By The Columbian Editorial Board
For 85 years, the federal Export-Import Bank has helped American corporations compete in the global marketplace. Now it is in need of reauthorization from Congress.
In recent years in Clark County, the bank has supported companies such as Conquest Consulting Group, Northwest Natural Products and Neil Jones Food Company. Across Washington, it has supported companies large and small in every region. About 90 percent of businesses that use Ex-Im Bank services are small businesses that provide local jobs and contribute to the local tax base.
The Ex-Im Bank, which provides and guarantees loans to help foreign entities make purchases from U.S. companies, is particularly important in our state, where an estimated 40 percent of all jobs are tied in some fashion to international trade...