Auto Alley: Magna International to open new $50 million plant in Chatham, Ont.
Chatham, Ontario — Not one to be left out of the recent Ontario manufacturing mayhem, Magna International has announced its plans to build a new auto parts plant in the southwestern city of Chatham. The global auto parts supplier expects the new $50 million facility to employ 150 people who will make battery enclosures for […]
Heavy Metal: Ontario government invests $500 million into Hamilton steel production
Hamilton, Ontario — On Feb. 15, ArcelorMittal Dofasco and the Ontario government announced a joint investment to modernize steel production facilities in Hamilton. Dubbed a “once-in-a-generation investment,” the $1.8 billion invested by ArcelorMittal and the $500 million by the Ontario government will replace Hamilton’s coal-fed coke ovens and blast furnaces with hydrogen-based electric arc furnaces. […]
Hot Ticket: Tickets on sale for APMA’s Dec. 7 annual conference
Woodbridge, Ontario — It’s the time of year for the Automotive Parts and Manufacturers Association (APMA) to host its annual conference in Woodbridge, Ont, back in its 69th edition. Set for Dec. 7 at the Paramount EventSpace just outside Toronto, the APMA has a full lineup of key industry figures ready to present their latest […]
Boosting Business: B.C. allocates $10 million for ‘Accelerating Manufacturing Grant’
Victoria, British Columbia — With the aim of boosting jobs and innovation in the province, the government of British Columbia has allocated $10 million to support 43 new manufacturing projects. “The pandemic has changed the way many B.C. companies do business and for many, adapting and innovating is the way to ensure long-term growth,” said […]
Mixed Bag: S&P reports premiums to rise before supply chain disruptions ease
Toronto, Ontario — The latest U.S. Auto Insurance Market Report from S&P Global Intelligence is showing that the costs of the COVID-19 pandemic have made their way into the auto insurance industry, in the form of increased premiums for many American drivers. “Auto insurers provided estimated premium relief of as much as $16.4 billion to […]
Cards on the Table: Axalta expects supply chain disruptions to cost $40 million in lost net sales
Toronto, Ontario — Constraints in the Canadian supply chain continue to put the squeeze on automotive suppliers as Axalta said that they are expecting a $40 million drop in net sales for Q3 this year. With the microchip shortage and raw material inflation a daily reality for the global automotive industry, Axalta has decided to […]
Twenty Years Strong: Symach celebrates special anniversary
Toronto, Ontario — Symach, an equipment manufacturer for the collision repair industry recently celebrated its 20th anniversary. “Half a life with passion accompanying worldwide bodyshops to enhance productivity and efficiency,” said Osvaldo Bergaglio, CEO and Founder of Symach in a release. Symach’s story began in Bologna, Italy in 2001, when Bergaglio began to build a […]
Stale Chips: Stellantis idles Windsor, Ont. minivan production until May 3
Windsor, Ontario — Stellantis, formerly known as Fiat Chrysler (FCA), will idle its minivan plant in Windsor, Ontario, until the end of April, due to the global microchip shortage. Production is scheduled to resume May 3, the automaker said. The Chrysler Pacifica, Voyager, Grand Caravan and Pacifica Hybrid minivans are all built at the Windsor […]
