International Trade Club of Chicago member LR INTERNATIONAL INC Receives Presidential "E" Award for Export Service by S. Salvadori, ITCC president/board of directors

October 05, 2012 6:03 PM | Deleted user
CHICAGO - LR International Inc. was awarded the Presidential "E" Award for Export Service by U.S. Department of Commerce Secretary John Bryson at the White House in Washington, D.C. on May 17, 2012. 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.

"Along with providing Global Logistics, promoting Export though public and private training continues to be very important part of our day to day operation. We are honored to receive the "E" Award for Service," said Ric and Linda Frantz, C.E.O, C.F.O and founders of LR International, Inc. (LRI). "We opened the doors in 1988 with one office in Chicago, and now have grown to having Representative Offices throughout the U.S. and in 102 countries. Whether it's controlling off shore inventory, moving Railroad Locomotives to help build the infrastructure in Central Asia, or distributing food processing chemicals to help feed the World, LRI continues to offer assistance to U.S. companies to help them grow their export markets."

"I am pleased to recognize LRI for receiving the President's "E" Award for Service which honors companies that make significant contributions toward increasing U.S. exports," said U.S. Commerce Secretary John Bryson. "This Administration is committed to leveling the playing field for American businesses and workers to help U.S. companies build things here and sell them around the world. "E" Awards winners like LRI have excelled in this effort, demonstrating four years of successive export growth. It is companies like this that are helping to grow our economy and put more Americans back to work."

A business partner of the Department's U.S. Commercial Service, LRI has provided export counseling, to greatly help expand U.S. export sales.

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 which helps U.S. companies export. The primary criterion for the "E" Award is four years of successive export growth or of supporting the export growth of others. "E" Awards are awarded to applicants that can demonstrate a significant contribution to U.S. export expansion that is measurable, innovative, sustainable, and has broad impact. 

All nominations are reviewed by the "E" Award Committee, which is chaired by the Department of Commerce, and includes representatives of ExIm Bank, the Small Business Administration, and the Departments of Agriculture, Labor, State, and Transportation.

This year marks 50th anniversary of the first presentation of the President's "E" Award by President John F. Kennedy. The President's "E" Award was created by Executive Order in 1961 to encourage U.S. companies to sell their products abroad. A second award, the President's "E Star" Award, was authorized by the Secretary of Commerce in 1969 to recognize "E" Award recipients for their continuing significant contributions to U.S. export expansion. 

A total of 41 U.S. companies and organizations were presented with the "E" Award at the May 17, 2012 World Trade Week ceremonies in Washington DC. 

About LR International 
LR International, Inc. is a full service international freight forwarding company with the capability of handling just about any type of shipment. In our tenth year, LR International continues to lead the way in the International Freight Forwarding industry. 

Initially founded to serve the needs of small to medium size companies exporting to difficult areas of the world, LR has grown into a full-service operation enjoying the support of many multinational corporations doing business worldwide. As a result, their coverage has recently expanded to over 200 both domestic and international representative offices. 

LR International has become a one-stop shop for exporters of all sizes by offering services ranging from financing of export orders, through support logistical services, international banking collections, all risk insurance and general counseling and consulting on going global. 

  • Appointed freight forwarder for the state of Illinois. 
  • Contract with the state government to provide pro-bono counseling for Illinois exporters. 
  • Recognized by the federal government for efforts in promoting international trade, by appointing LR International to the Illinois District Export Council.
  • Consulting service includes training in all phases of exporting. Either through private in-house corporate training sessions, or through public seminars, trainers are the most sought after speakers in the industry.

    CEO and co-founder Ric Frantz is Vice President and former President of the International Club of Chicago.
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