Month: July 2017

Toronto's Birch Hill Equity Partners to buy CCM hockey brand from Adidas

MONTREAL—German sportswear manufacturer Adidas has announced an agreement to sell its CCM hockey-equipment subsidiary to a Canadian firm for US$110 million. The multinational said July 27 it will sell CCM to Toronto-based Birch Hill Equity Partners, with the majority of the transaction to be paid in cash. The deal is expected to close at the …

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2017 Automotive Technology Mission to China

Ontario Ministry of International Trade, in cooperation with the Canadian Trade Commissioner Service in China and Automotive Manufacturers’ Association of Canada, is organizing an Automotive Technology Mission to China in September 2017. You are warmly invited to partake in the mission to exhibit in the Ontario Pavilion at 2017 China International Auto Products Expo (CIAPE) …

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Monthly Survey of Manufacturing, May 2017

Manufacturing sales increased for the third consecutive month, up 1.1% to $54.6 billion in May. The gain was mainly attributable to higher sales in the transportation equipment and chemical manufacturing industries. Sales were up in 16 of 21 industries, representing 71% of the manufacturing sector. Sales of durable goods rose 2.2%, while sales of non-durable goods declined 0.3%. Chart 1   Manufacturing sales rise In constant …

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Manufacturing sector shows green shoots in North America

“You can’t import a vision … you can’t duplicate legacy. You can’t import the heart and soul of every man and woman workin’ on the line,” Bob Dylan said in a Chrysler commercial earlier this year. Maybe so, but how can we bring some manufacturing back to the shores of North America, or at least …

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Canada Goose opens two new facilities in Quebec, Ontario

TORONTO—Canada Goose Holdings Inc. has opened the doors at two new Canadian facilities and plans to create several hundred jobs in Quebec and Ontario over the next 18 months. The new additions include a 95,000 sq. ft. manufacturing plant in Boisbriand, Que. and a material and cutting distribution centre in Scarborough, Ont.—not far from the …

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