A Vancouver-based company has announced plans to develop and market a “smart tool” that could help the city’s small and medium-sized businesses become more productive.
Krc, the maker of the popular machine tools used in factories, has teamed up with the City of Vancouver to launch the new technology.
The machine tool motor company is the third Vancouver-headquartered company to enter the industry since the federal government announced a plan last year to increase the number of employees needed to operate the province’s production plants.
It was a major change to the province, which had been in the process of hiring an additional 15,000 workers, to help its economy grow and become more competitive.
The province has also said it would hire 1,000 more people over the next three years, and is looking at bringing in 1,400 more workers over the coming years to fill vacant positions.
The new machines would be used to create products like industrial-grade tools that could be used for everything from painting to carpentry, said Brian Baskin, CEO of KRC.
They could also be used in other industries like medical care, manufacturing and warehousing.
“If we can provide the technology to be able to do these things, then it will be a really positive thing for our industry and the community,” he said.KRC, based in Victoria, British Columbia, has more than 300 employees in Victoria and Vancouver, and employs about 4,000 people.
It operates the KRC Tool Works in Vancouver and several other locations around Canada.
Krs, a subsidiary of Krc, is an industrial design and manufacturing company that has worked with the city of Vancouver for decades to develop its industrial design expertise.
Krs has developed a number of other tools for the city, including a variety of tools for construction and building, said Baskins.
The company also developed and sold a number on-demand tools to the city for its shops, including some used in the new machines.
Baskins said the new machine tools could help small businesses improve productivity by cutting costs and increasing efficiency.
“The more people that can use the tools, the more they can be productive, so it’s a really good thing for the industry and our community,” said Breslow.
“I think the key thing is that it’s not just the tools that they are going to need, it’s the process that we’re going to be working on, and that’s what makes us different.”
The new machine tool company is working with the government to develop a new technology that could speed up the process and speed up production, Baskinos said.
It is not clear when that technology will be ready to be tested.
The City of Victoria said in a news release that the new devices could be the next step in creating a “more efficient, reliable, and environmentally friendly manufacturing process for industrial goods.”
The city said the first prototypes have been tested by Krc’s workers and are in the early stages of manufacturing.
The project will use Krc tools, as well as existing tool and machinery from the city.
The City of Richmond has also created a manufacturing plant to test the new tools.
The city said it expects to employ about 15,600 people over four years.