Ontario is positioned to become a leader in advanced marine technologies. Not only do Ontario-based companies have access to skilled employees, but our proximity to the Great Lakes region supports better product testing and commercialization opportunities. The government realizes this opportunity and has begun investing in marine technology companies. On November 8, 2016, the Ontario…
Ontario’s economic health is largely affected by manufacturing exports. In 2015, Ontario manufacturers generated nearly $290 billion in revenue; approximately $197 billion of this was from international customers. Manufacturers who export their products play a valuable role in boosting the province’s economy, from creating high value jobs to generating wealth that fuels future investments. But…
The Canadian manufacturing industry lacks a clear identity, and it’s hindering our ability to be competitive on a global stage. In 2015, Canadian manufacturing sales totalled $610 billion. As of September 2016, sales are on pace to hit $571.9 billion. This $38 billion decline in sales further compounds losses from 2014-15 and continues to jeopardize…
After 52 years in business, Cambridge Towel is expected to close its doors on November 30, 2016. The closure means that 120 unionized and 40 non-unionized jobs will be lost. After losing a major contract with Walmart in March 2016, the textile manufacturer faced financial pressure and has recently entered bankruptcy protection. Cambridge Towel understood the difficulties…
Jet planes were always something that amazed me growing up. Taking a giant metal ship and make it soar through the sky at 1,000 km/h by burning dinosaur remains was undeniably cool. I was far from alone in this method of thinking; in Ontario aerospace is a big deal. The Ontario aerospace sector, despite what…
Dajcor Aluminum Ltd. engineers and manufacturers extruded and fabricated metal components. Their products are used for a range of industries, including the automotive, construction, marine, and indoor plumbing sectors. The Chatham-Kent, Ontario-based business has been in operations since 2010 and now maintains 140 employees. The aluminum manufacturer was recently announced as recipients of over $1…
Now that summer is officially over, small businesses are returning to maximum productivity. However as Canadian companies race towards the end of the calendar year, it’s important to remember there are significant opportunities to learn and grow your company through professional and industry events. Business owners and executives can make the most of October by…
New vehicle innovations are reshaping the automotive industry at a more rapid pace than ever before. Global manufacturers are developing new products and processes at an accelerated rate, which is helping the automotive industry to become more efficient and technologically advanced. One of the major trends leading this revolution is the lightening of vehicles throughout…
Brotech Precision CNC is a custom manufacturer of Computer Numeric Control (CNC) precision-machined metal components. Since 1995, the company has been a valued supplier to some of the world’s most innovative businesses in the aerospace, medical, military, and the energy industries. The manufacturer was recently announced as recipients of Ontario government funding through the Southwestern…
Treasure Mills Inc. has been recently announced as recipients of the Growing Forward 2 Ontario government funding program. The company will leverage up to $100,000 in Ontario small business grants to purchase/install automated baking and washing equipment while also improving their drainage and refrigeration systems. The Aurora, Ontario food processor is the latest of many…