Strengthening the Canadian Agriculture Equipment Manufacturing Industry Across Canada – AMC Welcomes HSBC Bank Canada
January 30, 2017: The Agricultural Manufacturers of Canada (AMC) is
pleased to announce a new corporate partnership with HSBC Bank Canada
that takes effect immediately. HSBC Bank Canada joins Farm Credit
Canada (FCC), Aon Risk Management, Supreme Basics and Glacier FarmMedia
as one of AMC’s corporate partners.
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."
ABOUT AMC:
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 as of September 30, 2016, HSBC is one of the world’s largest banking and financial
services organisations.
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