St. Catharines-based employer AEC acknowledged as considered one of Canada’s Finest Managed Corporations

St. Catharines-based employer AEC acknowledged as considered one of Canada’s Finest Managed Corporations

In response to rising applied sciences, in addition to market tendencies and world occasions, automakers must be agile and fast to transition and AEC is right here to assist with that fixed state of flux.

AEC is a worldwide automotive options supplier that facilitates the method of getting new autos prepared and authorised for international markets. As a result of each nation has barely completely different necessities, “There is a necessity to work with companions that permit them to get these autos to market in time, ensuring finish clients can get entry to their favourite automobile fashions all over the place,” says Andrew Pilsworth, AEC’s CEO and founder.

AEC homologates autos for various jurisdictions and handles distribution, gross sales and advertising, and components and equipment providers to carmakers and automotive corporations world wide. And when you might not have heard of AEC till now, the agency was lately acknowledged by Deloitte Canada as considered one of Canada’s Finest Managed Corporations in 2022, which honours best-in-class Canadian-owned firms with revenues over $50 million.

St. Catharines-based employer AEC acknowledged as considered one of Canada’s Finest Managed Corporations

Andrew Pilsworth based AEC in 1996 with a pair hundred {dollars} of capital. The corporate now boasts a presence world wide and employs greater than 225 automotive specialists, serving greater than 550 sellers and companions. Certainly one of their main companions is Stellantis, one of many greatest OEMs worldwide, with a number of automobile manufacturers like Chrysler, Dodge, Fiat, Jeep, Maserati and RAM, beneath their roof. About 50 employees work in Canada, centred within the GTA and the corporate’s international headquarters in St. Catharines.

Pilsworth began the corporate as a result of he noticed a must standardize the worldwide car-buying expertise. Again in 1996, he says, the worldwide commerce for automotive was like a flea market, the place it was “purchase at your personal threat.”

Now, the corporate is offering an entry level to markets which are in any other case not cost-competitive. The enterprise mannequin has proved profitable. The corporate skilled 46 per cent income progress in 2021, partially due to its agility and talent to pivot rapidly throughout the pandemic when the auto business was reeling, Pilsworth recounts.

However a lot of the success additionally comes all the way down to his management and administration model. His ardour for values-based management shines by way of in dialog. “If in case you have an concept and you do not have cash, you solely have your self and what you consider in, then that turns into your management model,” he says.

Pilsworth began out as a rowing coach, coaching athletes corresponding to native Olympic Gold medalist Kristin Package, and has introduced that very same management model that comes from teaching skilled rowing athletes to his crew at AEC.

“It appears extremely easy, however should you perceive that on the finish of day it is all about folks, and should you deal with folks with professionalism, with respect, with kindness, and this varieties your core, and also you construct a crew round this, you will have one thing fairly unbelievable.”

Pilsworth is deeply touched by the Finest Managed Corporations award AEC obtained earlier this 12 months, “Over the previous 26 years, AEC has come a good distance. By business setbacks and market modifications, we caught to our core values and let these information us as we endeavor to search out higher methods for our clients and companions. It doesn’t matter what’s thrown our manner, the AEC crew stays genuine and embraces adaptability, progress, kindness, management, professionalism, and reliability, and we’ve thrived because of this. I’m extremely happy with my crew for his or her assist and dedication, and it’s nice to see all our exhausting work acknowledged with this award.”

Buoyed by the popularity, and backed by many years of worldwide experience, Pilsworth says AEC is trying to the long run. The corporate is completely positioned to assist automobile producers within the swap to electrical powertrains as a result of it has experience, greater than 25 years’ expertise and international presence. “That is probably the most important change in automotive that anybody has ever seen for the reason that horse and buggy. By 2030 or 2035, principally all OEMs should convert all their autos, all of the powertrains, to electrical,” he says. “The options that we offer our companions will permit them to enter new markets with their autos quicker, extra affordably, and compliant whereas sustaining their desired buyer expertise.”

Disclaimer This content material was funded and authorised by the advertiser.