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Canadian dollar blues? The strong--albeit now weakening--Canadian dollar has affected Canadian businesses in a variety of ways. The key is to manage this challenge strategically. Here's how a few companies have done so.
CMA Management
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April 1, 2007|
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COPYRIGHT 2007 Society of Management Accountants of Canada. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Ask Michael dos Santos, CMA, FCMA, president and CEO of Montreal heavy machinery manufacturer Flextor Inc., how his company has managed to ride the wave of Canada's strong dollar with nary a scrape and he'll suggest that it was pure, dumb luck.
"When we set up our business, did we plan for exchange cycles? It never even crossed our minds. Lucky. We were lucky," he says now, 13 years after the company opened shop.
Flextor buys products and material from the U.S., and then sells back to the U.S., thereby sidestepping swinging exchanges in the process. While ...
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MARTENS ARE CROPPING UP IN UNLIKELY PLACES
Newspaper article from: The Columbian
; ...has been studying the martens for two years. "That...when you come to 30 marten tracks and can't tell...Facts about pine martens * The American marten (Martes americana...minks and weasels. * Martens are found across North...
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Phil Martens' challenge: High impact on a low budget; Ford is counting on shared platforms to refresh tired line.(News)
Magazine article from: Automotive News
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The Marten: A quantum leap for engineers
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DR. MARTENS LOOKING TO TRIM MORE COSTS.(Brief Article)
Magazine article from: Footwear News
; ...losses, British footwear manufacturer Dr. Martens last week announced it will shutter one...Johnson said in a prepared statement. Dr. Martens' parent concern, R. Griggs Group Ltd...the fall. According to Johnson, Dr. Martens expects 2002 sales to be below the five...
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Marten Transport Forecasts Strong Fourth Quarter Earnings Resulting From Special Year-End Transportation Programs.
PR Newswire
; ...Wis., Jan. 13 /PRNewswire/ -- Marten Transport, Ltd. (Nasdaq: MRTN) announced...impact of a number of special programs for Marten's customers. For the fourth quarter ended Dec. 31, 1998, Marten reported net income of $1.6 million...
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DR. MARTENS LOSES 3 INFRINGEMENT CASES, WINS THE 4TH IN AUSTRALIA COURT.
Magazine article from: Footwear News
; ...four companies charged with knocking off Dr. Martens' designs. The judge ruled against a fourth...into thinking their product was authentic Dr. Martens footwear. In the past, Dr. Martens had won four settlements in Australia without...
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Marten closes out a record-breaking Minnesota career
News Wire article from: University Wire
; ...WIRE) MINNEAPOLIS -- When pitcher Piper Marten is pitching, the atmosphere is serious...players. But if senior pitcher Piper Marten is toeing the rubber, the atmosphere...business." She said teammates accuse Marten of having issues with her circle and being...
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Stanton C. Martens
Newspaper article from: Intelligencer Journal Lancaster, PA
; Stanton C. Martens, 87, died on April 29, 2008 exactly...day after his beloved wife, Alice Cocks Martens, died. He had declined gradually from...office of his father, Dr. William S. Martens, and his mother, Grace Smith Martens...
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Marten Transport Provides Outlook on Fourth-Quarter Earnings.
PR Newswire
; Marten Transport, Ltd. said today it expects...the fourth quarter of 2001. Randolph L. Marten, president and chairman of the board...they have remained essentially flat," Marten said. "At the same time, our operating...
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Marten Transport, Ltd. Announces the Election of Two Independent Directors.
PR Newswire
; ...Aug. 23 /PRNewswire-FirstCall/ -- Marten Transport, Ltd. announced that it elected...and Chief Executive Officer Randolph L. Marten said, "I'm extremely pleased to announce...they will bring new insights and ideas to Marten. The addition of these two directors...
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