News
Apr. 9, 2017 - Federal prosecutors say a former DuPont employee stole more than 20,000 confidential files from the firm to help bolster a consulting business he started shortly before his retirement.
Apr. 7, 2017 - Idec says it has strengthened its position in the HMI market by purchasing APEM, a French group with a wide international footprint, adding that its European presence will expand “significantly” and new industry segments are also added.
Apr. 5, 2017 - Automaker Daimler AG and parts supplier Bosch Group are teaming up to make driverless cars that they say could be on city streets at the start of the next decade.
Apr. 4, 2017 - ABB of Zurich, Switzerland, announced it reached an agreement to acquire Bernecker + Rainer Industrie-Elektronik GmbH (B&R) headquartered in Eggelsberg, Austria. ABB has not disclosed the purchase price of B&R, a privately held company, but the transaction will be funded in cash. The acquisition, expected to close in summer 2017, will create one of the world’s most-powerful industrial automation companies.
Mar. 30, 2017 - With the recent closing of its acquisition of electronic design automation (EDA) software company, Mentor Graphics, Siemens says it is setting out to underscore the “significant customer value” it envisions for both electronic systems and integrated circuit (IC) design tools.
Mar. 25, 2017 - Construction of a new logistics and distribution centre for Big Kaiser’s parent company, Big Daishowa Seiki Co. Ltd., is now complete.
Mar. 25, 2017 - Maxine Nordmeyer, CEO of Bihler of America, and John Miller, president of Superb Industries, have announced a strategic alliance, which would extend Bihler’s footprint in North America with Superb’s engineering technology centres in Michigan and Ohio and sales engineering support in Canada, the U.S. and Mexico.
Mar. 25, 2017 - The Brandt Group of Companies has announced it will acquire the Mitsubishi Hitachi Power Systems Canada (MHPSC) facility in Saskatoon, Sask., and subsequent operating assets from Prestige Equipment and Hilco Global.
Mar. 25, 2017 - The company that makes Ski-Doos, Sea-Doos and Spyder vehicles says it could move production from Mexico if NAFTA changes result in hefty border taxes, but BRP chief executive Jose Boisjoli is hoping “common sense” will prevail during upcoming negotiations.
Mar. 23, 2017 - Canada has been approved to join a controversial new international infrastructure bank led by China.
Mar. 23, 2017 - Rittal Systems has added Cadence Automatisation to its distribution/partner network in Quebec.
Mar. 23, 2017 - The Canadian economy has made good progress since the plunge in oil prices in 2014, but slack and risks remain, a deputy governor of the Bank of Canada said.
Mar. 14, 2017 - Canada’s Beijing-bound ambassador says the government will have to sell any possible Canada-China free trade to Canadian workers in order to overcome rising anti-trade sentiment.
Mar. 12, 2017 - China’s industry minister on Saturday defended a manufacturing development plan and rejected complaints foreign makers of electric cars and other goods might be pressured to hand over technology or forced out of promising markets.
Mar. 6, 2017 - General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company’s retreat from a major market and raising concerns of job cuts in the region.

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