Soaring steel prices eat into company profits, drive up building costs — and possibly what consumers pay
CBC News Windsor April 28, 2021 Flavio Volpe, head of APMA, quoted on the consequences of a rising steel price on industry. “If you’re selling a sedan or an SUV right now, the last thing you’re going to do in the middle of a pandemic is raise the price.” Read the full article here.
Dec 13, 2019 Keith Nuthall, Wards Auto For autos traded between the three USMCA countries to benefit from its low- or zero-duty provisions, 70% of all steel, aluminum and glass used must originate in North America. OTTAWA – The Canadian automotive industry is hailing the final text of the U.S.-Mexico-Canada Agreement (USMCA) trade deal for […]
EXCO won a PACE Award. Why is that important? Because the PACE awards honor innovation and Ontario is a hub of innovation. They shared the award stage with companies that out-spent them in R&D by orders of magnitude, yet still walked away with a win. We need more companies like EXCO and more people like […]