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Management - Page 52
Financing turnkeys frees cash flow
- By Ken Hurwitz
- Feb 20, 2019
- Blog Post
Buying machinery and other equipment always is a difficult process financially. This gets even trickier with turnkey setups and the impact financing such a transaction has on a manufacturer’s cash flow. When I started in this industry in the early ’90s, I was working for my family importing...
Hexagon's HP-L-5.8 Fixed-Line blue laser scanning sensor creates point cloud measurements
- Feb 19, 2019
- Product Release
Hexagon introduces the HP-L-5.8 Fixed-Line blue laser scanning sensor for creating point clouds. The systems performs point cloud measurements from dark or shiny surfaces. Designed to be rugged and compact, it protects the sensor from collisions and vibrations and is suitable for use in areas...
Canadian Aerospace Summit celebrates industry leadership
- Feb 18, 2019
- News Release
The 2018 Canadian Aerospace Summit headlined a series of three aerospace events in November 2018. Along with the summit, aerospace industry leaders also attended the 2018 GARDN Conference, as well as the 2018 Transport Canada Delegates Conference. Hosted by the Aerospace Industries Association of...
The economy faces a bleak midwinter
- By Joe Thompson
- Feb 12, 2019
- Blog Post
Economic winter is coming. This is the warning from some economists. Sometime toward the end of 2019 or in early 2020, the talons of a worldwide economic slowdown will dig into the world’s economy. Pundits say that the U.S., Europe, and China, whose fiscal slowdown may already be starting as...
Bombardier shakes up senior leadership team
- Feb 11, 2019
- News Release
Bombardier, a Montreal-based aerospace and transportation manufacturer, is making changes to its senior leadership team. Danny Di Perna has been appointed president of bombardier transportation, effective immediately. Previously, Di Perna led Bombardier’s Aerostructures and Engineering Services...
Unifor Canada slams automaker in Super Bowl ad "GM leaves Canadians Out In the Cold”
- Feb 4, 2019
- News Release
Unifor is upping its new #SaveOshawaGM campaign by airing an ad during Super Bowl LIII on February 3. The commercial titled “GM leaves Canadians Out In the Cold” is a scathing rebuke of GM Canada's plans to close the Oshawa plant. The automaker attempted to stop the broadcast, sending a...
Centennial College opens Downsview Campus for aerospace and aviation programs
- Feb 1, 2019
- News Release
Centennial College has announced the opening of its new $72-million Downsview Campus facility. The college will be relocating its Aviation Technician programs, as well as the related aircraft and equipment from the Ashtonbee Campus Hangar in Scarborough. The new campus will include more space for...
Ford Canada appoints new president and CEO
- Jan 24, 2019
- News Release
Ford Motor Company of Canada has named veteran Ford executive Dean Stoneley as president and CEO, replacing Mark Buzzell. Stoneley who began his career with Ford of Canada in 1992, is returning effective February 1, to lead Ford of Canada's operations across the country, including a national...
GM reaffirms commitment to Ontario operations outside of Oshawa plant
- Jan 23, 2019
- News Release
GM met with federal and Ontario governments at the Detroit auto show last week. The auto maker affirmed that it plans to continue its manufacturing in Canada at its Ingersoll and St. Catharines plants. GM explained that there is no viable business case for keeping production at the Oshawa Assembly...
Finding funding for startups
- By Ken Hurwitz
- Jan 23, 2019
- Blog Post
To begin 2019 I thought it would be a good idea to talk about how equipment lenders look at startup businesses and how these new ventures can find financing. This is a question I get on a regular basis because there are not many options for young, growing businesses. When the market is busy, many...
Manufacturers face immediate labour shortage
- Jan 21, 2019
- News Release
Canadian Manufacturers & Exporters (CME) recently issued its biannual “Management Issues Survey” (MIS). The results of the study show that Canadian manufacturers are struggling to find workers with the right skills, and they are deeply concerned about Canada’s eroding business...
What is smart manufacturing?
- By Joe Thompson
- Jan 11, 2019
- Blog Post
Smart manufacturing is defined as “manufacturing that improves its performance aspects with integrated and intelligent use of processes and resources in cyber, physical, and human spheres to create and deliver products and services, which also collaborates with other domains within an enterprise’s value chain.
“First Man” movie opens to large aerospace crowd
- Jan 10, 2019
- News Release
On Oct. 12 approximately 250 suppliers to Montreal’s aerospace community gathered at the Colossus de Laval theatre and entertainment complex for a premier showing of “First Man,” the movie that traces the history of the first moon landing in 1969. The film focuses on the life of American...
Next-Gen Manufacturing Leaders
- By Joe Thompson
- Jan 8, 2019
- Article
To keep a high level of excellence we need more skilled and semi-skilled workers for our manufacturing facilities.
Technology renewal the theme of Italian machine tool show
- Jan 8, 2019
- News Release
In October Milan, Italy, hosted the 31st edition of the BI-MU machine tool show that featured the latest machine, robotics, automation, and auxiliary technology. More than 65,000 visitors attended the five-day event, which was promoted by UCIMU-SISTEMI, the Italian machine tool, robotics,...
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