Graduations are always special, but when your organization earns an accolade alongside some of the state’s finest companies, it’s an exceptional honor. Line Power, a division of Electro-Mechanical Corporation (EMC), is grateful to be one of only 10 Virginia companies to graduate from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program in August of this year.
The VALET Program is an award-winning, two-year international business acceleration program that offers a powerful combination of capital resources provided by the Commonwealth of Virginia, as well as professional services from expert, private-sector partners. Program benefits include executive training, international sales plan development, educational events and customized research.
In order to qualify for this program, candidates are required to have firmly established domestic operations and to be committed to international exporting as a growth strategy. As many power distribution professionals around the world already know, EMC offers an impressive portfolio of world-class products offered both domestically and internationally.
According to the Office of the Governor, products and services created and provided by Virginia businesses such as EMC are critical to the state’s growth, supporting more than 257,000 jobs and generating $2 billion in annual tax revenue.
“Lending its proven, extensive set of resources to Virginia exporters, the VALET Program positions companies to thrive in the global marketplace,” said Gov. Ralph Northam in a statement issued by the Office of the Governor. “This program continues to be an important catalyst for driving export sales and private-sector investment — and the Commonwealth’s economy is stronger as a result. We congratulate these 10 Virginia companies on the success they have achieved in the last two years, and their commitment to international growth during these unprecedented and challenging times.”
As EMC enters its 62nd year as a Virginia-based business, the company has grown into one of the nation’s largest privately held, family-owned manufacturers of equipment used in the generation, transmission and distribution of electricity, with international exports being a valued revenue driver.
“This is undoubtedly a great achievement for our company,” said Russell Leonard, president and CEO of EMC. “We have benefited greatly from the VALET Program’s additional executive training, international sales plan development, educational events and customized research, all of which has helped us generate increased international recognition and requests for quotes. Honors such as these give us the opportunity to share with the world what our coworkers and customers already know — that our products and services are world class.”
Electro-Mechanical Corporation (EMC) is a global leader in developing and manufacturing technologies used for electrical power distribution and control. The company’s three divisions — Federal Pacific, Line Power and Electric Motor Repair – are committed to providing our customers, coworkers and community with relentless innovation, unmatched quality and unparalleled customer service. By acting with honesty, integrity and a sense of urgency, we pledge to remain independent, sustain profitable growth and deliver excellence in all we do. One of the U.S.’s largest privately held, family-owned manufacturers of electrical apparatus, EMC encompasses nearly one million square feet of modern manufacturing facilities located in Virginia, Tennessee and Mexico. For more information, visit www.electro-mechanical.com.