Articles

BroadGrain wins HSBC International Business Award

<p class="text-heading">October 24, 2012</p><p>BroadGrain is pleased to announce that it has won the HSBC International Business of the Year - Large Enterprise Award.</p> <p>The HSBC International Business Awards program honours Canadian companies that have successfully branched out beyond Canada's borders.</p> <p>"Canadian large enterprises competing globally must deal with the lingering effects of global economic uncertainty, and their success in doing so demonstrates their commitment to strategic planning, tenacity, and hard work," said Linda Seymour, Executive Vice President, Head of Commercial Banking and Regional President, Cantral and Eastern Canada, HSBC Bank Canada. "In particular, BroadGrain has distinguished itself for its entrepreneurship and this award recognizes its leadership in doing business internationally."</p> <p>To be eligible, firms must be majority Canadian owned (50.1 percent); must be headquartered in Canada; must generate at least 10 percent of their revenue from activites outside of Canada; and must have minimim sales of more than CAD $50 million in the last fiscal year. Full eligibility requirements are available on&nbsp;<a title="www.bwob.ca/awards" href="http://www.bwob.ca/awards">www.bwob.ca/awards</a>. Applications were judged by a committee drawn from Rogers Publishing Ltd, The Globe and Mail and select international business experts. PricewaterhouseCoopers LLP performed due diligence on finalists' entries.</p> <p><strong>About the HSBC International Business Awards</strong><br />The HSBC International Business Awards is an important awards program that honour Canadian firms that have successfully brought their products and services to the world. The Awards are bestowed in the following categories: International Business of the Year, Small and Medium Enterprise; International Business of the Year, Large Enterprise; Leadership in International Trade in Asia-Pacific; and Leadership in International Trade in Latin America. &nbsp;</p> <p><strong>About HSBC Bank Canada</strong><br />HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in Canada. With around 6,900 offices in over 80 countries and territories and assets of US$2,652bn at 30 June 2012, the HSBC Group is one of the world&rsquo;s largest banking and financial services organizations.</p> <p><strong>About Business without Borders</strong><br />Canada&rsquo;s newest and best source of news and information for companies seeking to do business beyond this nation&rsquo;s borders, Business without Borders was created by Rogers Publishing Limited in association with the Globe and Mail and HSBC Bank Canada. Business without Borders provides news, analysis, tools and inspiring profiles of Canadian businesses exporting, expanding their operations and sales abroad or relocating operations in other countries.</p> <p>More about the awards can be found&nbsp;<a title="Newswire Release" href="http://www.newswire.ca/en/story/1058125/winners-of-the-second-annual-hsbc-international-business-awards-announced">here</a></p> <p>As part of the award, BroadGrain was also featured in a&nbsp;<a href="http://www.broadgrain.com/files/shared-files/BWOB_-_BroadGrain_Commodities.pdf">Business without Borders article</a>&nbsp;by Barbara Righton</p>