PEORIA, Ill. — Caterpillar Inc. chairman and CEO Jim Owens received the National Foreign Trade Council’s (NFTC) World Trade Award. The award is presented annually to a person who has made a distinguished contribution to the advancement of American foreign trade and investment.
“There is no one more fitting and appropriate to receive the 2007 World Trade Award than Jim Owens,” said NFTC chair Dimesh Paliwal, president of Harmon International Industries. “During his tenure, Jim has repeatedly and consistently demonstrate his commitment to an open trading system, dedicating his company and his own time and reputation to advocating for multilateral and bilateral trade agreements and fighting efforts to close America off from the rest of the world.”
“At Caterpillar, we share the NFTC’s philosophy that positive, sustained engagement with the world community—by both the public and private sectors—is the most effective way to advance America’s values and interests around the globe,” Owens said upon receiving the award.
Founded in 1914, the NFTC is the only national business organization that exclusively advocates for the international and public policy priorities of its members, ranging from international trade, investment, tax and export finance to human resource management.