Italy's INglass Srl recently broke ground on its first facility in the US, which will be located in Byron Center, Michigan. INglass Srl, an Italian maker of molds for the plastics industry is investing $17.6 million in the West Michigan project and plans to employ 109 people over the next four years. Facility highlights The 45,000-square-foot facility, located at 920 74th St. SW in Byron…
For the second quarter of 2014, the textile machinery orders index elaborated by the research department at ACIMIT (the Association of Italian Textile Machinery Manufacturers), recorded a 6% increase compared to the previous quarter, for an absolute value of 86 points (basis: 2010=100). (See Graph)
This growth in orders came entirely from the foreign markets, for which an increase of 8% was…
Bonfiglioli Riduttori S.p.A., the Bologna, Italy-based leader in power transmission for mobile and self-propelled machines, announced that it will be expanding its Hebron, KY operations in Q4 2014. The expansion will include the progressive addition of new production lines of planetary gearboxes for mobile machinery to support the construction, mining, agricultural and forestry industries. The…
In Italy’s leading segments for instrumental mechanics industry, the graphic and paper machinery industry looks optimistic in correlation to the increasingly aggressive international competition and stagnant domestic market.
Revenues from exports and export-generated is growing despite balancing the delayed difficulties in the domestic market which in turn is keeping the employment levels stable…
ASSOCOMAPLAST, tthe Italian trade association belonging to CONFINDUSTRIA, which groups together some 165 makers of machinery, moulds and equipment for plastics and rubber, has produced its 2013 full-year forecast for the industry on the basis of foreign trade data for the first nine months of the year provided by ISTAT, Italy's National Institute of Statistics.
The slight dip in exports (-2.8%…
During a recent exclusive interview with Dr. Giorgio Colombo, President of Italy's ASSOCOMAPLAST, the national association for plastics and rubber processing machinery and mold manufacturers' association, he shared his thoughts and insights on the industry's transitional period experienced in 2013, current and future challenges faced by manufacturers and a clear outlook for 2014.
President, do…
Italy's ACIMIT, the Association of Italian Textile Machinery Manufacturers, has realized the "Sustainable Technologies" project. It is an effort to promote growth within the textile industry with a focus on new production models and efficient processes from an energy standpoint. Reducing the industry's environmental impact, the Italian textile machinery sector is working to provide technology…
The performance of the Italian industry of printing and converting machinery shows overall stability. This was revealed by the quarterly qualitative survey carried out by ACIMGA, the Confindustria association of companies operating in the industry. The analysis registered members’ sentiment in the third quarter of 2013 and outlines forecasts for the year’s end. On the domestic revenues front 50%…
The first edition of MECHA-TRONIKA, the fair of intelligence for the industrial production recently completed its successful run October 23-26 at the Fiera Milano trade show center in Milan, Italy.
MECHA-TRONIKA is a premier show dedicated to the systems and technologies able to optimize the machines, processes and systems management. Organised by EFIM-ENTE FIERE ITALIANE MACCHINE and FIERA…
The analysis by Assocomaplast, the Italian trade association, belonging to CONFINDUSTRIA, which groups together some 160 manufacturers of plastics and rubber processing machinery) of the latest ISTAT, the Italian National Institute of Statistics, figures for Italian foreign trade shows that, in the first half of 2013, imports in the sector were somewhat weak compared to the same period in 2012…