Click image to enlarge

Manufacturers cite skilled workforce shortage, cost control and investing in new equipment as top challenges for the year ahead

Canadian manufacturers are expecting business activity to increase in 2013 despite some uncertainty in the economy, reports a recent survey by the Society of Manufacturing Engineers (SME), producer of the Canadian Manufacturing Technology Show (CMTS) 2013, to be held at The International Centre, September 30 to October 3.

Two-thirds (66.6 per cent) of manufacturers surveyed by SME are optimistic about business growth over the next 12 to 18 months, with most anticipating a moderate to significant rise. At the same time, they are expecting to face some pressing challenges as they move forward, including a shortage of skilled workers (41 per cent), rising production costs (38 per cent) and the need to invest in new equipment and technology (32 per cent).

"We are extremely encouraged by our findings," said CMTS event manager Julie Pike, noting that the positive outlook is echoed by a Statistics Canada report from February 2013 indicating a rise in manufacturing sales in eight provinces, led by Ontario, Quebec and New Brunswick.

"It's not surprising that a skilled workforce shortage came out as the number one concern," she added. "The industry is talking about what Canada needs to do to address this pending crisis and CMTS will make this issue a priority during the four-day event by offering constructive solutions, resources and activities to help manufacturers respond to the challenge." 

Pike explained that the SME survey results "gathered from 431 respondents representing a broad cross-section of industries led by the automotive, energy, aerospace, fabricated metal and machinery sectors" are being used to plan special events and educational programs at CMTS 2013, Canada?s most significant manufacturing event. Other noteworthy findings include:

  • 74 per cent of respondents expect to purchase equipment in the coming year, with budgets ranging from less than $50,000 to more than $5 million.
  • A high Canadian dollar continues to be a concern for roughly one-quarter of those surveyed. 
  • Just over 30 per cent cited improving workforce productivity as a significant business challenge.
  • 84 per cent of manufacturing purchasing budgets will be either the same or greater in 2013 compared to 2012.

"The most important reason for our survey is to obtain a pulse check on the Canadian manufacturing landscape and respondents offered plenty of optimism around the continued improvement of the economy, growth and expansion," said Pike. "They also told us that they value the work we do, with an overwhelming 94 per cent of respondents indicating that trade shows play an important role in their buying strategies."

Canada's largest and most respected manufacturing event, CMTS returns to The International Centre this year after 14 years in downtown Toronto. Asking visitors to 'expect more,' the 2013 event will feature more than 500 exhibits and the most up-to-date industry solutions to 10,000 manufacturing professionals from across the country and around the world. Central to this year?s show will be premiere industry education, provided both on and off the show floor through a combination of product showcases, live equipment demonstrations, top speakers, interactive panel discussions, cutting-edge conference sessions and multiple networking hubs.

Visit CMTS online for more details and for registriaton

Image: Enough.Pro

Shaping the car of 2030

Magna International has launched a North American student innovation challenge to help shape the car of 2030.

Magna CEO Don Walker on COVID-19 response

Magna International CEO Don Walker spoke to BNN about the company's strategy for dealing with COVID-19 and how he plans to get his company back to work safely, and how Magna will fit into the post-coronavirus supply chain.

Machining sector mourns passing of Fritz Althoff

On April 16, 2020, the machine tool community and manufacturing sector as a whole lost an highly respected member with the passing of Fritz Althoff at the age of 86.

An eye for machining

by Mary Scianna

Investing in leading edge machining technology to remain competitive

New head for Sandvik Coromant

Nadine Crauwels is the new president of Sandvik Coromant. She  has more than 22 years of experience in the manufacturing industry and most previously worked as VP and head of customized solutions and strategic relations for Sandvik Coromant.

Digital manufacturing big focus at EuroBLECH

The interest in digital manufacturing continues to grow, a trend reflected at EuroBLECH 2016, the world's largest event for the sheet metal fabricating industry. The 24th International Sheet Metal Working Technology Exhibition was held October 25-29 and welcomed more than 60,000 visitors from around the globe.

Magellan to manufacture engine castings for Pratt & Whitney

Magellan Aerospace  has signed a six year agreement with Pratt & Whitney to manufacture aluminum castings for its Next Generation Product Family of engines.

Turning control optimizes lathe set-up

Offering lathe machinists a new easy-to-use turning control with state-of-the-art features as standard, Heidenhain presents the highly anticipated ACU-RITE brand TURNPWR control. 

United Precision to rep ROMI CNC machines in Canada, U.S.

Romi USA has entered into an exclusive distribution agreement with Cincinnati, Ohio-based United Precision Services (UPS) to sell Romi's line of heavy-duty horizontal and vertical CNC lathes across the USA and Canada.

Electric pipe bending machine boosts fabricating efficiency

A large bore hydrualic part maker has improved production efficiency and accuracy using an all electric pipe bending machine

Frank Mohn Piping in Frekhaug, Norway, installed the custom pipe bender from Unison to help improve fabricating through-put and accuracy. According to Unison, the all electric machine is the most powerful pipe bender it has delivered to a custoemr to date. 

PMI shows manufacturing growth, high cost inflation

The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI), released on April 2, registered 55.7, little changed from the 55.6 posted in February and above the neutral 55.0 threshold for the 25th month in a row.

Tesla makes ventilator from Model 3 parts

When the call came out for manufacturers to help produce medical equipment, many companies were quick to jump on board. But most of those companies must make ventilators using pre-existing designs, which would require competing with actual ventilator manufacturers for the parts and materials. 

Canadian industry unites in opposition to border blockade

A group of leading business trade associations representing key sectors of the Canadian supply chain, including the Canadian Tooling & Machining Association and the Canadian Manufacturers & Exporters, have banded together to demand “an immediate end” to trucker border blockades threatening the nation’s trade.

Job Shops Saskatchewan - The Value Added

by Andrew Brooks

In a tough market, IWL Steel Fabricators sets itself apart by tackling complex jobs

Manufacturing answers the call with $21M in COVID projects

Canada’s Advanced Manufacturing Supercluster has invested more than $21 million in projects that will lead to the production in Canada of critically needed technologies, equipment and medical devices to aid in the fight against COVID-19.

Stay In Touch

twitter facebook linkedIn