Industry
Metals
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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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Canada is moving in to protect the industry in accordance with international rules
Montreal – The Canadian government announced new measures to prevent transshipment and diversion of metal in Canada. “This announcement demonstrates Canada’s leadership and commitment to the integrated North American aluminium supply chain, which benefits both Canada and the United States.…
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Ritchie Bros. introduces Marketplace-E, a new way to buy and sell equipment
Vancouver – After a soft launch in late 2017, Marketplace-E is being introduced by Ritchie Bros. as its latest buying and selling solution. Complementing the company’s onsite unreserved auctions and online-only auctions through IronPlanet, Marketplace-E offers sellers increased control over…
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Pace of U.S. factory growth slipped in March
Washington – U.S. manufacturers say they expanded at a slower pace in March. The Institute for Supply Management, a trade group of purchasing managers, reports that its manufacturing index slipped to 59.3 last month from February’s reading of 60.8, which…
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Trump’s new senior economic adviser on NAFTA doesn’t mince words
Washington – U.S. President Donald Trump has appointed a blunt-talking booster of trade with Canada as his top economic adviser, giving the northern neighbour a high-profile new advocate at a sensitive moment in Canada-U.S. relations. Larry Kudlow is pro-NAFTA and…
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A Montreal company is fined after a worker is struck by metal
A Montreal-based company that manufactures and distributes commercial roofing products has been fined $60,000 after a worker suffered injuries after a cutting tool caught on a piece of copper that then struck the worker. On May 31, 2016, a worker…
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Trudeau says ending tariff exemptions for Canadian steel would hurt U.S. economy
Sault Ste. Marie, Ont. – Justin Trudeau is telling steel workers in Sault Ste. Marie, Ont., that it makes no sense for the U.S. to reverse its decision to exempt Canada from trade tariffs on steel and aluminum. The prime…
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Trudeau to kick off tour of steel and aluminum factories in Quebec
Ottawa – Prime Minister Justin Trudeau is kicking off a tour of aluminum and steel factories today with a visit to Quebec’s Saguenay region. The prime minister will meet with both bosses and union leaders at a Rio Tinto aluminum…
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Permanent tariff exemption needed for Canadian steel, aluminum: Steelworkers
Toronto and Montreal – Canada’s steel and aluminum producers must be permanently exempted from U.S. tariffs, the United Steelworkers (USW) says. “The evidence is clear and overwhelming. Canadian steel and aluminum exports are not part of the problem that the…
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Canada dodges tariff bullet – for now
Washington – Canada appears to have dodged a protectionist bullet, as one of only two countries to receive a provisional exemption from steel and aluminum tariffs set to rip into America’s trading relationships around the globe. President Donald Trump signed…
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Trump tweets that steel, aluminum tariffs stay unless there’s a new NAFTA deal
Washington – President Donald Trump began the week by issuing a pair of early-morning tweets that say American tariffs on imported steel and aluminum will only come off if there’s a new NAFTA agreement that’s fair to the United States.…
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Trump tariffs on steel, aluminum ‘unacceptable’
Barrie, ON – Prime Minister Justin Trudeau is calling Donald Trump’s plans for whopping tariffs on steel and aluminum imports an “unacceptable” move that will have “significant and serious” economic ramifications on both sides of the Canada-U.S. border. Trudeau, however,…
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Q&A: How Trump’s tariffs could affect people and companies
Washington – President Donald Trump’s vow Thursday to slap tariffs on imported steel and aluminum spooked investors, raised fears that other nations would punch back with their own sanctions and threatened to raise prices for U.S. consumers and companies that…
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Defunct mine fined in worker deaths
The Ontario government says a now-bankrupt mining company has been fined $1.3 million in connection with the deaths of two workers in 2014. The Ministry of Labour says First Nickel Inc., was convicted of six charges under the province’s Occupational…
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Rising prices and production boost Stelco earnings in first report since IPO
Hamilton – A restructured Stelco Holdings Inc. is benefiting from rising steel prices and on the hunt for acquisitions, chief executive Alan Kestenbaum said Thursday. “Our initiatives to increase production and expand margins are starting to deliver the intended results,”…
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MineSense announces major investment from Mitsubishi Corporation
Vancouver – MineSense Technologies announced today that it has entered into an agreement for a US$ 4million investment from Mitsubishi Corporation. “Our partnership with Mitsubishi Corporation will help accelerate the development of our digital offering, while better positioning us to…
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New funding available from CTMA for CNC machinist training
If your operation or facility has existing employees interested in learning CNC Machining, the Canadian Tooling & Machining Association can help. CTMA invites advanced manufacturing companies to participate in its CNC Machinist Program. Among the benefits of the program, CTMA…
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Quebec aluminum smelter lockout comes at perilous time, says industry
Montreal – The lockout of workers at a Quebec aluminum plant comes at a perilous time for the Canadian industry because of uncertainty over the future of NAFTA and slowing U.S. demand, says the head of Canada’s aluminum trade association.…
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Metal parts manufacturer products fined, worker injured at brake press
Brampton, ON – M & P Tool Products Inc. pleaded guilty in court and received a fine of $80,000 after a worker suffered permanent injuries while operating a machine. M & P Tool Products produces metal parts which are used…
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ArcelorMittal Long Products Canada inaugurates finishing line at Longueuil bar mill
Longueuil, QC – After 18 months of work, ArcelorMittal Long Products Canada today inaugurated a new finishing line at its bar mill in Longueuil, Québec. Representing a $27 million (CAD) investment, this innovative equipment will increase the facility’s annual rolling…
