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INDUSTRY LEADERS WEIGH IN

BY NERISSA MCNAUGHTON

Data released in September 2019 shows a 2.8 per cent decline in (seasonally adjusted) manufacturing sales in July, following a 7 per cent contraction in June. Although the first few months of 2019 were optimistic, the manufacturing sector in July finished up a full 5.7 per cent lower than where it was in 2018. Behind these numbers are hardworking Albertans who are affected when issues like politics, and foreign relations affect their industry. Advocating for them is Alberta Enterprise Group (AEG), who seeks to influence and aid in the development of public policy, supporting market access for Alberta goods and services, interprovincial trade and cooperation and competitiveness. Today, several AEG members share the real-time effects of the changing state of the manufacturing industry.

LOCAL COMPANY WITH A UNIVERSAL IMPACT

UNIVERSE MACHINE IS PROUD TO SUPPORT ALBERTA’S ENERGY INDUSTRY

FROM ITS BASE IN EDMONTON, ALBERTA

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Here's a link to an article from Business In Edmonton's July issue about how Alberta's economy is making a comeback but with a few challenges to overcome.

Click the image to go to the article.

Business In Edmonton Article: Finding The Way

How economic downturns can provide new opportunities

The recent recession was among the worst Universe Machine Corporation has faced in over 53 years of business in Canada. Work slowed significantly, forcing cost cuts and other changes, which included downsizing staff by over one third. The economic slowdown this time around was not just due to low oil prices. lncreasing global competition, as well as the change of our provincial and federal governments here in Canada and their ensuing damaging new policies, were also contributing factors. Downturns are difncult for businesses and staff, but they can certainly bring some positives.

It's been easier to find that skilled employees and staff tend to be more engaged and productive. Having to run leaner to survive has spurred innovation and efnciency improvements. It3 led to exploring further diversification, automation, and increasing capabilities. Having more time and resources enabled us to uncover new opportunitiel ramp up R&D, and work on improving our products and services. This has proven to be beneficial in the short term, and we are confident this will provide long-term benefits as well.

Our investments in research and development during this downturn have included focusing on the testing and upgrading of our existing products, utilizing compiled data and various research mediums for new or improved platforms, adding larger equipment capacities and more services. We have also increased Universe's marketing exposure, focusing on strengths, new offerings, and other markets. All of this helps send the message that Universe Machine continues to move forward, even during difficult times.

During this downturn, Universe Machine has developed several new products, including Universe Hydraulic Bucking Units.This equipment utilizes existing in-house items that we manufacture vertically for rigs. With some creative engineering, we can cost- effectively transform them into a completely new horizontal product line for pipe yards, thereby enabling customers to more quickly and accurately pre-assemble pipes and couplings in a more controlled environment. Many Universe products have been designed utilizing the same parts, and that cuts down on inventory costs for both our business and our customers.

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Here's a great article with various examples where something went wrong with a valve and what caused it.

Cases 2 and 3 were examples that Universe's Valve Modification Division encountered.

Clicking the image below will take you to the article.

Valve Magazine Article: Studying What Went Wrong

JUNIOR ACHIEVEMENT OF NORTHERN ALBERTA & NWT ALBERTA BUSINESS HALL OF FAME’S 2019 LAUREATES

JUNIOR ACHIEVEMENT OF NORTHERN ALBERT

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The Edmonton Journal wrote an article regarding Universe Machine's 50th anniversary.

Quite a milestone, and a nice article as well. Click on the image to read more about it.

2016 01 07 Edmonton Journal After 50 Years Big Edmonton Machine Shop Still Looking To Future

The Shop Metalworking Technology Magazine has a great cover story in their October 2017 issue about Job shops and how strategy, working hard, and working smart are a terrific trio for a growing job shop.

For their Alberta section they talked a lot with Universe Machine. It's a great read.

Check it out by clicking on the image below.

2017 10 01 ShopMetalTech Magazine Growth By Design

This month's Business in Edmonton magazine has an article about Edmonton's Industry and working through the highs and lows.

They asked a few questions from various companies for the article including Universe Machine. Take a look at the article by clicking the image.

Business In Edmonton Article: Working Through Highs And Lows

Take a look at this featured article from Business in Edmonton about the past, present, and future of the oil & gas sector in Edmonton.

They also asked Universe Machine a few questions relating to this.

Click the image below to read all the details.

Business In Edmonton Article: Industry Insiders Discuss Future Edmonton Oil And Gas Sector

Universe Machine: Half a Century Strong.

The Business in Edmonton Magazine published a profile article on Universe Machine.

Check out the article by clicking the image.

Business in Edmonton Article: Profile of Universe Machine