News
May 13, 2019 – Onex Corp. has signed a friendly deal to buy WestJet Airlines Ltd. in a transaction it valued at $5 billion, including assumed debt.
May 10, 2019 – President Donald Trump's latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade strains.
May 9, 2019 – General Motors is negotiating the sale of its shuttered factory in Lordstown, Ohio, to a company that builds electric trucks.
May 9, 2019 – Magna International Inc. cut its outlook for the year as it lowered its expectations for auto production and reported sales in its latest quarter fell compared with a year ago.
May 8, 2019 – The union representing Canada's auto workers claimed a partial victory Tuesday after General Motors Canada announced its Oshawa, Ont., plant, which was slated to close later this year, will be converted to a part-stamping and autonomous vehicle testing facility.
May 8, 2019 – German industrial equipment maker Siemens says it will cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas and power generation business and creating new areas of growth.
May 7, 2019 – A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors.
May 3, 2019 – General Motors is recalling over 368,000 pickups and other trucks worldwide after 19 reports of fires caused by engine block heater cords.
May 3, 2019 – Tesla is increasing the amount of money it will attempt to raise to as much as $2.7 billion.
May 2, 2019 – Prime Minister of Canada Justin Trudeau was in attendance earlier this week for Toyota Motor Manufacturing Canada’s (TMMC) announcement that it will produce the Lexus NX and NX Hybrid at its Cambridge, Ontario production plant beginning in 2022.
May 2, 2019 – A week after posting a huge first quarter loss and saying the company needs to raise cash, Tesla is doing just that and CEO Elon Musk will buy $10 million worth of stock in an $1.5 billion offering of shares and convertible notes.
May 1, 2019 – The May 2019 digital edition of Manufacturing AUTOMATION is now available!
May 1, 2019 – Jenoptik – a global specialist in optimization of manufacturing processes – and its Canadian-based Prodomax Automation arm have been awarded three new orders totalling over US$20 million.
May 1, 2019 – Nokia is hosting a global competition for technology startups offering solutions in industrial automation, with prizes up to $175,000 and the chance to collaborate with experts from Nokia and Nokia Bell Labs.
April 29, 2019 – Toyota Motor Manufacturing Canada says it will start building the Lexus NX SUV in its Cambridge, Ont. plant starting in 2022.
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Product Safety & Liability Prevention Seminar August 7-8, 2019 |
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Digital Industry USA September 10-12, 2019 |
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EMO Hannover 2019 September 16-21, 2019 |
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International Metrology Congress September 24-26, 2019 |
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CMTS: Canadian Manufacturing Technology Show September 30-3, 2019 |
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Advantage Through Excellence: Future of Manufacturing Conference October 8-10, 2019 |
