Industry News
August 12, 2019 – ABB has appointed Björn Rosengren, currently president and CEO of Sandvik, as its new chief executive officer effective March 1, 2020.
August 9, 2019 – Proax Technologies, a Canadian industrial automation solutions provider, has acquired C&B Industrial Supplies Ltd. in Dartmouth, Nova Scotia.
August 9, 2019 – Wage growth in Canada accelerated last month to its highest level in more than decade, according to numbers released Friday from Statistics Canada.
August 9, 2019 – Applied Manufacturing Technologies (AMT), a North American automation engineering company supporting manufacturers, robot companies, systems integrators and line builders, is marking its 30-year anniversary on August 11, 2019.
August 8, 2019 – MANN+HUMMEL, a filtration solutions provider for automotive and industrial applications, has acquired Hardy Filtration, a Canadian air filtration company.
August 8, 2019 – Magna International Inc.'s second-quarter profit fell 28 per cent to US$452 million as the auto parts maker experienced lower operating margins and higher expense items compared with last year.
August 7, 2019 – Buehler, an ITW Company and manufacturer of materials sample preparation equipment, has announced a partnership with Opti-Tech Scientific, a Toronto-based supplier of scientific equipment, for service needs across Canada. 
August 6, 2019 – Auto parts manufacturer Martinrea International Inc. has reported earnings roughly in line with expectations despite some signs of a slowdown in the industry.
August 1, 2019 – General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by one per cent in the second quarter.
August 1, 2019 – Maple Leaf Foods Inc. says its second-quarter sales rose by 12.5 per cent during the period, fuelled in part by growing demand for plant-based protein products.
August 1, 2019 – Industrial equipment and technology company Siemens says net profit slipped six per cent in the company's most recent quarter as weaker demand for factory automation from the auto and machine-building sectors hit profits.
August 1, 2019 – Bombardier Inc. revised its profit forecast for 2019 as it announced hundreds of millions in spending to ramp up capacity at its train-making unit following earnings that fell below analysts' expectations.
July 31, 2019 – The Canadian economy grew for a third consecutive month in May, rising 0.2 per cent overall as 13 of 20 sectors advanced.
July 31, 2019 – Yokogawa Electric Corporation has received a leadership award from global market research and consulting company Frost & Sullivan as part of their 2019 Best Practices Awards.
July 30, 2019 – Hexagon’s Manufacturing Intelligence division will open a new Canadian headquarters in Oakville, Ontario in the fourth quarter of 2019.
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