Ottawa — Perrin Beatty, president and CEO, Canadian Manufacturers & Exporters (CME) and Larry Barrett, chairman, Machinery and Equipment Manufacturers Association of Canada (MEMAC), have confirmed that effective May 1, 2001, MEMAC will become part of CME.
Beatty said MEMAC’s decision to join CME "confirms CME’s position as the preeminent business organization representing Canadian manufacturers and exporters. The merger will add momentum to our association’s activities and will benefit both MEMAC’s current members and CME’s member companies."
Barrett, who is also President of Emerson Electric Canada Limited, noted that networking, learning and business development have always been MEMAC strengths and "this will only increase because now our members will be able to take advantage of CME’s greater size, its geographic reach across Canada and its many programs, activities and events."
Under the terms of the merger MEMAC member companies will become members of CME and will retain their association identity though a separate council within CME.
MEMAC was founded in 1955 to represent Canada’s $18 billion machinery and equipment industry.