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AEM, ARA tour Alberta oil sands

August 27, 2012 - The Association of Equipment Manufacturers says its support for members seeking market opportunities was demonstrated in the recent trade mission to the Alberta oil sands. As a project of AEM’s Small Enterprise Committee, representatives from small and medium-sized member companies gained in-depth knowledge about new equipment sales prospects in the Alberta oil sands region during a trade mission August 13-15. The junket was co-sponsored by the American Rental Association.


August 27, 2012
By Association of Equipment Manufacturers

August 27, 2012 – The Association of Equipment Manufacturers says its
support for members seeking market opportunities was demonstrated
in the recent trade mission to the Alberta oil sands. As a project of
AEM’s Small Enterprise Committee,
representatives from small and medium-sized member companies gained
in-depth knowledge about new equipment sales prospects in the Alberta
oil sands region during a trade mission August 13-15. The junket was
co-sponsored by the American Rental Association .

The mission emphasized economic opportunities for equipment
manufacturers to export their products and grow their businesses in this
energy-rich part of western Canada. The trade mission was conducted in conjunction with the Alberta Enterprise Group, a non-profit business advocacy organization.

“The Alberta oil sands are a bright spot for safer and more secure oil
in North America, and show tremendous promise for long-term investment
and growth for the U.S. heavy off-road equipment industry,” said Nick
Yaksich, AEM vice-president of global public policy. “As the industry
continues to grow, equipment manufacturers will play an important role
in providing the much needed resources for these sites to operate
successfully.”

After the trade mission group arrived in Calgary, Alberta, they were
briefed on the oil sands industry and the regulatory and political
environment in Alberta. Speakers at the briefing included Don Thompson,
former Syncrude vice-president, Randy Kerr, HBW Resources executive vice-president in Canada, and Grant Martin, TransCanada Pipelines supply chain management director.

The following day, the group headed to Ft. McMurray, Alta., to tour
Syncrude Canada and received a briefing by the Wood Buffalo Regional
Municipality on the economic and political status of the oil sands, and
future projections for growth and investment in the area.
AEM and ARA used the trade mission to publicly call on the State
Department to swiftly approve a permit for the Keystone XL pipeline,
which would carry oil from Canada to refineries in the U.S. Prompt
approval would create over 18,000 high-wage jobs in construction and
manufacturing while providing a stable supply of North American energy
to consumers.

Related links
www.aem.org
www.ararental.org