Magna acquires driver tech firm Veoneer

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Magna agrees to buy Swedish driver technology firm Veoneer for US$3.8B

The Ontario-based auto parts manufacturer will pay US$31.25 per share in cash, a 57% premium that reflects an enterprise value of US$3.3 billion » Read more

Production of De Havilland turboprops key to negotiations as strike deadline nears

The union wants De Havilland to commit to making the Dash 8 somewhere in Greater Toronto when production resumes » Read more

Export Development Canada commits to Net Zero by 2050

EDC has set a 2023 target of reducing its financing support to the six most carbon intensive sectors by 40% below 2018 levels » Read more

MANUFACTURING IN FOCUS

How the lights-out setting is redefining manufacturing

Automating the manufacturing process can offer substantial savings on labor costs, increase productivity and help companies achieve their sustainability goals » Read more

Agro-100 and Les Carrières BGR of Joliette have signed an agreement for high-tech agricultural inputs manufacturing

The alliance aims to consolidate the integrity of the manufacturing processes of ProKa and CalPoMag products » Read more

Global medical imaging & informatics market thrives with AI and cloud

The global medical imaging and informatics market is estimated to hit US$37.10 billion in 2021 from US$33.90 billion in 2020, registering growth at 9.4%, finds Frost & Sullivan » Read more

NEWS

GM issues 2nd Bolt recall; faulty batteries can cause fires

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Hemp having a moment as farmers try to grow niche crop into $1 billion industry

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Pembina to pocket $350M after terminating acquisition of Inter Pipeline

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Matcom calls for more Canadian greenhouse production

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Manac to build light capability trailer for General Dynamics

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MDA and Asia Pulp & Paper Sinar Mas awarded Project of the Year by Environment + Energy Leader magazine

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MANUFACTURING IN-DEPTH

Hydra Energy’s manufacturing propelling conversion of diesel fuel to hydrogen energy

Hydra Energy is currently using data to tackle the problem of how long it's taking to convert diesel trucks to hydrogen-fuelled ones » Read more

To ensure supply of the top 3 drugs used to treat COVID-19, it’s time to boost domestic medicine manufacturing

A lack of medicines manufacturing capability in Australia puts us at significant risk » Read more

The COVID-19 pandemic has revealed that global supply chains are a huge house of cards

In many cases supply chains have been simultaneously squeezed on both ends — supply and demand » Read more

Latest from plant

Seaway sees cargo surge

The St. Lawrence Seaway and Canadian ports including the Port of Thunder Bay are seeing a surge in commodity shipments to sustain domestic manufacturing and construction activity, according to June statistics. » Read more

Frontier Lithium appoints new member to board of directors

Frontier Lithium Inc. appointed Marc Boissonneault to its Board of Directors. » Read more