On the recordJune 3, 2015
Michael Boyle is the CEO of Boyle Energy Services and Technology. They have a facility in Concord, NH, which I have had the good fortune to visit. They do great work. This testimony is what Michael gave before the House Committee on Financial Services this morning at a hearing that examined the Export-Import Bank's reauthorization request and the government's role in export financing. As I said, Boyle Energy does impressive work. They optimize energy performance in power and energy infrastructure construction projects. Their services have reduced greenhouse gas emissions and eliminated millions of gallons of hazardous waste at facilities around the world. It is a great American small business story. Boyle Energy got connected with the Export-Import Bank a number of years ago at a forum in New Hampshire where the Ex-Im Bank announced its Global Access for Small Business Program to help small businesses export. Right now, about 40 percent of large businesses export, but only 1 percent of small and medium-sized businesses export in the United States. Yet 95 percent of markets are outside of America. We need to help businesses such as Boyle Energy get into those international markets. That is exactly what the Ex-Im Bank has done. With the Export- Import Bank's support, Boyle Energy has grown its international sales 75 percent over the last 3 years. Before using the Export-Import Bank's credit insurance, the company shipped just to Mexico and Canada.…
Source
govinfo.gov




