Euro Group is the world leader in the production and distribution of magnetic laminations for electric motors and generators for the most varied industrial applications: from automotive to domotics. The holding controls various manufacturing companies and divisions in several countries (Eurtranciatura, Alcast, Corrada, Euroslot, Saf, and others) and has 1,700 employees and a turnover of about € 330 million (2017). In order to support the group’s investments in research and development and the purchase of machinery and equipment for the new Mexican subsidiary, SIMEST and SACE , the Italian

Canadian headquartered automotive holding Magna International Inc has signed a deal to buy Italy’s OLSA S.p.A. The transaction is valued at $354 million (230 million euros). OLSA, based in Turin, Italy, employs about 2,500 people and has manufacturing operations in Italy, Poland, Brazil, China, and Mexico. Its customers include the Volkswagen Group, the BMW Group, Daimler, and FCA. The deal, which requires regulatory approval and other standard closing conditions, is expected to close before the end of the year. Magna says the deal will make the company a global lighting supplier and expand

According to data collected by the research department of UCIMA, the packaging machinery industry, one of the most dynamic Italian manufacturing sectors, recorded a solid 8.9% growth in 2017, with a turnover exceeding €7 billion (€7.19 billion). Export sales totaled €5.7 billion in 2017 (79.1% of the total production), 7.5% up from 2016. The sector continues to stand out for its strong international presence, with Italian companies competing head-to-head with their German counterparts in all global markets. One machine out of every five sold worldwide is made in Italy. The sector’s trade

Expo Pack Mexico, the main Mexican trade fair for packaging materials and technologies, took place from June 5 to 8, 2018 at the Expo Santa Fe Exhibition Center in Mexico City. The event registered over 25,000 visitors and approximately 1,000 exhibitors on 193,000 square feet of floor space. The growing international relevance of the show was attested by the numerous country-specific pavilions among which, the most prominent ones, were Argentina’s, the United States’, Brazil’s, and the France one. The Italian Trade Commission (ITA), in partnership with UCIMA - the Italian Packaging Machinery

FABTECH, Mexico’s leading metal forming, fabricating, welding, and finishing event was held in Mexico City, from May 2 to 4, 2018, at the Centro Banamex. The ITA office in Mexico City and Machines Italia organized a “Punto ITALIA” desk at the event to provide information and assistance to local visitors,connecting them with Italian exhibitors and delegates. The presence of Machines Italia served to underline the importance of the ITA’s Technological Centers network and its role in supporting the Mexican manufacturing industry: in particular, the Center for Italian-Mexican Innovation In The

From July 11th to 15th, 20 companies from across the world were hosted by the Italian Trade Commission (Canada and Mexico) and FEDERUNACOMA, the Italian Agricultural Machinery Manufacturers Federation, in Italy, where they attended the EIMA Show Umbria 2018. This event, which took place in the Casalina farm, near Perugia, with its 1860 hectares and 1450 UAAs, consisted of on-site demonstrations and field trials of agricultural machinery, equipmen,t and advanced technology – as well as workshops and seminars on such topics as soil preparation, seeding, fertilization, irrigation, haymaking

From October 24 to 26, 2018, the city of Guadalajara will host the 21st edition of FUNDIEXPO, Mexico’s preeminent trade fair for foundry technology. The Italian Trade Commission (ITA) office in Mexico City, in partnership with AMAFOND, the Italian Foundry Suppliers’ Association will be exhibiting at the event with a group of Italian companies. According to AMAFOND’s data, in 2017, the Italian foundry sector showed clear signs of recovery, with a turnover of about 1.53 billion euros, exports of over 1 billion euros and almost 6,000 employees and 143 companies. On the export front, the US was

The Elica Group has been a household name in the kitchen hoods market since the 1970s, and it is now the world leader in the industry in terms of units sold. More recently, the Italian-based group has acquired a leading position internationally in the design, production, and marketing of electric motors for hoods and heating boilers. Vast experience in the hoods and boilers field, great attention to design, innovative materials, and advanced technologies are the strengths of Elica Group. With regards to technology, Elica has tapped into the growing "smart home” trend and incorporated, early on

With a population of 120 million, political and financial stability, 12 trade agreements with 44 countries, and the North American Free Trade Agreement in renegotiation – Mexico’s economy is slated for more strong growth in 2019. Mexico is a big consumer of packaging materials and technology, particularly in the food and beverage industry, followed by the pharmaceutical and personal care sectors. The popularity of carbonated drinks and alcoholic beverages, as well as the eating habits and personal care of the Mexican population, generate a high demand for packaging and packaging machines. In

The Gimav Studies Centre releases official data on the sector: the growth trend continues for the 8th consecutive year "This marks the eighth consecutive year of growth. The upswing in exports continues, and domestic market indicators are starting to improve as a result of the Industry 4.0 Plan incentives. Our sector is growing, and it's very gratifying to be able to say that the effects of the downward trend that marked the national and international economy in 2009 are definitively behind us now". This was the initial comment by Laura Biason, Director of Gimav, the Confindustria member