In 2024, the United States government continues to offer incentives to encourage businesses to invest in new machinery. These incentives aim to boost manufacturing competitiveness, create jobs, and support domestic manufacturing and clean energy production. Here are some notable ones:Qualifying Advanced Energy Project Investment Tax Credit (the 48C Credit):This credit applies to facilities…
In an era defined by unprecedented global connectivity and rapid technological advancement, the manufacturing sector continues to serve as a catalyst for economic growth and innovation. Against this backdrop, the narratives featured in this edition of the newsletter are related to Italian companies’ strategic expansion in North America and their need to forge new collaborations when trying to…
The ITALIAN TRADE COMMISSION - ITA will be taking a Canadian Delegation to Italy to attend Mostra Convegno Expocomfort - MCE 2024 that will be held in Milano, Italy, from March 12 to 15, 2024. Mostra Convegno Expocomfort - MCE 2024 showcases the most comprehensive technologies, equipment, products and services for energy efficiency and comfort technology,…
Marmomac is the most important trade fair in the world specifically for the entire natural stone supply and value chain, from the quarry to processed products, technologies, machinery and tools. Marmomac is the offspring of one of Italy’s main natural stone quarrying and processing districts. Today, it is the main international hub for all protagonists in the sector and an essential platform…
A new, big exhibition concept dedicated to manufacturing technology will be launched at FieraMilano-Rho from May 21-24 2024, resulting from a partnership between BI-MU and Xylexpo, respectively organized by Ucimu-Sistemi per produrre - the association of Italian manufacturers of machine tools, robots and automation - and Acimall, the association of Italian woodworking machinery manufacturers. In…
The Italian Trade Commission (ITA), ANIMA, the Italian mechanical engineering industry association, and Unacea, the Italian construction equipment association, are delighted to take part in PDAC 2024, the world's foremost mineral exploration and mining convention. We proudly present a selection of Italy's most cutting-edge earthmoving, mining, and construction technology providers.These…
Biesse is thrilled to announce the upcoming launch of its new Ontario Tech Center, set to be ready in July! To accommodate the rapid growth in the Americas region, Biesse is making significant investments in Canada, and Vaughan, Ontario, has been chosen as the location for their cutting-edge facility. Centrally situated in the GTA and just minutes away from the Toronto Airport, it…
From 2021 to 2023, Italy maintained a notable presence in Canada's import market across various machinery sectors. The aggregate value of imports from Italy witnessed a substantial increase, reflecting a growth trend in the demand for Italian machinery in Canada. Italy ranked fifth among Canada's machinery import partners, with a notable 19.7% increase in import value from 2022 to 2023.…
The Italian company Pirelli inaugurated its Training and Education Center at the plant located in Puerto Interior, in Silao, Guanajuato, marking a new milestone in the company's history in Mexico. The main objective of this center is to train and specialize local talent in key areas for the industry.Additionally, the Italian company celebrated the production of 50 million tires at its Puerto…
In 2022, Mexico solidified its position as the seventh-largest importer of Italian machinery for plastics and rubber, reaching 141 million euros. Projections for 2023 indicate continuous growth, as in just the first half of the year, this figure reached 95 million euros. During the recent Plastimagen, held from November 7 to 10, Italy stood out as the second country with the highest…