ESC Completes International Exporting Program

RICHMOND, Va. (CBS19 NEWS) — An Albemarle County company is one of 13 being recognized for completing a program that aims to increase international sales of products and services for Virginia companies.

Governor Ralph Northam announced on Thursday the companies that completed the Virginia Leaders in Export Trade, or VALET, Program.

The program is run by the Virginia Economic Development Partnership, which assists firmly established domestic companies across the Commonwealth that are committed to international exporting as a growth strategy.

According to a release, the companies graduating from the program increased their international sales by an average of 26 percent during their two years in the program.

Eiden Systems Corporation is a veteran-owned information technology company based in Albemarle County.

Other companies that were recognized Thursday include 22nd Century Technologies, Inc., Apptech Solutions, Global Sales, Inc., Grandwatt Electric Corp, Magnets USA, Nedia Enterprises, Inc., New Century U.S., Quality Transportation Services, Inc., RMGS, Inc., TASC Management Corporation, Technologists Inc., and TREX Company, Inc.

“As we work to diversify our economy, helping Virginia businesses expand into international markets is more important than ever,” said Northam. “VALET is an invaluable program that connects companies of all sizes to the tools they need to enter the global marketplace and export successfully.”

There are currently 50 companies participating in the VALET program, which provides them assistance from a team of international service providers to help the companies meet their international goals. More than 300 Virginia companies have completed the program since 2002.

Virginia exports more than $34 billion in goods and services each year, supporting more than 232,000 jobs and generating $2 billion in tax revenue.

For more information on the VALET program, visit the following link: VALET Program

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About The Virginia Economic Development Partnership

The Virginia Economic Development Partnership, a marketing organization, was created by the Virginia General Assembly in 1995 to encourage, stimulate, and support the development and expansion of the economy of the Commonwealth. The Partnership is a state authority, which is governed by a 24-member Board of Directors appointed by the Governor and the Virginia General Assembly. To accomplish its objectives of promoting economic expansion within the Commonwealth, the Partnership focuses its efforts on business recruitment, expansion and international trade. VEDP has offices in Virginia, China, Germany, Mexico, Japan, India and the United Kingdom.

For more information on the VALET program, visit the following link: VALET Program