A local manufacturer of orthopedic medical devices, Serola Biomechanics, Inc., received an award for Continuing Excellence in Exporting during the 2019 Governor’s Export Award ceremony held at the Union League of Chicago on June 26.
Serola’s founder and co-CEO, Dr. Rick Serola was present to accept the award from Lt. Governor Juliana Stratton and Erin Guthrie, acting director of the Department of Commerce and Economic Opportunity (DCEO). The Governor’s Export Awards are the state’s highest recognition of export achievement.
A total of 12 Illinois companies were recognized and the judging criteria was based upon the following: export sales as a ratio of total sales, export sales growth, number of jobs created and retained by exports, factors indicating progressive international marketing strategies, multi-lingual and cultural efforts, progression in ratio of exports sales to total sales and number of suppliers based in Illinois.