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Export Import Bank of the United States

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News | Board Minutes | 2004

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO 1
Country MEXICO                                 AP081049XX
Request for FINAL COMMITMENT

Applicant      UNION PLANTERS BANK NA, CORAL GABLES FL
Exporter    PROVIDENT BANK, CINCINNATI, OH
Exporter       INTERIORS TWO, LITTLETON CO
Exporter       ADDITIONAL EXPORTERS
Supplier       PROVIDENT BANK, CINCINNATI, OH
Supplier       INTERIORS TWO, LITTLETON CO
Supplier       ADDITIONAL SUPPLIERS
Gteed Lender   UNION PLANTERS BANK NA, CORAL GABLES FL
Project Description NONE
Product Description USED AIRCRAFT
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

ITEM NO 2
Country TURKEY - POLICY NO. FB-A-273706
Request for:  POLICY COMMITMENT - NEW
Policy Type:  FINANCIAL INSTITUTION BUYER CREDIT (FIBC)
Coverage Type/Term: COMPREHENSIVE/ST

Insured:  MANUFACTURERS & TRADERS TRUST COMPANY, BALTIMORE, MD
Exporter(s) EKMAN AND CO. AND VARIOUS OTHERS    
Supplier(s) EKMAN AND CO. AND VARIOUS OTHERS     
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS
Products: BLEACHED FLUFFED WOOD PULP FOR PRODUCTION OF BABY DIAPERS, ETC.
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO 3
Country NICARAGUA - POLICY NO. FB-A-269548
Request for:  COMMITMENT - NEW
Policy Type:  FINANCIAL INSTITUTION BUYER CREDIT (FIBC)
Coverage Type/Term: COMPREHENSIVE/ST

Insured: RABOBANK INTERNATIONAL, NEW YORK, NY
Exporter: THE RICE CORPORATION, ROSEVILLE, CA
Supplier: THE RICE CORPORATION, ROSEVILLE, CA
Insurance Broker:  EIA GLOBAL
Products: RICE
Credit Committee Decision DENIED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO. 4
Country MEXICO - POLICY NO. FB-A-255554
Request for:  POLICY COMMITMENT
Policy Type:  FINANCIAL INSTITUTION BUYER CREDIT (FIBC)
Coverage Type/Term: COMPREHENSIVE/ST
Insured:  ABN-AMRO BANK, N.V., CHICAGO, IL
Exporter(s)/
Supplier(s): DOW CHEMICAL, NORANDA USA
  PHELPS DODGE    
Insurance Broker:  AON TRADE CREDIT INSURANCE SERVICES, SAN FRANCISCO, CA
Products: COPPER, ALUMINUM, POLYETHYLENE & VARIOUS OTHER RAW MATERIALS
Ex-Im Bank Liability (Millions):  $5 - $20
Credit Committee Decision APPROVED

ITEM NO. 5
Country MEXICO - POLICY NO. MTA-272229
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/SINGLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  BNP PARIBAS, NEW YORK, NY
Exporter: AGRO TURBOSERVE CORPORATION, CARLSTADT, NJ  07072-2504
Supplier: SAME     
Insurance Broker:  EIA-GLOBAL
Products: CONTROL ROD DRIVES
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 6
Country MEXICO - POLICY NO. MTA-272716
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/SINGLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier: XEROX CORPORATION, SAN ANTONIO, TX  78216-4704
Insurance Broker:  PENN INTERNATIONAL INSURANCE, SAN ANTONIO, TX
Products: DOCUCOLOR PRESSES
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 7
Country MEXICO - POLICY NO. MSM-274621
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier(s): VOLVO, GREENSBORO, NC  27409-6115
  DORSEY TRAILERS, ELBA, AL  36323-1855
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: TRAILERS & TRANSPORTATION EQUIPMENT
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO. 8
Country MEXICO - POLICY NO. MSM-272369
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier: NUECES POWER EQUIPMENT, CORPUS CRISTI, TX  78409-4789
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: CAT TRACTORS, LOADER, TRUCKS
Ex-Im Bank Liability (Millions):  $5 - $20
Credit Committee Decision APPROVED

