In the first half of 2018, the export of automobiles assembled in Mexico grew by 10.5% compared to the same period last year, for a total increase in vehicle production equal to 6.4%. The data, published by AMIA (Asociacion Mexicana De La Industria Automotriz), does not take into account the activities of Japanese maker Nissan. The reason for the growth, explains AMIA's President Eduardo Solis,…
Euro Group is the world leader in the production and distribution of magnetic laminations for electric motors and generators for the most varied industrial applications: from automotive to domotics. The holding controls various manufacturing companies and divisions in several countries (Eurtranciatura, Alcast, Corrada, Euroslot, Saf, and others) and has 1,700 employees and a turnover of about €…
The contract for the construction of the Intermodal Center for Land Transport (CITT), serving the new International Airport of Mexico City, valued at $350 million, has been awarded to Italy’s Astaldi Group. The contract represents the Group's first step in this new market, which is part of Astaldi's strategy of geographical diversification, and which offers great opportunities for development in…
Canadian headquartered automotive holding Magna International Inc has signed a deal to buy Italy’s OLSA S.p.A. The transaction is valued at $354 million (230 million euros).
OLSA, based in Turin, Italy, employs about 2,500 people and has manufacturing operations in Italy, Poland, Brazil, China, and Mexico.
Its customers include the Volkswagen Group, the BMW Group, Daimler, and FCA.
The deal,…
TransCanada Corporation has conditionally awarded Pacific Atlantic Pipeline Construction Ltd, a Calgary-based Canadian company that is part of Italian engineering and construction firm Bonatti Group, a construction contract for a portion of the Coastal Gaslink Project, pending a positive investment decision by the partners of LNG Canada for the construction of a natural gas liquefaction facility…
According to data collected by the research department of UCIMA, the packaging machinery industry, one of the most dynamic Italian manufacturing sectors, recorded a solid 8.9% growth in 2017, with a turnover exceeding €7 billion (€7.19 billion). Export sales totaled €5.7 billion in 2017 (79.1% of the total production), 7.5% up from 2016.
The sector continues to stand out for its strong…
Expo Pack Mexico, the main Mexican trade fair for packaging materials and technologies, took place from June 5 to 8, 2018 at the Expo Santa Fe Exhibition Center in Mexico City.
The event registered over 25,000 visitors and approximately 1,000 exhibitors on 193,000 square feet of floor space.
The growing international relevance of the show was attested by the numerous country-specific pavilions…
FABTECH, Mexico’s leading metal forming, fabricating, welding, and finishing event was held in Mexico City, from May 2 to 4, 2018, at the Centro Banamex.
The ITA office in Mexico City and Machines Italia organized a “Punto ITALIA” desk at the event to provide information and assistance to local visitors,connecting them with Italian exhibitors and delegates.
The presence of Machines Italia served…
SIMAC-TANNING TECH 2018, the annual international trade show for footwear, leather goods, and tanning industries, took place at the Rho-Fiera Milano exhibition center, in Milan, from 20 to 22 February, 2018. 180,000 square feet and 300 exhibitors, from all over the world, showcasing the latest and most advanced technology and processing machinery made the 2018 edition of the show a great…
1,503 exhibitors, 68,802 visitors, 62,000 square metres of floor space. These were the extremely encouraging figures of the last edition of IPACK-IMA, Italy's largest packaging technology trade show, which took place at the Fiera Milano Rho fairground, (Milano), from May 29 to June 1, 2018.
Noteworthy were the data regarding international attendees: a total of 18,577 foreign visitors from…