News from our members Airbus, Baymag, Nanos Research, Samson Controls and Volkswagen.
Great news! We are thrilled to see that many of our members have performed exceptionally well in the 2023 Global RepTrak® 100 corporate reputation study, securing top positions amongst the world's leading brands. We would like to extend our warm congratulations to you all!
2023 Global RepTrak® 100 | RepTrak
A new joint effort has been announced by Airbus Canada, Pratt & Whitney Canada and SAF+ Consortium to work together on developing sustainable aviation fuel for the next generation. The project, named CADAQ-100, will receive support from the Quebec government and aims to contribute towards achieving the goal of net-zero carbon dioxide emissions in aviation by 2050, as per the decarbonization roadmaps outlined by the Air Transport Action Group (ATAG) and the International Air Transport Association (IATA).
More: LinkedIn
Congratulations to Baymag for achieving a remarkable trifecta of records in March: a new all-time monthly sales record, which is supported by a new production record at the Exshaw plant, and the highest tonnage of ore mined in a single month at the Mt. Brussil mine.
More: LinkedIn
The study "Canada-Germany Resource Security: Navigating in a Changing World Order", conducted by our member Nanos Research, Atlantik-Brücke Canada, and Konrad Adenauer Stiftung Canada, identifies Green Hydrogen and Critical Minerals as the most promising areas for German Canadian collaboration in the field of energy.
The study concludes that investments in infrastructure are needed to advance the partnership. Both countries should also work together to develop standards and regulations. While there are significant opportunities for cooperation between the two countries on energy and natural resource files, concrete actions are needed to move beyond goodwill.
Read the full report here
1983-2023: Congratulations to our member SAMSON Controls Inc. Canada on their 40th anniversary in the Canadian market! SAMSON Controls Inc. is a market leader for control valves for industrial process automation. Cheers to many more years! We’re proud to have you as part of our German Canadian network.
The battery company of Volkswagen Group, PowerCo SE, is planning to construct its largest gigafactory yet in St. Thomas, Ontario, with an annual production capacity of up to 90 GWh in the final expansion phase. Moreover, the planned investment of up to €4.8 billion / CAD$ 7 billion until 2030 has the potential to create up to 3,000 highly skilled jobs at the factory and tens of thousands more indirect jobs in the region.
Press release: Volkswagen and PowerCo SE will build their largest cell factory to date in Canada | Volkswagen Newsroom (volkswagen-newsroom.com)
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