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TOP STORY: WorkSafeBC finds similarities between two deadly mill explosions Investigators have found similarities and possible sources for two separate sawmill explosions that killed four men. Get incident update... • Join PEM on Twitter @PEM_Maintenance

NEWS: Power transmission/motion control industry expect 11% growth in 2012 PTDA members participating in the Business Index expect 2012 to be another year of growth with an average forecast of 11 percent. Read more... Loonie higher following string of losses on eurozone worries; commodities mixed The Canadian dollar racked up a solid gain Tuesday morning, reflecting a sharp runup in oil and copper prices Monday while domestic markets were closed for Victoria Day. Learn more about the dollar's rise... Factory sector bounces back as economy recovers from February swoon A new report on manufacturing suggests the Canadian economy rebounded in March, reversing the previous month's surprising contraction and pointing to a resumption of modest growth. Read more... Western Canada continues to set economic pace, Ontario outlook positive Western provinces will continue to set the economic pace in Canada, and recent indicators in Ontario's economy bode well for its outlook over the next two years, according to The Conference Board of Canada. Read full economic rundown... FEATURE: Oil & Lubrication Cut Costs Not Corners: Lubricants have significant impact on energy, labour and equipment costs How important can the right lubricant be to your company's bottom line? More than you might think. Because lubricants typically make up only one percent of a company's total operating costs, many lubrication programs do not receive the attention they deserve. However, the surprising truth is that the lubricants a company chooses can have a significant impact on high-visibility and high-value line items such as energy, labour and equipment costs. Find out how... PRODUCTS: Wireless condition monitoring Prüftechnik has released its first wireless condition monitoring system: VIBCONNECT RF transfers data via radio signals over a distance of up to 300 metres. Link... Combo pressure/temperature sensors American Sensor Technologies has introduced an pressure/temperature sensor and transmitter that provide both pressure and temperature outputs from a single process point. Link... Shaft-locking bushings Zero-Max's ETP Express keyless shaft locking bushings feature high torque capacity, ideal for locking into position gears, pulleys, sprockets and other components. Link... UPCOMING ONLINE SPOTLIGHTS May 29: On-Site Power & Generation June 5: Power Transmission June 12: Condition Monitoring DIGITAL EDITION: Warning Signs: How to take advantage of data from condition-monitoring tools Bearing Uptime: Use sight, sound and touch to monitor bearing performance Out with the Old: Remove B.C. Hospital brings in the new with boiler replacements On the Move: Relieve the burden of equipment relocations to quickly restore productivity Within Reach: Compact crawling crane lends helping hand at Ontario waste-water treatment plant CALENDAR OF EVENTS: May 28 - June 1: Better Physical Asset Management Initiatives that Work, Toronto June 7 - June 9: PTDA Canadian Conference Fairmont Empress, Victoria, B.C. Check out the Calendar of Events on the PEM website for more upcoming industry seminars, conferences, shows and training sessions. Got an event you want us to include on the website? Please send an e-mail to editor André Voshart: avoshart@annexweb.com.