March 24, 2023 Algoma Steel Group Inc announced today that it has appointed Danielle Baker, MIR, CHRL as Chief Human Resources Officer. As a Certified Human Resources Leader (CHRL) with a master’s degree in Industrial Relations from Queen’s University, Danielle brings more than twenty-five years of broad-based experience in labour and employee relations, people and…
March 24, 2023 Ballard Power Systems announced consolidated financial results for the fourth quarter ended December 31, 2022. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS). Q4 2022 Financial Highlights (all comparisons are to Q4 2021 unless otherwise noted) A Word from the…
March 24, 2023 Danfoss has been announced as a Member of the Ellen MacArthur Foundation’s Network, which will support the company’s circular economy journey. The Ellen MacArthur Foundation is committed to the creation of a circular economy that tackles global challenges, such as climate change, biodiversity loss, waste, and pollution. Danfoss has joined the Foundation’s…
Government taking further action to bring more manufacturing jobs back to Ontario with New Investment Tax Credit March 23, 2023 To attract additional investment in the province’s economy, the Ontario government is announcing plans for a new Ontario Made Manufacturing Investment Tax Credit to help local manufacturers grow, innovate, become more competitive and create jobs….
March 20, 2023 The Province has approved a Mining Act permit for a gold and silver mine that will provide jobs for hundreds of workers and generate economic benefits for communities and First Nations throughout British Columbia’s central Interior. “Congratulations to Artemis Gold, the Lhoosk’uz Dené Nation, Ulkatcho First Nation and Carrier Sekani First Nations,…
March 20, 2023 The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of twelve and a half cents ($0.125) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of twelve and a half cents ($0.125) per Class B Common Share of HPS payable on March 30,…
March 20, 2023 ABB is entering into a strategic partnership with Direct Energy Partners (DEP), a start-up using digital technology to accelerate adoption of Direct Current (DC) microgrids. The partnership involves a minority investment in Direct Energy Partners through ABB’s venture capital unit, ABB Technology Ventures (ATV). Financial details of the investment were not disclosed. About Direct…
March 15, 2023 The Omron Foundation, has gifted over $1 million to Marquette University’s Opus College of Engineering to establish the Omron Advanced Automation Lab. This lab provides Marquette University students with hands-on, industry-relevant experience in designing, building, and testing solutions that use state-of-the-art automation technologies. These hands-on experiences are essential for understanding the capabilities of any…
An anticipated investment of £6.3 million in a new Innovation Centre is planned at the global headquarters of Invertek Drives, a world-leading innovator and manufacturer of variable frequency drive (VFD) technology. March 10, 2023 Land has been acquired next to the company’s global headquarters and manufacturing facility at Offa’s Dyke Business Park, Welshpool, Powys, UK,…
March 8, 2023 Regal Rexnord’s acquisition of Altra Industrial Motion, a global industrial automation and power transmission business, represents an attractive value proposition for both customers and end users. The combined company will offer improved service capability breadth, technology content and domain expertise. Growth at Regal Rexnord and Altra “The addition of Altra will mark…
March 8, 2023 Ballard Power Systems and First Mode announced a purchase order for Ballard to supply First Mode with 30 hydrogen fuel cell modules – totaling 3 megawatts – to power several hybrid hydrogen and battery ultra-class mining haul trucks. This is the equivalent of approximately 4,000 horsepower. “Every one of the Ballard fuel…
New logistics hub a 48,000 square-foot facility in Indianapolis, Indiana will allow the company to streamline the shipping of products through a global network March 7, 2023 Endress+Hauser has announced the opening of a new 48,000 square-foot Indianapolis, Indiana-based regional logistics hub, marking a further milestone in the company’s project aimed to boost the fulfillment…
March 7, 2023 Hammond Power Solutions Inc. announced that it will release its financial results for the Fourth Quarter and Year ended December 31, 2022 on Tuesday, March 7, 2023, after markets close. Following the release of its financial results, HPS will hold a conference call and webcast on Wednesday, March 8, 2023, at 9:00…
March 2, 2023 Material handling & packaging equipment plays a vital role in the global logistics and supply chain industries. RS supports the unique needs of these various applications with an extensive selection of essential and auxiliary solutions. RS offers an extensive selection of end-to-end solutions. Material handling & packaging equipment plays a vital role in the global logistics…
March 2, 2023 Algoma Steel Group Inc. announced that the Company installed the first structural steel columns at its electric arc steel making facility (‘EAF’) in Sault Ste. Marie, Ontario Canada. Ontario Premier Doug Ford visited the site to commemorate the project milestone. Algoma Steel’s EAF project is the largest industrial-scale carbon reduction project in…
March 2, 2023 Acquisition Expands Industrial Product Portfolio and End Market Leadership “Western Automation is a leading provider of premium technology solutions for electrical fault detection, with an outstanding reputation for innovation, quality and customer service,” said Peter Kim, Senior Vice President and General Manager, Littelfuse Industrial Business. “This acquisition accelerates our growth in e-Mobility…
This project is funded [in part] by the Government of Canada.
Ce projet est financé [en partie] par le gouvernement du Canada.
