ITC News

Italy’s AMUT Acquires DOLCI BIELLONI: “There is ... Synergy ... in Numbers”

This is how Mauro Drappo, CEO of the AMUT group, commented on the merger on 9 February that now has DOLCI BIELLONI operating with the new company name AMUT DOLCI BIELLONI. “Now two historical companies, AMUT and DOLCI BIELLONI can create significant synergies together and become a major player on international markets,” adds Drappo.

“We believe that this merger represents the completion of a process we began in 2011 with the entrance of Fondo Italiano di Investimento (an investment fund) into our shareholder structure to allow AMUT to grow through external mergers and gain a more important stature.…

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State of the Industry Report: Domestic Textile Machinery Sales and ITMA Expo 2015 Expo Area Are Up!

Italian Textile machinery orders for the year’s fourth quarter drop overall as sales abroad take a dip, while domestic orders appear on the rise.

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Roads To Innovation Symposium: Watch the Video Presentations

Watch the video presentations of the speakers at the Roads To Innovation: Advanced Manufacturing Symposium that was held on  November 18th 2014 at the Royal Botanical Gardens, Burlington, Ontario.

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PLAST 2015: Positive Signs From the Sector for the Upcoming Edition

Press Release: Milan, Italy January 2015: The Italian plastics and rubber machinery, equipment and moulds industry reconfirms its status as a solid sector making a significant contribution to the national economy, particularly through exports. This news is all the more positive if we consider the context of a recession that has struck almost all sectors of Italian industry. The analysis by Assocomaplast (the Italian trade association, member of Confindustria, uniting some 170 companies) of ISTAT data on foreign trade in January-September 2014 highlights growth in imports and exports, that had already begun in earlier months, with respect to the…

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Italy’s Davi Takes Italian Know-How to the High Seas Off Africa for Subsea 7

Another DAVI plate roll has recently been installed for SUBSEA 7's production of suction anchors and components for the offshore industry. "SUBSEA 7 is undoubtedly one of the largest manufacturers in the offshore sector” – said President Orazio Davi. Following the excellent experiences in other African countries, he reconfirmed DAVI as a supplier for their yard in Ghana, where it has recently installed a DAVI 4-roll with capacity of 3000 x 70 mm. “The plate roll – continues Orazio Davi – is the largest currently existing in the country and will be used by the local staff…

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Italy Invests in the US: Italy’s Auxiliary Company Moretto Sets Up a U.S. Facility in Columbus, Ohio

Italian auxiliary equipment manufacturer Moretto SpA has opened its first U.S. operation, in Columbus, Ohio, to handle sales, service and spare parts. Mr. Paolo Gasparotto, business development manager, said the 15,000-square-foot facility opened in October to cover the United States and Canada. Initially, Moretto is employing four people in Columbus, but Gasparotto said the company will add staff as business expands.

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Italian Plastic & Rubber Machinery State of the Industry Report 2014: NAFTA Sales Up 20%!

Assocomaplast (the Italian trade association, belonging to CONFINDUSTRIA, which groups to-gether some 170 machinery manufacturers) has compared ISTAT foreign trade data for January-September of the current year with data for the same period in 2013 and confirms further growth in both imports and exports.

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Italy Invests in the US: Italy-Based Acciaierie Valbruna Invests $30 Million in Fort Wayne (INDIANA)

The Italian subsidiary Valbruna Slater Stainless Inc. owned by Itay-based Acciaierie Valbruna SpA, a stainless steel and nickel-alloy manufacturer, has announced plans to expand its operations in Fort Wayne, Indiana, creating up to 45 new jobs by 2017.

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Italy’s Italian Trade Agency and US Department of Commerce’s SelectUSA Sign Memorandum

Italian Trade Agency and SelectUSA aim to promote business cooperation and investment between the United States and Italy.
          
The Italian  Trade Agency ("ICE-Agenzia") and The SelectUSA Initiative ("SelectUSA") are pleased to announce the signing of a Memorandum of Intent ("MOI") on November 5, 2014 in Rome, Italy, with the common purposes of increasing cooperation between the United States and Italy to stimulate the economic development and the flow of private capital of both countries and desiring to strengthen the cooperation between the participants in promoting foreign direct investment from each participant's country to the…

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IPACK-IMA 2015 Presentation Available Now

PowerPoint Presentation on IPACK-IMA 2015 to be held in Milan, Italy May 19-23, 2015. The presentation was conducted on November 4, 2014 during the Pack Expo International Show 2014 edition in Chicago, USA

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