Precarn rolls with auto parts group

Not-for-profit Precarn Incorporated and the Automotive Parts Manufacturers Association are providing a minimum of $3 million to broaden R&D in the Canadian auto parts industry. Precarn, which supports technology development, will administer the joint program. “With Precarn's expertise in the management of leading-edge technology projects and APMA’s extensive knowledge of the auto parts industry, this partnership will make important contributions towards the development of a culture of innovation and collaboration within the Canadian auto parts industry, as well as increase the number of technology-based, supply-chain collaborations in Canada,” says Paul Johnston, Precarn CEO. “Precarn’s collaborative R&D model has proven that strong linkages among private, public and academic organizations are critical to successfully stimulate the growth and competitiveness of an industry segment.” The announcement comes at a time when Canadian auto parts shipments have dropped to under $30 billion, their lowest level since 2001. Requests for proposals will be announced at the APMA Annual Conference and Exhibition on May 9 and 10.

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