Daily News

Profits way up for Nova Chemicals

Canadian chemicals maker Nova Chemicals Corp. said third-quarter profit and sales rose on higher margins in its business units that make materials used in consumer and industrial packaging.
Oct 29, 2014 10:39AM

Pallet makers AK-West and Cabka partner for Canadian market

Canadian plastic pallet maker AK-West has partnered with global supplier Cabka North America Inc. to offer a more extensive range of pallets to the Canadian marketplace.
Oct 28, 2014 11:53AM

Magna opens exteriors facility in Michigan

Canadian auto parts supplier Magna International Inc. has opened DexSys, a new greenfield automotive exterior products plant in Delta Township, Mich.
Oct 28, 2014 10:45AM

Ted Callighen is new president of CTMA

The Canadian Tooling & Machining Association (CTMA) has elected Ted Callighen as its new president.
Oct 27, 2014 12:35PM

Auto parts sector must invest to thrive: DesRosiers

There are good days ahead for Canada’s automotive parts makers and toolmakers – but only the companies that invest in manpower, technology, and research and development will reap the full benefits, according to Canadian...
Oct 27, 2014 12:03PM

Ontario molder Plasticap bought by investment firm A.C. Simmonds

Business development firm A.C. Simmonds & Sons Inc. of King City, Ont., has acquired Richmond Hill, Ont.-based cap and closure maker Plasticap for an undisclosed sum.
Oct 24, 2014 12:18PM

Milacron names Bruce Chalmers as new CFO

Cincinnati, Ohio-based plastics processing equipment maker Milacron LLC has appointed Bruce Chalmers as chief financial officer.
Oct 24, 2014 11:03AM

Moldmaker Unique Tool adding new capital equipment, staff

Windsor, Ont.-based moldmaker Unique Tool & Gauge is making a multi-million dollar capital equipment investment, and has also announced plans to hire at least 30 new workers.
Oct 24, 2014 10:47AM

Small business lagging in Canada, but has growth potential: CIBC

Small business activity in Canada is lagging the economy as a whole, but it has the potential to pick up and grow in the next five years, according to a new report from CIBC World Markets.
Oct 23, 2014 1:52PM

Bio-based materials and chemicals to attract nearly $1 billion investment in 2014: report

Bio-based materials and chemicals (BBMC) are poised to attract nearly US$1 billion in investment in 2014, led notably by later-stage funding rounds, according to a new report.
Oct 22, 2014 12:26PM

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