Mapping Canada’s future

10. Nov. 2015 News & Commentary   0 comments

November 10, 2015 by Matt Powell, Associate Editor Although manufacturing may be down, it’s certainly not out, but Canadian companies and policy makers are facing some complex and multi-faceted challenges. That was the message at an early September meeting of the minds in Toronto, hosted by the University of Western Ontario’s Ivey Business School, which …

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Toyota to make RAV4 in plant that lost Corolla production

10. Nov. 2015 News & Commentary   0 comments

Toyota Motor Co. has announced it will produce the RAV4 sport utility vehicle , including its hybrid version, at its plant in Cambridge, Ont., beginning in 2019. That’s the same plant that earlier this year learned it had lost production of the Corolla to a plant in Mexico. Toyota moving Corolla production to Mexico from …

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Magna investing millions in Ontario tool and die shop

05. Nov. 2015 News & Commentary   0 comments

CONCORD, Ont.—Walking the plant floor at Tycos Tool & Die, a unit of Magna International Inc., the changing face of North American manufacturing could not be more evident. With a fleet of new machines positioned among a handful of old “workhorses” that haven’t missed a beat since the Cold War, the 115,000 square-foot facility in …

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Spotlight: GM’s autonomous cars being developed in Ontario, not Silicon Valley

29. Oct. 2015 News & Commentary   0 comments

October 29, 2015 – As automotive technology evolves toward autonomous cars, a need arises for skilled software engineers to fill a growing gap in talent. For many, Silicon Valley might seem like the obvious place to turn, but that is not what the GM Global Product Chief, Mark Reuss told Wall Street analysts at the …

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Ontario drone maker, Aeryon Labs, secures $60M in growth financing

24. Oct. 2015 News & Commentary   0 comments

Waterloo, Ont.—Aeryon Labs Inc., a company that’s gone from fledgling to global player in less than a decade, has taken the next step in its effort to dominate the skies. The Waterloo, Ont.-based small unmanned aerial systems manufacturer has secured a $60 million investment from global growth equity firm, Summit Partners. The company said the influx …

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Ontario Helps Brass Fittings Maker Grow its Business

23. Oct. 2015 News & Commentary   0 comments

October 23, 2015 9:10 A.M. Ministry of Economic Development, Employment and Infrastructure Ontario is partnering with Cambridge Brass Inc. to expand and grow the company’s Cambridge plant, creating 18 new jobs and retaining over 100 positions over five years. Cambridge Brass Inc. is a manufacturer of brass fittings for water utility professionals in Canada, the …

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