Category
Machinery and Equipment Maintenance
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Volkswagen’s new CEO promises a more ethical culture
Frankfurt – Volkswagen’s new CEO, Herbert Diess, has vowed to build a more ethical culture after the company’s diesel emissions scandal and outlined a new structure aimed at streamlining decision-making at the sprawling company. Diess said Thursday at the shareholder…
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Lear Ajax workers to vote on tentative deal amid uncertain future for plant
Toronto – Unifor says it has reached a tentative agreement for workers at the Lear Corp. automotive seat manufacturer in Ajax, Ont., but the future of the facility is uncertain after the company said this week it would close the…
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Bombardier selling Downsview property for $635 million, reports results
Montreal – Bombardier Inc. has signed a deal to sell its Downsview property in Toronto for $635 million to the Public Sector Pension Investment Board. Under a lease agreement, Bombardier will continue to operate from Downsview for up to three…
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Canadian buyers dominate at equipment auction
Edmonton – Last week Ritchie Bros. conducted its largest Canadian auction of the year, selling CA$207+ million (US$161+ million) of equipment over five days in Edmonton, AB. The April 24 – 28 auction attracted more than 14,000+ bidders from 59…
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World leader in engineered bearings and mechanical power transmission reports organic growth
North Canton, Ohio – The Timken Company, a world leader in engineered bearings and mechanical power transmission products, today reported first-quarter 2018 sales of $883.1 million, up approximately 25 percent from the same period a year ago. The increase was…
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Harting Roadshow Truck visits Alberta, British Columbia in May, Central Canada in July
Montreal – Harting’s Roadshow, a mini-tradeshow on wheels, will be visiting customer locations in Alberta and British Columbia next month. The truck will be in British Columbia from May 14-18, then cross over the Rockies to Alberta from May 22-25.…
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Mining our own business
In the April issue of Machinery and Equipment MRO, we zoom in on the resource sector with a special emphasis on mining. Sectors such as mining, oil & gas and power lean heavily on asset integrity management services to ensure…
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New Ontario territory sales manager for Harting
Montreal – Peter Hanna, Harting’s new Territory Sales Manager for Ontario, is leveraging an extensive background in HVAC design and sales to help customers adopt the company’s industrial connectivity, edge computing and other advanced solutions. His appointment enhances the company’s…
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PTDA 2018 Leadership Development Conference is proactive on goal-setting
Chicago, Ill. – Dozens of future leaders in the power transmission/motion control industry engaged in a mix of education and interactive exercises and took home powerful tips and strategies from facilitator Matt Mayberry during the PTDA 2018 Leadership Development Conference.…
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RotoPrecision achieves master distributor status in Canada
Mississauga, Ont. – RotoPrecision, a distributor for numerous world-class manufacturers of precision-engineered components, announced that it has achieved MAC approval and is now a fully authorized Motovario Assembly Centre in Canada. “This is an exciting time for us,” commented Gregg…
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Heavy equipment manufacturer reports significant increase in profit per share in Q1
Deerfield, Ill. — Caterpillar Inc. announced first-quarter 2018 sales and revenues of $12.9 billion, compared with $9.8 billion in the first quarter of 2017. First-quarter 2018 profit of $2.74 per share was a first-quarter record. Profit was $0.32 per share…
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Saskatchewan introduces law to allow control of oil, gas exports
Regina – The Saskatchewan government has introduced legislation that would allow the province to control its oil and gas exports, similar to a bill recently tabled in Alberta. Once passed, the law would establish a permitting process for people or…
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Innovative manufacturer Verbom increases productivity
Sherbrooke, QC – The governments of Canada and Quebec have granted nearly $11 million in financial contributions to Verbom to support an investment project at its sheet metal processing plant in Sherbrooke. The project will help create around 100 jobs…
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Manufacturing sector sales grew in February
Ottawa – Statistics Canada says manufacturing sales grew 1.9 per cent to $55.8 billion in February, boosted by the transportation equipment industry. The increase in factory sales, an indicator of strength in the economy, came after two consecutive monthly decreases.…
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Find Your Bearings
How a heavy-duty engineer became industry’s go-to guy.
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Rule of Twos – Factors that influence the job of lubrication
Applying a simple troubleshooting method can get you to the appropriate amount of lubrication needed for a bearing.
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Timken increases Outlook for 2018
North Canton, OH – The Timken Company, a world leader in engineered bearings and mechanical power transmission products, announced that it is increasing its sales and earnings outlook for 2018. “We’ve had a strong start to 2018, with shipments and incoming…
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Manufacturing technology orders show continued strength in 2018
U.S. manufacturing technology orders for the first two months of 2018 climbed 27 per cent higher than the same period in 2017 signalling continued strength in the recovery initiated in June 2017, according to the latest U.S. Manufacturing Technology Orders…
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U.S. cutting tool sales show growth
February U.S. cutting tool consumption totalled $190.12 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up…
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Kubota Canada Ltd. announces the construction of a new facility in Pickering, Ontario
Markham, Ont. – Owing to its growing success in Canada, Kubota Canada Ltd. will be moving its operations to a new facility located in Pickering, Ont., by the end of 2019. As part of KCL’s ongoing commitment to deliver high-quality…
