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The second quarter Sales History & Outlook Report released by the Power Transmission Distributors Association (PTDA) shows power transmission/motion control (PT/MC) distributor sales have declined 6.1 per cent from one year ago. Leading indicators suggest the weakness in sales will abate by the end of 2016.
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Suncor’s 2017 corporate guidance includes a capital spending program of between $4.8 billion and $5.2 billion and average production of 680,000 to 720,000 barrels of oil equivalent per day (boe/d). The numbers point to an increase to production and a clamp down on capital spending.
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Ford Motor Company of Canada Ltd. says Mark Buzzell will take over as its president and CEO at the start of next year, replacing Dianne Craig.
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Lawson Products, Inc., a distributor of products and services to the MRO and automotive marketplaces, has acquired Mattic Industries Limited, a Vancouver-based distribution company.
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Danfoss, a leading manufacturer of high-efficiency components and controls for air-conditioning, heating, refrigeration, industrial, and water systems, recently named Lars Rasmussen as vice president of its heat exchangers business.
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Sikorsky, a Lockheed Martin company, and the Saskatchewan Indian Institute of Technologies (SIIT) celebrated the transfer of an S-76A helicopter maintenance trainer to the Saskatchewan Aviation Learning Centre. Valued at CAD 1.3 million (USD 945,000), the non-flying, twin-engine helicopter provides a learning tool for students pursuing a career in aviation maintenance.
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The Association of Equipment Manufacturers (AEM) announces the 2016 inductees into the AEM Hall of Fame, which recognizes and celebrates outstanding individuals in the off-road equipment industry, and their legacy of innovation, service and leadership. The two distinguished inductees into the 2016 AEM Hall of Fame are Ray Hagie, founder of Hagie Manufacturing LLC, and Robert L. Vermeer, chair emeritus of Vermeer Corporation.
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Date: November 29 - December 1, 2016
Location: Düsseldorf, Germany
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Date: January 17 & 18, 2017
Location: St. Catharines, ON
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Date: March 7 – 11, 2017
Location: Las Vegas, NV
» more info
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