In a ceremony held yesterday at the U.S. Department of Commerce, Master Electronics received the President’s “E” Award for Exports in recognition of the company’s achievement in making significant contributions to an increase in U.S. exports.
In a statement, Wilbur Ross, United States Secretary of Commerce, announced, “Master Electronics has demonstrated a sustained commitment to export expansion. The “E” Awards Committee was very impressed with Master Electronics’ presence in 135 markets with strong year-over-year growth in export sales. The company’s innovative approach to eliminate the impact of increased foreign tariffs on its customers was also particularly notable. Master Electronics’ achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs.”
Riad Nizam, President of Master Electronics and Chuck Martin, Master’s Director of Business Development, received the award in Washington, D.C. Riad commented, “At Master Electronics we pride ourselves on working with speed, flexibility and entrepreneurial spirit. Solving customer’s problems is always top-of-mind, especially when it comes to commerce, a vital branch of our distribution. Logistics and export processes, which can be costly or sluggish if not addressed with exuberance, are key. We are proud and humbled to receive this President’s “E” Award on behalf of all of Team Masters.”