Michelin to give $64M boost to Nova Scotia tire plant, province adds $9M
Tire manufacturer Michelin rolled out positive news for Nova Scotia's troubled economy on Thursday, committing to a $64.1-million expansion of its factory in the Annapolis Valley. Read more.
Magna International expects up to $32.7 billion of sales globally this year
Canadian autoparts giant Magna International Inc. says it expects between US$31.3 billion and US$32.7 billion of sales globally this year. Get the details.
Jon DeSouza appointed President, CEO of Harting Canada, Inc.
Harting Canada has named Jon DeSouza President & Chief Executive Officer of Harting Canada, Inc. Learn more.
Dutch Disease not a major factor in Canada's manufacturing woes, report argues
The belief that the commodities boom of the past decade caused the decline in Canada's manufacturing sector is being challenged in a new report. Read the report.
Raleigh to cease bicycle manufacturing at Quebec plant by the end of 2013
Raleigh Canada Ltd. plans to halt bicycle manufacturing and assembly operations at the company's plant in Waterloo, Que., by the end of the year. Read more.