- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
News - Page 359
New Flyer gets 120 bus order from Phoenix transit system, for delivery in 2014
- Apr 2, 2013
- Automation and Software
- News Release
WINNIPEG -- The Phoenix transit system has ordered 120 buses from New Flyer Industries Inc., to be delivered next year. The Winnipeg-based company says the buses will be made at its plant in St. Cloud, Minn., starting in the fourth quarter of 2013. New Flyer didn't disclose the value of the order,...
Bombardier nets $145 million order for German trains
- Apr 2, 2013
- Fabricating
- News Release
Bombardier Transportation has been awarded a contract to supply Germany's Deutsche Bahn AG (DB AG) with 12 TWINDEXX Vario trains. The order was placed at the end of March 2013, and is valued at approximately $145 million US. The contract is part of a framework agreement signed in...
Wilkinson Steel and Metals to sell assets to Samuel, Son & Co.
- Apr 1, 2013
- Metalworking
- News Release
VANCOUVER -- Wilkinson Steel has announced it reached an agreement to sell its assets to Samuel, Son & Co.The transaction is expected to close late next month following regulatory approval.Wilkinson is a steel and metal service centre that supply the resource based economies in the country's...
China's manufacturing growth improves in March, rebounds off five month low
- Apr 1, 2013
- Metalworking
- News Release
BEIJING -- Growth in China's manufacturing picked up in March in a potentially positive sign for the recovery in the world's second-largest economy. The China Federation of Logistics and Purchasing said Monday that its Purchasing Managers' Index rose to 50.9 in March from 50.1 in February,...
Velan wins nuclear valve contract in China worth $9.7M
- Apr 1, 2013
- Fabricating
- News Release
MONTREAL – Velan S.A.S. has won a contract to supply nuclear class control globe valves to the China Nuclear Energy Industry Corporation (CNEIC). The valves will be used on the two new VVER (The Russian design pressurized water reactor) type nuclear power plants of Tianwan Units 3 and 4....
American manufacturing data for March drives loonie lower
- Apr 1, 2013
- Automation and Software
- News Release
TORONTO -- The Canadian dollar was lower Monday morning amid mixed commodity prices and ahead of the latest reading on the American manufacturing sector. The loonie was down 0.14 of a cent to 98.29 cents US as traders also took in positive data from China's manufacturing sector. The U.S. Institute...
Stronach nets $47.3M in compensation from Magna in 2012
- Mar 29, 2013
- Metalworking
- News Release
AURORA, Ont. -- Auto parts company Magna International Inc. paid founder Frank Stronach a total compensation package worth nearly $47.3 million in 2012, up from nearly $41 million in 2011. Stronach, who resigned from the Magna board last year, was paid $44.3 million in a cash profit sharing bonus,...
Real GDP up 0.2 per cent in January, led by manufacturing: StatsCan
- Mar 28, 2013
- Metalworking
- News Release
OTTAWA -- Statistics Canada says the economy grew by 0.2 per cent in January after shrinking 0.2 per cent in December. It says manufacturing was the largest contributor to the increase in real gross domestic product. Manufacturing output expanded 1.2 per cent in January, following a 1.9 per cent...
OECD says world economy rebounding; Canada lagging U.S., Japan Germany
- Mar 28, 2013
- Automation and Software
- News Release
PARIS -- Canada is expected to lag several other members of the Group of Seven industrial countries in the first quarter even as the global economy begins to rebound, the Organization for Economic Co-operation and Development said Thursday. The international economic think-tank estimates...
43 per cent of Canadian business community give budget a "B" or higher: survey
- Mar 28, 2013
- Automation and Software
- News Release
TORONTO -- A survey conducted by the accounting firm Ernst & Young has found that 43 per cent of Canadian business people graded last week's federal budget a "B" or higher. Overall, respondents were generally split down the middle on the specific measures it entailed, the firm found. "Not...
Magellan Aerospace sees profits soar in Q4
- Mar 27, 2013
- Metalworking
- News Release
TORONTO -- Magellan Aerospace Corp. is reporting an almost 33 per cent increase in fourth-quarter earnings, citing improved business from commercial airplane manufacturers among the reasons. The Mississauga, Ont.,-based supplier of components for the aerospace and power generation industries says...
Suzuki to halt Canadian car sales after 2014
- Mar 27, 2013
- Automation and Software
- News Release
RICHMOND HILL, Ont. -- Suzuki Canada says it plans to stop selling automobiles in the country after the 2014 model year. However, the company says it will fully honour all product warranties and will ask current dealers to become warranty and service points as they transition out of the...
Slovakia signs deal to have US Steel retain ownership of mill employing thousands
- Mar 26, 2013
- Metalworking
- News Release
BRATISLAVA, Slovakia -- The Slovak government and U.S. Steel signed a deal Tuesday that will ensure the American company remains the owner of a steel mill employing thousands for at least five more years. "Today, we created conditions to motivate U.S. Steel to stay in Slovakia and continue to...
WTO candidate says Canada needs more diversified approach to trade
- Mar 26, 2013
- Metalworking
- News Release
OTTAWA -- A leading candidate for the World Trade Organization's top job says Canada needs to diversify its trade reach, especially in the fast-growing Asian economies. Mari Pangestu, Indonesia's tourism minister and a candidate to replace outgoing Pascal Lamy later this summer, said in an...
Budget 2013 an encouraging boost to manufacturing
- Mar 26, 2013
- Welding
- News Release
Top of mind for the Canadian Manufacturers and Exporters (CME) in its statement after the budget was the extension of the Accelerated Capital Cost Allowance through 2015, investing in the aerospace and automotive sectors, supporting advanced manufacturing projects in southern Ontario and measures...
subscribe now
Keep up to date with the latest news, events, and technology for all things metal from our pair of monthly magazines written specifically for Canadian manufacturers!
Start Your Free Subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of Canadian Metalworking.
Easily access valuable industry resources now with full access to the digital edition of Canadian Fabricating & Welding.
- Trending Articles
Aluminum MIG welding wire upgraded with a proprietary and patented surface treatment technology
Automating additive manufacturing
Sustainability Analyzer Tool helps users measure and reduce carbon footprint
Achieving success with mechanized plasma cutting
CTMA launches another round of Career-Ready program
- Industry Events
MME Winnipeg
- April 30, 2024
- Winnipeg, ON Canada
CTMA Economic Uncertainty: Helping You Navigate Windsor Seminar
- April 30, 2024
- Windsor, ON Canada
CTMA Economic Uncertainty: Helping You Navigate Kitchener Seminar
- May 2, 2024
- Kitchener, ON Canada
Automate 2024
- May 6 - 9, 2024
- Chicago, IL
ANCA Open House
- May 7 - 8, 2024
- Wixom, MI
17th annual Joint Open House
- May 8 - 9, 2024
- Oakville and Mississauga, ON Canada
MME Saskatoon
- May 28, 2024
- Saskatoon, SK Canada
CME's Health & Safety Symposium for Manufacturers
- May 29, 2024
- Mississauga, ON Canada
FABTECH Canada
- June 11 - 13, 2024
- Toronto, ON Canada
Zoller Open House & Technology Days 2024
- June 12 - 13, 2024
- Ann Arbor, MI