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The Control System Integrators Association (CSIA) has named Software Toolbox its Partner of the Year. The award recognizes the company for significant contributions to the advancement of the CSIA and…

Eaton Corporation to acquire Cooper Industries

Written by MA Staff May 23, 2012
Industrial manufacturer Eaton Corporation and electrical equipment supplier Cooper Industries plc announced they have entered into a definitive agreement under which Eaton will acquire Cooper in a transaction that will…

AUTOMATICA 2012 opens Tuesday with more halls

Written by MA Staff May 22, 2012
One of the world’s leading conferences for the automation industry, AUTOMATICA, kicks off on Tuesday in Munich, and it’s bigger than it was in 2010. The show runs until Friday, May…

Harper government funded ‘Dutch Disease’ study

Written by The Canadian PressThe Harper government has funded research that argues Canada's economy suffers from so-called Dutch Disease, an economic theory the prime minister and other senior officials ridiculed when raised recently by NDP Leader Tom Mulcair. May 18, 2012
The Harper government has funded research that argues Canada's economy suffers from so-called Dutch Disease, an economic theory the prime minister and other senior officials ridiculed when raised recently by…
Canada has the opportunity to build a world-class manufacturing sector over the next 10 years, according to Jayson Myers, president and CEO of Canadian Manufacturers and Exporters. Speaking to a group…

ABB completes acquisition of Thomas & Betts

Written by MA Staff May 17, 2012
ABB Ltd has completed its acquisition of Thomas & Betts Corporation, making the United States ABB’s largest market. According to a statement from ABB, the acquisition will advance ABB’s strategy of…

Canadian dollar heads lower

Written by The Canadian Press May 16, 2012
The Canadian dollar was lower Wednesday as concern over a possible Greek exit from the eurozone continued to weigh on investors' appetite for risk.  The loonie was off 0.02 of…

U.S. factory output increased in April

Written by The Associated Press May 16, 2012
U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow. The Federal Reserve said Wednesday…

Manufacturing sales up 1.9 per cent in March

Written by The Canadian Press May 16, 2012
Statistics Canada says manufacturing sales increased 1.9 per cent in March to $49.7 billion, with petroleum and coal products leading the way. It was the biggest monthly increase since last September.The…

Oil falls to lowest since December

Written by The Associated Press May 15, 2012
The price of oil dropped to a six-month low Tuesday on renewed concern that Greece would be forced to leave the European common currency and trigger shockwaves across Europe. Benchmark West…
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