Titomic Secures $10.3M EXIM Loan for Alabama Expansion
The Export-Import Bank of the United States approved a $10.3 million loan to Titomic USA to buy high-pressure cold-spray equipment and expand advanced manufacturing at its Huntsville, Alabama, facility. The expansion is expected to support dozens of jobs and increase the company’s capacity to make, repair and restore metal components for industries including aerospace, defense and energy.
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About Export-Import Bank of the United States
The Export–Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the United States federal government. Operating as a wholly owned federal government corporation, the bank "assists in financing and facilitating U.S. exports of goods and services", particularly when private sector lenders are unable or unwilling to provide financing. Its current chairman and president, John Jovanovic took office as chair and president on September 19, 2025.
Everything about Export-Import Bank of the United States →- Country
- United States
- Headquarters
- Washington, D.C.
- Inception
- February 2, 1934
- Website
- http://www.exim.gov, https://www.exim.gov/