U.S. Rep. Jim Himes visited Muehlstein, 10 Westport Road in Wilton, on Friday, July 17, to speak about the importance of the Export-Import Bank of the United States (EXIM).
The EXIM is an independent, self-sustaining agency of the Executive Branch that works to support American jobs by facilitating the export of United States goods and services.
Muehlstein is an importer and distributor of polymers and related products. The company serves more than 1,000 customers in North America.
According to a 2012 press release, Himes helped pass bipartisan legislation in November 2012 to provide permanent normal trade relations (PNTR) status to Russia in an effort to:
- Ensure that Russia is held accountable for its actions.
- American exports are treated fairly.
- Boost exports and create jobs in Connecticut by reducing tariff and non-tariff trade barrier for U.S. goods and services.
At the time of the legislation’s passing, according to a 2012 press release from the congressman’s office, Muehlstein was one of a handful of locally-based companies doing with Russia, to which it exports plastics.
According to the press release, Russia’s PNTR status allows Muehlstein and other businesses to do business with Russia “without the burden of higher tariffs then their companies from other countries.”
Himes is a Democratic congressman who represents Connecticut’s 4th Congressional District, which includes Bridgeport, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, Norwalk, Redding, Ridgefield, part of Shelton, Stamford, Trumbull, Weston, Westport, Wilton and Oxford.
To learn more about the EXIM, visit: www.exim.org .
To learn more about Muehlstein, visit: www.muehlstein.com .