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More from Canadian Metalworking
Canadian dollar slightly lower following solid gain
- By Canadian Metalworking
- Oct 18, 2012
- Metalworking
- Article
TORONTO – The Canadian dollar was slightly lower Thursday after running up nearly a full cent a day earlier. The loonie was down 0.09 of a cent to 102.16 cents US on Thursday, amid little domestic corporate news and lower prices for oil and other commodities. The latest Chinese data indicated...
ESAB introduces new Purox Torch
- By Canadian Metalworking
- Oct 17, 2012
- Welding
- Article
ESAB has announced the introduction of a new and improved line of combination cutting torches as part of the new Purox Elite Series of gas apparatus products. The Purox Elite Series Combination Torch includes the WH-4200 handle and CA-4200 cutting attachment. It can weld material up to one inch...
Manufacturing sales roar back, but outlook for future months remains weak
- By Canadian Metalworking
- Oct 16, 2012
- Metalworking
- Article
OTTAWA – Canada's battered factory sector rebounded strongly in August, a welcome and surprising development that could help rescue the third quarter numbers for the economy. Statistics Canada reported manufacturing sales rose 1.5 per cent to $49.5 billion during the month to the highest...
Manufacturing sales rose 1.5 per cent in August: StatsCan
- By Canadian Metalworking
- Oct 16, 2012
- Metalworking
- Article
OTTAWA – Statistics Canada says manufacturing sales rose 1.5 per cent to $49.5 billion in August, the highest sales level since March 2012. It says the gains mainly came in higher sales in the petroleum and coal products, and motor vehicle industries. Constant dollar sales were up 1.8 per...
CEP votes massively in favour of merger with CAW to create private sector union
- By Canadian Metalworking
- Oct 15, 2012
- Metalworking
- Article
The Communications, Energy and Paperworkers Union of Canada has voted by a large majority in favour of creating the country's largest private sector union by merging with the Canadian Auto Workers. CEP president Dave Coles said that more than 90 per cent of delegates to the national convention in...
Okuma America announces new member of Partners in THINC
- By Canadian Metalworking
- Oct 15, 2012
- Metalworking
- Article
CHARLOTTE, N.C. – Okuma America has announced that ABB Robotics has joined the Partners in THINC network of companies. ABB manufactures and supplies robots, robot software, peripheral equipment, process equipment, modular manufacturing cells and service tasks such as welding, handling,...
Canadian Auto Workers and CEP to announce results of vote creating super union
- By Canadian Metalworking
- Oct 15, 2012
- Metalworking
- Article
QUEBEC – The Communications, Energy and Paperworkers Union of Canada is set to announce the results of a merger vote with the Canadian Auto Workers union that would create Canada's largest private sector union. The results will be disclosed at 1:00 p.m. in Quebec City at the CEP's national...
Westway Machinery celebrates firm’s 40th anniversary
- By Canadian Metalworking
- Oct 12, 2012
- Metalworking
- Article
Westway Machinery celebrated the firm’s 40th anniversary with an open house at their Mississauga, Ontario location on October 11th. The event featured live product demonstrations and seminars. Seminar topics included “Maximizing press brake productivity”, with Jim DeCarlo of Wila...
Deep Pockets
- By Canadian Metalworking
- Oct 12, 2012
- Automation and Software
- Blog Post
The metalworking industry is simple to understand: we either make parts, or the tools that make parts. Both have challenges, but in each case, offshore competition, slimmer margins and tighter tolerances make it harder to win and keep a good job. Job shops specializing in mold and die work also...
Airbus Military partners with Discovery Air on bid for SAR contract
- By Canadian Metalworking
- Oct 11, 2012
- Metalworking
- Article
Airbus Military has announced they have formed a partnership with the Canadian group Discovery Air to bid on a contract from Canadian Search and Rescue (SAR). The CEO of Discovery Air, Brian Semkowski, and the SVP Commercial of Airbus Military, Antonio Rodriguez-Barberan, announced the signing of a...
Haas Automation hosts its Demo Day in Toronto
- By Canadian Metalworking
- Oct 10, 2012
- Metalworking
- Article
As part of "Demo Day 19", Haas Automation was showing off a variety of machines today at their Toronto-area factory outlet. The event was well attended by a variety of people across the industry, who took in live demonstrations of the newest horizontal and vertical machines as well as an...
Ontario to open trade office in Alberta to maximize business
- By Canadian Metalworking
- Oct 10, 2012
- Metalworking
- Article
EDMONTON – The province of Ontario has gone from criticizing the oilsands to opening a trade office in Alberta to capture their economic benefits. Ontario's minister for economic development Brad Duguid says he is opening a full-time office in Alberta to help businesses from his province make...
Toronto stock market heads for negative session amid disappointing Alcoa outlook
- By Canadian Metalworking
- Oct 10, 2012
- Metalworking
- Article
TORONTO – The Toronto stock market looked set to head lower Wednesday as a weak outlook from resource giant Alcoa Inc. added to a pessimistic global economic assessment from the International Monetary Fund. The Canadian dollar rose 0.11 of a cent to 102.3 cents US. New York futures were...
Aluminum manufacturer Alcoa posts $143M loss, but operating net and revenue top estimates
- By Canadian Metalworking
- Oct 9, 2012
- Metalworking
- Article
Aluminum manufacturer Alcoa Inc. says it lost $143 million in the third quarter due to charges, but otherwise topped Wall Street's expectations. Alcoa said Tuesday that the loss amounted to 13 cents per share. That compares with net income of $172 million, or 15 cents a share, a year ago. But...
Machine tool, die and mould-making sector on the comeback trail
- By Canadian Metalworking
- Oct 9, 2012
- Automation and Software
- Article
Platinum Tool Technologies of Oldcastle, Ontario is on a roll. The company, which designs, manufactures and repairs industrial moulds, recently invested $2.5 million in new equipment and opened an ancillary facility in Mexico. Estimated 2012 revenues alone for the company’s Canadian plant...
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