Category
Automotive
Canadian auto sales dipped again in October, report says
by Canadian PlasticsAuto sales fell back modestly by 0.6% year-over-year in October, a new report from Scotiabank says, with flat fleet sales providing little offset to a continued decline in retail performance.
Magna buys Czech automotive lighting engineering firm Winpac
by Canadian PlasticsThe deal will strengthen its engineering and electronics competencies and increase its forward lighting engineering capability in Europe, Magna said.
Canadian manufacturing sales down slightly in September, StatsCan says
by Canadian PlasticsSales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.
Ontario auto parts molder Axiom Group building first U.S. plant
by Canadian PlasticsThe facility, which represents an investment of approximately $20 million, will open at Overland Industrial Park in Toldeo, Ohio, by 2020.
Magna wins largest contract for transmission technologies in company history
by Canadian PlasticsThe multi-year contract calls for Magna to build dual-clutch transmissions, including hybrid variants, for strategic partner BMW Group.
Canadian auto sales fell back “modestly” in October, report says
by Canadian PlasticsU.S. auto sales also posted a decline in October, according to a new report from Scotiabank.
Material supplier MOL acquires compounder Aurora Group
by Canadian PlasticsAurora has production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany.
General Motors quitting Plastics Industry Association
by Canadian PlasticsAccording to Greenpeace, GM told the environmental group that it has allowed its membership with the U.S.-based plastics association to lapse.
North America automotive tooling spend to drop to US$6.8 billion, report says
by Canadian PlasticsThe key factor driving this reducing tooling spend is the decreased number of North American vehicles that will be sourced for production in 2020, the report from Harbour Results says.
TPE maker United Soft Plastics opens Texas manufacturing plant
by Canadian PlasticsThe company’s new Houston facility is nearly 20,000 square feet and has 10 million lbs production capacity.
Schaefer Systems to sell Woodbridge foam packaging in North America
by Canadian PlasticsThe agreement allows Charlotte, N.C.-based Schaefer to provide design, manufacturing, and distribution support to large industrial manufacturing customers with emphases within the automotive industry.
Canadian auto sales posted “modest” uptick in August, Scotiabank says
by Canadian PlasticsThe sales increase ended a record seventeenth month of year-over-year declines in auto sales in Canada, a new report from the bank says.
Teijin opens new resin compound plant, technical centre in Thailand
by Canadian PlasticsThe plant will help Tokyo-based Teijin meet the demand for compound resin products for the automotive and communication sectors in Asia.
Canadian auto sales posted modest increase in August, report says
by Canadian PlasticsU.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.
Ontario auto parts maker Global Plas expands, adds machines and automation
by Canadian PlasticsWith $2.5 million in funding assistance from FedDev Ontario, the Concord-based company will scale up operations and create 50 new jobs.
Ford global director Michael J. Whitens wins SPE Lifetime Achievement Award
by Canadian PlasticsA retired automotive industry veteran with over 30 years of experience, Whitens spent the majority of his career at Ford in various body engineering disciplines.
Magna opens new Michigan electronics facility
by Canadian PlasticsThe new $50 million, 230,000-square-foot plant in Grand Blanc Township is designed to help Magna service the vision-based driver assistance systems market.
Canadian auto sales picked up in July: Scotiabank
by Canadian PlasticsBut U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.
Magna breaks ground on new seating plant in Ohio
by Canadian PlasticsThe Lancaster facility represents an initial investment of approximately US$60 million, and will be Magna’s first dedicated seat structure plant in the U.S.
Magna signs its first complete vehicle manufacturing JV in China
by Canadian PlasticsThe joint venture, to be controlled by an affiliate of the BAIC Group, will manufacture up to 180,000 electric vehicles per year.