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State of the Industry Report 2019: Italian Textile Machinery Market

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New orders for Italian machinery manufacturers were negative both in foreign markets and in Italy. Abroad, an 8% decrease was recorded, with an absolute index value of 98.9 points. The drop in domestic orders was even more pronounced, at -22% compared to the third quarter 2018. The absolute value of the index was 94.9 points. Alessandro Zucchi, president of ACIMIT, commented the market situation: "The orders index for the textile sector provides a true picture of the global market’s downsizing. Current geopolitical tensions are undermining the climate of trust for businesses that need to

ITA Special Report: US Market for Advanced Manufacturing

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The USA Market for Advanced Manufacturing (AM) and Robotics Manufacturing in the U.S. has often been assumed to be in long-term decline, with the competitive advantage moving to low-cost countries such as Mexico and China. However, with advanced technologies likely to automate as much as 60% of factory tasks, in the future low-cost countries may no longer enjoy a competitive advantage, and the USA could well regain lost ground. Although many basic and low value-added products have moved out of the USA, the country still has an incredibly thriving manufacturing sector with more than $4 trillion

Distinguished North American Students Win Italian Technology Award to Study Advanced Engineering in Italy

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November 2019 – The Italian Trade Agency (ITA) is pleased to announce the North American winners of its annual technology awards (see Attachment A in the PDF for a full list). Essays by engineering students based in several renowned Universities in Canada, Mexico and the United States were selected by panels of Italian experts for their outstanding quality and innovativeness. Five scholars and eighteen students receiving the award have been honored with a one-week educational trip to Northern Italy commencing November 10th, 2019. The initiative’s fundamental mission is to enrich the

The industry chooses IPACK-IMA

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October 2019 - IPACK-IMA, the three-yearly processing and packaging industry exhibition for the food and non-food sectors to be held in Milan from 4 to 7 May 2021, has been pursuing a highly successful sales campaign with very positive results achieved by October 2019 and further growth expected. “A year and a half before the exhibition begins, a large number of companies have already confirmed their participation,” said Valerio Soli, Chairman of Ipack Ima srl . “They will be returning to Milan in 2021 because they believe in the strength of our exhibition project, with its excellent position

Italy Invests in US: Alabama Governor Ivey announces expansion of 2A SpA's auto parts foundry in Auburn

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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 has earned a reputation for technical innovation, and its decision to expand its Alabama manufacturing operation is a testament to its skilled workforce in Auburn,” Ivey said. “We’re thrilled that this first-class

State of the Industry Report 2018: Italy’s glass machinery industry continued its upward growth trend in 2018

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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 flat glass sales, confirming robust growth in the domestic market (+8.54%) and a 1.04% rise in exports. Hollow glass tallied a 5.57% upswing in overall sales, thanks to the driving influence of exports (+6.69

UCIMU’s Metalworking Industry Fam Trip To Canada

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 Inc , Motor Specialty Manufacturing, NTN Bearing Corporation of Canada, Hibar, Mott Manufacturing Ltd, BMP Metals Inc, Tycos Tool & Die, North Star Technical Inc, Fred Hall and Son, Mecaer America Inc, ICC Industrial

Italian Packaging Machinery Sales Grow 9 Times Faster Than Italy’s GDP

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 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

G.D USA Invests $3.73M In Virginia Manufacturing Facility

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 North America Tobacco division and Richmond site. “We appreciate the continued support from the state and county to help us move forward.” Coesia is a group of innovation-based industrial and

ICA North America

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 past 10 years in its key markets: Spain, Germany, China, India, Poland and Canada. ICA has also a manufacturing facility in India, in Gujarat state, in partnership with a Pidilite. ICA group employs