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In support of this investment, Ontario is providing Hanon Systems with $10 million through its Invest Ontario Fund.
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The company said it plans to use the net proceeds for general corporate purposes, which may include repaying debt, additions to working capital, capital expenditures, and funding and investments in its subsidiaries.
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In every business, materials move. They are shipped, lifted, stacked, moved, pushed and pulled, a process known as material handling. This poses risks to workers from equipment, machinery, or manual handling. Identifying and managing these hazards is key!
WSPS offers consulting services to help businesses achieve a safer workplace.
» Connect to a WSPS Consultant today!
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The funding will ensure NFI Group can meet Canadian standards and will support the development of workforce training specific to zero-emission vehicle manufacturing including a proposed "Zero-Emission Pre-Apprenticeship Program."
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Minister Sajjan made the announcement while visiting Nanak Foods Inc., a food manufacturer receiving $5 million in funding through PacifiCan's Business Scale-up and Productivity (BSP) program.
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Join our panel of Click Maint CMMS consultants for a live 45-minute webinar on how to use CMMS Mobile Apps to optimize maintenance operations to improve management of work orders, service requests, preventive maintenance, assets, and spare parts.
» Register now!
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Honda Canada’s leader emphasized that the automotive company believes electric vehicles are the future, and will have their first manufacturing plant ready in 2028 with this in mind.
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As more companies turn to AI for predictive analytics, automated resource allocation and real-time project tracking, the industry is shifting toward a data-driven approach that enhances agility and efficiency.
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Consumer spending is flying, but manufacturing revenue is declining. Why?
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Canada’s largest annual conference dedicated to maintenance and physical asset management.
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By continuously monitoring key parameters and delivering real-time analytics, users can interpret the data to detect early warning signs of equipment stress or failure.
» Read More...
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