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economy
Canadian manufacturing sales up 1.4% to $71-billion in July
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per cent to $82.2 billion in May. General view of production along the Honda CRV production line is shown during a tour of a Honda manufacturing plant in Alliston, Ont., Wednesday, Apr. 5, 2023. THE CANADIAN PRESS/Cole Burston
globe investor
U.S. manufacturing ETFs win assets as investors bet on ‘reshoring’
A steel worker manufactures 155 mm M795 artillery projectiles at the Scranton Army Ammunition Plant in Scranton, Pa., Thursday, April 13, 2023.
globe investor
Breaking through the boys’ club in steel, construction and beyond
Laura Suen, founder of Fire and Steel, which makes toy and real weaponry, says she still gets questions about who’s in charge, but she’s learned to brush off those slights.
international business
Swedish battery maker Northvolt to cut costs, explore strategic partnerships
FILE PHOTO: General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm./File Photo
report on business
Canadian billionaire Barry Zekelman weighs his options after amassing equity stake in Algoma Steel
Employees wearing personal protective equipment monitor the red hot steel being poured from ladles at the steelmaking facilities at Algoma Steel in Sault Ste. Marie, Ontario on June 21, 2024. (Deborah Baic / The Globe and Mail)
report on business
BRP slashes yearly forecast as it faces softer consumer demand, heightened competition
A BRP logo is shown in Valcourt, Que., Friday, November 9, 2012. THE CANADIAN PRESS/Graham Hughes.
report on business
BRP cuts annual guidance as company reports second-quarter profit, revenue down from year ago
Workers place the decal on their ski-doo on the assembly line making snowmobiles at BRP Inc., in Valcourt, Quebec, October 8, 2020. (Christinne Muschi /The Globe and Mail)
globe investor
Markets torn by U.S. services-factories divide
Mike Dolan
international business
Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources say
FILE - A U.S. Steel logo is seen on a water tower, May 2, 2019, at U.S. Steel's Edgar Thomson Works in Braddock, Pa. (AP Photo/Gene J. Puskar, File)
globe climate newsletter
Globe Climate: Green Steel? Algoma wants to go electric
Ladle metallurgy furnace (LMF) operator Regis Emond oversees a batch of steel being made from a pulpit at the steelmaking facilities at Algoma Steel in Sault Ste. Marie, Ontario on June 21, 2024. (Deborah Baic / The Globe and Mail)
u.s. business
U.S. manufacturing contracts at moderate pace in August; construction spending falls
FILE PHOTO: An Ariens Company employee works on the assembly line at the company's plant in Brillion, Wisconsin, U.S., in this undated handout photo obtained by Reuters on April 3, 2024. Ariens Co./Handout via REUTERS/File Photo
economy
Canadian factory PMI rose to five-month high in August
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per cent to $82.2 billion in May. General view of production along the Honda CRV production line is shown during a tour of a Honda manufacturing plant in Alliston, Ont., Wednesday, Apr. 5, 2023. THE CANADIAN PRESS/Cole Burston
opinion
Contra Guys: This materials technology company is in a multi-year turnaround that should pay off big for investors
Philip MacKellar
newsletter
Business Brief: An electrifying future for a storied steel company
Sparks fly from red-hot iron at the No. 7 blast furnace and ironmaking facilities at Algoma Steel in Sault Ste. Marie, ON.
report on business
Algoma Steel is banking on a renaissance with its multimillion-dollar plan to go electric
Worker prepare parts of the ventilation system for the new electric arc furnace facility being built at Algoma Steel plant in Sault Ste. Marie, Ontario on June 19, 2024. The new electric furnaces are being added in order to reduce carbon emissions in an effort to ‘green’ their steel making operation. (Deborah Baic / The Globe and Mail)
international business
Lockheed-Raytheon JV secures $1.3-billion Javelin missile contract from U.S. Army
FILE PHOTO: Javeline anti-tank missiles are displayed on the assembly line at a Lockheed Martin weapons factory in Troy, Alabama, U.S. May 3, 2022. REUTERS/Jonathan Ernst/File Photo
international business
Nippon Steel boosts capital commitment to U.S. Steel plants
FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024. REUTERS/Issei Kato/File Photo
rob magazine
For Armstrong Fluid Technology, reinventing a line of heat pumps illustrates the value of institutional curiosity
Power lines are seen against cloudy skies near Murvale, Ont., northwest of Kingston, Wednesday, Sept. 7, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
report on business
Microchip Technology says certain operations disrupted by cyber incident
FILE PHOTO: A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1, 2017. REUTERS/Kacper Pempel/Illustration/File Photo
report on business
High energy prices are forcing German manufacturers to consider cutting production
An employee takes a sample at the blast furnace at the ThyssenKrupp plant in Duisburg, western Germany on November 16, 2021. - Shares in Thyssenkrupp rose at the Frankfurt Stock Exchange on November 16 after press reports about the possible IPO of a unit developing green hydrogen projects. ThyssenKrupp wants to find out, how coal can be replaced by hydrogen in the production of iron in their blast furnaces. Behind this is the "H2Stahl" project, the aim of which is to reduce CO2 emissions in steel production in the future by using hydrogen. (Photo by Ina FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)