The grim warnings roll off the tongues of central bankers and economic gurus: the US economy is in for a painfully long period of slow economic growth.
If your marketing efforts aren’t working there is a very good chance you, like many others, are practicing me-too marketing.
Success in a new market often depends on making a correct decision on how best to enter it. Having targeted one or more markets, completed desk research and outlined a marketing plan, how will you promote, sell and distribute your company’s wares, and will you be flying solo or entering into some kind of partnership?
As America’s 50 states strive to pull their way out of budget shortfalls, many are taking a closer look at Canadian companies doing business in the US.
At least some of our energy future is blowing in the wind. The industry is growing at a quick 25% annually, and net sales have doubled in the last three years for most manufacturers of turbines and components such as gearboxes and bearings.
Running an enterprise value stream mapping event takes people out of the organization and places them “on” it, and the value will be significantly enhanced with the addition of “outside eyes” from suppliers, customers or other members from your manufacturing consortium.
It burns Ellen McGregor to see manufacturers send chemical waste to be incinerated. Organic chemicals are derived from oil, says the president of Fielding Chemical Technologies Inc. “When a manufacturer chooses to burn their chemical waste, they are burning a non-renewable resource.”
Plants use a lot of electricity and it’s getting more costly, but harvesting worthwhile energy savings involves more than turning out a few lights. If you are going to reduce energy costs, you must understand how your company is billed.
The internal combustion engine has proved to be a steady and reliable source of power using relatively inexpensive and readily available fuel. But current R&D will make the internal combustion engine even more efficient and cleaner with direct injection and turbo superchargers.
The global economy is coming back to life after last year’s economic meltdown, and Canadian manufacturers are getting back in the game. But they’re facing a very different business and trade environment.
Several months of weak global car sales ended in September with the strongest year-over-year increase since May and Scotia Economics is forecasting sales this year will top 56 million units, a 5-million unit improvement over 2009.
It’s been two years since the financial sector’s recklessness and greed plunged the world economy into recession and cost millions of people their jobs. Now we face stark choices about the kind of future we want.
The September numbers for manufacturing shipments were a bit of a downer. Statistics Canada reported a 0.6% decrease with 13 of 21 industries registering lower sales. This has pundits wringing their hands over how manufacturing’s ongoing malaise is going to mess up the Bank of Canada’s growth forecasts.
The 911 memorial in New York will be using a Canadian-made architectural product from Cymat Technologies as a cladding material.
Mitec Telecom wins a $1 million Canadian Navy deal to provide radar system components.