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Industrials News

Bombardier has already reached CSeries order target: Canaccord

Bombardier Inc.’s troublesome CSeries jet program moved a significant step closer to the company target of 300 firm orders Friday on the news that Macquarie AirFinance would commit to...

Posted on 9-27-2014 at 8:15 PM

Bombardier gets boost with major CSeries order

Bombardier Inc.’s C Series jet program got a big boost Friday with the announcement that Macquarie AirFinance has committed to the purchase of 40 planes.

Posted on 9-26-2014 at 9:04 AM

U.S. Steel Canada to sell Hamilton Works operations

U.S. Steel Canada Inc. plans to put its operations in Hamilton, Ont., up for sale within two months, but delay a sales process for its Lake Erie works until March, 2015.

Posted on 9-24-2014 at 7:12 AM

Canadian auto parts maker Magna to open two new plants in India

Canadian auto parts maker and contract manufacturer Magna International Inc said on Tuesday it plans to open two new plants in India.

Posted on 9-23-2014 at 10:15 AM

CN Rail chief urges Canada to ease minimum grain-shipment rules

Canadian National Railway Co. said the federal government should lower a grain shipment minimum because farmers haven’t been sending enough of the crop to allow the railroad to comply with...

Posted on 9-22-2014 at 2:31 PM

U.S. Steel Canada proposed restructuring of company

Executives of U.S. Steel Canada Inc., proposed breaking the company into pieces and wanted the United Steelworkers to join them in lobbying the Ontario government for pension relief and...

Posted on 9-18-2014 at 5:08 PM

U.S. Steel shares climb after Canadian unit files for creditor protection

U.S. Steel Corp. (X.N), the steelmaker trying to work its way back to profitability after five years of losses, soared in New York trading after putting its Canadian unit in creditor...

Posted on 9-17-2014 at 4:40 PM

U.S. Steel Canada files for creditor protection

United States Steel Corp. could sell all or part of the assets of U.S. Steel Canada Inc., as it restructures its Canadian unit, which was granted protection from creditors Tuesday under the...

Posted on 9-17-2014 at 7:38 AM

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