Daily News

All industries post decreases in prices of machinery and equipment purchased in second quarter

Ottawa – Statistics Canada reports that its Machinery and Equipment Price Index (MEPI) decreased 0.7% in the second quarter of 2014 compared with the previous quarter. The import component was down 1.0% over the period, while the domestic...
Aug 26, 2014 4:25AM

Wholesale sales rose 13.1% in Newfoundland and Labrador in June; overall, inventories are on the upswing

Ottawa - Wholesale sales rose 0.6% to $53.0 billion in June 2014, a third consecutive increase, reports Statistics Canada. Gains in five subsectors, which together represented 69% of wholesale sales, more than offset a decline in the motor...
Aug 25, 2014 1:37PM

Power transmission/motion control industry saw growth in new orders in second quarter

Chicago, IL - The PTDA Business Index for the second quarter of the year (2Q2014) indicates strong growth in both business activity and new orders. From 1Q2014 to 2Q2014, business activity increased 12.7% (from 67.7 to 76.3) and new orders...
Aug 21, 2014 5:30PM

PTDA opens registration for its 2014 Industry Summit in Orlando

Chicago, IL - The Power Transmission Distributors Association (PTDA) will hold its 2014 Industry Summit Oct. 22-25, 2014, at the Hilton Orlando Bonnet Creek in Orlando, FL. More than 550 delegates, representing 240 PTDA distributor and...
Aug 21, 2014 5:22PM

Infrequent audits among 18 factors that led to Lac-Megantic rail disaster

Lac-Megantic, QC — The Transportation Safety Board of Canada says many factors contributed to the Lac-Megantic train derailment in 2013, including lax safety measures at the company that owned the runaway train.
Aug 19, 2014 12:12PM

All BC mines ordered to conduct safety inspections by December

Vancouver — The British Columbia government has ordered every mining operation in the province to conduct safety inspections following a massive tailings pond breach at a gold and copper mine.
Aug 19, 2014 12:10PM

Lack of communication, planning stunts MRO material management: Survey

Radnor, PA – Lack of planning and tracking of inventory, poor communications among company divisions, and underutilized or non-existent technology are among the core elements holding back manufacturers, educational and medical...
Aug 19, 2014 10:52AM

Lube Basics seminars set for four Ontario locations

Mississauga, ON - Automatic greasing systems specialist FLO Components Ltd. has announced the schedule for its 2014-2015 Lube Basics Seminars. Scheduled cities in Ontario will include Kitchener, Mississauga, Sudbury and Thunder Bay.
Aug 19, 2014 5:05AM

US factory output jumps 1% in July

Washington - US factory output rose for the sixth consecutive month in July 2014, led by a jump in the production of motor vehicles, furniture, textiles and metals.
Aug 18, 2014 2:09PM

For highest salary increases in Canada, look to the oilpatch

Calgary - For the biggest pay hikes in Canada, look no further than the oilpatch. A new survey by Mercer, a global consulting firm, says the energy sector is leading the country in both actual and projected salary increases.
Aug 18, 2014 1:18PM

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