EX-IM Bank (The Export-Import Bank of the United States) is a government-supported bank that provides lending for US companies doing exports. Normally, an organization like this is mostly ignored by the general public, but for small businesses like ours, it is a crucial tool for encouraging US exports. In particular, the bank makes low cost insurance policies to guarantee invoices from foreign suppliers. This is important because it is usually necessary to extend credit terms to our foreign suppliers, but we cannot bear the risk if one of those suppliers fails to pay us for our goods. EX-IM fills in the gap with a low-cost insurance policy that allows us to extend terms, and vets for us the foreign company for credit-worthiness.
The EX-IM Bank is one of the organizations that could be de-funded by a lackluster, do-nothing congress. Luckily for Catoctin Creek, our senators from Virginia are helping to fight the good fight:
“At a time when U.S. exporters and manufacturers are already suffering from substantial economic uncertainty in Europe, they should not be subjected to additional uncertainty manufactured by Washington. The Export-Import Bank supports hundreds of thousands of American jobs tied to exports and helps businesses across Virginia export hundreds of millions of dollars in goods and services each year,” said Sens. Warner and Kaine. “The Export-Import Bank levels the playing field for U.S. exporters – many of them small businesses – by matching the financing that other governments provide to their exporters, and it does so at no cost to the taxpayer. In fact, over the last two decades, the Ex-Im Bank has actually helped reduce the deficit by generating nearly $7 billion more than it costs to operate.”
The Senators noted, “The Bank has operated for more than 80 years and has been reauthorized 16 times with bipartisan support under 13 different Presidents, Republican and Democrat. Congressional leadership should be ashamed for allowing this important job-creating tool to expire for the first time in its history.”
Read the full story, here, and be sure to voice your support with your local congress and senators.
We got some lovely coverage in the news regarding our RAMMY award last night. Seems a man in a kilt always makes a good impression. Writing for the Washington Post, Becky Krystal writes:
The black-tie event brought out its share of dresses long and short, tuxes and, oh, yeah, that tie-dyed suit we spotted behind the Atlas Brew Works table. And kilts! We spied multiple examples of this traditional Scottish apparel, including the one worn by Scott Harris, whose Catoctin Creek distillery, run with his wife, Becky, collected the award for regional food and beverage producer of the year.
Meredith Bethune, writing for Eater DC, also enjoyed the kilted men:
It seemed like anyone who wore a kilt automatically won this year. Scott Harris of Catoctin Creek said he spent a good chunk of money on one during a trip to Scotland, so he wears it whenever possible. Harris was the first to accept an award in Scottish gear, followed by Mark Benson from Bar Pilar and Neil Blackwood from Mintwood Place. Sue Palka of FOX 5 DC told the crowd, "I’m so buying my husband a kilt! I love ‘em!"
Here are some of the Washington DC area news outlets covering the 2015 RAMMY awards last night:
Last weekend, we were invited back to appear on Foodie and the Beast on Federal News Radio. Nycci and David had the finalists in the Beverage Producers category (ourselves, DC Brau, New Columbia, and Early Mountain Vineyards) on the show to talk about the RAMMYs and what it meant to each of us to be nominated for the award.
We slung the cocktail shaker to pour our signature cocktail for the gala, The Devil and His Wife. It was a great show! You can hear the show on their site, here, or download the podcast, here.
It took us a while to find this, but whiskey blogger "...tire-bouchon" reviewed our first bottling for Single Cask Nation, our Catoctin Creek 2 year old whisky, back in June, 2014. This was a very special dram, the first American whiskey ever bottled by Single Cask Nation, and we're very glad that the reviewer loved it!
Like I expected it is a very interesting whiskey. It would definitely pair amazingly well with Turkish coffee and might replace my beloved Metaxa there. I also can see that it would go well with mellow, not so spicy cigars for a long after dinner conversation or with eggy desserts like Mexican flan or creme caramel. It is a whisky you don't want to rush for sure. It's thick, bold, full of flavors and needs your attention and time... Looks like this bottle will keep company to me quite a long time. By the way remember that this whiskey is only two years old. Kind of mind blowing if you think about it...
You can read the entire review, here.