For decades, Bauer has made equipment to test the products used in planes around the world.
The company has experienced rapid growth in recent years, so Friday, it has been recognized as the national exporter of the year of the United States Small Business Administration.
“There are many big companies that do a lot of big things, and so that we are selected, it's a whole honor,” said the president and chief executive officer of Bauer, Lou Aletta, after a visit to the installation of his business.
The company was also recognized during a ceremony marking the end of the national week of small businesses.
“Connecticut is a small state, but we do really cool things here and that allows us to highlight the spotlight,” said SBA district director Catherine Marx.
The other winners during the Friday ceremony included the little businessman of Connecticut of the year Michelle Nicholson.
She transformed her cooking hob from the pandemic era into The Flour Girl Bakery & Cafe.
“Having a restaurant and a bakery victory is also very important,” said Nicholson. “I have the impression that they are often overlooked as small businesses.”
Bauer's recognition occurs while companies that export or import products to find out how to manage the new prices imposed by President Donald Trump.
AULETTA said most of the components of its products are manufactured in the United States, although some of the raw materials can be subject to prices.
He said the biggest problem for him was uncertainty.
He recently had a customer request in China to ship early equipment to avoid an increase in prices while China and the United States are committed to a trade war.
The equipment was not entirely over, so now he negotiates with the company on how to send workers to finish construction.
“It will be a great distraction, it is really the only important situation that we have dealt with so far, but it is certainly real,” he said.
The Connecticut Business and Industry Association estimated that companies in the state will face $ 3.2 billion in additional costs to import elements.
The president and chief executive officer of the CBIA, Chris Dipentima, said that the greatest impact on this point has been uncertainty, because many companies are still trying to understand the impact.
“We now hear these little stories about the impact of prices,” he said. “I would not be surprised if we hear more and more real stories that people are affected.”
Marx said that she had not heard many Connecticut companies that have been affected by prices, but her office also offers help to those who need them.
“We are going to guide them, see if there are loan programs they can use, seeing if there are advice programs they can use,” she said.
