its achievement in making significant contributions to the increase of U.S. exports. The President's “E” Award – the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports – was presented during a ceremony at the U.S. Department of Commerce in Washington, D.C., on Monday, May 18.
United States Secretary of Commerce, Penny Pritzker, noted that Escalade Sports was selected for the “E' Award for Exports due to its sustained commitment to export expansion. Specifically, the “E” Awards Committee was impressed with Escalade Sports' utilization of multiple export markets to support growth and stability in addition to its introduction of new sports and games to foreign markets. The “E” Awards Committee also recognized that Escalade Sports' achievements have contributed to national export expansion efforts that support the U.S. economy and create American jobs.
“The President's 'E' Award winners are outstanding American businesses and organizations that have played a crucial role in strengthening and growing our economy through increased U.S. exports,” said Secretary Pritzker. “By selling Made-in-America goods and services internationally, winners are creating jobs in Indiana and their local communities. Congratulations to Escalade Sports. Exports are critical to our nation's competitiveness in the global marketplace and solidify our country's economic leadership across the globe.”
“We are honored to be named as a recipient of The Presidential “E” Award by the U.S. Department of Commerce,” said Dave Fetherman, president of Escalade Sports. “Exporting continues to play a major role within the strategic growth plan of Escalade Sports and we are committed to further developing our international business.”
In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America's exporters. Today, Secretary Pritzker honored 45 U.S. companies with the President's “E” Award for their outstanding work to reduce barriers to foreign markets and to open the door to more trade around the world.
U.S. exports of goods and services hit an all-time record of $2.34 trillion in 2014, accounting for 13.4 percent of U.S. GDP, compared to 7.5 percent 30 years ago. Nationally, jobs supported by exports reached an all-time high last year with more than 11.7 million jobs, up 1.8 million since 2009.
American companies are nominated for “E” Awards through the U.S. and Foreign Commercial Service office network, located within the Department of Commerce's International Trade Administration. Record years of successive export growth and an applicant's demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in selecting the overall winners.
Escalade Sports products are available at sporting goods dealers and independent retailers nationwide. For more information, visit www.EscaladeSports.com.
About Escalade Sports
Headquartered in Evansville, IN, Escalade Sports is a global manufacturer and distributor of sporting goods and leisure time activity games. Leaders in their respective categories, Escalade Sports' brands include STIGA and Ping-Pong Table Tennis, Accudart and Unicorn darting, Goalrilla, Goaliath and Silverback sports training equipment and residential in-ground basketball goal systems and Woodplay and Childlife premium playground play-sets. Escalade Sports products are available at sporting goods dealers and independent retailers nationwide. For more information on Escalade Sports, its brands, instruction manuals, game rules, retailers, warranty, replacement parts or customer service, please call 1-888-784-4288 or visit www.escaladesports.com.
Source: Escalade Inc.