Covid-19 has affected the whole world and it did not spare the manufacturing industry. However, surprisingly, many companies have adapted to these changing circumstances by understanding that evolution is and always has been the only constant in their line of business.
Mexico, with a land mass of over 1.9 million km2, is the fourteenth largest country in size, and is strategically positioned as a…
Global tissue paper manufacturer Sofidel officially opened its seventh U.S. plant as part of an effort to meet increased consumer demand.
The company invested $360 million in the 1.8 million-square-foot facility in Inola, Oklahoma, outside of Tulsa. The site includes a paper mill and converting plant to turn pulp into finished tissue paper, paper towels, toilet paper, and napkins,…
October 2020 data released by Statistics Canada and Trade Data Monitor showed a solid positive growth for Italy’s exports to Canada of technology from the various (15) Machines Italia capital good related sectors.
With a +5,47% Italy marks the best performance among the top 20 partner countries. Italy’s market share also grew +26%. In stark contrast, Canada's total imports of industrial…
EIMA INTERNATIONAL is one of the world’s leading agricultural machinery and technology trade shows. Its 44th annual edition will take place from February 3 to 7 2021, and it will be the first international physical event scheduled to take place in Bologna, Italy after the COVID pandemic lockdown.
FEDERUNACOMA, the Italian Federation Of Agricultural Machinery Manufacturers …
Due to the spread of the novel coronavirus or COVID-19, the outlook for 2020 set out at the beginning of the year is now moot. An exogenous shock is hitting the USA and the global economy as a whole to an unknown extent. What is special about the new economic crisis is that there have been simultaneous supply and demand shocks which have commanded not only a reduction in jobs, output, and…
Alabama Gov. Kay Ivey announced that 2A S.p.A., a prominent Italian die-casting company, planned to invest $15 million to expand its foundry in Auburn, where it serves as a Tier 1 supplier to major producers of automobiles and heavy trucks.
The expansion project at 2A USA in Auburn will create more than 50 jobs and double the Auburn facility’s current die-casting area.“2A has earned a reputation…
Last March, UCIMU-SISTEMI PER PRODURRE embarked on a trip to Canada to gather insights of the country’s thriving metalworking sector. The program of the fam trip that stretched across 4 days, from March 4 to 8. was custom tailored by Machines Italia and included production site visits (12) and meetings with key industry stakeholders (8) in Ontario and Quebec: Magna Powertrain…
Revenue generated by packaging machinery manufacturers sees further 9.4% growth to 7.85 billion euros. The strong growth both in Italy and in international markets confirms the Italian industry’s world leadership position.The Italian packaging machinery industry has confirmed its position as one of the most dynamic Italian manufacturing sectors.
Ranked first in terms of share of total capital…
G.D USA, Inc. a member of the Coesia Group, will invest $3.73 million to increase capacity and enhance technology at its facility in Chesterfield County, VA. The project will create up to 26 new jobs at the Richmond operations. “G.D USA is excited to continue to grow our company in Virginia, and specifically Chesterfield County, for years to come,” said Roberto Parmeggiani, General Manager of the…
ICA, a leading, Italian-based supplier of coating solutions for the wood and glass industry, continues its global expansion by establishing a North American subsidiary in Ontario through the take over of its local distributor. ICA North America oversees the sales and distribution network in Canada, USA and Mexico until the US office is operative.
For ICA, this is the 6th FDI abroad office in the…