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Novavax says it may go out of business within one year

The company, which lost more than $600 million last year, doesn't expect to sell any new vaccine during the first three months of 2023.

Tesla says it will cut costs of its next cars in half

The changes could bring the cost of a new generation of vehicles to around $25,000.

Federal government ends shipments of COVID-19 rapid tests as they are set to expire

Ottawa has ordered more than 811 million rapid tests since the beginning of the pandemic with a price tag of about $5 billion.

 
SPONSORED SPOTLIGHT 
 
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Protect Your Business with Cloud ERP

With cyberattacks like ransomware on the rise, manufacturers must have the people, processes, and technology in place to protect their business. In this webinar, Epicor Chief Information Officer Rich Murr breaks down the multiple stages of a ransomware attack. You’ll learn how cloud-based solutions and security controls, like anti-malware, redundant backups, and disaster recovery, can help you isolate your systems to reduce your risk of data exposure.
» WATCH THE WEBINAR
 
MANUFACTURING IN FOCUS 
 
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Solina acquires Canada's Lynch Foods

The company provides table portion and kitchen bulk sizes of sauces, syrups and dessert toppings, plus soup and gravy bases to its foodservice, QSR, and industrial customers. » Read More...
 
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OTTO Motors named to Fast Company's 2023 list of Most Innovative Companies

OTTO Motors has an AMR fleet, with both flatbed and forklift AMRs capable of moving materials up to 4,200 lb. » Read More...
 
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Skyservice Business Aviation breaks ground on Seattle facility

The 50,000-square-foot hangar will accommodate newer aircraft such as the Gulfstream 700 and 800, the Global 7500 and 8000, and the Dassault Falcon 10X. » Read More...
 
 
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MANUFACTURING IN-DEPTH 
 
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The art and science of communicating with the hourly manufacturing workforce

Improve communications to engage and retain hourly manufacturing workers for better business results. » Read More...

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Q&A with NGen CEO Jayson Myers

NGen received an investment of $177 million from the Government of Canada to advance Canada’s Global Innovation Cluster for Advanced Manufacturing » Read More...

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How to win over Alberta on the ‘just transition’ to a low-carbon energy sector

There has been a gap between what Alberta deems to be fair and necessary support for its industry and what the federal government is willing to shell out. The just transition is an opportunity to bridge this gap in expectations. » Read More...

 
PLANT 
 

DesRosiers says February auto sales up 5.1 per cent from a year earlier

DesRosiers Automotive Consultants Inc. says light vehicle sales in Canada were up 5.1 per cent in February from a year earlier. » Read More...

Nevada board to vote on $330M in additional Tesla tax breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility. » Read More...