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St Louis-based Electrical Components International acquires manufacturer Rochester Industrial Control of New York
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Canada Invests in Hybrid Forest Harvesting Trucks
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Cerberus-backed ECI acquires Promark Electronics
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Advanced Manufacturing Supercluster Funds Deployment of Flexible Automation Solutions Next Generation Manufacturing Canada
NGen consortium led by MDA commits over $11 million to build smarter, more resilient production systems.
HAMILTON, Ontario, Feb. 18, 2021 (GLOBE NEWSWIRE) Next Generation Manufacturing Canada (NGen), the industry-led organization leading Canada’s Advanced Manufacturing Supercluster, has co-funded a private sector consortium led by MDA that will enable the integration of artificial intelligence, industry 4.0, data sharing, and collaborative robotics into highly flexible, adaptable manufacturing environments.
MDA along with partners Promark Electronics (Montreal, QC) and AV&R (Saint-Bruno, QC) seek to transform the Canadian manufacturing landscape by applying advanced manufacturing technologies into production environments where constant changes and the ability to maintain flexibility are essential competitive advantages.
Scale AI, Oceans Supercluster, NGen commit collective $17 million to new projects
Three of Canada’s Superclusters have recently committed new funding for projects and initiatives aimed to bolster Canada’s innovation ecosystem.
The latest investments were made by Scale AI, the Oceans Supercluster, and the Advanced Manufacturing Supercluster. The Superclusters’ contributions have a combined value of approximately $17.6 million.
“Each cohort of projects reflects the organizations’ needs in all sectors for concrete AI applications.”
– Hélène Desmarais, Scale AI
Quebec-based Scale AI, which invests in accelerates the rapid adoption and integration of artificial intelligence, is investing a total of $6.68 million into five projects. Although the projects vary in scope, with some focusing on transportation assets and others augmenting supply chain logistics, all projects involve the application of AI technology.