WASHINGTON, D.C. — The U.S. Department of Commerce announced that Ace Pump Corp. of Memphis, Tenn., is one of 26 American companies to receive The President’s “E” Award for Excellence in Exporting. The “E” Awards are presented annually to organizations that have made significant contributions to increasing America’s exports. Ace manufacturers pumps that are widely used in agricultural applications.
In presenting the “E” Award to Ace Pump, U.S. Secretary of Commerce Penny Pritzker noted, “Ace Pump has demonstrated a sustained commitment to export expansion. The “E” Awards Committee was very impressed with Ace Pump’s modification of products for export markets. The company’s investment in multi-language marketing materials and website design was also particularly notable.”
Upon receiving the award, Ace Pump chief executive officer Roy Bell III stated, “In accepting this award, I would like to thank and give credit to all of our employees and especially Andy Randle, our president, and Paul Gannom, our export manager. We also appreciate the hard work of our international distributors, the U.S. Department of Commerce and the EX-IM Bank for their combined efforts in making our products available to the world market. Our growth in international sales has been attributable to our highly engineered, world-class products and the development of personal relationships that have brought the unique culture of Ace Pump Corporation to customers throughout the world.”
According to Bell, the company’s chief exports are centrifugal pumps for the application of herbicides, pesticides and liquid fertilizers in agriculture. Exports account for approximately 15 percent of Ace Pump’s annual revenues. Ace Pump sells to more than 15 markets worldwide with Canada, South America and Europe being the company’s main export destinations.