Canadian Plastics

Category
Automotive


October 17, 2017 News

Ontario moldmaker Weber Manufacturing investing $7.9 million to expand its plant

by Canadian Plastics

The project will boost the plant’s capacity by approximately 30 per cent and create 17 new jobs.

October 17, 2017 News

Magna to build new $100 million paint plant in Slovenia

by Canadian Plastics

Aurora, Ont.-based Magna said the paint shop will support its contract manufacturing site in Graz, Austria, about 75 kilometres away.

October 16, 2017 News

Capital investment in Canada’s auto sector well below pre-recession levels: report

by Canadian Plastics

The report from DesRosiers Automotive Consultants says investment has been almost cut in half, noting “Canada’s loss of investment market share to Mexico and the southern U.S. over this period has been well documented.”

October 10, 2017 News

Magna joins BMW, Intel in self-driving vehicle development

by Canadian Plastics

The core partners are developing the self-driving platform for an application in 2021.

October 3, 2017 News

Canadian vehicle sales remained “hot” in September: Scotiabank

by Canadian Plastics

U.S. purchases rebounded to a cycle-high in September, Scotiabank said.

October 2, 2017 News

Magna sweeps SPE Automotive Composites Conference awards

by Canadian Plastics

A carbon fiber subframe won for process innovation, a reclaimed carbon fiber body panel won for materials innovation, and both products tied for the People’s Choice award.

September 25, 2017 News

Magna opens new Shanghai engineering centre

by Canadian Plastics

The centre will deliver the latest mirror and vision systems technologies to Asian markets.

September 25, 2017 News

NAFTA benefits Canadian and U.S. auto sector, not just Mexico’s: report

by Canadian Plastics

In Canada, auto industry output is advancing nearly four times faster than the overall growth rate of manufacturing as a whole, the new report from Scotiabank said.

September 19, 2017 News

Ford cuts production at five North American plants

by Canadian Plastics

The Detroit-based automaker has announced shutdowns of between one and two weeks at several assembly plants making small cars, sports cars, sedans, and vans.

September 9, 2017 News

Magna expands in Alabama with aluminum casting facility

by Canadian Plastics

Ontario-based automotive parts maker Magna International Inc. is expanding operations to add aluminum casting capabilities at its Kamtek facility in Birmingham, Ala. Magna invested approximately US$60 million to add the 150,000-square-foot facility. At full capacity, the expansion has the potential

September 6, 2017 News

Record-setting Canadian vehicle sales continued in August: Scotiabank

by Canadian Plastics

U.S. fleet volumes began to stabilize from the double-digit decline of recent months, Scotiabank also said.

September 4, 2017 News

Global auto sales to set eighth consecutive annual record in 2017: report

by Canadian Plastics

The expanding global economy is leading to a re-acceleration in global auto sales, Scotiabank’s latest Global Auto Report said, and this economic growth is also lifting purchases in Canada

August 29, 2017 News

Magna invests in Israeli automated vehicle tech firm Innoviz

by Canadian Plastics

Innoviz designs Lidar sensors, a key piece of technology in the auto industry’s shift to self-driving cars.

August 25, 2017 News

Toray to build PPS resin compound production facility in Hungary

by Canadian Plastics

The new PPS plant will be located in the Hungarian city of Nyergesujfalu at the European headquarters of Toray’s U.S. subsidiary Zoltek Inc.

August 21, 2017 News

Adient buying automotive seating supplier Futuris Group

by Canadian Plastics

Automotive seating maker Adient PLC is acquiring competitor Futuris Group for US$360 million. Futuris, owned by affiliates of Clearlake Capital Group, is a global designer and manufacturer of fully integrated automotive seating and interior systems. Headquartered in Oak Park, Mich.,

August 16, 2017 News

Magna posts all-time quarter record sales in Q2 2017

by Canadian Plastics

“The year over year growth was achieved despite North American and European light vehicle production declining by 3% and 1%, respectively, both compared to the second quarter of 2016,” Aurora, Ont.-based Magna said in an Aug. 11 statement.

August 7, 2017 News

GM gains, Nissan slips in annual OEM-supplier relations study

by Canadian Plastics

Results of the new 17th annual North American Automotive OEM-Supplier Working Relations Index study revealed that GM now ranks ahead of Fiat-Chrysler US, Ford and Nissan, which is now in last place.

August 6, 2017 News

Toyota, Mazda partnering to build $1.6 billion auto plant in U.S.

by Canadian Plastics

The plant, which is scheduled to open in 2021, will employ up to 4,000 workers and have an annual production capacity of about 300,000 vehicles. It will build Toyota Corollas and new Mazda cross-over models for the North American market.

July 18, 2017 News

Magna to manufacture new Jaguar E-PACE compact SUV

by Canadian Plastics

Production will start later this year at Magna’s contract vehicle manufacturing facility in Graz, Austria.

July 10, 2017 News

Engel opens new production hall in Austria for automotive supply

by Canadian Plastics

Schwertberg, Austria-based Engel said it has added the extra space at its Center for Lightweight Composite Technologies, which works to speed up introduction of new technologies on the market.