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New Hampshire Company Grows International Sales 75% with Ex-Im Bank
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Mon, 2012-04-23 14:30

Exporter: Boyle Energy Service & Technology, Inc. – Concord, New Hampshire
Destination: Worldwide
Exporter Credit Insurance of $1 million
Jobs Created: 10

Boyle Energy Service and Technology (BES&T) is the longest active independent commissioning services provider in the United States. Their service optimizes energy performance in new power and energy infrastructure construction projects. The company's patent-pending services have reduced greenhouse emissions and eliminated millions of gallons of hazardous waste at many facilities around the world.

With Ex-Im Bank's support, BES&T has grown its international sales 75% over the last three years. Before using Ex-Im Bank's export credit insurance, the company shipped just to Mexico and Canada. Boyle now has customers in Bahrian, Egypt, Kuwait, Lithuania, Algeria, Spain, Greece, England, Uzbeckistan, Nigeria, India, Australia, Saudi Arabia, Guatemala, and Colombia. Exports now comprise 60% of the company's $15 million in sales. Ten of its 60 employees support their increase in international sales.

"BES&T is looking forward to growing the Bank relationship as sales grow. Now we can compete anywhere on any terms with anyone - thanks EXIM!" said Peter Boyle, Chief Executive Officer.