Industry News
While the recession is not yet over, slow economic growth is not far off, said Kenrick Jordan, senior economist, BMO Capital Markets, during the APMA-AUTO21 conference in Hamilton, Ont.
The Linamar Corporation is facing the current economic challenges head on and is already seeing progress, the company's CEO, Linda Hasenfratz, told attendees during the APMA-AUTO21 conference in Hamilton, Ont.
OTTAWA, Ont. - After six months of plummeting orders and job losses, manufacturers and exporters are beginning to see some stability in their business operations, according to survey data from Canadian Manufacturers & Exporters' April Business Conditions Survey.
OTTAWA, Ont. - Manufacturing sales decreased 2.7 percent to $41.4 billion in March, reversing February's gain, according to Statistics Canada's Monthly Survey of Manufacturing for March 2009. With this decrease, manufacturing sales have fallen almost 25 percent from their peak reached in July 2008. 
The 34th edition of PACKEX Toronto, which ended on May 7th, 2009, was "a huge success" – in spite of difficult economic times, both exhibitors and visitors communicated positive feedback with comments focusing on the quality of PACKEX Toronto as an essential show for the Canadian industry, the show said." ""Canada’s largest industrial trade show for the packaging, material handling and logistics industries, PACKEX Toronto welcomed over 354 exhibitors from Canada, the United States and overseas. This edition presented a wider selection of exhibits represented by 143 new companies. Furthermore, PACKEX Toronto was co-located for the first time ever with IPA Canada, the National Food Process Exhibition."PACKEX Toronto 2009 welcomed 7,034 attendees, showing a thriving 17-percent increase from the previous edition. The show has drawn visitors from major Canadian provinces including, Ontario, Quebec and Alberta" "The show presented for the first time in this 2009 edition, a new sector-based layout to give exhibitors an equal opportunity to connect with buyers. This layout featured material handling, packaging machinery & machinery components, materials, converting, pre-press & printing and food processing with IPA Canada. "Keeping industry professionals on top of new market challenges and trends "This edition’s conference program featured presentations with three main topics: Youth and Trends, Sustainability and" Safety, Security and Traceability.www.PACKEXtoronto.com
NORTH BAY, Ont. - Goodyear Canada's North Bay OTR Retread Plant will receive a $50,000 investment from the Province of Ontario through a provincial workforce skills upgrade initiative called Achieving Innovation and Manufacturing Excellence (AIME). 
TORONTO, Ont. - Health and safety professionals gathered at the Machine Automation Safety Congress (MASC), part of Health and Safety Canada 2009, in Toronto last month to hear about the latest machine safety technologies that are saving limbs and lives. At the "Safety and Technology" panel discussion, Manufacturing AUTOMATION invited leading technology providers to offer insights into how modern tools are making machines safer.
MISSISSAUGA, Ont. - The downturn in the economy has not affected research and development activities at Phoenix Contact, said Frank Stuehrenberg, the company's senior vice-president of global sales. The developer and manufacturer of industrial electrical and electronic technology introduced 2,600 new products at Hannover Fair in Germany late last month - a record high for the company.
Calgary, Alta. - Careers in Manufacturing recently presented the Calgary Manufacturing Industry's Best Employer Awards to four Calgary businesses in recognition of their excellence in creating progressive, safe and innovative manufacturing environments.
AURORA, Ont. - Manufacturing AUTOMATION has joined the social networking phenomenon Twitter.
TORONTO, Ont. - Despite a challenging economy, three-quarters (76 per cent) of chief information officers (CIOs) interviewed in January said their companies will invest in information technology (IT) initiatives in the next 12 months.
TORONTO, Ont. - The current economic environment provides opportunities for companies to thrive. According to a recently released KPMG report, Strategic Growth and New Markets, the top strategies for growth, based on a survey of manufacturers, include process improvements, investment in R&D and technology, and global expansion.
OTTAWA, Ont. - Manufacturing sales increased 2.2 percent to $42.9 billion in February, the first increase since July 2008.
OTTAWA, Ont. - It's not a signal that the recession is over, but more Canadian manufacturers and exporters are optimistic about business conditions over the next three months than they have been since the beginning of 2009, according to the Canadian Manufacturers & Exporters' March Business Conditions Survey.
BOSTON, Mass. - Economic concerns continue to weigh on many companies' innovation plans, according to the Boston Consulting Group's (BCG) sixth annual global survey and report on innovation, Innovation 2009: Making Hard Decisions in the Downturn.

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