How to resolve AdBlock issue? Higher production boosts Canadian manufacturing capacity utilization rate
- Details
- April 14, 2022
The capacity utilization rate (not seasonally adjusted) for the total manufacturing sector rose from 73.7% in January to 76.9% in February on higher production, Statistics Canada records indicate.
The capacity utilization rate increased in 14 of 21 industries in February and was particularly noticeable in the transportation equipment (+10.6 %) sector. Higher production of motor vehicles and motor vehicle parts contributed to the increase in capacity utilization of transportation equipment.
Other sectors of relevance to metalworking that posted positive capacity utilization gains include: durable goods (+4.4%); primary metal manufacturing (+1.0 %); fabricated metal manufacturing (+0.3%); machinery manufacturing (+3.3%); and furniture and related product manufacturing (+8.9%).
Chris Harris is the new Canadian Sales Manager for MC Machinery Systems Canada.
What are the biggest trends affecting the additive manufacturing materials market?
German tooling manufacturer Walter AG has reached an agreement to acquire the Ohio-based Melin Tool Company, a privately-owned manufacturer of solid carbide and HSS end mills, drills and countersinks.
Canadian manufacturers are embracing digital technologies according to a new Business Development Bank of Canada (BDC) study, "Industry 4.0: The New Industrial Revolution - Are Canadian manufacturers ready?"with close to 40 per cent of Canadian manufacturing businesses have started to implement digital projects.
Western Canada is finally getting some good economic news: Alberta and Saskatchewan are expected to emerge out of recession and lead the provinces in economic growth in 2017, according to the Conference Board of Canada's Provinical Outlook: Spring 2017.
More than 2,000 manufacturers from across North America attended Mazak Corp.’s Discover 2019 event held November 5-7 and 12-13 at the company’s North American manufacturing headquarters in Florence, KY.
Nova Bus has launched the LFSe+, its newest fully electric bus.
The Ontario government has launched a $40 million Advanced Manufacturing and Innovation Competitiveness (AMIC) program to help job shops “get the tools, technology and talent they need to grow, compete and innovate.”
The Skills Ontario Competition was held May 2 and 3 in Toronto. Secondary and post secondary students competed to be the best of the best in skilled trades, including welding and CNC machining. Read more abou tthe winners here. Here's a look at the winners.
Red River College in Manitoba has received two federal grants totaling nearly $2 million for applied research in aerospace, manufacturing, and sustainable building technology.
International students are increasingly setting their sights on Canada, according to a report by RBC Economics.
Stelco is entering the growing electric vehicle battery recycling market.
NTC Laser and Komatsu America Industries LLC are joining forces in North America. Both companies are subsidiaries of Komatsu America Corp., based in Rolling Meadow, IL. Going forward, Komatsu America Industries LLC/NTC Laser will become the sole source for all laser products in North America.
Influential auto-industry forecaster S&P Global Mobility is significantly lowering its global light vehicle production outlook for the year due to ongoing supply chain challenges exacerbated by the Russian invasion of Ukraine.
Wilson Tool International, White Bear Lake, MN, has changed the name of Exacta Precision and Exacta FabTool to Wilson Tool Canada.
