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Ontario Returning Over $2.5 Billion to Workers and Businesses Through Fee Reductions and WSIB Rebates

November 26, 2024 Province putting more money back into workers’ pockets while keeping costs down for employers The Ontario government is keeping costs down for workers and businesses by giving back over $2.5 billion by rebating Workplace Safety and Insurance Board (WSIB) surpluses to hundreds of thousands of safe employers, reducing business premium rates and investing in keeping workers…

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Hammond Is Having a Black Friday Sale on Black NWC Cabinets

November 26, 2024 UL2416 Type 12 rated to 350 lbs (158 kg). Seismic rated to 200 lbs (90.72 kg). Black Friday Sale: Channel Partner’s receive 50% off RAL9005 Black “F” and “N” versions valid November 27-December 6, 2024. Hammond Manufacturing has announced a special offer, available for a limited time. For 10 days only, starting…

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Explore the New and Improved ITC: Website, Branding and New Features

November 26, 2024 ITC is thrilled to announce a long-anticipated milestone at ITC Electrical Components: the launch of their brand-new website! This exciting update has been in the works for almost a year, and it represents a big leap forward for both their business and their valued customers. As they celebrate their 30th anniversary, this…

ITC Electrical Components Celebrates 30 Years of Service to the Electrical, Automation and OEM Market in Canada
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ITC Electrical Components Celebrates 30 Years of Service to the Electrical, Automation and OEM Market in Canada

November 25, 2024 Celebrating its 30th anniversary, ITC Electrical Components has recently launched its new and improved website at www.itcproducts.com. After a successful 15-year career in the electrical components industry Luca Fontana founded ITC Electrical Components in 1994.  Since that time the company has grown from a home-based operation to a successful business with 15 employees and…

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 Sean Hickey, President of Lafert NA Has Retired

November 15, 2024 Sean Hickey, President of Lafert North America Retires After 33 years, Sean Hickey, president of Lafert North America has retired. Sean is a proud past chairman of both the EASA Manufacturing Council and past Manufacturing Chairman of PTDA. His leadership has had a profound impact on Lafert NA and the people within…

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Ontario Tackles Energy Demand by Introducing Affordable Energy Act

November 7, 2024 New legislation will help keep energy costs down as province expands the grid The Ontario government is introducing legislation that would, if passed, enable the implementation of the province’s first-ever integrated energy plan which will ensure the entire energy sector is aligned behind the government’s pro-growth agenda. The Affordable Energy Act would also prioritize…

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Humber Polytechnic and Siemens Canada’s Net Zero Classroom

Named to Canada’s Clean50 Top Projects for 2025 November 6, 2024 Hands-on opportunities prepare learners for a low-carbon future Building on their long-standing, deep strategic partnership, Humber Polytechnic and Siemens Canada have earned national recognition with a Canada’s Clean50 Top Project Award for their innovative collaboration on a Net Zero Classroom. This award celebrates the…

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ABB and NIEDAX Group Announce the Completion of Their Joint Venture with the Incorporation of Abnex Inc.

November 4, 2024 ABB has completed its previously announced 50-50 joint venture with Niedax Group ABB has completed its previously announced 50-50 joint venture with Niedax Group. The Abnex Inc. joint venture will diversify solutions and drive opportunities in the growing North American cable management market. Integrating ABB’s Installation Products division’s engineering and manufacturing capabilities into Niedax Group will…

Ontario Building Fortress Am-Can to Power Economic Prosperity in Canada and the United States
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Premier Ford Calls for Stronger Economic Ties with U.S. ahead of this Week’s Elections

November 4, 2024 Premier Ford calls for stronger economic ties with U.S. ahead of this week’s elections. Premier Doug Ford issued the following statement on November 4, ahead of the United States elections on Tuesday, November 5: “As Americans prepare to vote in this week’s elections, it’s more important than ever to preserve and build…

ABB Research Shows Energy Efficiency Has Become the Decisive Factor in Electric Motor Choice for Businesses
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ABB Research Shows Energy Efficiency Has Become the Decisive Factor in Electric Motor Choice for Businesses

October 23, 2024 • Independent survey commissioned by ABB highlights the critical role that energy efficiency now plays in the sustainability agenda for global businesses with 91 percent saying this influences their choice of electric motors • 94 percent of companies surveyed are already investing, or planning to invest, in sustainability initiatives, and have adopted…

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Ontario Ready to Meet the Challenge of Soaring Energy Demand

October 22, 2024 Province prioritizing energy affordability for families and businesses as it plans for continued growth On October 22, the Ontario government released Ontario’s Affordable Energy Future: The Pressing Case for More Power, outlining the challenges facing the province as demand for energy continues to rapidly grow, as well as the province’s path to managing this…

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The Safety of Mobile Platforms is Part of the New Machinery Regulation

October 16, 2024 The safety of automated guided vehicle systems (AGVS) is regulated in the AGVS standard 3691-4 The safety of automated guided vehicle systems (AGVS) is regulated in the AGVS standard 3691-4. This has been continually adapted in the last few years. As the number of AGVS in production and logistics environments continues to rise, the…

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Ontario Supports Continued Safe Operation of Pickering Nuclear Generating Station

October 16, 2024 Canadian Nuclear Safety Commission approves continued safe operation of the station Stephen Lecce, Ontario’s Minister of Energy and Electrification, issued the following statement in response to the Canadian Nuclear Safety Commission’s approval for the continued safe operation of the Pickering Nuclear Generating Station’s “B” units through December 2026. “The data is clear,…

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Ontario Launches Next Phase of Life Sciences Strategy

October 16, 2024 Province investing an additional $146 million to establish Ontario as a global biomanufacturing and life sciences hub The Ontario government unveiled the next phase of its life sciences strategy, aimed at driving innovation, boosting investments and enhancing research to further solidify the province as a global leader in biomanufacturing and health sciences. This…

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Hammond Power Solutions Announces $56,957,490 Bought Deal Secondary Offering of Class A Subordinate Voting Shares

October 9, 2024 Hammond Power Solutions Inc. (TSX: HPS.A) (the “Company” or “HPS”) and 1000925271 Ontario Inc., a wholly-owned subsidiary of Arathorn Investments Inc., (the “Selling Shareholder”) announced on September 24, 2024, that they have entered into an agreement with Acumen Capital Finance Partners Limited and Canaccord Genuity Corp. (the “Co-Lead Underwriters”), pursuant to which…

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Hammond Power Solutions Closes $65.5 Million Bought Deal Secondary Offering

October 9, 2024 Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) announced on September 27, 2024 that Chair of Board, Mr. William G. Hammond, through a company he controls, closed the sale of 500,000 Class A Subordinate Voting Shares at a price of $131.00 (the “Offering”) for gross proceeds of approximately $65.5 million….