Presidential Award

Brandt Holdings Receives Presidential “E” Award for Exports       May 16, 2011

Brandt Holdings today was awarded the Presidential “E” Award for Exports by U.S. Department of Commerce Secretary Gary Locke at the Department’s headquarters in Washington, D.C.  The “E” Awards are the highest recognition any U.S. entity may receive for making a significant contribution to the expansion of U.S. exports.

“We are very honored to receive the Presidential E Award,” said Stacy Anthony, International Sales Manager for Brandt Holdings. “We recognize the importance of adopting a global mindset about agriculture.  Over the past 4 years our company has expanded our export sales into 11 foreign countries while doubling our export revenue from last year.  Exporting will continue to be a part of our business model this year and the years to come.”

Brandt Holdings, based in Fargo, North Dakota, owns and operates 23 John Deere dealerships in a 5-state area, including North Dakota, South Dakota, Minnesota, Nebraska and California. Brandt Holdings exports pre-owned agricultural equipment.

“Exports are a key driver of America’s economic recovery,” said Secretary of Commerce Gary Locke. “President Obama’s National Export Initiative (NEI) aims to double U.S. exports by 2015 in support of several million American jobs. Brandt Holdings is being honored today for making significant contributions toward fulfilling that agenda. I congratulate you on your significant export achievement. It is businesses like yours that will help us meet or exceed the President’s NEI goals. Your firm provides an example we hope more American companies will follow,” Locke added.

A business client of the Department’s U.S. Commercial Service, Brandt Holdings has mobilized multiple U.S. Commercial Service programs during its expansion, including export counseling, trade missions, the Big Iron Farm Machinery Show International Visitors Program, market research and business matchmaking. Its international sales span multiple continents and dozens of buyers.

U.S. companies are nominated for the “E” Awards through the U.S. Commercial Service office network in 108 U.S. cities and more than 75 countries. Criteria for the award is based on four years of successive export growth, usually accompanied by a rising percentage of export sales within total sales. An applicant’s demonstration of an innovative international marketing plan that led to the increase in exports is a significant factor in making the award.

All nominations are reviewed by the “E” Award Committee, which is chaired by the Department of Commerce, and includes representatives from ExIm Bank, and the Departments of Labor, State, and Transportation.

President Kennedy revived the World War II “E” symbol of excellence to honor and provide recognition to America’s exporters. Thus, the “E” Award Program was established by Executive Order 10978 on December 5, 1961.

A total of 27 U.S. companies were presented with the “E” Award at the May 16, 2011 World Trade Week ceremonies in Washington DC.