Post Eagle Newspaper

Sunday

May 19, 2024

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New Jersey

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12:00:00

Automotive Sector Is Very Important

CANADA – The automotive sector is very important in this day and age. In Canada it employs over 120 000 people and in 2014, generated $86.4 billion in revenue, with exports of around $66.3 billion.

PAPPThe Automotive Parts Manufacturers’ Association (APMA) founded in 1952 is Canada’s national association representing Original Equipment Manufacturers (OEM) producers of parts, equipment tools, supplies and services for the worldwide automotive industry. APMA  cooperates with Brazil, Europe, India, Japan, Mexico, China and the United States to promote an exchange of market information and to create strategic alliances to strengthen Canada’s position in the global automotive industry. APMA is the voice of the automotive original equipment suppliers in Canada nationally as well as internationally.

To stay afloat with the industry every year, the APMA organizes Annual Conference & Exhibition, this year being no exception. In the beginning of June, 2015 at the Caesars Windsor Hotel and Conference Center, APMA brought together leading Canadian, American and international automotive industry professionals to learn, share and collaborate on each others ideas. Not only did it feature industry leading speakers, an exhibit hall and numerous networking activities, but was also a trade show and a “must to attend” event for anyone involved in the automotive industry.  The theme this year was:  Leveraging Strategic Assets to Increase Competitiveness. 

MAGNATableOver 400 people attended this year’s conference and over 150 companies were represented. There were numerous sessions with speakers from companies such as Toyota, Honda, Ford to name a few. Some local companies  from Windsor-Detroit were present, for example  Magna-Detroit and Windsor location (pictured), Essex Weld Solutions, The Narmco Group (founded in 1945 by Mr Rodzik) and Papp Plastics & Distributing Ltd (founded by Mr Papp in 1991).

The Honourable Ed Fast, Minister of International Trade and the Honourable James Moore – Minister of Industry were among the speakers.  As a part of Canada’s Economic Action Plan 2015, a balanced budget, low-tax plan for jobs, growth and security—Canada’s Prime Minister Stephen Harper recently announced a total of $50 million over five years in direct financial assistance to Canadian SMEs for market research and participation in trade missions. It is expected that this funding will help between 500 and 1,000 Canadian entrepreneurs per year reach their full export potential.

I am hoping, that the automotive sector in Windsor and Essex County will get some of this announced money  and that would definitely benefit our communities by helping to create jobs in the area.

by: Arleta Sziler