Canada's Industrial Manufacturers Prep for $3 Billion in Kickoffs
Attachment: Canada IM 2Q24
April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's hard turn toward renewable-energy technology is evident in the second-quarter project kickoffs planned across its Industrial Manufacturing Industry. Greener priorities in the automotive, power-generation and household goods markets are informing the high-value capital investments that are almost entirely located within 100 miles of the U.S. border.
Industrial Info is tracking more than US$3.2 billion worth of projects in Canada's Industrial Manufacturing Industry that are set to begin construction in the second quarter, with automotive-related projects accounting for more than 60% of the total. Companies with related projects include Ford Motor Company (NYSE:F), Amino Corporation, Dana Incorporated (NYSE:DAN) and E-One Moli Energy Corporation.
