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…