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Report: August PMI signals slow stabilization in Canada’s manufacturing industry despite ongoing challenges

Automation Mag

Shipping delays, especially related to ocean freight, led to another deterioration in vendor performance. On the price front, input cost inflation accelerated to its sharpest since April 2023, helping to drive the steepest increase in output charges for nine months. Meanwhile, firms also reported ongoing sea freight delays.

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Report: Modest improvement signs in Canadian manufacturing in January 2023

Automation Mag

Confidence about the future remained positive but slipped to a three-month low at the start of 2023. This meant that stocks of inputs fell again at the start of 2023. Firms are hoping that market demand and input supply will continue to stabilize over the months ahead.

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Savaria opens a manufacturing facility in Mexico

Canadian Manufacturing

The proximity to the US market will reduce lead times and freight costs, as well as adding overall capacity to meet revenue growth. Savaria is hiring additional staff with a goal of 100 employees by the end of 2023. The facility is modelled after Savaria Huizhou (China), Savaria’s operation providing subassembly services.

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Report: Canadian manufacturing sector faces toughest month of 2024

Automation Mag

Firms also noted supply-side constraints in July, with average lead times deteriorating to the greatest extent since February 2023. There were reports from panellists of delays with sea freight especially on key maritime routes including the Red Sea.

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Five minutes with… Laurence Drake, Managing Director of DAF Trucks in the UK

SMMT

The company’s order board for 2023 is now full, and attention is already turned to 2024. How are lead times for new trucks at the moment? We believe recent supply chain disruption has eased considerably and, while lead times remain relatively long, reliability on delivery times is stabilising.

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

4, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. . TEMPE, Ariz. , Jan. ” [Chemical Products]. December 2022.

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Embrace Disruption: The Supply Chain

Fabricating & Metal Work

Where do things stand regarding the state of the supply chain as we enter the summer of 2023? “I In 2023 and 2024 we will see those transformations begin to take place, including updated labor strategies [unfilled jobs create a large financial strain in the chain], real-time connectivity and visibility and automation,” Chesley noted.