In a ceremony held yesterday at the U.S. Department of Commerce, Master
Electronics received the President’s “E” Award for Exports in
recognition of the company’s achievement in making significant
contributions to an increase in U.S. exports.
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Left to right – U.S. Secretary of Commerce Wilbur Ross, Master President Riad Nizam, Master Business Development VP Chuck Martin, and Gilbert Bruce Kaplan, Under Secretary of Commerce for International Trade. (Photo: Business Wire)
In a statement, Wilbur Ross, United States Secretary of Commerce,
announced, “Master Electronics has demonstrated a sustained commitment
to export expansion. The ‘E’ Awards Committee was very impressed with
Master Electronics’ presence in 135 markets with strong year-over-year
growth in export sales. The company’s innovative approach to eliminate
the impact of increased foreign tariffs on its customers was also
particularly notable. Master Electronics’ achievements have undoubtedly
contributed to national export expansion efforts that support the U.S.
economy and create American jobs.”
Riad Nizam, President of Master Electronics and Chuck Martin, Master’s
Director of Business Development, received the award in Washington, D.C.
Riad commented, “At Master Electronics we pride ourselves on working
with speed, flexibility and entrepreneurial spirit. Solving customer’s
problems is always top-of-mind, especially when it comes to commerce, a
vital branch of our distribution. Logistics and export processes, which
can be costly or sluggish if not addressed with exuberance, are key. We
are proud and humbled to receive this President’s ‘E’ Award on behalf of
all of Team Masters.”
About Master Electronics
Master Electronics is a leading global authorized distributor of
electronic components. For more than half a century, our family-owned
company has remained focused on strong relationships, responsive service
and added value. This is how Master Electronics has grown to serve
hundreds of thousands of customers in partnership with hundreds of
world-class suppliers.
Inspired by our founder’s vision for building a business around personal
bonds and integrity, we embrace visionary thinking and prioritize the
end goal over short-term wins. Our people are empowered to make
real-time decisions and place the needs of our customers above all.
Master Electronics thrives on collaborating with our customers and
suppliers to design creative solutions to their purchasing, supply chain
and business challenges. Our experience, speed and flexibility let us
adapt and innovate, which allows companies to bring their visions to
life. www.masterelectronics.com
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