SME, Vance Publishing acquire components of Canadian manufacturing portfolio
The Society of Manufacturing Engineers has purchased Plant Maintenance & Design Engineering; Western Manufacturing Technology Show; Canadian Manufacturing Technology Show; Advanced Manufacturing Expo; Montreal Manufacturing Technology; Southwest Ontario Industrial Show; and Canadian Manufacturing Week from trade show organizer Reed Exhibitions. Vance Publishing has purchased Woodworking Machinery & Supply Expo and SIBO.
“With this acquisition, SME is undertaking a major investment to support Canadian manufacturing companies and their employees,” said Mark Tomlinson executive director and general manager of SME. “SME is excited and ready to take on a more active and supportive role within the Canadian manufacturing community and to assist the many fine organizations whose mission it is to enhance the competitiveness of Canadian manufacturing companies and their people,”.
The WMS and SIBO exhibitions will become part of Vance Publishing’s Interiors Media Network.
“We’ve identified events as a target area for growth throughout our company,” said Vance chairman William C. Vance. “These acquisitions are an integral part of that program and a clear indication of Vance’s aggressive expansion plans.”
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey