Michigan Aerospace Manufacturers Association

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What is the Ex-Im Bank?

  • The Export-Import Bank of the United States is the official export credit agency of the United States.
  • Ex-Im Bank's mission is to assist in financing the export of U.S. goods and service to international markets. 
  • The Bank supports billions of dollars of U.S. exports and hundreds of thousands of export-related U.S. jobs each year.

Ex-Im in Michigan Supports:

  • $9,342 million in export sales
  • 214 companies supported
  • 59,693 jobs supported

What are the Facts about Ex-Im?

In Fiscal Year 2014

  • Ex-Im supported the purchase of nearly $27.5B of exports of U.S. products and 164,000 American jobs.
  • Ex-Im generated a surplus of $675M for U.S. taxpayers. 
  • Ex-Im has an excellent track record for risk avoidance with an historically low default rate of 0.175%
  • Ex-Im complements commercial lenders, it does not compete with them.
  • Ex-Im is critical to U.S. competitiveness

Status of Ex-Im Reauthorization

  • Ex-Im Charter expires June 30, 2015.
  • Legislation to reauthorize Ex-Im has been introduced in both chambers, but no bill has advanced through the Committee process.
  • The bi-partisan Senate bill would authorize the Bank for five years, increase small business lending and decrease the lending cap by $5B. 
  • Very conservative members of the House and Senate oppose Ex-Im.
  • Outside opponents include Americans For Prosperity, Club for Growth, Heritage Action for America, Council for Citizens Against Government and others.
  • Advocacy efforts on-going - National Association of Manufacturers, U.S. Chamber of Commerce, Aerospace Industries Association.

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The mission of the Michigan Aerospace Manufacturers Association (“MAMA”) is to: serve and represent the interests of Michigan’s aerospace and defense manufacturing firms with a single unified voice; to provide educational programs and industry research to its members; and to promote the State of Michigan’s aerospace and defense manufacturing community within the global industry.

MAMA’s objective is to be the supply chain of choice that is recognized for taking the "costs out of cost" for services, manufactured components, assemblies and complete systems. We are designed to take the risk out of the supply chain by having the best in class suppliers for cost, quality and delivery.

MAMA in the News

Message from Gavin Brown - March Newsletter Message

Crain's Business Detroit - March 2015 - Drones, helicopters land in Sterling Heights as makers talk business needs

Sterling Report TV - March 2015 - MAMA hosts Enstrom Helicopter and Detroit Aircraft at DC3S

Detroit Auto Scene - March 2015 - Autonomy in Cars Proposed To Help Self-Flying Aircraft

dbusiness Magazine - March 2015 - Michigan Aerospace Trade Group Seeks to Bring Humanitarian UAVs to Africa

Crain's Business Detroit - March 2015 - Michigan aerospace firms to manage medical supply delivery effort in Ghana 

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