Saturday, November 21, 2015

We used to make things in this country. #218: Nails

Time was, you bought nails in pasteboard boxes, and the nails were made in Canada.

Silvaco is now part of the Heico Group, and Sidbec-Dosco is now ArcelorMittal Montréal.

According to the Canadian Encyclopedia:

Iron and steel integrated producers (ore-based) are typically large firms that operate ore and coal mines (frequently as joint ventures), as well as iron and steelmaking plants. Producers include such companies as Essar Steel Algoma (formerly Algoma Steel) of Sault Ste. Marie, Ontario, Dofasco of Hamilton, Ontario, and ArcelorMittal Montréal (formerly Sidbec-Dosco)

Despite Canada’s formidable reserves of iron ore, the steel industry in recent decades has shrunk significantly as industrial markets have become increasingly globalized.  Today, every remaining steel mill in the country is owned by foreign investors and Canada is a net importer of the manufactured product. (my emphasis)

So, the nails in our coffin aren't even made here anymore.  Seriously, when it comes to manufacturing, the country is clous-less!

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