Home to five auto assemblers, 700 parts suppliers, and more than 500 tool, die, and mould makers, Ontario is regarded as a source of high-quality automotive manufacturing. Over the last five years, Ontario assembly plants produced nearly 16 per cent of North American-made vehicles; more than any other North American state or provincial jurisdiction. The…
Three manufacturers in Cambridge, Ontario have been announced as recipients of the Southwestern Ontario Development Fund (SWODF). Nearly $2 million will be allocated between these businesses, which is expected to create 130 long-term jobs, while maintaining 476 current positions over the next four years. Each manufacturer will leverage these funds for strategic projects including facility…
The “Internet of Things”, or “IOT”, is a phrase that’s being used a lot these days. Many bloggers, commentators, and analysts are trying to pin-point what the Internet of Things will mean for specific industries, business in general, and even how it will change our personal lives. The goal of this post is to explain…
Essar Steel Algoma is a northern Ontario steel manufacturer operating from Sault Ste. Marie, Ontario. Their products, including rolled sheet and plate metal, service customers in a variety of automotive, manufacturing, construction, and energy industries. Essar Steel has recently been announced as the recipients of $60 million in Canadian government funding, which will provide capital…
Kaizen, a Japanese word for “improvement”, is often used in business environments to implement and improve standardized activities & processes. Introduced by Toyota after World War II, kaizens have now become common practice in the manufacturing industry to continuously improve methods or procedures that increase productivity, eliminate waste, and/or reduce costs. However, with the vast…
Canadian manufacturers have a variety of financing methods to help them grow their business and increase productivity. Canadian government grants, loans, and tax incentives all provide benefits to Canadian manufacturers which helps them to strengthen operations and become more competitive globally. However, just 16% of manufacturers will be using government funding programs this year, according…