Canada's future lies in advanced manufacturing: news report
- January 1, 2015
Manufacturing in Canada is far from dead and there are many examples of successful manufacturers to prove it, according to a recent National Post news story.
Pratt & Whitney Canada, ATS Automation, Laker Energy Products, Cycle Manufacturing and Noranco are cited as examples of manufacturers that have embraced advanced manufacturing technologies and witnessed significant growth in the past few years.
"It's so frustrating to hear pundits say manufacturing is dead when the reality is just the opposite," states Ian Howcroft, vice president, Canadian Manufacturers and Exporters (CME) Ontario, in the story. "It's still our largest sector. We have almost 800,000 direct jobs in manufacturing and about 1.5-million indirect jobs. We've seen a rebirth, particularly in the auto parts and aerospace sectors."
In fact, Howcroft notes in the National Post story that CME has seen "a huge increase in manufacturing output since the depths of the recession...That increase, along with investment to ensure global competitiveness, translates into retained jobs and more jobs for the future as the economy grows."
The story outlines advanced manufacturing sectors, including, nuclear, aerospace and tool and die. where companies has invested in new technologies such as manufacturing automation to grow their businesses.