General Motors has announced a US$449 million investment to upgrade manufacturing processes at its Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants in Michigan, to support the next generation of electric vehicles and battery...
Apr 9, 2014 4:17PM
Specialty chemical makers Clariant and Ashland Inc. are selling their Germany-based joint venture ASK Chemicals to private equity firm Rhone.
Apr 8, 2014 5:16PM
Recycling of post-consumer film packaging hit 1.02 billion pounds in 2012 – an increase of 56 per cent since 2005, but just 1 per cent since 2011, according to new figures from the Plastics Division of the American Chemistry Council (ACC).
Apr 8, 2014 3:42PM
Canadian auto parts supplier Magna International Inc. is investing $1.5 million and adding 75 jobs at a plant north of Toronto as part of an expansion of its closures division.
Apr 7, 2014 10:55AM
Specialty chemical maker Evonik Corp. is expanding its medical devices portfolio with a pair of research facilities slated to open early this month.
Apr 7, 2014 10:32AM
Canada’s economy created an unexpectedly high 42,900 net new jobs in March, according to a new Statistics Canada report, which drove the unemployment rate to 6.9 per cent to match a post-recession low.
Apr 6, 2014 12:05PM
Cobourg, Ont.-based custom molder Protoplast Inc. has purchased consumer product maker ET Industries, which is headquartered in Toronto.
Apr 3, 2014 2:10PM
Light vehicle sales in Canada were flat for automakers overall in March, as an increase in light truck sales was offset by a drop in passenger cars.
Apr 2, 2014 2:04PM
The founding family of Canadian toy maker Mega Brands Inc. will receive more than $74 million if the company’s sale to global giant Mattel Inc. is approved by shareholders at the end of the month, according to a regulatory filing.
Apr 2, 2014 12:36PM
3D printing and additive manufacturing machines maker Stratasys Ltd. is buying two privately-held players in the additive manufacturing field.
Apr 1, 2014 12:09PM