News Feed: Machinery and Equipment
Machinery and Equipment Investment News – provided by ShiftCentral
Montréal International and DEL welcome the establishment of the ADETEL Group, a French firm specializing in the design of onboard electronic equipment, in Longueuil, Quebec. ADETEL Canada, which has just signed a strategic partnership with Varitron Technologies, an electronic product assembly firm, is planning on creating around 100 specialized jobs in the next three years. To meet ADETEL Canada's demand and better serve the needs of its expanding clientele, the Varitron Group has invested $3 million to optimize production space and double the area of its head office.
Japanese supplier Toyoda Gosei Co. is establishing a new plant for automotive interior and exterior components in Stratford, Ontario, to meet growing demand for automotive parts in North America. The plant, a branch plant of Toyoda Gosei subsidiary TG Minto Corp., will supply interior and exterior components to Toyota Motor Manufacturing Canada. Production at the plant will start in mid-2013, and by 2014 the number of employees will be about 70 people with annual sales at that time of $14 million.
2012-11-08 - London’s University of Western Ontario announced the official opening of the Fraunhofer Project Centre (FPC) for Composites Research, an applied research facility located at the university’s Advanced Manufacturing Park. The FPC is a collaboration between the university and the Germany-based Fraunhofer Institute for Chemical Technology. Researchers will focus on developing and processing lightweight composite materials for a number of industries, such as transportation, construction, machinery and aviation.
2012-07-17 - FFG Canada, an international joint-venture company, will create 26 new jobs in Bathurst, N.B. This $1.5 million investment will contribute $2.6 million annually to the province's gross domestic product once all the jobs have been filled. FFG Canada is a new international joint-venture company between Industrial Rubber Company, and German defence firm FFG Flensburger Fahrzeugbau Gesellschaft mbH (FFG), with the company headquarters in Bathurst. The company will begin its operations with the $135-million contract awarded to the German defence firm to supply 13 WISENT 2 Armoured Engineer Vehicles (AEV) to the Department of Defence through the conversion of Leopard 2 main battle tanks into armoured engineer vehicles.
2012-03-10 - Hitachi Construction Truck Manufacturing is expanding its Canadian operation by more than doubling the size of its work force in Guelph, and boosting its output of giant mining trucks by almost 100%. The company says the presence of a skilled and veteran work force at the plant, which Hitachi purchased in 2000, is the reason for expanding in Canada rather than in Mexico. The Japan-based company’s strategy stands in contrast to the wave of plant closings that has affected southern Ontario -- notably the shutdown by Caterpillar of its Electro-Motive Diesel Canada locomotive factory in London.
2012-02-02 - Industrial giant General Electric has opened a new $50 million aircraft engine testing and R&D centre in Winnipeg that could eventually create up to 50 jobs. The U.S. company said the centre will be run by joint venture partner StandardAero and will perform icing certification testing and develop other tests and equipment for GE Aviation's aircraft engines.
2011-11-29 - Hamilton, Ont.-based Bermingham Foundation Solutions Ltd. has secured "a significant investment" from the world's largest construction company, chairman and fourth-generation owner Patrick Bermingham has announced. Its new strategic partner, Soletanche Freyssinet, is part of the VINCI group, a Paris-based, publicly traded company that employs 180,000 people in about 100 countries. Bermingham is a foundation and marine specialty contractor, with a focus on the transportation, energy and mining markets.
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