Daily News

How disruptive technologies will affect the future supply chain

Shropshire, UK - A forecast of disruptive technologies in the pulp and paper supply chain has been released by Smithers Pira, Shropshire, UK. The new study identifies and profiles the top 25 disruptive technologies most likely to impact the...
May 22, 2013 11:13PM


Industrial wholesale sales remain flat

Ottawa - Wholesale sales advanced by 0.3% in March 2013 to $49.1 billion, according to Statistics Canada. The increase was mainly due to higher sales in the motor vehicle industry. Since May 2012, wholesale sales have been relatively flat.
May 22, 2013 11:11PM


Power transmission/motion control industry continues to forecast growth

Chicago, IL – The Power Transmission Distributors Association’s 1Q13 Business Index for the first quarter of 2013 produced a reading of 61.1, which represents a substantial increase over the previous quarter’s reading of 50.7....
May 22, 2013 5:40PM


Bearing supplier named one of World's Most Ethical Companies

Canton, OH - The Timken Company has earned a position on Ethisphere Institute's World's Most Ethical Companies list for the third time since 2010. Ethisphere is an international organization focused on the advancement of best practices in...
May 22, 2013 2:48PM


Maintenance association awarded Sector Initiative Funding in Ontario

Mississauga, ON – The Plant Engineering and Maintenance Association of Canada (PEMAC) has been awarded a significant grant by the Ontario ministry of Training, Colleges and Universities to invest in skills development initiatives in the...
May 22, 2013 11:29AM


Gearbox maker expands assembly facility

Maysville, KY – Gearbox manufacturer Stober Drives Inc. has added a 50,000 square foot building to its Maysville, KY, campus. “We believe in unsurpassed customer service support, including fast delivery,” said Peter Feil,...
May 22, 2013 9:24AM


Electrical component supplier moves to stage two of Canadian expansion

Montreal – Harting Canada Inc. has named Randolph Froude to the new position of area sales manager for Ontario and Western Canada, as part of the second stage in the company’s plan to establish a strong sales presence in the...
May 22, 2013 7:20AM


Index of industry profitability continues to rally

Ottawa - The Leading Indicator of Industry Profitability Index advanced 0.2% in April 2013, pointing to modest corporate profit growth in the near term, according to the Conference Board of Canada. Persistent strength in sectors such as retail...
May 13, 2013 8:33PM


Timken acquires Saskatchewan gearbox firm

Saskatoon, SK - Standard Machine of Saskatoon, SK, has been acquired by the Timken Company of Canton, OH.
May 13, 2013 8:27PM


Index of machinery and equipment rental and leasing declines

Ottawa – Statistics Canada reports that its Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index was down 0.8% in the fourth quarter of 2012 from the previous quarter. It was the first decline since...
May 13, 2013 11:34AM


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