Operations
Legal pot may breathe life into small towns hit by resource losses
Medical cannabis companies across the country are scaling up operations in anticipation of legalization next July.
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Tesla pushing to raise $1.5B to ramp up Model 3 production
CEO Musk said the company will meet its goal of making 10,000 Model 3s per week by next year.
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Electric vehicle-maker Faraday Future leases California plant
Ditched plans to build a plant in Las Vegas in early July despite spending $120 million to develop the site.
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Toyota, Mazda plan $1.6 billion US plant, to partner in EVs
The plant will have an annual production capacity of about 300,000 vehicles; it’s due to begin operations by 2021.
Reko invests $5.5 million for new manufacturing and innovation facility
40,000 square-foot facility expected to be completed by early next year.
Postmedia sells Toronto printing plant for $30.5M
Media company acquired the facility as part of its agreement to buy Sun Media’s English-language properties in 2015.
Honda profits up 19% on sales, cost cuts
Automaker expects to sell 5.08 million vehicles for the fiscal year through March 2018.
Peugeot-maker PSA finalizes Opel, Vauxhall takeover
Company names new management in an attempt to chart a turnaround.
Northstar Aerospace must safeguard pension plan, union says
Union says the company’s workers are being asked to swallow a 25% pension cut.
Feds invest $10M to build “smart factory” at Manitoba aerospace training facility
Project is worth more than $15 million, including investments from local partners.
Foxconn steering clear of Trump’s $30 billion investment claim
US President says Foxconn’s CEO told him of plans to invest $30 billion across the US was “off the record,” company won’t confirm details.
200 kgs of hash found in shipment of chocolate bars in Halifax
Mississauga, Ont., man faces multiple drug and importation charges.
Most automakers slow to fix dangerous air bags
Close to 10 million inflators with the highest risk of rupturing remained in use as of the end of March, analysis finds.
Daimler stands by diesel despite growing controversy
Q2 net profit up a scant 2% compared with a year ago, to $2.9 billion.
Trump to announce Foxconn plant in Wisconsin
The iPhone assembler revealed plans to invest in a $7 billion plant that would employ 5,000 workers in January.
