Strengthening the Canadian Agriculture Equipment Manufacturing Industry Across Canada AMC Welcomes HSBC Bank Canada
Monday, January 30, 2017
Under the leadership of president, Leah Olson, AMC has a new strategic plan that focuses the organization on advocacy and increasing knowledge about the important economic contributions of agriculture equipment manufacturers across Canada. In 2015, Canadian agriculture equipment manufacturers exported just over $1.8 billion worth of implements to more than 150 countries. Key markets included the United States, Australia, Russia, Kazakhstan and Germany.
With a growing number of members, AMC collaborates with corporate partners to provide ongoing support, services and programs that help members' businesses grow.
“Having a corporate partner like HSBC Bank Canada whose business is global provides a great opportunity for agriculture equipment manufacturers across Canada to have exposure to experts not just in Canada but worldwide. More than 80% of our members export making this partnership a win-win,” said Olson. “Our mission is to grow the Canadian agriculture equipment manufacturing and with HSBC as one of our corporate partners, we are confident this can be done.”
“Through our research, we know that companies that do business internationally grow faster than those with strictly domestic businesses, and AMC has a long-standing history of working with companies to grow their businesses internationally,” adds Frank Venturo, Senior Vice President & Head of Commercial Banking, Ontario & Atlantic Region at HSBC Bank Canada. “We are extremely pleased to be a corporate partner with AMC and look forward to working with them and their members.”
The Agricultural Manufacturers of Canada (AMC) is a national, member-driven organization dedicated to sustaining a strong, viable and highly respected Canadian agricultural manufacturing industry. With just under 300 members, our mission is to: “foster and promote the growth and development of the agricultural equipment manufacturing industry in Canada.” For more information please go to: www.a-m-c.ca
ABOUT HSBC BANK CANADA:
HSBC Commercial Banking
For over 150 years we have been where the growth is, connecting customers to opportunities. Today, HSBC Commercial Banking serves more than two million businesses across the world, ranging from small enterprises focused primarily on their home markets through to corporates operating across borders. Whether it is working capital, term loans, trade finance or payments and cash management solutions, we provide the tools and expertise that businesses need to thrive. As the cornerstone of the HSBC Group, we give businesses access to a geographic network covering more than 90% of global trade and capital flows. For more information visit http://www.hsbc.com/about-hsbc/structure-and-network/commercial-banking
About HSBC Bank Canada
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country. We help companies and individuals across Canada to do business and manage their finances internationally through three global business lines: Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth Management. HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 4,400 offices in 71 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,557bn at 30 September 2016, HSBC is one of the world's largest banking and financial services organisations.
Agriculture Manufacturers of Canada
Leah Olson President
306-522-2710 ext 225
HSBC Bank Canada
Senior Manager, Media Relations