Daily News

New award will recognize outstanding projects by Ontario engineers

Toronto – A new award to recognize engineering projects and achievements was announced at the 2014 Ontario Professional Engineers Awards (OPEA) gala in November. The inaugural award will be presented in November 2015 with nominations...
Nov 25, 2014 8:19AM

Feds to invest $29 million in training and technology programs to aid southern Ontario's manufacturing industries

Mississauga, ON – The federal government has unveiled a $9-million program to help manufacturers in southern Ontario innovate, grow, create jobs and compete globally.
Nov 25, 2014 7:55AM

Cutting tools and fluids supplier adds tech rep

Toronto - Edward Das has been hired by Toronto-based Rotem Industrial Products Inc. to serve southwestern Ontario as a technical sales representative. He replaces Alex Balazsy, who has moved on to ChemArrow, one of Rotem’s suppliers....
Nov 25, 2014 5:35AM

Acquistion of UK-based business expands Timken roller bearing housed unit offering

North Canton, OH -- The Timken Company has reached agreement with ERIKS NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, UK.
Nov 18, 2014 9:29AM

Six unemployed people for every job vacancy in Canada

Ottawa – Statistics Canada today said Canadian businesses reported 234,000 job vacancies in August 2014, relatively unchanged compared with August 2013. There were 6.0 unemployed people for every job vacancy, little changed from 12 months...
Nov 18, 2014 9:03AM

Atlas Copco appoints new managers in Canada

Mississauga, ON – Michael Marion and Cormac Kerins have been appointed to new positions with Atlas Copco Portable Energy Canada. Marion has been named national business development manager and Kerins is now the product and business...
Nov 18, 2014 8:40AM

Understanding changing oil prices: November 2014 update

Ottawa – It’s becoming common knowledge that world oil prices have plunged more than 20% since June 2014, made evident by plummeting prices at the pumps at gas stations across North America. According to the Conference Board of...
Nov 18, 2014 8:30AM

Industrial power transmission distributors see rise in orders in third quarter

Chicago - The PTDA Business Index for the third quarter of 2014 (3Q2014) from the Power Transmission Distributors Association, a global association for the industrial power transmission/motion control (PT/MC) distribution channel, indicates...
Nov 18, 2014 8:29AM

Timken Co. opens new headquarters

North Canton, OH - Bearing manufacturer the Timken Company has completed its new headquarters after a $65-million expansion and renovation of its old research centre in Stark County, Ohio. Earlier this year, Timken spun off its steelmaking...
Nov 18, 2014 8:15AM

New fundraising record set by PTDA Foundation in 2014

Chicago - Industry support for the PTDA Foundation’s signature project, the Industrial Careers Pathway (ICP), reached record heights in 2014, surpassing all expectations, with a final total of nearly $310,000 (US). This was more than 50%...
Nov 18, 2014 8:13AM

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