Industry Update

Tricoire Schneider

February 7, 2018

New research from Schneider Electric indicates that while most organizations feel ready for a decentralized, decarbonized and digitized future, many aren’t taking the necessary steps to integrate and advance their energy and sustainability programs.

Jean-Pascal Tricoire, chairman and CEO, Schneider Electric

Read more: Companies poorly prepared for new energy economy, research finds

PMI manufacturing story

February 4, 2018

The latest IHS Markit Canada Purchasing Managers’ Index (PMI), released at the beginning of this month, indicates that 2018 is off to a strong start for Canadian manufacturing.

Read more: Manufacturing PMI signals growth for start of 2018

Linamar MacDon purchase

February 4, 2018

Linamar Corporation has announced the closing of its acquisition of 100% of the outstanding equity interests of MacDon and its Group of Companies on the terms previously announced on December 14th, 2017.

Read more: Linamar closes MacDon acquisition

ArcelorMittal to invest $70 million in its Contrecoeur, QC steel production facilities

January 24, 2018

Steel production manufacturer ArcelorMittal Long Products Canada plans to invest close to $70 million by 2020 in its Contrecoeur, QC, facilities.

Read more: ArcelorMittal to invest $70 M in Quebec steel production facilities

Chris Morse is the new president at WILA USA

January 22, 2018

Chris Morse has been named president of Wila USA. He succeeds Gunter Glocker, who lead the compay since its founding in 1999. 

Read more: Chris Morse new president at Wila USA

Iscar Canada management reorganization

January 22, 2018

Iscar Canada has reorganized its management team.

Read more: Iscar announces management reorganization

Rob Adkins OSG Canada president

January 22, 2018

Rob Adkins has been named president of OSG Canada. 

Read more: Rob Adkins named OSG Canada president

RBC report

January 22, 2018

RBC Economics reports that Canadian manufacturing sales moved up 3.4% in November of last year, after falling 0.6% in October.

Read more: Canadian manufacturing sales up 3.4%

Linamar Guelph innovation centre

January 17, 2018

Linamar, Canada’s second-largest auto parts maker, will open a new innovation and research centre in Guelph, Ontario, creating 1500 jobs over the next 10 years.

Read more: New innovation, research centre to bring 1500 jobs

Magna ICON radar

January 16, 2018

Magna has unveiled its new ICON RADAR automotive radar system at the North American International Auto Show (NAIAS).

Read more: High-definition automotive radar

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