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Ex-Im Helps California Construction Company Compete in Eastern Europe
Mon, 2012-04-23 12:30

Export Sales $1.4 million
Exporter: Guntert & Zimmerman Const. Div., Inc. - Ripon, CA
Destination: Czech Republic
Jobs Supported: 55+

With a loan backed by an insurance policy from the Export-Import Bank, Guntert & Zimmerman Construction Inc. made a sale in early 2010 of $1.4 million in concrete paving equipment to a Czech Republic company looking to expand its fleet of road construction machinery.

"Ex-Im Bank's and [California-based] Bank of the West's support were instrumental in our being able to secure this deal," said Ronald M. Guntert Jr., Guntert's president and CEO. "Central and Eastern Europe are very competitive markets, but the high quality of our equipment, the competitive U.S. dollar and this Ex-Im Bank-backed credit facility helped push the purchase in our favor."

The California-based small business was founded in 1942 by President and CEO Guntert's father as an engineering and construction company to fulfill World War II contracts. Today the company has 150 employees and exports to a wide range of global markets including the Netherlands, Indonesia, India, the Czech Republic and Canada.

Guntert said the Ex-Im-backed deal will be a big contribution to the year's revenues and keep the entire company busy.

"Right now our backlog is exports," he said. "If the backlog continues to grow, we will bring on more people. Currently, we're looking for another engineer and some machinists."