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The upbeat figures stood in contrast with a year-over-year revenue drop of 12 per cent to US$1.28 billion in the quarter ended March 31, a total that fell below analysts' expectations.
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Combining ERP and supply chain management (SCM) software into a single technology solution helps manufacturers manage growth and navigate challenges.
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This large-scale project will see four new manufacturing plants in Ontario.
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AVL TSI Canada will provide testing equipment and software to large OEMs, universities, and research facilities in Canada.
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Interviews with manufacturing leaders reveal new areas of focus as businesses try and stay competitive amid inflation, trade regulations and other issues.
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Clarius Mobile Health's Canadian-made handheld devices are challenging the traditional ultrasound market with a slew of new ideas.
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VueReal is involved in the manufacturing of advanced microLED displays, using novel transfer technology to create displays that use less energy and are more sustainable for the environment.
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In a separate report, Statistics Canada said wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, were essentially unchanged in February at $82.2 billion.
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