Top safety award is highest safety designation awarded by the Insurance Institute for Highway Safety
Innovative Composites International has an option to purchase a manufacturer of fibre-reinforced thermoplastic skin for $2 million, which would secure supply of the material and reduce raw materials costs.
Operating profits for Canadian corporations continued to grow in the first three months of this year, but at a slower pace than in recent quarters, as the economic recovery loses momentum.
The University of Saskatchewan has received more than $14.2 million in funding from various sources that will drive R&D into more affordable solar power and the development of new nano-scale materials.
If your business is located in a resource-rich province, hang on to your hat: high commodity prices mean boom times ahead. Not so much in manufacturing centres Ontario, and Quebec, however, where growth will be fair to poor.
The earthquake that devastated the northeastern region of Japan on March 11 is also a harsh reminder to manufacturers of the risks they face in global markets.
BRIC growth sparks opportunity for suppliers and builders
Chrysler will save $300 million in interest a year when it repays US$7.5 billion in and Canadian government loans today.
ArcelorMittal is investing $2.1 billion in the expansion of its Mont-Wright mining complex in Quebec, a move that it says will create 8,000 jobs during construction.
Fortune Brands Inc. sells off golf business to increase booze sales
Lakeside Steel Inc. has opened its US headquarters in the Galleria Area of Houston and expanded its US reach with the acquisition of a upsetting and threading facility in Texas.
BioteQ has delayed restarting its Bisbee operations in Arizona after air leaks were found in the bioreactor loop system.
Bombardier reports CRJ1000 is more fuel-efficient than first estimated, work is underway on its Belfast wing plant and it is anticipating big orders from China for the CSeries.
Michigan auto-maker looking to catch up with GM in China
Volt electric car production will increase from 16,000 to 60,000