Industry Update

Magna

June 18, 2018

Magna International Inc. has announced that it is forming two joint ventures with Beijing Electric Vehicle Co. (BJEV), China’s biggest electric vehicle manufacturer, to engineer and build EVs in China.

Read more: Magna forming electric vehicle joint ventures in China

Automotive exports

June 14, 2018

U.S. President Trump’s belligerent talk – and action – on tariffs against his country’s North American neighbours has observers warning about the potential economic fallout.

Read more: Tariff talk – and consequences

Samuel, Son & Co.

June 10, 2018

Metals distributor and industrial products manufacturer Samuel, Son & Co. has announced an $18 M investment in its Brantford, Ontario automotive metal processing centre.

Read more: Samuel to make $18 M expansion to Brantford facility

FABTECH and CWB

June 10, 2018

CWB has announced that it will be offering educational support through its Acorn educational program at FABTECH Canada, North America’s largest event dedicated to metal forming, fabrication, welding and finishing.

Read more: CWB Group partners with FABTECH Canada

Metal products

June 6, 2018

Canada's merchandise trade deficit was cut in half in April as exports rose to a record and imports moved lower, Statistics Canada said Wednesday.

Read more: Metal products exports help narrow Canada’s trade deficit to $1.9 B in April

Trudeau responds to U.S. tariffs

June 3, 2018

The Trump administration’s June 1 imposition of tariffs on steel and aluminum entering the U.S. from Canada and other G7 countries has led to tit-for-tat counter-tariffs from Canada, and left observers wondering if an all-out trade war is looming – or already underway.

Read more: Canada responds to U.S. steel, aluminum tariffs

Esben Østergaard

June 1, 2018

The Robotic Industries Association (RIA) has named Esben Østergaard of Universal Robots the recipient of the Engelberger Robotics Award, known as the Nobel Prize of robotics.

Read more: Universal Robots co-founder and CTO receives Engelberger Robotics Award

Manufacturing

June 1, 2018

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

Read more: Manufacturing business conditions post best improvement since 2011

Nano drone with a "brain"

May 30, 2018

Engineers in Europe have built the world’s smallest autonomous rotor drone equipped with a neural network running on just 1/100th of a watt.

Read more: This tiny drone with a tiny brain is smart enough to fly itself

Magellan castings

May 23, 2018

Magellan Aerospace has signed a long term agreement with Hamilton Sundstrand Corporation, a UTC Aerospace Systems Company, to manufacture complex magnesium and aluminium castings for various military and commercial aerospace platforms. 

Read more: Magellan signs long-term agreement with Hamilton Sundstrand

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