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Italian Plastic Machinery State of the Industry Report 2015: Sprinting Forwards for the First SIx Months

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The statistical analysis performed by Assocomaplast (Italian trade association, part of CONFINDUSTRIA, representing over 160 companies) on foreign trade data provided by ISTAT regarding the first six months of this year , reveals – in comparison to January-June 2014 – a markedly positive performance for Italy's exports and imports of plastics and rubber machinery, equipment and moulds. The growth recorded since the first months of 2014 has continued this year and actually has increased: by the end of June 2015, the rise in purchases from abroad approached 17%. This provides further reassurance

Italy's Trade Association for Plastic & Rubber Machinery Elects New President & Posts Positive Signs

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The annual members assembly of ASSOCOMAPLAST – the Italian trade association belonging to CONFINDUSTRIA, which groups together over 160 makers of machinery, moulds and equip-ment for plastics and rubber – was held on Friday, 19 June at the Science and Technology Mu-seum in Milan. The assembly elected a new President for the two-year term 2015-2017: Alessandro Grassi, managing director of Frigosystem srl, who in turn named Andrea Franceschetti, international sales director for Gefran spa, as Vice President of the association. The members assembly was followed by the public Assocomaplast

Italian Machinery Still Online In Korea After 25 Years!

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A service call in Korea, found an Italian plate roller still in use by its Korean customer and still performing as it did its first day of service 25 years ago, without ever having had any single major failures, for sure it was built in the proper way - an Italian way! That clearly was the case during a technical service performed by DAVI engineer at POSCO, the Korean steel mill giant. The plate roll is a DAVI four roll with a capacity 10 ft x 4” 1/4. The machine got an upgrade of the control system, with the advanced DAVI iRoll, with the possibility of remote programming and performance

Italy Invests in the US: Italy's System Logistics' Modula US Brings High-Tech Manufacturing to Maine

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Italy's System Logistics's automated vertical storage solutions company Modula US has announced a $6 Million USD investment in manufacturing at the firm’s Lewiston, Maine facility. The factory will be equipped with the latest automated lines to punch, bend, weld and cut sheet metal for a variety of Modula storage products. According to Modula US President Miguel Fabra, “40 years of experience designing, engineering and manufacturing storage equipment makes Lewiston an ideal place to develop the next generation of automated supply chain solutions. The combination of a skilled Maine workforce

Italy's Italian Trade Agency and US Department of Commerce's SelectUSA Sign Memorandum

FOR IMMEDIATE RELEASE Chicago USA & Rome, Italy November 5, 2014 Italian Trade Agency and SelectUSA aim to promote business cooperation and investment between the United States and Italy. The Italian Trade Agency ("ICE-Agenzia") and The SelectUSA Initiative ("SelectUSA") are pleased to announce the signing of a Memorandum of Intent ("MOI") on November 5, 2014 in Rome, Italy, with the common purposes of increasing cooperation between the United States and Italy to stimulate the economic development and the flow of private capital of both countries and desiring to strengthen the cooperation

Italian Textile Machinery: State of the Industry Report 2014: Foreign Orders Continue Upward!

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For the third quarter of 2014, orders for Italian textile machinery manufacturers grew compared to the previous quarter. Economic data from industry surveys conducted by ACIMIT, representing the textile machinery sector, indicate a 4% increase. The value of the orders index for the period from July to September came in at 89.8 points (basis 2010=100). However, this rise in orders is limited to foreign markets, where for the period taken into consideration an increase of 9% was reported, and the index measured a value of 99.4 points. On the other hand, the domestic market remains stagnant

At Maker Faire New York 2014 ITALY TAKES THE SPOTLIGHT IN THE NEW INDUSTRIAL REVOLUTION!

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World Maker Faire 2014, the most important show this year, dedicated to advanced and 3D printing manufacturing will take place from September 20-21, 2014 at the New York Science Hall in New York City. Italian Maker Pavilion is in Zone 3 - Makers Pavilion - Booth MP-13 (see map photo) To design on one’s computer or tablet and then to print in 3D means you can edit the original project as many times as you want at no extra cost. One will not need years of study, large capital investments nor large economics of scale to be successful. Today, millions of people have access to producing anywhere

Italy Invests in the US: Italy's INglass Srl to invest $17.6 Million in Byron Center, MI facility

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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 Center, will house INglass’s HRSflow division, which manufactures hot runner systems for plastic injection molding. The facility will feature significant roof windows and natural daylight, and will also

Italian Textile Machinery State of the Industry Report Second Quarter 2014: Foreign Orders Are Up!

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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 recorded for the period from April to June, with the industry index of 92.1 points. For its part, the domestic market showed a decline in order intake for the second quarter (-9% over the previous quarter)

Italy Invests in the US: Italy's Bonfiglioli USA to Expand Hebron, KY Operations

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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 expansion will create dozens of new jobs for the northern Kentucky region. The Hebron production line will be the first line of manufacturing in the U.S. for Bonfiglioli and will increase the Company’s