#3: Winter 2017
Italy is emerging as one of the leaders in the new, partially deregulated energy market. This is thanks to a strategy that focuses on the creating of partnership and joint ventures with local players.
Bardiani Valvole is an established Italian manufacturer of hygienic valves for the food, beverage and pharmaceutical industries. It exports its products to over 70 countries and the brand is synonymous with Italian technological innovation worldwide. Bardiani will be exhibiting at the Profood Tech 2017 trade show in Chicago where it will present its newest line of PMO valves.
North Carolina based Advanced Ceramic Coatings (ACC), a joint venture between Ohio-based GE Aviation and Turbocoating Corp. of Italy, announced that it will invest $15 million to build a new 62,500-square-foot facility at Hillside Enterprise Park in Duncan and create 50 jobs.
FCA, the U.S. arm of automaker Fiat-Chrysler, announced on January 8th, 2017 that it would invest a total $1 billion in plants in Michigan and Ohio, which will add 2000 new jobs in the United States.
Agrati Group from Italy announced the acquisition of Continental Midland Group (CMG), a leading North American engineered fastener company in the automotive, commercial vehicle and Industrial markets with 4 production plants focused on screws, bolts, nuts and special cold forged parts, and one logistic center. Plants and logistic centers are located in the US: Illinois, Ohio and Indiana. The Sales and Applications Engineering Center is located in Southfield, Michigan.
Italy’s EURO GROUP SPA and Kuroda PrecisionIndustries Ltd. from Japan established a Strategic Alliance for the production and sales, stator and rotor laminations for electrical motors and generators in the American Market. As a first step Euro Group and Kuroda have decided to operate together in the United States, America, by bringing their respective skills and a commitment to extend this cooperation to other regions.
No limit to imagination. A slogan, that in Sacmi’s case, translates into new technology for decorating caps, designed to complement plant and machinery used all over the world for manufacturing plastic caps – a field in which Sacmi is the world leader – with a solution capable , highlighting essential aspects for developing the brand and showcasing the product.
Zapi Group, the Italian-based leader in motion and transmission components for batteries and hybrid-powered vehicles acquired Delta-Q, a Canadian company that designs chargers for electric vehicles, including golf cars, scissor lifts and floor cleaners.
Mecaer America has announced that it will invest $40.4 million in its Laval facilities to design and manufacture new landing gear for airplanes and helicopters. The company will receive a $5-million loan and a $3-million non-refundable contribution from Investissement Québec.