China Steel receives massive provincial cash infusionClick image to enlarge

The Ontario Ministry of Energy, Northern Development and Mines has announced an investment of $741,500 in a Sault Ste. Marie shop.

The financial support will help China Steel Inc. purchase new machines, diversify its operations and upgrade product quality. The ministry also says that eight new full time jobs will be created.

Established in 1963, China Steel Inc. services local, regional and global customers including steel mills, defense contractors, paper mills, mines and other manufacturers.

"We're thankful for the province's support of China Steel. We have a long history in Sault Ste. Marie and look forward to continuing to grow our business while supporting the Sault's manufacturing sector," said Carlo China, co-owner of China Steel.

Global manufacturing turning a corner, says J.P. Morgan

The downturn in the global manufacturing sector eased in June, according to a recent market report.

Joseph Tabri adds VP of sales to role at Komet

Joseph Tabri, the current president of Komet of Canada Tooling Solutions, has taken on added responsibilities wtih a new role as VP of sales for Komet of America. 

NTC Laser, Komatsu America join forces

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.

Learning to weld at Mind Over Metal camp

 

Grade eight students in Orangeville had the opportunity to get some hands-on welding experience during a Mind Over Metal welding camp at Orangeville District Secondary School (ODSS).

OMAX waterjet finalist in "Oscars of Invention" awards

OMAX's MicroMax JetMachining Center is a finalist in the R&D Magazine 100 Awards. The company's abrasive waterjet machine is nominated in the field of mechanical/materials.

Trump tariffs still an issue despite new NAFTA

Two months following the signing of the “new NAFTA” – better known as USMCA – U.S. tariffs on Canadian steel and aluminum remain a sore spot between the two countries.

Haas/Thomas Skinner gets behind Skills Canada

Haas Factory Outlet, a division of Thomas Skinner is supporting skilled trades with its national sponsorship of the Skills Canada competition.

Shale gas boom good for business: RBC Report

The low cost of natural gas will have a positive impact on manufacturing and create a competitive advantage for Canadian and US companies, according to a report released today by RBC Capital Markets and the Economist Intelligence Unit.

Lincoln expands with robotic plasma firm acquisition

Lincoln Electric Holdings Inc., has acquired an ownership interest in Burlington Automation Corp., Hamilton, ON, a manufacturer of 3D robotic plasma cutting systems.

Maier named Trumpf national service director

Heidi-Melanie Maier has been named national service director for Standard Machines within the Trumpf Inc. service department.

Ford, Magna investing big in advanced R&D

Two of Canada's major manufacturers, Ford and Magna, are investing millions of dollars in advanced research and development for connected vheicles and services and artificial intellingence.

Cavalier acquires Mold Services Intl.

Windsor-based mould maker Cavalier Tool and Manufacturing Ltd. has acquired Mold Services Intl. (MSI), which makes single material plastic injection molds and SMC compression molds in a facility in Oldcastle, Ont., just outside of Windsor.

GM Oshawa lands pickup truck assembly work

General Motors Co. plans to perform final assembly of full sized pick trucks in Oshawa, Ont., a big boost to the Oshawa production plant that will lead to production of approximately 60,000 vehicles, according to a report in The Globe and Mail.

GDP jumped in May: Statistics Canada

Real gross domestic product (GDP) grew 4.5 per cent in May after falling off a cliff when emergency measures to slow the spread of COVID-19 resulted in widespread shutdowns.

New hires at Hurco Companies

Hurco Companies Inc.,Indianapolis, IN, has announced several promotions. Joe Braun has been named vice president of marketing and product management. Scott Camloh is the new national sales manager, and Cory Miller has been hired as general manager of Hurco North America.

Stay In Touch

twitter facebook linkedIn