Sep 29, 2010 (Milwaukee Journal Sentinel - McClatchy-Tribune Information Services via COMTEX) --

Maxon Industries Inc. and Putzmeister America Inc, two Milwaukee-area makers of concrete-handling equipment, were two of three Midwest businesses that supplied $9.4 million worth of equipment to Turkey for a hydroelectric dam project, according to the U.S. Export-Import Bank, which helped facilitate the exports.

"This transaction and several other export sales over the past two years have allowed us to increase our workforce by seven people to a total of 29 employees," said Bill Maxon, president and CEO of Maxon Industries. Maxon is also the son of the founder of the firm, which has been in operation for more than 60 years.

Marco Solutions, part of St. Louis-based Continental Manufacturing Group, is the third company that sold equipment for the dam on the Kizilirmak River. All of the equipment has been shipped and is up and operating, the Ex-Im Bank said.

Maxon Industries initiated the sale and introduced the export opportunity to Marco Solutions.

The Ex-Im Bank is the official export credit agency of the United States, which operates as a self-sustaining federal agency that helps create U.S. jobs by filling gaps in export financing and strengthening U.S. exports.

"Turkey is one of nine countries Ex-Im Bank is targeting because of the extraordinary opportunities it offers U.S. exporters," said Ex-Im Bank Chairman and President Fred Hochberg.

To see more of the Milwaukee Journal Sentinel, or to subscribe to the newspaper,

go to http://www.jsonline.com

That is really cool!! We use Maxon and they make great equipment.