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Understanding the Internet of Things and its potential for predictive maintenance

Source: Daily News | 2014-11-07
Orlando, FL - This year’s GE Intelligent Platforms user group meeting theme was ‘Making the Industrial Internet Real’, and the dominant proof point was how the Internet of Things (IoT) is improving asset performance. Held in...

ABB recognized as a Top 100 Global Innovator with several new product developments

Source: Daily News | 2014-11-07
Zurich, Switzerland – ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year. This award acknowledges companies around the world for their outstanding commitment to global innovation,...

Automaker welcomes grade nine students for Take our Kids to Work Day

Source: Daily News | 2014-11-06
Oshawa, ON – GM Canada opened its doors to welcome grade nine students participating in the Take Our Kids To Work Day program. GM Canada has been part of the program for more than 10 years, and in 2014 nearly 160 students experienced...

MainTrain maintenance conference comes to Niagara in November

Source: Daily News | 2014-10-22
Niagara Falls, ON – The 2014 MainTrain maintenance and reliability conference organized by the Plant Engineering & Maintenance Association of Canada (PEMAC) will take place Nov. 17-20 at the Sheraton on the Falls Hotel, Niagara Falls,...

40 of 49 industries optimistic about outlook for profitability

Source: Daily News | 2014-10-09
Ottawa - The short-term profitability outlook continued to improve in September 2014, with the Leading Indicator of Industry Profitability increasing to 107.9, up from a revised 107.7 in August. The top-line index overcame weaker commodity...

New equipment energy retrofit program launched in Ontario

Source: Daily News | 2014-10-08
Toronto - The Ontario Power Authority (OPA) has made updates to the saveONenergy Retrofit Program that provide additional financial incentives for Ontario businesses to reduce energy used by lighting, heating, ventilation and air conditioning...

'Bash Bug' cyber threat could hit factories, power plants

Source: Daily News | 2014-09-26
New York — Internet security experts are warning that a new programming flaw known as the 'Bash Bug' may pose a serious threat to millions of computers and other devices such as home Internet routers. Even the systems used to run factory...

Building a business case for training in skilled trades

Source: Daily News | 2014-09-26
Ottawa – There is a business case that supports investment by skilled trades employers in essential skills training, according to a report released by the Canadian Apprenticeship Forum – Forum canadien sur l’apprentissage...

SKF invests in new technical center in US

Source: Daily News | 2014-09-10
Gothenburg, Sweden - SKF plans to build a new 12,100 sq m (130,000 sq. ft.) facility in the greater Chicago area. The Global Technical Center Americas (GTCA) will reinforce SKF’s strategy to have these centers near its important customers...

SKF appoints new president and CEO to succeed Tom Johnstone

Source: Daily News | 2014-09-05
Gothenburg, Sweden -- Tom Johnstone has decided to step down as president and CEO of SKF on 1 January 2015. He will be succeeded by Alrik Danielson, who has been president and CEO of Höganäs AB since 2005.