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Beckhoff honoured with EMEA Supplier Award

December 11, 2019

The relationship that has existed between Canadian machine manufacturer Husky Injection Molding Systems and control system supplier Beckhoff for roughly 20 years is a rarity these days, and Husky recently underscored this by honouring Beckhoff with its EMEA Supplier Award

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A century of automaking ends in Oshawa next week

December 11, 2019

A 100-year history of auto assembly in Oshawa will end next week, as GM officials have confirmed that the last vehicle will roll off the line sometime during the week of Dec. 16. “The Oshawa Assembly plant will transform into

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Three countries set to sign new NAFTA deal today

December 11, 2019

An agreement has been reached on a North American free trade deal, with all three countries set to sign the agreement today. Deputy Prime Minister Chrystia Freeland will take part in a meeting and signing ceremony with U.S. trade czar

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Loonie looks to weaken in 2020 as economy struggles

December 10, 2019

The Canadian dollar’s performance this year stunned many, but strategists are not expecting a repeat in 2020 — casting doubt on its run as one of the best major currencies. According to Bloomberg News, just last week, the nation’s central

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Solvay to supply high-performance thermoplastic film to Safran

December 9, 2019

Solvay has signed an agreement with Safran to supply Halar ECTFE high performance film for its LEAP engine acoustic panels. “Solvay is a longstanding and trusted partner of Safran, delivering advanced composite material solutions for both our aircraft engines and nacelle

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U.S. House Democrats closer to signing new NAFTA deal

December 9, 2019

House Democrats and U.S. Trade Representative Robert Lighthizer are nearing a deal to pass a revised version of the United States-Mexico-Canada Agreement (USMCA), the Wall Street Journal reported late on Sunday, citing people familiar with the matter. “We are very,

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November job numbers take unexpected hit

December 9, 2019

The Canadian job market lost a surprise 71,200 net positions in November while the unemployment rate rose to 5.9 per cent, the highest in more than a year, as analysts said a repeat of the weak numbers could force the

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Pepperl+Fuchs Control, Callisto partner on IoT manufacturing solutions

December 5, 2019

Pepperl+Fuchs Comtrol and Callisto Integration have announced a strategic partnership that will enable manufacturing companies to quickly deploy solutions that deliver visibility and control of their manufacturing operations. “Customers increasingly depend on immediate data to react to or avoid production

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Bombardier to build aircraft manufacturing plant near Pearson

December 5, 2019

Bombardier Inc. has started preliminary work on a $350-million manufacturing facility after signing a decades-long lease with the Greater Toronto Airports Authority to build its flagship private jets on airport land. The Montreal-based plane and train manufacturer on Wednesday announced

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Centamin rejects Endeavour Mining takeover bid

December 3, 2019

Gold miner Centamin Plc has rejected a $1.9 billion all-stock takeover proposal from Canada’s Endeavour Mining, saying it did not offer enough value to Centamin shareholders. “The terms of the proposal provide comparatively greater benefit to Endeavour’s shareholders, do not