Category
Moldmaking
CTMA annual golf tournament scheduled for June 8
The event will take place at Pine Knot Golf & Country Club in Dorchester, Ont., with some adjustments made based on public health requirements.
DMS North America buys Ontario tooling supplier Component Guys
The acquisition will expand DMS’s inventory capacity, product offering, and service/support levels.
Ontario toolmaker Concours Technologies buys AIS
The deal between the two Windsor area shops will create “the largest tooling and mold solutions provider in North America.”
Moldmaker Five Star Tool and Die, five other Ontario manufacturers receive funding to implement new technologies
Five Star will receive $600,000 to adopt Lean manufacturing processes and to expand its Wallaceburg facility to accommodate new equipment.
CAMM, Automate Canada looking for new president
The position will be responsible for successfully aligning the visions, missions, and commitments of the associations.
Ontario’s AarKel Tool buys assets of Mangas Tool and Die
The purchase expands Aarkel’s manufacturing footprint in the southern U.S.
Cavalier Tool acquires neighbouring firm Mold Services International
The deal will increase Windsor, Ont.-based Cavalier’s capacity in gun drilling, electrical discharge machining, plate milling, large roughing, large five-axis equipment, and toolmaking.
Doosan Machine Tools names James Kim as North American CEO
Kim is a 37-year veteran of the CNC machine tools manufacturer.
Injection molder MGS acquires European tooling supplier Formteknik
Formteknik’s operations in Denmark, Sweden, and Germany will allow Wisconsin-based MGS to deliver integrated manufacturing solutions in Europe with a single point of contact, mirroring its North American model.
StackTeck enhances mold-qualification capabilities during the pandemic
The Brampton, Ont.-based moldmaker now offers a virtual mold-testing capability package for customers limiting travel due to COVID-19.
Ferro Technique acquires Lomar Machine Repair
Windsor-based Lomar is a distributor of CNC machine tools and associated parts in Southwestern Ontario.
Ontario molder Axiom Group and collaborators receive Next Generation Manufacturing Canada investment funding
Aurora, Ont.-based Axiom, along with partners MS Falcon Tooling, Kytech Machine Works, and Bulldog Polymers, is developing a technology to eliminate visual transitions between different plastic materials, typically hard and soft plastic.
CAMM, Automate Canada release “Made in Canada” plan for small- and medium-sized manufacturers
Compiled from the results of industry focus groups, the report makes recommendations for changes in skills and talent development, technology adoption and a culture of innovation, and branding and collaboration.
U.S. lifts tariffs on imports of aluminum from Canada
But the Trump administration also warned that the tariff could be reinstated if there is surge in imports from Canada.
Michael Draga is INCOE’s new sales representative for Eastern Canada
Draga has an extensive sales background in the moldmaking and plastics processing sectors.
Nova Chemicals sells its expandable styrenics business to Alpek
The sale, for an undisclosed amount, will allow Calgary-based Nova to concentrate on the start up of its Sclairtech technology site near Sarnia, Ont.
Industry consultant predicts 31% drop in North American tooling spend in 2020
Harbour Results says that the 2020 automotive vendor tooling spend in North America will be $6.4 billion, which is $.4 billion less than originally forecasted in 2019.
CAMM golf tournament set for Sept. 27
The event will be held at Fox Glen Golf & Country Club, with a maximum of 60 golfers allowed.
StackTeck develops new five-gallon industrial pail mold
The Brampton, Ont.-based firm has also produced its first IML robot for a pail, which was configured for both a single cavity five-gallon pail as well as a 1×2 mold for five-litre pails.
Moldmakers, manufacturers focusing on diversification, profitability, survey says
Results from the latest survey by the Canadian Association of Moldmakers and Automate Canada show that diversification plans are a priority as many manufacturers rebound from the initial shock of the COVID-19 pandemic.
Cavalier Tool expands its national, international sales staff
The Windsor, Ont-based moldmaker has hired two new sales veterans to handle Eastern Canada, the northeastern U.S., and Latin America.
Scoring with a new touchless golf ball retrieval system
The made-in-Ontario Mully Cup effectively eliminates the pole-golfer contact, reducing the spread of COVID-19. And it could become the new normal on the greens even after the pandemic.
Seco Tools acquires cutting tool division of QCT in Mexico
The cutting tool division is a solid carbide tooling manufacturer, specializing in custom products, and reconditioning, with three locations in Mexico.
Injection mold maker Exacad gets funding for COVID-19 medical relief projects
The Quebec-based injection mold designer and manufacturer is one of three Canadian companies receiving a total of $6 million in funding from supercluster Next Generation Manufacturing Canada.
Moldmakers predict 25% drop in revenue from original 2020 forecasts, survey shows
Die builders and die casters are expecting the most significant drop, the survey conducted by Harbour Results Inc. says, followed by stamping, molding, and mold builders.
Haidlmair North America offers rapid delivery for PPE molds
The molds are for face masks and face shield brackets for North American molders.
StackTeck delivers stack mold for PPE in under four weeks
The project included complete mold design, manufactured molding surface components, assembly, and mold qualification for customer Novolex.
StackTeck expands its FastTrack accelerated mold delivery program
The Brampton, Ont.-based tooling supplier is now offering 12- and 16-cavity mold configurations for lids and round containers within the FastTrack program.
Tooling Tech Group expands Ohio facility
The tooling provider has broken ground on a 10,000-square-foot expansion of its thermoforming and compression mold making facility in the city of Ft. Loramie.
Moldmakers list their COVID-19 anxieties in new CAMM survey
The survey shows that employee anxiety, project cancellations or delays, employee protection, and declining sales are the biggest concerns about COVID-19 among respondents.
GM to invest $2.2 billion to build electric vehicles in Detroit plant
The automaker will also invest an additional US$800 million in supplier tooling and other projects related to the launch of the new electric trucks.
Concours Mold buys assets of Valiant Tool and Mold
The transaction marks the first acquisition for Windsor, Ont.-based Concours under the ownership of Crestview Partners, a New York-based private equity firm, which bought Concours in May 2019.
