Food and beverage processing is Canada’s second largest manufacturing sector, accounting for 17% of the country’s annual manufacturing shipments. With more than 190 countries serving as export destinations for these products, Canadian firms are well positioned for international growth. With foreign demand continuing to increase, businesses should take advantage of new opportunities becoming available. Fortunately…
The Canadian manufacturing industry is entering a technological revolution where significant challenges and opportunities will need to be addressed. This period will benefit some while displacing the need for others. As a result, manufacturers will need to be agile and make investments so that they can leverage strategic growth opportunities as they arise. PLANT Magazine’s…
Northerm Windows and Doors has been awarded over $130,000 in government grants to help enhance its production capabilities at its facility in Whitehorse, Yukon. NRC-IRAP grants will allow Northerm to implement automation technologies and execute lean manufacturing process improvements. As a result, the company will double manufacturing capacity and boost its market competitiveness. Up to $130,345 in…
FedDev Ontario recently announced that it will provide local manufacturer, Stanpac, Inc., with a $4.5 million investment through the Investing in Business Growth and Productivity (IBGP) program. This Ontario government funding will help Stanpac expand its manufacturing operations in Smithville, Ontario. The expansion project, which is estimated to cost a total of $45.6 million, will allow…
Honda of Canada was recently awarded with $48.1 million in Canadian government grants through the Automotive Innovation Fund (AIF). This is the first time that the program has provided grants; previously the program only offered repayable funding. Through the announcement, further details were provided on the types of projects that will now qualify for automotive…
There were many signs of growth and prosperity for Canada’s manufacturing industry in 2016. New manufacturing orders increased by nearly 3%, a roadmap was developed to help the industry double in size by 2030, and investments are being made across all sectors, especially the automotive industry. Despite this success, a dark cloud still looms over…
Foam Solutions manufactures a range of products, from insoles to underlayments to yoga mats. As a leader in the development of advanced manufacturing technologies, Foam Solutions delivers innovative products and services to domestic and international markets. Foam Solutions’ (FSI) head office is in Markham, Ontario. To support their continued growth and innovation, FSI accesses Canadian…
Ontario’s advanced manufacturing industry is a top driver of Canada’s economic performance. In 2015 alone, manufacturing sales in Ontario contributed nearly $290 million in GDP and sustained nearly 800,000 high-quality jobs. One of the reasons for this success is because Ontario government funding supports manufacturing investments that lead to productivity improvements, innovation, and international exports….
Ontario’s economy is expected to achieve a 3% growth in GDP based on the province’s performance this year. Previous growth projections expected a 2.6% increase to the province’s GDP, however favourable conditions enabled businesses to increase their competitiveness and drive sales, both domestically and internationally. This is just one of the many trends identified in…
In order for Canadian businesses to develop innovative products and processes, a generation of skilled researchers and labourers must be raised. But despite the clear connection between research, engineering, and success in globally-competitive industries, 35% of Canadian manufacturers and exporters are unable to find and retain skilled labour. This disconnect is limiting growth potential and…