Wells Fargo 2010 Annual Report Download - page 15

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
Canada connection
Custom Molders Group had a challenge. The
NewJersey-based company supplies millions
of plastic packaging components for major candy
makers. Four years ago, the business opened
aplant in Canada, but its bank of 30years—
Wachovia—didn’t o er cross-border fi nancing, so
the business had to turn to a new lending partner.
Then the merger with WellsFargo happened
and a new option opened. GlennLoh(center),
CMG’s chief fi nancial o cer, worked
with his business relationship manager at
WellsFargo, RobertMaroney(right), as well
as MichaelDonoghue(left) to tap a unique
WellsFargo equipment fi nancing unit based
in Canada represented by KarlLibonati. That
meant Loh’s Custom Molders Group could keep
its fi nances as simple as possible and with its
longtime trusted fi nancial provider. “We’re
arelationship-based business, and now we’re
standing by CMG in a new way as it continues
togrow,” said Maroney.
“We’re a
relationship-based
business, and now
we’re standing by
CMG in a new way
as it continues
togrow.”