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News - Page 360
Bombardier progressing towards first flight after powering up CSeries
- Mar 26, 2013
- Metalworking
- News Release
MONTREAL -- Bombardier says it is progressing towards the maiden flight of its new CSeries airplane after fully powering up the main electrical systems on the initial test aircraft and completing stress testing of the wings. "Every milestone builds more confidence," says Rob Dewar, vice-president...
CAW, General Dynamics reach tentative deal just hours before strike deadline
- Mar 25, 2013
- Metalworking
- News Release
LONDON, Ont. -- Management and workers at one of London, Ont.,'s largest employers have reached an eleventh-hour tentative deal. Negotiators with the Canadian Auto Workers union and General Dynamics came to an agreement just hours before Sunday's midnight strike deadline. Details of the proposal...
Talks between GM and CAMI workers stall
- Mar 22, 2013
- Metalworking
- News Release
INGERSOLL, Ont. -- The union representing 2,900 workers at a General Motors plant in Ingersoll, Ont., says it needs more time for negotiations. The Canadian Auto Workers union originally wanted to present a tentative agreement to its members at a meeting scheduled for Sunday, but it has cancelled...
Quebec: We want out of this new federal skills program
- Mar 22, 2013
- Metalworking
- News Release
QUEBEC -- The Quebec government has formally requested to be excluded from the new federal skills-training program. The province's pro-independence government is particularly livid about the budget, and has held two news conferences 18 hours apart in order to blast it. It stresses that labour...
Gaz Metro postpones extension of natural gas pipelines to Quebec north shore
- Mar 22, 2013
- Fabricating
- News Release
MONTREAL -- Gaz Metro is postponing its 450-kilometre extension of natural gas pipelines to Quebec's north shore region after feasibility studies concluded that weak market conditions for iron ore will make it difficult to reach long-term agreements with major industrial clients. The...
Federal budget endorses job creation plan linked to future military purchases
- Mar 21, 2013
- Automation and Software
- News Release
OTTAWA -- The federal budget has endorsed a major report that urged the government to use the hundreds of billions of dollars of projected military spending to a job-creation strategy for the Canadian defence industry. The Public Works Department commissioned the report by Tom Jenkins, chairman of...
Survival of the fittest - the process control imperative
- Mar 21, 2013
- Automation and Software
- News Release
In the face of international rivals, manufacturers need to constantly focus on their operating margins if they are to remain competitive. But what is the best way to tackle waste and boost profits? This paper explores four areas in which substantial productivity gains can be made if firms are...
Bombardier expects to boost dividend as revenues surge in five years
- Mar 21, 2013
- Metalworking
- News Release
Bombardier says it is positioned to nearly double its annual revenues over the next five years and generate enough cash to boost its dividend and restore its investment grade credit rating, the transportation giant told an investors conference in New York on Thursday. The Montreal-based maker of...
Deficit elimination means not much action in new economic action plan
- Mar 21, 2013
- Metalworking
- News Release
OTTAWA -- Having all but ruled out new spending, the trick for Jim Flaherty in Thursday's budget is to maintain the impression of "action" in his fifth instalment of the Economic Action Plan series that was created as a response to a global economic meltdown. The finance minister has made returning...
New ISO calculates CO2 emissions in steel production
- Mar 21, 2013
- Metalworking
- News Release
A new ISO (International Organization for Standardization) has been published that calculates the carbon dioxide emissions from iron and steel production. The standard is based on the CO2 data collection methodology that has been used for the past five years in the industry. The data used in the...
Auto parts maker Martinrea International reports steep loss in Q4 earnings
- Mar 21, 2013
- Automation and Software
- News Release
TORONTO -- Auto parts company Martinrea International Inc. has reported a big earnings drop in its latest quarter compared to a year earlier, which the company blamed on restructuring and other operational costs at several of its plants. The Toronto-based company said it lost $6.6 million, or eight...
CAW calls for more job creation in federal budget
- Mar 20, 2013
- Metalworking
- News Release
TORONTO -- The CAW is calling on federal Finance Minister Jim Flaherty to focus on job creation, not more spending cutbacks in his 2013 budget, to be unveiled tomorrow. "Canada's public debt is small, relative to past history and to the debt problems faced in other regions, such as...
ADF gets $46.6 million contract to build steel structure for Quebec amphitheatre
- Mar 20, 2013
- Fabricating
- News Release
TERREBONNE, Que. -- ADF Group Inc. has been confirmed as the winning bidder to make and install the steel structure for a new $400-million amphitheatre in Quebec City. The contract is worth $46.6-million to the company, which is based in Terrebonne, Que., about 30 kilometres north of Montreal....
Makino hosts technology event for jet engine and turbine manufacturers
- Mar 19, 2013
- Metalworking
- News Release
MASON, Ohio – Makino has announced they will be holding a special two-day event focused on the manufacturing of components for jet engine and turbine segments in the aerospace and energy industries. The event, titled "New Technologies for Jet Engine and Turbine Manufacturing" is slated...
Flaherty sets priorities for budget: skills, infrastructure, manufacturing
- Mar 19, 2013
- Metalworking
- News Release
OTTAWA -- Finance Minister Jim Flaherty is signalling he'll concentrate on skills training, infrastructure and the battered manufacturing sector in Thursday's budget. The finance minister outlines the three priorities in a letter to the Conservative caucus, but offers few specifics. The letter is...
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