Daily News

Canadian employees will see average salary increases of 2.6% in 2015: survey

Workers in Canada can expect to see average base salary increases of 2.6 per cent in 2015, according to a national survey of over 400 Canadian public and private sector employers conducted by management consulting firm the Hay Group.
Aug 27, 2014 1:03PM


Toronto thermoformer ICI gets $1.5M funding

Toronto-based thermoformer Innovative Composites International Inc. (ICI) is getting a hand from Bassett Financial Corporation to assist with its restructuring.
Aug 27, 2014 11:18AM


Former Husky VP Urquhart joins NPE2015 sales team

Michael Urquhart, a former vice president with Husky Injection Molding Systems, has joined the sales team for the upcoming NPE2015 trade show.
Aug 27, 2014 7:48AM


Berlin Packaging sold to Oak Hill Capital for US$1.43 billion

Private-equity firm Oak Hill Capital Partners has reached a deal to acquire rigid packaging supplier Berlin Packaging LLC from owner Investcorp for US$1.43 billion including debt.
Aug 25, 2014 1:24PM


Coveris acquires flexographic print specialist Learoyd Packaging

In a bid to expand its global footprint, packaging supplier Coveris Holdings has acquired Learoyd Packaging (Holdings) Ltd., said to be one of the UK’s leading flexographic print specialists.
Aug 25, 2014 10:58AM


Bayer MaterialScience partners with SCAC for waste water reuse project

Chemical supplier Bayer MaterialScience (BMS) is partnering with Shanghai Chlor-Alkali Chemical Co. Ltd. (SCAC) in a project that will reuse salt water from the polycarbonate unit at Bayer’s Shanghai facility.
Aug 23, 2014 12:13PM


New Sumitomo Demag rep for Western Canada

Shaw and Christler Equipment Technologies LLC has been appointed as manufacturers’ representatives for Sumitomo (SHI) Demag for the provinces of British Columbia, Alberta and Saskatchewan.
Aug 22, 2014 2:19PM


Drilling will drive strong gains in U.S. plastic pipe industry: study

Demand in the U.S. for pipe is expected to rise 7.3 per cent per year to US$63.5 billion in 2018, driven by strong growth in crude oil and natural gas drilling activity, according to a new study from market research firm The Freedonia Group.
Aug 20, 2014 12:43PM


GM building stamping plant in Michigan

Automaker General Motors is building a new US$174-million stamping facility that will create or retain about 145 jobs in Michigan.
Aug 20, 2014 12:22PM


Mexichem to buy HDPE pipe maker Dura-Line for US$630 million

Mexico-based PVC pipe and specialty chemicals maker Mexichem SAB de CV is acquiring plastic pipe maker Dura-Line Corporation from private equity firm CHS Capital for US$630 million.
Aug 20, 2014 11:19AM


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