Metalworking
High speed machining gets a boost
Incredible speeds and metal removal rates will define milling in the future
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Heroux-Devtek expands Quebec ops with $6.2M from Investissement Quebec
Landing gear manufacturer Heroux-Devtek will create 50 new jobs after receiving more than $6.2 million of financial support from the Quebec government. The Montreal-based aerospace company will receive a $5.4-million grant from Quebec and a loan from Investissement Quebec for $811,000. The funding will be used as part of Heroux-Devtek’s $25.7-million project at its facility ...
Magna projects record year
Magna International Inc. is so optimistic about an improving global auto industry that boosted its 2012 outlook to project a record year of sales for its auto parts business. Canada’s largest auto parts maker, which keeps its books in U.S. dollars, said it now expects to book between US$29 billion and $30.5 billion in sales ...
New NPT taps feature new flute design
Emuge Corp.,today introduced a new line of NPT Taper Pipe Taps that features a newly developed flute form with variable skip tooth geometry. The advanced flute design optimizes chip flow and clearance and lowers tapping torque, which is ideal for materials that produce long, stringy chip formations. Taper pipe threads have a much higher volume ...
Montreal Manufacturing Technology Show offers special evening for independent job shops
Organizers of the newly-expanded Montreal Manufacturing Technology Show (MMTS) – to be held May 14-16 at Montreal’s Place Bonaventure – have announced that they will be extending the show’s hours for a special evening offered exclusively for independent job shops across the province. On Tuesday, May 15 from 4:00-8:00 p.m., job shop owners, staff and ...
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Feds looking at EI recipients relocating to jobs
A new study from the Human Resources Department suggests Ottawa is looking at ways to get people receiving employment insurance to move to other regions with more jobs.
CAE to source pilots with $314M Oxford acquisition
CAE is expanding it global flight training capabilities and entering the pilot outsourcing business by acquiring Oxford Aviation Academy and a subsidiary for $314 million.
Keep production in Japan to aid recovery: Toyota president
Toyota president Akio Toyoda took the helm at Japan's auto industry group with a promise to keep production and jobs at home to help along the country's recovery.
US, EU top Canadian trade choices: BMO survey
A BMO survey shows the US is still the most popular market by a wide margin for Canadian companies looking to expand internationally, with the EU ranked second.
Carbon rule delays will lock in high emissions: research
Delays in regulating greenhouse gas emissions mean Canada is quickly locking in old-fashioned infrastructure that will fill the air with carbon for decades to come, new research shows.
Our products need to measure environmental footprint: report
A new report says the world is moving to a new business standard for being green, but Canada is not moving along with it.
Nova Scotia wants 10% tidal power
Nova Scotia has set a target to replace 10% of the province's current power supply with tidal energy over the next decade to reduce fossil fuel consumption.
Partners in Prevention 2012: Taking precautions
Ensuring worker safety through preventative measures, best-practices and oversight
Canadian firms pursue growth through acquisitions: Grant Thornton
Canadian companies are pursuing growth through acquisitions over the next three years, says a Grant Thornton International Business Report.
Canon moving to robots-only digital camera production
Canon is moving toward fully automating digital camera production in an effort to cut costs – a key change being played out across Japan, a world leader in robotics.
Economy adds 58,200 jobs: Statistics Canada
Statistics Canada says the economy surprised again in April, creating 58,200 new jobs as employment rose in most goods-producing industries and in most provinces.
UPDATE: Cliffs may export 40% of chromite for processing
Ontario will likely give Cliffs Natural Resources an exemption from the Mining Act to process 40% of the chromite it takes out of the Ring of Fire offshore.
PLANT takes on Milan: Day 2
Expansive FieraMilano showcases FluidTrans, Plast 2012 and Xylexpo trade shows.
Climate change denial cost Wildrose the Alberta election: Stelmach
Former Alberta premier Ed Stelmach says Wildrose Leader Danielle Smith's refusal to admit climate change exists cost her party a shot at victory in last month's election.
$150M expansion planned for STP-McKay Thermal Project
Southern Pacific Resource Corp. is expanding its steam-assisted gravity drainage (SAGD) project in Alberta’s Athabasca oil sands region.
March trade surplus up; exports, imports down
Statistics Canada says exports and imports both slipped in March, but the country’s trade surplus rose to $351 million from $273 million in February.
Italian machine tool orders up on foreign demand
During the first quarter of 2012, the Italian machine tool index of orders, processed by the Studies Dept. of UCIMU-SISTEMI PER PRODURRE has recorded a 10.5% increase when compared with the same period of last year, with an absolute total of 124.7 (2005=100). A continuation of the positive trend, which, with the exclusion of the ...
Canadians hungry for M&A: Ernst & Young
More Canadian companies intend to pursue acquisitions, bucking global statistics, according to a survey by Ernst & Young.
Cliffs looking at $1.8B chromite plant near Sudbury
An agreement between Cliffs Natural Resources and the Ontario government for a $1.8 billion chromite processing facility near Sudbury is still months away.
