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Welcome to Advanced Manufacturing magazine's e-newsletter! "A must-read for decision-makers who manage, source and implement manufacturing technologies. Canada's #1 source for advanced manufacturing technology news, analysis and products." e-Newsletter Today's e-newsletter is sponsored by:
Looking for a way to benchmark your company’s performance, progress and opportunities for improvement? Look no further. Advanced Manufacturing, in conjunction with the Manufacturing Performance Institute (MPI), will publish the results of the second annual Canada Manufacturing Study in our October 2007 issue. Deadline for completing the survey is August 17, 2007. The 2007 Canada Manufacturing Study will provide detailed insights into the manufacturing strategies, methods and technology in use in Canadian manufacturing along with results from a similar study conducted by MPI for IndustryWeek magazine in the U.S. To see last year's survey results, click here. We’ve made it very easy for you to take part. All your answers are strictly anonymous. All you need to do is: Visit: www.2007CanadaMfgStudy.com Fill out the survey and submit it. For filling out the survey, you will receive a FREE custom benchmark report comparing your facility to hundreds of other plants. As an added incentive, once you’ve completed the survey, you’ll also be eligible to win one of four prizes of an iPod Shuffle. Simply email your contact information to the editor at: jtenpenny@clbmedia.ca. (For a complete list of rules, please visit: www.advancedmanufacturing.com/rules.htm.) John Tenpenny, editor Please feel free to drop me a line:
Internet usage continues to grow within the Canadian industrial sector The vast majority of industrial professionals are now using the Internet to find components and suppliers, according to a recent survey of Canadian engineers, technical buyers, and members of the scientific and manufacturing communities. These views were uncovered in the Canadian Industrial Engineering Trends Survey recently conducted by GlobalSpec, a leading specialized search engine, information services and e-publishing company for the engineering, industrial and technical communities. Forty-five per cent of respondents indicated that they spend more than six hours a week on the Internet for work purposes, according to the survey. And these professionals increasingly rely on the Internet for technical information: 88 per cent of respondents indicated they use the Internet to find components and suppliers, while 84 per cent go online to obtain product specifications and 67 percent use the Internet for research. Additionally, more than half of respondents indicated that product/component specifications are most valuable when searching for components. Survey results also indicate the importance for manufacturers to have a strong online presence. Sixty-one per cent of respondents indicated that they use two or more search engines when searching on the Internet for work purposes. And online media is first on the list for engineering, technical and industrial professionals searching for products and services. Access the survey results at www.globalspec.com/CanadianTrends2007.
Hardinge of Canada to open Technical Centre Hardinge of Canada, founded in 1890 by two Canadian brothers (Franklin and Henry Hardinge) and headquartered in Elmira, N.Y., announced the grand opening of their new Canadian Technical Center in Mississauga, Ont., will be September 12, 2007. The 15,000 sq. ft. Hardinge Canadian Technical Centre, located at 7111 Kennedy Road in Mississauga, will support the full complement of Hardinge lathes, turning centers and workholding industrial products; Bridgeport mills, machining centers and grinding centers; Kellenberger cylindrical grinders; Hauser jig grinders; Tschudin production OD grinding systems; and Tripet production ID/OD grinding systems. Support will be dedicated to both pre and post sales services and the facility will stock a full complement of machines, repair parts, collets, tooling and industrial products. “It’s our goal to be closer to this vital North American market to better partner with our neighbors to the north,” states Doug Tifft, President of Hardinge of Canada. “This building and the team behind it represent Hardinge’s long term commitment to manufacturers in Canada.”
Creation Technologies secures $65 million investment Vancouver-based Creation Technologies LP, a Global Top 50 Electronics Manufacturing Services (EMS) provider and expert in manufacturing complex electronics, announced it has received a $65 million investment from Birch Hill Equity Partners. The proceeds will be used to meet the requirements of the company’s growing customer base, to fund its acquisition plans and to provide liquidity to employee and institutional shareholders. “We believe that Creation’s demonstrated track record of profitable growth and its unique business model make it an exceptional investment opportunity for us,” said Michael Mazan, a partner at Birch Hill Equity Partners. “We look forward to working with the outstanding leadership team at Creation as we help them to continue to grow their business both organically and through acquisitions.” Birch Hill believes that Creation represents the best investment opportunity in the growing North American mid-tier EMS market given its strong value proposition to customers, unique business model, culture and core values, attractive acquisition opportunities and excellent financial performance. “We are delighted with the Birch Hill investment and excited about the future of our company,” said Arthur Tymos, President & CEO of Creation Technologies. “Over the past five years, Creation Technologies has grown at twice the average rate of the overall EMS industry and we anticipate maintaining this rate of growth by supporting our current customers’ growth plans, winning new customers and increasing our emphasis on mergers and acquisitions. We believe that there are, and will continue to be, tremendous opportunities for us in the North American market place.” Today's e-newsletter is sponsored by:
Mastering the fine art of manufacturing excellence An art critic will tell you that to truly appreciate a great piece of artwork, you need to stand at a proper distance so that each individual brushstroke and swath of colour and form can take shape. But to truly grasp the big picture of manufacturing in Canada, you also need to spend some time with the individual artists running our leading firms to see how they are adding life to their companies by masterfully applying the right brushstrokes. I recently had the privilege of doing just that, when I moderated a roundtable discussion featuring a hand-picked group of leading CEOs and leaders we gathered together for a spirited discussion about innovation. Over the years, and in countless articles and editorials, I’ve often written about what Canadian manufacturers think, how they react, what they ought to do, and what they are like as a group.
Innovation and risk management in the global marketplace Global competition drives companies to improve both the financial and the operational productivity of their product and process development processes. This places a need to balance increased innovation with more comprehensive risk management processes. Increasingly, this juggling act has spread to include multiple players in different parts of the world often involving “lower cost” country participants. The technical work required throughout the entire life cycle of a product or service also takes on many forms. This includes the technical activities to conceptualize, design, analyze, and refine new product ideas; activities that plan and develop manufacturing, operations and maintenance processes.
Canada-US Manufacturing Trade Summit PLM Road Map 2007 Industrial Ethernet Control Seminar National Manufacturing Week 2007 Canadian Manufacturing Technology Show Canadian Forum on the Life Cycle Management of Products and Services Automation Fair Autodesk University OTHER SERVICES FROM ADVANCED MANUFACTURING Search and source products and parts Advanced Manufacturing magazine formed an alliance with GlobalSpec (www.globalspec.com), a leading specialized search engine and information resource for the engineering, technical and industrial communities.
Through this alliance, visitors to Advanced Manufacturing magazine's website (www.advancedmanufacturing.com)
will benefit from GlobalSpec's powerful search capabilities, including
SpecSearch®, GlobalSpec's trademarked search technology. SpecSearch
offers the capability to search by specification 120 million parts in
1,600,000 product families from more than 18,500 supplier catalogs.
This relationship also allows visitors to easily find
engineering-specific content via The Engineering Web®, more than 250
million pages of relevant technical information powered by GlobalSpec. Email the editor To email a comment to the editor: John Tenpenny jtenpenny@clbmedia.ca Unsubscribe from Advanced Manufacturing's newsletter. If you are having any technical problems, please go to websupport. Your email address will not be sold or passed on to any third party. It is only used for magazine-related purposes, such as renewing your subscription and this e-Newsletter. Please see our Privacy Policy for more details. CLB Media Inc. disclaims any warranty as to the accuracy, completeness or currency of the contents of this e-Newsletter and disclaims all liability in respect of the results of any action taken or not taken in reliance upon information in this e-Newsletter. © CLB Media
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