Business Brief: Entering Canada’s icebreaker era
Davie Shipbuilding is experiencing significant growth as it expands its international presence and participates in Canada's National Shipbuilding Strategy. The company is set to build a new heavy icebreaker, with parts being produced in both Canada and Finland. This collaboration is expected to bring long-term economic benefits to the Finnish city of Pori, which is reindustrializing its economy.
- ▪Davie Shipbuilding has moved into Pori's Mäntyluoto shipyard to support its icebreaker production.
- ▪The company is currently in one of its best boom cycles since being acquired by Inocea in 2012.
- ▪Pori is hopeful about the job opportunities that Davie's presence will bring to the community.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountGood morning. Canada’s Davie Shipbuilding was flirting with bankruptcy 14 years ago. Today, its name is synonymous with shipyards as far as Pori, Finland, a mid-sized city on the country’s west coast. I’ll take you there today, along with a trip to Bay Street to talk mortality.Up firstIn the newsEnergy: The head of energy infrastructure company South Bow says more must be done to remove political risks around pipeline permitting.Technology: Canadian generic drugmaker Apotex is expected to fetch a $10-billion valuation as it files to go public.Trade: Prime Minister Mark Carney pushes for “a new partnership” between Canada and the U.S.
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