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Surge Of Italian High-Tech Investments Hit The US

So far this year, Italian investments in the US have been numerous and have been all over the map. The US States which have reported a string of recent Italian investments include Tennessee, Virginia, Illinois and Texas. Tennessee: In the first four months of this year, 2016, four noted Italian investments have taken place in “The Volunteer State” by the Italian companies Martinelli Ettore, Beretta, Del Conca and Sacmi. Martinelli Ettore had its grand opening in April of its new facility which had started operations in January. Operations will initially focus on Martinelli Group’s core

Together Towards the Future - XYLEXPO!

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This was the key message of several speeches delivered at the press conference introducing the next Xylexpo, the biennial international exhibition of woodworking technology and furniture industry supplies to be held from 24 to 28 May at the FieraMilano-Rho expo center. New initiatives include Acimall’s participation in the Salone del Mobile.Milano 2016 to celebrate the association’s 50th anniversary and the 25th edition of the exhibition, but most of all to open a dialog with a new audience, especially the world of design and creativity. “For the second time, the event will show our own and

State of the Industry Report: Italian Woodworking Machinery 2015 Ends with a Largely Positive Quarter

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The year 2015 will not be remembered as a season of records, but for the Italian woodworking technology industry the past twelve months were undoubtedly better than expected. The trends based on the positive figures of the preliminary balance published by the association in mid-December (for convenience, see the table in the left column of this press release) will probably be revised upwards, although it should be noticed that most orders coming in the fourth quarter will generate revenues in 2016. As a matter of fact, orders in the final quarter 2015 cast a new light onto the industry. On the

SCM Group Chooses Xylexpo 2016 To Strengthen “Made In Italy”

An impressive installation covering 2,600 square meters will represent the comeback of SCM Group at the next Xylexpo, the biennial international exhibition of the wood and furniture industry, to be held at FieraMilano-Rho from Tuesday 24 to Saturday 28 May, 2016. This long-awaited news will be one of the focal points of the event, celebrating its 25th edition in 2016. “We were extremely satisfied when we were informed of SCM Group’s decision”, said Lorenzo Primultini, President of ACIMALL, the Italian association of Italian woodworking technology manufacturers, which organizes the exhibition.

State of the Industry Report: Italian Woodworking Machinery Could Expect Double Digit Growth in 2016!

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The woodworking technology and wood-based materials industry keeps showing encouraging trends: preliminary figures for the current year speak for themselves, showing a fully positive sign for all major indexes. The analysis carried out by the Studies office of the Confindustria-member association ACIMALL, gathering the industry's leading companies provides a brighter picture than many were expecting. And compared to the recent past, satisfaction comes from the domestic market, a trend that might bring even more significant “surprises” in 2016. Meanwhile, let’s take a look at figures, reminding

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 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

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

Italy Invests in the US: Italy's Kiian Group Opens Plant in Soddy-Daisy, TN

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KIIAN USA, Inc. officially opened for business on 27th September 2013 at a formal event to mark the launch of the digital textile and signage ink production and expansion of the Kiian digital business in the Americas. This exciting development was part of a strategic programme to internationally expand KIIAN's ink business. The establishment of a regional HQ in one of the most important of all global markets is a key development in KIIAN's growth. Located in Hamilton County, Tennessee, the focus for the KIIAN USA operation is to extend and develop KIIAN's Digital business in North America as

Covetech Srl

Covetech Srl manufactures machines and accessories for working glass plate. They are present worldwide through an extensive distribution network of subsidiaries, resellers, and agents and are able to ensure a careful and personalized customer service that goes from pre-sales consulting to post-sales service and spare parts. A significant part of turnover is invested in research, their research and Development Department, always attentive to the needs of their customers, dedicated commitment and resources to the creation of new products and improving existing ones. They also produce high