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Tag: canadian
U.S. Steel wins approval of Canadian unit restructuring
2014-10-09 05:25:00| Steel - Topix.net
The restructuring of U.S. Steel Canada Inc. will go ahead, with its parent company providing $185-million in financing to support the Canadian unit through the end of next year. The steel maker, operating under the protection of the Companies' Creditors Arrangement Act, has won approval of the Ontario Superior Court to receive debtor-in-possession financing from United States Steel Corp. President Barack Obama speaks at Millennium Steel Service in Princeton, Ind., Friday, Oct. 3, 2014, to discuss the economy as part of Manufacturing Day.
Tags: unit
steel
approval
canadian
Canadian National freight train carrying dangerous goods derails, catches fire
2014-10-09 01:00:00| Railway Technology
A Canadian National Railway (CN) freight train carrying dangerous goods has derailed near Clair, 200km east of Saskatoon, Canada.
Tags: national
fire
goods
train
Hillwood makes foray into Canadian real estate market
2014-10-08 22:50:10| Real Estate - Topix.net
Dallas-Fort Worth real estate and development company Hillwood is partnering up with Canadian developer Highfield Investment Group on a new partnership that mark's the North Texas company's entrance into the Canadian real estate market. Hillwood's foray into Canada comes on the heels of Ross Perot Jr.'s company expanding into the European market with $1 billion earmarked for the growth .
Tags: real
estate
market
makes
Oil Shipments Loom Large for Canadian Pacific
2014-10-08 02:57:51| Railroads - Topix.net
About a third of Canadian Pacific Railway Ltd.'s expected revenue gains through 2018 will be driven by crude oil shipments aided by improvements at oil-loading terminals and track in western Canada, the company's chief operating officer said on Tuesday.
Tags: large
oil
pacific
canadian
Canadian wax supplier denied early exit from Kellogg v. Flexible Packaging Corp. court case
2014-10-07 22:32:43| Food - Topix.net
A US federal court has denied The International Group's motion for summary judgment in a case alleging the wax maker and FPC provided Kellogg with non-merchantable cereal bags. Kellogg Company filed a lawsuit in a Michigan federal court against the Canadian packaging company in 2011, over allegations its tainted packaging cost the food giant millions of dollars and forced it to issue a nationwide recall of breakfast cereals.
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