ManufacturingClick image to enlarge

The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) for May reached the highest level in over seven years.

The index reached 56.2, up from 55.5 in April, indicating the strongest overall improvement in business conditions since April 2011.

The manufacturing sector experienced a strong improvement in business conditions during May, underpinned by a faster rise in new business volumes. Export sales were a key driver of growth, with the latest increase in new work from abroad the steepest seen since March 2011.

Output, new orders and employment all recorded “robust” increases, and input cost inflation accelerated at the steepest rate since March 2014. Sustained rises in manufacturing workloads led to capacity pressures and another round of robust job creation. There were also widespread reports that supply chain constraints had led to delays in the receipt of raw materials. Meanwhile, worsening vendor performance and expected rises in input costs resulted in the sharpest pace of stock accumulation for six years in May.

Metalformers optimistic about 1st quarter conditions

Metalforming companies are viewing the first quarter of 2022 with increased optimism for improved business conditions, according to the January 2022 Precision Metalforming Association (PMA) Business Conditions Report.

3000+ attend HaasTec open house in California

Close to 3,300 people attended Haas' four-day open house, HaasTec, held March 17-20 at its Oxnard, CA, headquarters and manufacturing facility.

Mike Bilton joins Mazak as area sales manager

Mazak North America has announced the appointment of Mike Bilton as area sales manager with Mazak Canada.

Plasma cutter vs torch – you make the call

When it comes to cutting metal, most fabricators would point to plasma cutting or oxyfuel cutting as the two most popular techniques. Both techniques have their pros and cons, advantages and disadvantages, and cheerleaders and detractors. And, as you might expect, choosing the most suitable cutting system for the job is not necessarily straightforward. The choice depends on the application, the type and thickness of the material to be cut, quality of the cut, operational costs, location of the job, and many other factors.

$1.7 M+ for manufacturing innovation in Quebec

The Federal government, via the Canada Economic Development for the Quebec Regions (CED), is investing more than $1.7 million in five Quebec manufacturing companies.

ESAB initiatives support welding education for students

ESAB Welding & Cutting has implemented three initiatives that will help support welding education in schools, including a welding contest open to schools in Canada and the US.

$800,000 in Fed funding for Memex Automation

Memex Automation, a Canadian supplier of manufacturing M2M productivity software, has received $800,000 funding from the Federal Economic Development Agency for Southern Ontario. The repayable loan will allow for accelerated development of the company's flagship product, MERLIN, and create 16 new jobs at the Burlington, ON, company.

Canadian auto associations investigate road to zero emissions

There are currently 68 zero-emission vehicles (ZEV) available to Canadians. By next year there will be 130 models to choose from. But will Canadian car buyers embrace such a transition to their car buying habits fast enough for Canada to meet its ambitious targets for ZEVs?

Prima Power opens new plant in Finland

Prima Power has officially opened a new manufacturing plant and tech centre in Seinäjoki in western Finland.

Magellan wins $140 M Airbus contract extension

Magellan Aerospace Corporation has secured a six year agreement with Airbus for a contract extension for the manufacture of A350 XWB centre wing box and keel beam detail parts.

Abicor Binzel forms NA agreement with Canadian robotics firm

Abicor Binzel and Canadian robotics company Novarc Technologies, based in Vancouver, BC, have formed a North American sales agreement.

Ottawa’s pre-election budget gets mixed reviews

Ottawa has introduced its 2019 budget, to mixed reviews from business.

Auto makers and suppliers feeling pain of border blockades

For the just-in-time based auto manufacturing supply chains, the disruption caused by the growing number of border blockades by vaccine mandate protesters is causing severe scheduling issues.

Investing in Manitoba’s manufacturing sector

Canadian Manufacturers & Exporters (CME) has launched the Manufacturing Accelerator Program, designed to help Manitoba’s manufacturers to become more globally competitive in the wake of the COVID-19 pandemic.

Stay In Touch

twitter facebook linkedIn