Due to the spread of the novel coronavirus or COVID-19, the outlook for 2020 set out at the beginning of the year is now moot. An exogenous shock is hitting the USA and the global economy as a whole to an unknown extent. What is special about the new economic crisis is that there have been simultaneous supply and demand shocks which have commanded not only a reduction in jobs, output, and revenues but also a strong volatility and enormous losses of value on the financial markets. As a result of these shocks, the post COVID-19 manufacturing ecosystem is expected to create a paradigm shift both

The Manufacturers’ Outlook is a yearly survey of the Canadian manufacturing industry conducted by Plant magazine (Annex Business Media) and various business partners. Almost 500 respondents – manufacturing industry executives participate in the survey by responding to a questionnaire. The replies are then analyzed and summarized in a report, which is reviewed and discussed by a panel of experts and industry media. The report and the panelists’ insights are then made public and circulated through Plant magazine and the other Annex Business Media outlets. Machines Italia was among the very first

The Machines Italia Awareness Surveys collect data on trends, stringent issues, motivations, and future plans of capital investments and technology purchasing of machinery from North American Manufacturers. The Surveys were administered by the 3 Machines Italia desks in Chicago, Mexico City and Toronto from 2004 to 2018. 2270 companies were interviewed through different editions of the Survey. Respondents’ titles Included: Owners/CEOs, Directors Vice-Presidents, Upper Management, Engineers. The large majority of the companies interviewed operate in 15 manufacturing sectors, referred as the

Waiting for more details to evaluate the impact of the pandemic on the industrial economy, based on the analysis of the Acimall Studies office we can illustrate the trend of wood and furniture technology in 2019. Unfortunately, those twelve months were characterized by hardly encouraging signals for the health of our industry, a suffering condition that can only get worse after the dramatic events of the first months of 2020. “Now more than ever, it is essential to understand the economic situation of the industries we represent,” said Dario Corbetta, director of Acimall, the Confindustria

As the current situation regarding COVID-19’s impact on the United States of America’s (USA) manufacturers rapidly changes, the Italian Trade Agency Chicago Office has included a number of what are considered trusted sources providing a wealth of updated information about the virus’s impact on the USA manufacturing economy. Of these sources, IBIS World, Manufacturers Alliance for Productivity and Innovation and National Association of Manufacturers have recently published surveys on the current impact the virus has and will have on manufacturers. IBIS World’s March 24, 2020 survey on the

Even in the last quarter 2019, the collection of machine tool orders highlighted a negative sign. In particular, in the fourth quarter 2019, the UCIMU index of machine tool orders registered a 16% downturn compared with the same period of the previous year. The absolute value of the index was 105.5 (base 100 in 2015). The overall outcome was affected both by the negative performance of the domestic market and by the weakness of foreign demand. In particular, the collection of orders in the domestic market showed a 21.2% fall compared with the fourth quarter of 2018. The absolute value of the

Cinisello Balsamo 17 December 2019. The year 2019 marked the end of the positive trend, started in 2014 by the Italian machine tool, robot and automation industry. Nevertheless, the registered decrease is very moderate and shows how the values of the main economic indicators are returning to normal levels, after the exploit supported by the measures of Industry/Enterprise 4.0. The slowdown will continue in 2020. This is in brief what was illustrated by Massimo Carboniero, President of UCIMU-SISTEMI PER PRODURRE, the Italian machine tools, robots and automation systems manufacturers'

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

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

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