IPP&T Magazine Online

News

NewsArticles & newsNews

Russel Metals acquires outstanding shares of City Pipe

August 19, 2019

Toronto-based Russel Metals Inc. has entered into a stock purchase agreement to acquire all the outstanding shares of City Pipe & Supply Corp. for approximately $160 million. “City Pipe & Supply is both a strategic and cultural fit that affords us

NewsArticles & newsNews

Gearless-drive system the future of drive technology?

August 19, 2019

One company has developed a gearless-drive system that can significantly improve the efficiency and performance of electric cars, vehicles, ships, wind turbines, bicycles and machines. The system ensures that all machines and vehicles will no longer require gears and oil;

NewsArticles & newsNews

MgO Systems creates new advisory board, announces new VP of business development

August 19, 2019

One Calgary, Alta. prefab construction company is defining success with the creation of an advisory board. MgO Systems Ltd., a growing North American company in prefabricated construction technologies and magnesium oxide based engineered wall systems, has announced the promotion of

NewsArticles & newsNews

Usimax receives $800,000 in federal funding for CNC machinery

August 16, 2019

Ottawa has announced an $800,000 non-repayable contribution to Usimax Inc., to increase its productivity by acquiring and implementing specialized CNC (numerical control) machinery. Located in Saint-Georges (Beauce) in the Chaudière-Appalaches region, Que., Usimax will also be able to manufacture ultra–high precision ground gears for heavy power

NewsArticles & newsNews

New transmission line to bring green power to Labrador mining sector

August 16, 2019

Ottawa today announced funding for a new power transmission line and terminal station in Menihek, western Labrador. “It’s great news for Labrador that a new transmission line is being constructed to support the mining industry, offset reliance on diesel, and contribute to a

NewsArticles & newsNews

Industry applauds move to full producer responsibility for plastics, printed paper and packaging

August 16, 2019

Industry players are applauding the Ontario Ministry of the Environment, Conservation and Parks (MECP) announcement of the transition to full producer responsibility for Ontario’s blue-box recycling system. “The Canadian Beverage Association supports the move to full producer responsibility. We share the Government

NewsArticles & newsNews

Stelco facility upgrades receive a helping hand

August 15, 2019

Ottawa has announced a $49.9-million investment in Stelco to support a $412-million project that will create 75 jobs and maintain 2,200 more in Ontario. This investment will enable Stelco to upgrade its facilities in Hamilton and Lake Erie, Ontario, to modernize its steel production lines, improve its ability to supply customers

NewsArticles & newsNews

Federal funding to boost processing capabilities

August 15, 2019

Ottawa has announced $747,542 in support of Quebec dairy processor La Fromagerie Champêtre Inc. The investment, made through the Dairy Processing Investment Fund (DPIF), will help to produce new specialty cheeses and improve its product quality and production capacity through the purchase of

NewsArticles & newsNews

Flowrox acquisition in Finland strengthens automation expertise

August 14, 2019

Flowrox Oy, a leading manufacturer of industrial valves and pumps based in Lappeenranta, Finland, has acquired Polar-Automaatio Oy, a Finnish company specialising in the design, overall delivery and maintenance of industrial automation systems. The acquisition strengthens Flowrox’s automation expertise and

NewsArticles & newsNews

Ottawa commits $2.5M for East Coast apple processor

August 13, 2019

Ottawa announced nearly $2.5 million in federal funding for the purchase and installation of advanced apple processing technologies to enable one East Coast company to increase capacity and improve efficiency. “Ocean Crisp Apple Company is pleased to promote Maritime grown apples. Nova Scotia’s climate