State firms praise U.S.-insured sales

Bank an exports safety net, they say

Posted: June 7, 2015 at 4:11 a.m.
Updated: June 7, 2015 at 4:11 a.m.

Rachael Cox, with Conway Machine Inc. in Conway, testifies Wednesday before the House Financial Services Committee. Seated with her are (from left) Daniel Ikenson of the Cato Institute, Michael Boyle of Boyle Energy Services and Technology, and Clifford Smith of Cliffs Natural Resources.

When the Keith Smith Co. in Hot Springs began shipping hatchery eggs overseas in 2011, it asked the federal government to insure the foreign sales.

Listing of loans, insurance or credit from Export-Import Bank used by Arkansas companies.

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