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Karen L. Larson brings leasing message to China, accepts industry leadership position promoting international leasing initiatives
Superior, CO – October 20, 2005 – In keeping with the company’s commitment to providing the best equipment financing solutions and client service to its customers worldwide, Key Equipment Finance today announced that Karen L. Larson, president and chief operating officer of the company’s global vendor services unit, will speak about equipment leasing at a business symposium in China on November 3.
Larson’s presentation, “Financing Options for the Printed Wiring Boards Industry,” will provide an overview of equipment financing to approximately 75 business leaders from around the world at the Orbotech bi-annual customer symposium, to be held in Kunming, China November 2-4. Orbotech is a world leader in providing yield-enhancing production support solutions for specialized applications in the supply chain of the electronics industry, principally for printed circuit boards and flat panel displays.
Key Equipment Finance is the primary leasing partner of Orbotech. Larson’s presentation will help educate Orbotech’s multinational and local Asian clients about the benefits of leasing printed circuit board equipment and the financing options available to them.
“China and the rest of Asia are some of the most important markets in the world for any company wanting to be part of the global economy. We welcome the opportunity to help educate businesses with a presence in Asia about equipment leasing,” said Larson. “We consider the companies we work with to be best-in-class and true partners. We are committed to helping vendors like Orbotech make it as easy as possible for customers worldwide to obtain their products.”
Further demonstrating her role as a leader in the international leasing industry, Larson has accepted the position of chairperson of the Equipment Leasing Association’s (ELA) International Committee. The International Committee is responsible for promoting international leasing among ELA’s 800 member companies. Key Equipment Finance is the equipment leasing unit of KeyCorp (NYSE: KEY) and the nation’s third-largest bank-held equipment leasing company.
About Key Equipment Finance
Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:
- businesses of all sizes in the U.S. and Canada (from small business to large corporate);
- equipment manufacturers, distributors and value-added resellers worldwide;
- federal, provincial, state and local governments as well as other public sector organizations; and
- lease advisory services for manufacturers’ captive leasing and finance companies.
Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $12.6 billion equipment portfolio with annual originations of approximately $5.7 billion. The company has major management and operations bases in Toronto, Ontario; Albany, New York; Chicago, Illinois; Houston, Texas; London, England; and Sydney, Australia. The company, which operates in 26 countries and employs 1,100 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $93 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.
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