Investissement Quebec announces funding for APN Global and LiggoClick image to enlarge

Investissement Québec’s Productivity Innovation Initiative has announced a $7.5 million loan to aerospace supplier APN Global and Liggo, a startup that develops production management technology.

The repayable loan will support APN as it continues to automate its processes and implement Liggo’s shopfloor-to-cloud monitoring and management software. It will also help Liggo continue its development with manufacturing SMEs.

This loan is in addition to financial assistance already granted by Investissement Québec, and brings the total assistance to $20 million.

“This is a major step in the goal of increasing the productivity of Québec companies and promoting economic recovery, while supporting Québec technology startups,” Investissement Québec said in announcing the loan.

Additional financial support of $132,122 granted by the Ministry of Labour, Employment and Social Solidarity will enable APN to create or maintain 159 jobs over the next three years.

Photo: (from left) Jean-François Talbot, Investissement Québec regional director, National Capital Region, Lucie Lecours, minister responsible for the economy, Liggo general manager Antione Proteau and APN president Yves Proteau. Photo Investissement Québec.

Read the full announcement.

Modest growth in manufacturing for Canada: PMI hits 9-month high

Canadian manufacturers signalled an improvement in their overall business conditions during November, which marked three months of sustained recovery, according to data from the IHS Markit Canada Manufacturing PMI.

US companies using tariffs to hike prices, Linamar CEO says

Linda Hasenfratz, CEO of Linamar, says "opportunistic" US companies are taking advantage of 25 per cent tariffs on metals introduced by President Donald Trump to hike the prices they charge.

Translas enters Québec market

Translas Canada Industries Ltd., a global welding gun manufacturer with its North American headquarters in Woodstock, Ont., is expanding its territory to the Québec market.

Ottawa, Ontario back additive manufacturing centre in Burlington

Ottawa has announced a commitment of $14 M in repayable funding to Burloak Technologies, an advanced manufacturing company based in Burlington, ON.

Iscar Tools launches global ecommerce platform

Iscar Tools Inc. has introduced a new global ecommerce platform for distributors and customers that aims to streamline order and purchasing processes.

DMG Mori's AGV-based factory boost production 30%

DMG MORI has revolutionized the production of its monoBLOCK five-axis machining centres with a new 4,000 square-metre (43055.64 square-foot) Excellence Factory at DECKEL MAHO Pfronten.

Linamar closes MacDon acquisition

Linamar Corporation has announced the closing of its acquisition of 100% of the outstanding equity interests of MacDon and its Group of Companies on the terms previously announced on December 14th, 2017.

MSC Industrial to service customers in Canada

MSC Industrial Direct Co., Melville, NY, is entering the Canadian market with its acquisition of Barnes Distribution North America.

CGTech joins Okuma's Partners in THINC

CGTech, a developer of CNC software for simulations, verification, optimization and analysis technology for the manufacturing industry, has joined Partners in THINC, a network of 40 indusry suppliers using a commom open architecture platform, PC-based THINC OSP control to bring innovative solutions to manufacturers.

Sandvik Additive, Renishaw collaborate on additive manufacturing materials

Renishaw is collaborating with Sandvik Additive Manufacturing to qualify new additive manufacturing (AM) materials for production applications. This encompasses a broad range of metal powders, including new alloy compositions optimized for the laser powder-bed fusion (LPBF) process and which provide superior material properties.

Canadian firm to sell Toshiba industrial robots in Canada

A-Tech Instruments, with operations in Toronto and Montreal, has partnered with TM Robotics and Toshiba Machine to sell and support Toshiba Machine robots in Canada, coast to coast.

Mazak to expand with new smart factory in Japan

Yamazaki Mazak, Mazak Canada's parent company, has announced the construction of a new production facility in Inabe City, Mie Prefecture Japan, that will incorporate the company's iSmart factory concept that encompasses production automation and the Industrial Internet of Things (IIoT) technology.

Manufacturing leads August jobs rebound

Employment rose by 246,000 in August, compared with 419,000 in July, according to the latest jobs data from Statistics Canada.

Canadian manufacturing sales up 3.4%

RBC Economics reports that Canadian manufacturing sales moved up 3.4% in November of last year, after falling 0.6% in October.

Manufacturing in 2012 and beyond

There are some people that think manufacturing is somehow an archaic industry that must be replaced by better industries in growing sectors such as information technology or resources.

Stay In Touch

twitter facebook linkedIn