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The study informs us that Quebec manufacturing SMEs are taking a cautious approach to investments due to inflation and high interest rates, resulting in reduced investments until an expected recovery in 2025.
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Driving the manufacturing sales numbers for March was an 8.0 per cent drop in sales of petroleum and coal products to $8.0 billion as volumes fell 6.1 per cent.
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This material handling solution replaces six existing sorters, the first of which was installed by SDI Element Logic in 1996.
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Issues that remain on the table include inadequate wage increases, no increase to pension contributions and a lack of protection against the rising cost of living.
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Automate 2024 is expected to see more than 30,000 people peruse the halls of more than 800 plus exhibitors and many attendees are already saying it’s been busier than the year prior, which took place in Detroit, Mi.
» Listen here...
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Interviews with manufacturing leaders reveal new areas of focus as businesses try and stay competitive amid inflation, trade regulations and other issues.
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Honda’s decision capped a series of announced spending and investment initiatives (by both public and private interests) in Canada’s auto sector since 2020 totalling over $50 billion.
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VBI Vaccines Inc., a biopharmaceutical company, has expanded its collaboration with the Government of Canada, supported by a funding contribution from the government’s Strategic Innovation Fund (SIF).
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International Battery Metals Ltd. announced an agreement with US Magnesium LLC for the installation of its modular direct lithium extraction (DLE) plant installed at a brine resource.
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