ITEM NO. 9
Country MEXICO - POLICY NO. MSM-273631
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier(s): NATIONAL EQUIPMENT CORP (UNION STANDARD EQUIPMENT), CHICAGO, IL 60632-4402
  INDEPENDENT STAVE CO., INC., LEBANON, MO  65536-3601 & VARIOUS OTHERS
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: DISTILLERY EQUIPMENT
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 10
Country MEXICO - POLICY NO. MSM-274100
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier:  NUECES FARM CENTER, CORPUS CRISTI, TX  78409-4789
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: CONSTRUCTION EQUIPMENT
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 11
Country MEXICO - POLICY NO. MTR-272278
Request for:  COMMITMENT (NEW)
Policy Type:  REPETITIVE SALES
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  PNC BANK NA
Exporter/Supplier(s):  THERMOFORMING SYSTEMS LLC, YAKIMA, WA  98902-5721
   TRANE, LACROSSE, WI  54601-7511
   FUTURE MOLD CORPORATION, FARWELL, MI  48622-9400
Insurance Broker:  EIA GLOBAL
Products: THERMOFORMER/PRESS
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO. 12
Country MEXICO - POLICY NO. MTR-272294
Request for:  COMMITMENT (NEW)
Policy Type:  REPETITIVE SALES
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  PNC BANK NA
Exporter/Supplier(s):  GENERAL STEEL CORPORATION, LAKEWOOD, CO  80226-4358
   UTILITY TRAILERS DE MEXICO, INC., LAREDO, TX  78040-9427
   AND VARIOUS OTHERS
Insurance Broker:  EIA GLOBAL
Products: DRY VANS, FORK-LIFT, DUMP TRUCK, BUILDING FRAMES
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 13
Country MEXICO - POLICY NO. MSM-272617
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE, LLC, NEW YORK, NY  10036-6710
Exporter: SAN ANTONIO TRADE GROUP, INC., SAN ANTONIO, TX  78212-3421
Supplier(s): DORSEY TRAILER COMPANY, ELBA, AL  36323-1855
  PACCAR, INC., KIRKLAND, WA  98033-7909
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: TRANSPORTATION EQUIPMENT
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 14
Country MEXICO - POLICY NO. MSM-272427
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  HEMISPHERE NATIONAL BANK, MIAMI, FL 33166-6678
Exporter: ORGIL INTERNATIONAL GREENHOUSES, CORP., SAN DIEGO, CA  92154-6243
Supplier: HEMISPHERE NATIONAL BANK, MIAMI, FL 33166-6678
Supplier:  ORGIL INTERNATIONAL GREENHOUSES, CORP., SAN DIEGO, CA  92154-6243
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS, INC., COLUMBUS, OH
Products: GREENHOUSES & SHADE HOUSES
Credit Committee Decision DENIED

ITEM NO. 15 / WITHDRAWN

ITEM NO. 16
Country MEXICO - POLICY NO. MTR-273276
Request for:  COMMITMENT (NEW)
Policy Type:  REPETITIVE SALES
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Exporter/Supplier:  ORGIL INTERNATIONAL GREENHOUSES, SAN DIEGO, CA  92154-6243
Exporter/Supplier:  STEAMBOAT CORPORATION, SAN DIEGO, CA  92154-7919
Supplier:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS, INC., COLUMBUS, OH
Products: SHADEHOUSES & IRRIGATION SYSTEMS
Credit Committee Decision DENIED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO. 17
Country MEXICO - POLICY NO. MSM-271361
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  GUARANTY BANK OF CALIFORNIA, MONTEREY PARK, CA  91754-2857
Exporter:  ORGIL INTERNATIONAL GREENHOUSES, CORP., SAN DIEGO, CA  92154-6243
Insurance Broker:  MERIDIAN FINANCE GROUP, LOS ANGELES, CA
Products: SHADE HOUSES
Credit Committee Decision DENIED

ITEM NO. 18
Country MEXICO - POLICY NO. MTR-270546
Request for:  COMMITMENT (NEW)
Policy Type:  REPETITIVE SALES
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Exporter:   ORGIL INTERNATIONAL GREENHOUSES, SAN DIEGO, CA  92154-6243
Exporter:   STEAMBOAT CORPORATION, SAN DIEGO, CA  92154-7919
Supplier: SPEARS MANUFACTURING COMPANY, SYLMAR, CA  91392-1249
Supplier:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS, INC., COLUMBUS, OH
Products: SHADE HOUSES & IRRIGATION SYSTEMS
Credit Committee Decision DENIED

