Tool order intake is on the riseClick image to enlarge

While many industries continue to suffer under the yoke of Covid-19, Canada’s machine tool business has rebounded strongly with significant increases in orders for both metal cutting and metal forming, according to Marc Hasrouny, president of the Canadian Machine Tool Distributors’ Association (CMTDA).

The Canadian machine tool market was heavily impacted at the start of the pandemic with orders for metal cutting down 33% in 2020 and 20% for metal forming. Metal cutting was particularly under stress as that part of the industry had already faced an 8% drop in orders in 2019 as a result of a slumping economy.

But things started to improve significantly this year with order intakes returning to more normal levels.

“Comparing year to date figures through October 2021, metal cutting was up 59% and metal forming was up 50% over October 2020 and comparable to 2019 levels,” Hasrouny told members of CMTDA gathered in Milton this week for the association’s annual general meeting.

But it’s not all positive news ahead. Supply chain disruptions are posing a significant threat that is lasting longer than expected. High freight and raw material prices and significant delays in delivery due to the lack of available labour and containers have presented importers and manufacturers with cause for concern, Hasrouny said.

The good thing about the supply chain disruptions is that they have been significant and crippling enough to the North American economy that they have captured the attention of political leaders who are mobilizing to rectify the issue, Hasrouny said.

 

TransCanada supports welding camps for kids

TransCanada Corp. has partnered with the CWA Foundation to support the welding organization's Mind over Metal welding camps for students.

Threadmaking MetalTech report: September

Emuge
Thread milling for oil, gas
An expanded thread milling program for oil and gas manufacturing applications includes a new line of solid carbide thread mills and insert thread milling systems.

Machining's hidden sector

The problem
Higher hardness levels difficult to grind on existing grinders

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?

Robot-ready vises with 3 jaw options

Precision Force 5-Axis MaxLock vise lineup from Kurt Workholding features three new models with three available jaw options. 

Clearing Chips

by Kip Hanson

Still struggling with bird nests? It might be time for a different toolholder and a different pump.

ABB, Fronius to develop robotic welding systems

ABB Robotics and Fronius International plan to develop a fully equipped robotic welding package as part of a global agreement to collaborate and support both new and existing customers with advanced technology.

Lincoln Electric recognized for ISO energy initiatives

Lincoln Electric Company of Canada, Toronto, was recently recognized for its energy management initatives and accreditation to the ISO 5001 energy management standard.

World's largest anti-vibration boring bar

Europe’s biggest manufacturer of horizontal lathes collaborated with its partner – and broke a world record in the process, with help from Sandvik Coromant

Weakest manufacturing growth in almost two years

Canadian manufacturing growth moderated in December, according to the latest seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index.

Joint survey reveals 800 jobs available for Ukrainian refugees

To assist with the exodus of refugees from Ukraine who are attempting to relocate to Canada, the Canadian Tooling & Machining Association (CTMA) facilitated a survey to identify member companies willing to provide temporary or permanent employment, and other humanitarian assistance, immediately.

Balance Matters

by Drew Strauchen

4 ways proper tooling balance saves time and eliminates problems

Honda Canada donates $100,000 for Quebec flood relief

Honda Canada Foundation has donated $100,000 to the Canadian Red Cross in support of the Spring Flood Appeal for relief and recovery efforts in Quebec.

New low foaming cutting fluid

Walter USA LLC’s latest addition to its Walter Valenite line of ValCool cutting fluids is the VPLFC, a heavy duty, non-chlorinated, semi-synthetic coolant.

Stay In Touch

twitter facebook linkedIn