December 3, 2019 News

Canadian auto sales dipped again in October, report says

by Canadian Plastics

Auto 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.

November 21, 2019 News

Magna buys Czech automotive lighting engineering firm Winpac

by Canadian Plastics

The deal will strengthen its engineering and electronics competencies and increase its forward lighting engineering capability in Europe, Magna said.

November 19, 2019 News

Canadian manufacturing sales down slightly in September, StatsCan says

by Canadian Plastics

Sales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.

November 12, 2019 News

Ontario auto parts molder Axiom Group building first U.S. plant

by Canadian Plastics

The facility, which represents an investment of approximately $20 million, will open at Overland Industrial Park in Toldeo, Ohio, by 2020.

November 12, 2019 News

Magna wins largest contract for transmission technologies in company history

by Canadian Plastics

The multi-year contract calls for Magna to build dual-clutch transmissions, including hybrid variants, for strategic partner BMW Group.

November 12, 2019 News

Canadian auto sales fell back “modestly” in October, report says

by Canadian Plastics

U.S. auto sales also posted a decline in October, according to a new report from Scotiabank.

November 11, 2019 News

Material supplier MOL acquires compounder Aurora Group

by Canadian Plastics

Aurora has production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany.

November 7, 2019 News

General Motors quitting Plastics Industry Association

by Canadian Plastics

According to Greenpeace, GM told the environmental group that it has allowed its membership with the U.S.-based plastics association to lapse.

November 6, 2019 News

North America automotive tooling spend to drop to US$6.8 billion, report says

by Canadian Plastics

The 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.

November 1, 2019 News

TPE maker United Soft Plastics opens Texas manufacturing plant

by Canadian Plastics

The company’s new Houston facility is nearly 20,000 square feet and has 10 million lbs production capacity.

October 30, 2019 News

Schaefer Systems to sell Woodbridge foam packaging in North America

by Canadian Plastics

The 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.

September 27, 2019 News

Canadian auto sales posted “modest” uptick in August, Scotiabank says

by Canadian Plastics

The sales increase ended a record seventeenth month of year-over-year declines in auto sales in Canada, a new report from the bank says.

September 10, 2019 News

Teijin opens new resin compound plant, technical centre in Thailand

by Canadian Plastics

The plant will help Tokyo-based Teijin meet the demand for compound resin products for the automotive and communication sectors in Asia.

September 5, 2019 News

Canadian auto sales posted modest increase in August, report says

by Canadian Plastics

U.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.

August 23, 2019 News

Ontario auto parts maker Global Plas expands, adds machines and automation

by Canadian Plastics

With $2.5 million in funding assistance from FedDev Ontario, the Concord-based company will scale up operations and create 50 new jobs.

August 21, 2019 News

Ford global director Michael J. Whitens wins SPE Lifetime Achievement Award

by Canadian Plastics

A retired automotive industry veteran with over 30 years of experience, Whitens spent the majority of his career at Ford in various body engineering disciplines.

August 14, 2019 News

Magna opens new Michigan electronics facility

by Canadian Plastics

The 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.

August 2, 2019 News

Canadian auto sales picked up in July: Scotiabank

by Canadian Plastics

But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.

July 31, 2019 News

Magna breaks ground on new seating plant in Ohio

by Canadian Plastics

The 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.

July 26, 2019 News

Magna signs its first complete vehicle manufacturing JV in China

by Canadian Plastics

The joint venture, to be controlled by an affiliate of the BAIC Group, will manufacture up to 180,000 electric vehicles per year.