Eight companies were honored this week in Montgomery, Alabama for successfully exporting in-state products and services around the world. SEPCO was one of the companies honored.
The Trade Excellence Awards, which are given annually by Gov. Robert Bentley and organized by the Alabama Department of Commerce and Export Alabama Alliance, recognizes small, medium, large and new-to-export businesses across the state.
“Exports are an accelerator for Alabama’s economy and are one of the ‘drivers’ included in Accelerate Alabama, the state’s long-term economic development strategy,” Bentley said in a statement. “Alabama firms selling overseas have a better success rate of survival during economic downturns.”
A news release announcing the winners said overseas shipments of Alabama goods in 2014 topped $19.5 billion. The number of Alabama exports has jumped 57 percent since 2009, and 115 percent during the past decade.
SEPCO, which stands for Sealing Equipment Products Co. in Alabaster designs, manufactures and distributes mechanical sealing devices for industrial pumps, valves and other rotating equipment; it also produces thermal and abrasion management products in the aerospace industry. SEPCO has a network of authorized distributors in more than 30 countries.