Columbia, SC, Feb 21, 2012 -- The U.S. Department of Agriculture announced that 71 manufacturing businesses were honored Friday at a White House event to recognize the success of manufacturing in rural America. The event at the White House Eisenhower Executive Office Building also included representatives of financial institutions that have provided capital and support for these businesses.
“The manufacturing sector plays an important part in the nation’s economy,” USDA Rural Development Under Secretary Dallas Tonsager said. “These companies demonstrate that U.S. manufacturing – through innovation, dedication and tireless hard work – will continue to create jobs that keep Americans working and our rural communities thriving.”
The businesses honored Friday have been supported by USDA Rural Development’s Business & Industry Guaranteed Loan Program, which helps provide capital and technical assistance to create jobs and spur economic development. USDA has several other programs that aid businesses, promote job growth and foster regional economic partnerships. For more information on these programs, go to http://www.rurdev.usda.gov/Business.html.
“These companies exemplify what can be accomplished when government works with businesses, local officials and rural residents,” said Judith Canales, administrator of USDA Rural Development’s Rural Business and Cooperative Service.
“Rural Development is pleased to partner with First Citizens and TD Bank in providing financing for business ventures to Nation Ford Chemical Company and Turnstyle Enterprises Inc, respectively” South Carolina Rural Development State Director Vernita F. Dore said. “This partnership leads to the accomplishment of our mission in increasing jobs and stimulating the economy. We value this public private partnership and are committed to increasing opportunities for businesses in South Carolina.”
South Carolina’s businesses attending the event were:
• Turnstyle Enterprises, Inc., with TD Bank, is a Gate Opening System Company located in Georgetown, SC and Pawleys Island, SC is the home of their Assembly and Fabrication Facility – This company’s focus has been research development, applying for patents and testing with limited production of the produce line beginning in January 2008.
• Nation Ford Chemical Company with First Citizens Bank & Trust Co., Inc is located in Fort Mill, SC and employs approximately 80 people. Nation Ford Chemical Company is a Chemical Manufacturer whose principal products include sulfanilic acid and pigments. A significant portion of the Company’s sales is of custom chemicals made under contract principally in the United States and Europe.
Since taking office, President Obama’s Administration has taken historic steps to improve the lives of rural Americans, put people back to work and build thriving economies in rural communities. From proposing the American Jobs Act to establishing the first-ever White House Rural Council – chaired by Agriculture Secretary Tom Vilsack – the President is committed to a smarter use of existing Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $165 billion in affordable loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).