Category
Manufacturing
Michelin agrees to buy Quebec off road tire maker Camso for US$1.7 billion
Montreal – Michelin says it has reached agreement to purchase Quebec off-road tire maker Camso for about US$1.7 billion. The French-based tire giant says the acquisition will create the world’s largest off-the-road division. Camso, a privately held company based in…
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Machine learning technology make legacy assets smarter
Automate machine learning by creating a data pipeline from legacy equipment.
Bombardier stands to benefit from Chinese tariffs on U.S.
Montreal – Chinese retaliatory tariffs on U.S. products are expected to have mixed impacts on Canada’s agriculture sector but an aerospace analyst says Bombardier stands to gain from duties against U.S. small aircraft. Richard Aboulafia of the Teal Group says…
ABB completes acquisition of GE Industrial Solutions
ABB announced it has completed its acquisition of GE Industrial Solutions (GEIS), GE’s global electrification solutions business on June 30, 2018. The transaction was announced on September 25, 2017, and is expected to be accretive to operational EPS in the…
Enbridge Line 3 pipeline approval expected to ease Canadian oil price woes
Calgary – Canada’s oilpatch is eagerly anticipating higher prices and profits after Minnesota regulators approved Calgary-based Enbridge Inc.’s $9-billion project to upgrade its deteriorating Line 3 crude oil pipeline through the state. The replacement pipeline is to restore Line 3’s…
Bombardier and union reach new collective agreement for Toronto workers
Toronto – Bombardier says it has reached new three-year collective agreements with more than 2,100 production and office workers at its operations in Toronto. The contracts cover workers represented by Unifor Local 112 who work at Bombardier’s Downsview plant and…
Maple Leaf Foods buying poultry plants in Ontario and Quebec from Cericola Farms
Mississauga, Ont. – Maple Leaf Foods Inc. has signed an agreement to buy two poultry plants and associated supply from Cericola Farms, a privately held company. The plants are in Bradford, Ont., and Drummondville, Que., and together process a total…
Trump’s tariffs will be more painful for Canada than U.S.: economist
Toronto – The Trump administration’s tariff threats have the potential to drive companies currently operating in Canada out of the country, the president of a Canadian automotive association said Tuesday. The United States has already imposed tariffs on the steel…
Used equipment centre opens in Alberta
Edmonton – Finning Canada, a division of Finning International Inc., opened the doors of its first Used Equipment Centre in Acheson, Alta. just outside Edmonton on June 15. The facility offers access to every piece of used equipment in Finning’s…
Bombardier pouring millions into creation of GTA aerospace hub
Toronto – Bombardier says it will be pouring millions of dollars into various projects aimed at creating an aerospace hub in the Greater Toronto Area. The aerospace giant says the funding strengthens its partnership with a local consortium whose primary…
U.S. industrial production fell 0.1 per cent in May
Washington – U.S. industrial production slipped 0.1 per cent in May, primarily dragged by a drop in manufacturing caused by a major fire at a parts supplier for trucks. The Federal Reserve said that the manufacturing component of industrial production…
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Canadian manufacturing sector remains on shaky ground, says TD economist
Ottawa – Canadian manufacturing sales unexpectedly fell in April as sales in the petroleum and coal products and transportation equipment industries dropped. Statistics Canada said factory sales dropped 1.3 per cent to $56.2 billion in April, following two consecutive monthly…
Automakers improve quality for fourth consecutive year in ranking study
Costa Mesa, Calif. — New-vehicle quality has improved for the fourth consecutive year – by 4 per cent from 2017 – and has reached its best level ever, according to the J.D. Power 2018 U.S. Initial Quality Study (IQS). Initial…
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Process Industries Academy initiative support digital workflows in engineering and operations
Frankfurt (from ACHEMA, World Forum for the Process Industries) − Siemens’ Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems’ Bentley Institute to establish a Process Industries Academy that will support the companies’ joint vision…
2018 Manufacturing Leadership Awards program honours leaders of industry transformation
Santa Clara, Calif. – The 14th Annual Manufacturing Leadership (ML) Awards Gala, produced by Frost & Sullivan’s Manufacturing Leadership Council, announced the winners of the 2018 ML Awards at the Hyatt Regency Huntington Beach Resort and Spa where they were recognized…
Ramifications of a trade war: an expert look at the numbers for Canada
Ottawa – A new analysis of escalating trade disputes involving the United States warns that a deterioration into an all-out, global trade war would knock North America’s economies into recession. The report by Scotiabank said if the U.S. breaks all…
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MRO Supply Chain – using digitalization to streamline processes and decision-making
Sada Haque says that the journey to become pioneers in our business objectives will greatly depend upon data-driven strategies, rather than gut feelings.
Consortium introduces new field service advisor for Nova Scotia
Owen Sound, Ont. – Excellence in Manufacturing Consortium (EMC), a unique not-for-profit consortium serving and supporting Canada’s manufacturing industry, would like to advise its members, and community partners that after seven great years with EMC, Glenn Durnford, will be retiring…
U.S. steel tariffs prompt ADF to impose work sharing at Quebec plant
Montreal – ADF Group Inc. says uncertainty over U.S. steel tariffs reduced orders and prompted it to introduce work-sharing for employees at its Quebec plant. “Backlog growth is paramount to our success and unfortunately the uncertainty surrounding the steel import…
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Data as a practical problem solver
Maintenance optimization and reliability engineering in the age of digitalization.
