Mfg. downturn persists in July: Report
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Editor's Note 
 
Hello, readers! Manufacturing activity dipped again in July, but the latest S&P Global PMI shows the decline may be slowing. It’s not great news, but in this climate, even a little less turbulence is worth reporting. Enjoy.
- Kirstyn Brown, Editor, Plant Magazine
 
News 
 
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Manufacturing sector contracts again in July, but pace of decline slows: S&P Global PMI

The report noted slower declines in both output and new orders, though both indicators remained in negative territory.


ABB announces $130M investment in Montreal facility

The project has reportedly received $16 million in funding from Investissement Québec.


Canadian trade with U.S. picked up in June despite tariffs: StatCan

The agency said exports to the U.S. rose 3.1 per cent in June compared with the prior month, but were still down 12.5 per cent on a year-over-year basis.


Stellantis CEO targets US turnaround as carmaker faces $1.7 billion hit from tariffs this year

The world’s fourth-largest carmaker, created 4 1/2 years ago from the merger of Fiat Chrysler and PSA Peugeot, is in talks with U.S. officials on how to mitigate the impact of tariffs, in particular on cars produced in neighboring Canada and Mexico.


 
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SPONSORED SPOTLIGHT 
 
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The role of Psychological Capital in building high-performing manufacturing teams

In an era where operational success depends as much on people as on processes, forward-thinking plant leaders are turning to a science-backed framework of hope, efficacy, resilience and optimism to build trust, boost performance and future-proof their teams. » Read More...
 
 
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