Alabama Gov. Kay Ivey announced this week that 2A S.p.A., a prominent Italian die-casting company, plans 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…
At its June 27, 2019 meeting, Gimav – the Association that represents Italian manufacturers of glass processing machinery, systems, special products and accessories – reported 2018 FY data analyzed by its Study Center, which showed an overall 3.75% increase in sales compared to the previous fiscal year.
Breaking out the data for the two macro-specializations, there was a 2.08% increase in…
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…
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 goods exports (24.4%), the industry consists of 631 companies located mainly along the Via Emilia, the road that runs from Milan to Rimini, with further manufacturing clusters located in the Piedmont, Veneto and Tuscany…
WASHINGTON – Modula, an international group with an Italian HQ, that manufactures automated storage and retrieval systems, announced on June 11th at the SelectUSA Conference in Washington, D.C., that it will invest $26.5 million in a new manufacturing and logistics hub at a vacant facility in Franklin, Ohio, where it will create 100 new jobs.
Modula Inc. Chief Executive Officer…
The year 2018 was really good for wood and furniture industry technologies. The final figures processed by the Studies Office of Acimall, the Confindustria member association that represents industry companies, have driven up previous forecasts: 2018 closed with domestic production at 2.514 billion euro, up by 10.6 percent from the previous year. Definitely a…
2018 PRELIMINARY BALANCE
Again this year we can say that "…the barometer for woodworking and furniture industry machinery and plants keeps pointing to nice weather". We used the same expression at the end of 2017, which closed with 11.6 percent growth over 2016, and we are repeating it this year to tell you about an excellent 9.5 percent growth recorded by production in the past twelve months…