On July 15, 2019, the Canadian Tooling & Machining Association (CTMA) and the Ontario Provincial Government announced the launch of the Career-Ready with CTMA program – a new hiring program in partnership with Mentor Works Ltd. This program is helping close the skilled trades gap in the Machine, Tool, Die & Mould (MTDM) sector in…
Companies need working equipment to operate efficiently and generate revenue. In fact, many organizations rely exclusively on a few pieces of specialized equipment to run their entire business. Following a breakdown, major losses can occur and many organizations turn to equipment breakdown insurance. This is one of the most important parts of a manufacturer’s protection…
UPDATE: View the 2020 application page for Career-Ready with CTMA. Ontario-based automotive suppliers are constantly seeking high-quality manufacturing employees. Recruiting youth workers is a great way to build your team, which is why the new Career-Ready with CTMA program has been launched, starting today, July 15. The program is specifically designed to close the skilled…
Precision Fab Inc. (PFI) is an ISO 9001 certified manufacturer of metal racking for the automotive, aerospace, and material handling industry. Headquartered in Aylmer, Ontario, the company operates three North American manufacturing facilities and continues expanding its operations through strategic investment projects. In recent years, Precision Fab has used Canadian manufacturing grants to help spur…
New challenges arise every day when organizations grow at a rapid pace. With the right information, these challenges can be turned into opportunities; however, in normal business conditions, such opportunities may be hidden due to a lack of visibility or transparency in business processes. This is where enterprise resource planning (ERP) systems play a significant…
Traditional approaches to business budgeting often rely on adding or subtracting from previous budgets according to anticipated changes over the coming period. While this approach can provide reasonable budgets, it can also instill the wrong mentality in employees. With the traditional approach to budgeting, people try to make sure they’ve spent their budget so next…
What can a risk manager learn from today’s major recalls and the large amount of media attention they attract? For consumer goods manufacturers and distributors, it serves as a wake-up call to the impact of a product recall event and a lesson in what should be done now to prepare for potential exposures. Despite recall…
Next Generation Manufacturing Canada (NGen) is an industry-led, non-profit organization dedicated to building next generation manufacturing capabilities. It is one of six “superclusters” created from Canada’s Innovation Superclusters Initiative and maintains a pool of funding to award to competitive member-based projects. This pool of funding created the NGen Manufacturing Program, which seeks competitive proposals for…
Canadian automotive manufacturers can accelerate growth by integrating their strategic activities with government funding, but how exactly does it work? How do other automotive manufacturers use government grants and loans to enhance investments and drive organizational success? It can be difficult to visualize the impact of developing and executing a multi-program government funding plan, especially…
Consider this scenario: A customer asks your company to manufacture a part according to certain specifications, which were outlined in a contract. He needs to add the part to his product and ship it to his customers by a set deadline. Your company creates the part, but due to an error that occurs during the…