Wednesday, May 25, 2011

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Wednesday May 25, 2011

Northeast Ohio’s a big winner in Presidential ‘E’ Awards

11:02 am, May 19, 2011
Northeast Ohio emerged as a star in the Presidential “E” Awards given to companies and organizations that display sustained export success.
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The U.S. Department of Commerce this week presented the awards to 27 winners from 16 states. Three of the winners are from Northeast Ohio.
Local winners of the Presidential “E” Award, created by President John F. Kennedy in 1961 to recognize people, firms or organizations that contribute greatly to increasing United States exports, are Codonics Inc. of Middleburg Heights and Volk Optical Inc. of Mentor.
Codonics specializes in advanced medical imaging products. Its products are available in about 110 countries. Volk makes medical devices to diagnose and treat eye conditions.
Peter O. Botten, Codonics president and CEO, said in the past year the company’s export sales grew to account for 70% of its total sales.
Pete Mastores, Volk’s president, said even during the recession, “our international focus enabled us to increase sales and profits while creating jobs here in the U.S.”
Northeast Ohio also has a winner of the Presidential “E Star” Award, which recognizes superior performance in increasing or promoting exports. That honor went to the Nance College of Business Administration at Cleveland State University.
The school provides international business-focused academic programs, applied research and training programs such as GlobalTarget.
Robert Scherer, dean of the Nance College of Business, said since 2007, the school’s Global Business Center has served more than 2,000 participants in its programs.
All nominations are reviewed by the “E” Award Committee, which is chaired by the Department of Commerce, and includes representatives from the Ex-Im Bank and the departments of Labor, State and Transportation.

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