ITEM NO. 19
Country MEXICO - POLICY NO. MSM-273797
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Exporter/Supplier: ORGIL INTERNATIONAL GREENHOUSES, CORP., SAN DIEGO, CA  92154-6243
Supplier: MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS, INC., COLUMBUS, OH
Products: SHADE HOUSES
Credit Committee Decision DENIED

ITEM NO. 20
Country MEXICO - POLICY NO. MSM-273565
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Exporter/Supplier: ORGIL INTERNATIONAL GREENHOUSES, CORP., SAN DIEGO, CA  92154-6243
Supplier: MANUFACTURERS AND TRADERS TRUST COMPANY, BALTIMORE, MD  21201-3330
Insurance Broker:  INTERNATIONAL RISK CONSULTANTS, INC., COLUMBUS, OH
Products: GREENHOUSES
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO 21
Country MEXICO                                 AP080841XX
Request for FINAL COMMITMENT

Applicant      ESPIRITO SANTO BANK, MIAMI FL
Exporter       SKEE BALL INC, CHALFONT PA
Exporter       PRC TRADE & CONSULTING SERVICES, INC., MIAMI FL
Supplier       SKEE BALL INC, CHALFONT PA
Supplier       PRC TRADE & CONSULTING SERVICES, INC., MIAMI FL
Gteed Lender   ESPIRITO SANTO BANK, MIAMI FL
Project Name  NONE
Project Description NONE
Product Description ELECTRONIC VIDEO GAMES/AMUSEMENT
Credit Committee Decision DENIED

ITEM NO. 22
Country PHILIPPINES - POLICY NO. MTA-274779
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/SINGLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  LONDON FORFAITING COMPANY LTD.
Exporter: DANKIM TRADING CO., YONKERS, NY  10703-3426
Supplier(s): DAVENPORT MACHINE, INC., ROCHESTER, NY  14611-1701
  LOUIS LEVIN & SON, INC., SANTA FE SPRINGS, CA  90670-5031
Insurance Broker:  MERIDIAN FINANCE GROUP
Products: MACHINERY FOR TOOL & DIE FABRICATION & REPAIR
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 23
Country MEXICO - POLICY NO. MSM-273291
Request for:  COMMITMENT (NEW)
Policy Type:  SINGLE SALE/MULTIPLE SHIPMENT
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  RZB FINANCE LLC, NEW YORK, NY
Exporter:  SAN ANTONIO TRADE GROUP, SAN ANTONIO, TX  78212-3421
Supplier: NUECES POWER EQUIPMENT, CORPUS CRISTI, TX  78409-4789
Insurance Broker:  PENN INTERNATIONAL, SAN ANTONIO, TX
Products: CRUSHER, CAT BULLDOZER, LOADER
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

ITEM NO. 24
Country CHILE - POLICY NO. MSM-272930
Request for:  COMMITMENT (NEW)
Policy Type:  REPETITIVE SALES
Coverage Type/Term: COMPREHENSIVE/MT
Insured:  PNC BANK, N.A.
Exporter:  HOSS EQUIPMENT CORPORATION, IRVING, TX  75162-2139
Supplier: CATERPILLAR INC., (MANUFACTURER), PEORIA, IL  61629-1324
Insurance Broker:  EIA-GLOBAL
Products: CATERPILLAR TRACTORS / ESCAVATORS
Ex-Im Bank Liability (Millions):  $1 - $5
Credit Committee Decision APPROVED

                        EXPORT-IMPORT BANK OF THE UNITED STATES
                   SUMMARY OF MINUTES OF MEETING OF CREDIT COMMITTEE
                                   OCTOBER 22, 2004

ITEM NO 25
Country BRAZIL                                 AP080662XX
Request for FINAL COMMITMENT

Applicant      WACHOVIA BANK, MIAMI FL
Exporter       SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Supplier       SIKORSKY AIRCRAFT CORPORATION, STRATFORD CT
Gteed Lender   WACHOVIA BANK, PHILADELPHIA PA
Project Name  NONE
Project Description AIR TRANSPORTATION
Product Description HELICOPTER
Repayment Term  5 YEARS
Credit Committee Decision APPROVED

 
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