machinery and equipment
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US factory orders slipped in April, investment weak
Demand for heavy machinery, iron and steel, and commercial airplanes declines.
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Wholesale sales falls 1.2% in September: StatsCan
Machinery, equipment and supplies subsector posts largest drop, down by 4% to $10.9 billion.
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Alberta taps climate levy fund to help farmers reduce GHG emissions
Province will spend $10 million to expand existing programs to encourage the use energy efficient equipment and solar power.
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Benefits of vibration monitoring
Vibration measurements relate to the probability of equipment bearing failure.
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Wholesale sales fall 2.2% in February: StatsCan
Machinery, equipment and supplies subsector posted the biggest drop.
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German union seeks 5% raise for millions of workers
Demands come ahead of negotiations starting March 9 for automotive and machinery workers.
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Rolls-Royce plans $600M upgrade at Indianapolis plant
Renovation will reduce its costs by replacing infrastructure and equipment dating back to World War II.
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Private sector capital spending to drop 7% in 2015: StatsCan
Manufacturers plan to increase spending by 2.7% to $17.5 billion.
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EDC predicts Alta. exports will bounce back in 2016
Forecast predicts 25% drop in energy exports and a 23% drop in natural gas exports this year.
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Fibreglass manufacturer loaned $310K to expand in NB
Expected to create up to 40 new jobs over four years.
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Feds eliminate remaining machinery, equipment tariffs
Latest round of tariff cuts expected to generate $450 million in tax savings for manufacturers.
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Soucy Group gets $9M for productivity, product development
Repayable contributions will be used to expand factories, acquire manufacturing equipment.
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Big biz urges Tories to spend anticipated surplus carefully
A national labour strategy, levelling the corporate tax field and ratifying trade deals must be priorities.
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Flaherty releases details on capital cost allowance extension
The measure has been used by about 25,000 Canadian businesses to buy new machinery.
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Manufacturers are primed for business growth in 2013
PLANT’s 2013 Business Outlook Survey shows senior executives are investing and banking on higher profits.
