Press Release

Welch Applauds $169 Million Investment by Export-Import Bank of the United States for BETA Technologies   

Nov 17, 2023

EXIM’s Make More in America Initiative will create jobs, revitalize U.S. manufacturing, and level the playing field for American companies

SOUTH BURLINGTON, VTSen. Peter Welch (D-Vt.) today released the following statement applauding the Biden-Harris Administration and the Export-Import Bank of the United States, the official export credit agency of the U.S., for investing in Vermont-based job growth with a $169 million export promotion loan to BETA Technologies: 

“This excellent news shows how committed the Biden-Harris Administration is to moving the ball forward in our fight to combat climate change and achieve a net-zero future. With the support of the EXIM Bank, BETA Technologies will continue to create more sustainable jobs here in Vermont, expand manufacturing production in America, and lead the world in this innovative aviation technology.”