Category
Market Forecast
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.
North American robot sales up in 2019
by Canadian PlasticsAccording to new figures from the Robotic Industries Association, the largest driver of this growth was an increase in orders from automotive OEMs, followed by plastics and rubber, and food and consumer goods.
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.
Milacron’s sales down in Q3 2019
by Canadian PlasticsThe results come as the company prepares for its acquisition by industrial equipment maker Hillenbrand Inc.
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.
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.
U.S. plastics industry maintained trade surplus in 2018, reports say
by Canadian PlasticsThe size of the U.S. plastics industry expanded in 2018 while also maintaining a trade surplus of $500 million as consumption of plastics products continued to grow in the U.S., according to two new reports from the Plastics Industry Association.
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.
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.
N. American plastics machinery shipments up in Q2, report says
by Canadian PlasticsStatistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics says that plastics machinery shipments increased 8.2% in Q2 2019, following a 27.6% decrease in Q1.
Canadian wage growth climbs to highest mark since 2009: StatsCan
by Canadian PlasticsBut the unemployment rate moved up to 5.7% as Canada shed 24,200 jobs, the agency also said.
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.
North American tooling industry continues to slow: report
by Canadian PlasticsNorth American capacity utilization at its lowest mark since 2016, the Q2 2019 Automotive Tooling Barometer Survey says.
Canadian auto sales fell in June, Scotiabank says
by Canadian PlasticsU.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.
Downturn in global auto sales continued in May: Scotiabank
by Canadian PlasticsThe Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.
Plastics machinery shipments declined in early 2019
by Canadian PlasticsWhile 2018 ended with strong plastics machinery shipments in North America, 2019 has started soft, according to new figures from the Plastics Industry Association’s Committee on Equipment Statistics.
Global slowdown of vehicle sales continued in April: Scotiabank
by Canadian PlasticsGlobal auto sales fell by 7.9% year-over-year in April for an eighth consecutive month of year-on-year declines, a new report from Scotiabank says.
Amid sales slump, Milacron exits blow molding business
by Canadian PlasticsThe plastics processing equipment maker’s Uniloy blow molding business has now been listed as a “discontinued operation”.
Revenue down for PolyOne in first quarter, job cuts coming
by Canadian PlasticsThe challenging financial results have led the Ohio-based material supplier to reduce spending and to cut an unspecified number of jobs.
Tool & die industry off to slow start in 2019: report
by Canadian PlasticsIn the first quarter 2019, the study said, mold shops experienced a slight utilization increase of 2% compared to Q4 2018 (77% to 79%), while die shop utilization dropped drastically from 85% to 74% in the same time frame.