Industry Analysis & Industry Trends
Although metalworking machinery represents a key capital investment for many downstream manufacturing industries, the Canadian Metalworking Machinery Manufacturing industry exhibits an ongoing state of decline. In an effort to salvage profit, operators have been reducing their labor forces, which in turn reduces wages. Despite these attempts at solutions, the outlook is not rosy, and revenue is expected to continue declining through 2018... purchase to read more
Industry Report - Industry Products Chapter
Other metalworking machinery
Metalworking machinery products manufactured in this segment include: automatic screw machines; die-casting machines; manufacturing dies (except threading); forging machinery and hammers; jigs and fixtures for use with machine tools; machine tools, attachments and accessories; milling machines; metal-forming punching, shearing and stamping presses; and metalworking rolling mill machinery and equipment, metal-cutting saws (except hand-held). The rebuilding of metal-forming machine tools is also included in this segment.
According to data from the Canadian government, this segment has accounted for more than two-thirds of industry revenue during the past decade... purchase to read more