‘It’s hell out there,’ company CEO says
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Hey there, time traveller!
This article was published 23/03/2011 (5491 days ago), so information in it may no longer be current.
EVEN though New Flyer just reported its worst quarterly result in more than five years, CEO Paul Soubry kept his commitment to speak at the province’s annual manufacturing industry conference Tuesday.
With his company’s stock taking a thrashing, Soubry said, “It’s hell out there,” then proceeded to captivate an audience of more than 200, speaking on how New Flyer’s corporate culture has been transformed.
His presentation was one of several events at the conference, including a competition of 10 high school teams who built hovercraft and drafted business plans as part of a growing outreach program to educate students on the opportunities in manufacturing.
The province’s manufacturing sector has been recognized for its resilience during the latest recession and one official with the Manitoba division of the Canadian Manufacturers and Exporters (CME) said the mood is more optimistic than in recent years.
One of the keynote speakers was Earl Fry, professor of Canadian studies at Utah’s Brigham Young University and author of Lament for America: Decline of a Superpower.
He spoke about the challenging state of the U.S. economy and suggested the United States could learn from Canada about global trading.
— Martin Cash