Category Archives: manufacturing

Ottawa’s manufacturing fund a mirage

There is a $200-million pot of money in Ottawa earmarked for Ontario’s hard-hit manufacturing sector. The Advanced Manufacturing Fund (AMF) was announced in February 2013 by then-finance minister Jim Flaherty. It was officially launched last December by Minister of State … Continue reading

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U.S. Steel Canada files for creditor protection

The former Stelco, now a division of U.S. Steel, is in trouble. Creditor protection is the “only option”. This, on the same day as another article proclaims “Canada’s manufacturing sector posted record sales for July and topped expectations as it … Continue reading

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Canada manufacturing growth index at 4-month low in December – Yahoo Finance Canada

Canada manufacturing growth index at 4-month low in December – Yahoo Finance Canada. Manufacturing activity has been expanding for nine months in a row. It hit a 2-1/2-year peak in October. Still, the manufacturing sector should gain momentum in 2014, … Continue reading

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American Axle to avoid Chapter 11

From the Detroit Free Press American Axle & Manufacturing Inc. said Thursday it reached a new deal with its lenders and its largest customer, General Motors Co., that will allow the supplier to avert a bankruptcy filing. The new deal … Continue reading

Posted in auto, manufacturing | 2 Comments

Metaklett, A Steely Hook And Loop Fastener

From Science Daily:Hook and loop fasteners have become commonplace features of both industry and households. However, they have one snag: they are too weak for many applications. Hook and loop fasteners made of spring steel have now been developed at … Continue reading

Posted in auto, manufacturing, Steel | 5 Comments

Testimony on behalf of Michigan’s tool and die industry

Joe Brown gave testimony before the Michigan Republican House Task Force on Jobs. While much of what he wrote applies to stampers all over, this part effected me the most. This very nearly happened to me. Skittish banks are declining … Continue reading

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America Needs a National Manufacturing Policy. Now.

From the Huffington Post, Sen. Sherrod Brown: Not too long ago, the ticket to the middle class was straightforward. Work hard, play by the rules, and you’ll have something to show for it — a good wage, a secure job … Continue reading

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Manufacturing Ranked No. 1 Industry for Economic Prosperity

A study announced in early June by Deloitte LLP had some interesting insights into our perceptions of manufacturing. Despite more than a year of bad news as the manufacturing sector continues to contract, a new annual index released today by … Continue reading

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US to loan $5.9 bln to Ford to aid fuel efficiency

Well, this is interesting, especially when combined with a few other developments I’ll speak about after the quote. The US government will loan 5.9 billion dollars to Ford Motor Co. and 1.6 billion dollars to Japanese automaker Nissan to invest … Continue reading

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Auto parts makers to shed 37,000 jobs this year, Conference Board forecasts

More bad news for Canadian stampers. One can expect roughly the same results south of the border, at least in proportion. From Yahoo! Canada Finance The Conference Board of Canada says auto parts makers will cut 37,000 jobs, or about … Continue reading

Posted in auto, manufacturing, stamping | 6 Comments