Industry Update

Funding to help legacy industries

June 5, 2019

The Business Development Bank of Canada (BDC) has launched a $250 million venture capital fund to foster innovation and digitization in legacy Canadian industries including agriculture, resource extraction and manufacturing.

Read more: BDC sets up $250 M fund for legacy industries

Manufacturing conditions decline in May

June 5, 2019

Despite the downturn in business conditions, manufacturers remain upbeat regarding future output, according to the latest IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI). . 

Read more: Business conditions decline, manufacturers remain optimistic: Manufacturing PMI

Ottawa to help skilled job seekers

May 29, 2019

The federal Ministry of Employment, Workforce Development and Labour has announced a new project to help internationally trained newcomers in Milton, ON get their foreign credentials recognized.

Read more: Ottawa provides $650,000 to CWB Group to help skilled newcomers in Milton, ON

Mazak expands, renovates Kentucky Spindle Rebuild Department

May 29, 2019

Mazak has announced that it is expanding and updating the Spindle Rebuild Department at its Kentucky Manufacturing Campus.

Read more: Mazak expands spindle rebuild centre

Conestoga College gets funding for skilled trades

May 28, 2019

Conestoga College, based in Kitchener, ON, will implement and lead a welding pre-apprenticeship training program that will be delivered across the country.

Read more: Conestoga College gets funding for skilled trades

CHARGE Labs, University of Windsor

May 28, 2019

Over the past several years the automotive industry has taken a serious interest in an innovative lab at the University of Windsor that is spearheading research into electric and connected vehicles.

Read more: Auto industry investing in electrification at U of Windsor

Halifax hosts 25th Skills Canada National Competition

May 24, 2019

On Tuesday May 28, Skills/Compétences Canada will host the 25th Skills Canada National Competition (SCNC) in Halifax.

Read more: Halifax hosts 25th Skills Canada National Competition

Lamarche will be a featured exhibitor at WMTS 2019

May 24, 2019

Lamarche Machinery Inc. has announced that it will be a featured exhibitor at the Western Manufacturing Technology Show (WMTS). The event takes place June 4-6 at the Edmonton EXPO Centre.

Read more: Lamarche Machinery announces WMTS presence

Ottawa supports Québec manufacturing growth

May 22, 2019

Canada Economic Development for Quebec Regions has announced it is spending $1,540,000 to support four Québec manufacturers in the province’s Acton Vale region.

Read more: Ottawa supports Québec manufacturers’ growth plans with $1.5+ M

OSG's NEO Shinshiro smart factory

May 15, 2019

OSG Corporation has announced the “OSG 4.0” smart manufacturing initiative.

Read more: OSG announces NEO Shinshiro smart factory

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