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The plant of more than 33,500 square meters will employ approximately 1,500 people and will manufacture automotive seating structures, instrument panels and center consoles. The new facility features bioclimatic principles to optimize energy efficiency, which will further the Group's commitment to achieve carbon neutrality by 2045. The 33,500-square-meter plant will employ approximately 1,500…
An Italian life sciences company is planning to establish its new U.S. hub in central Indiana. Stevanato Group says it will invest up to $145 million to build and equip a 370,000-square-foot manufacturing facility in Fishers and create more than 230 jobs by the end of 2025. The company, which provides drug containment, drug delivery and diagnostic services for the pharmaceutical, biotechnology…
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SMW‑AUTOBLOK is a global market leader in the manufacturing of workholding systems for turning, grinding and milling machine tools. The company designs, develops, manufactures and supports a variety of technology and solutions for different industries and applications  worldwide. Founded in Turin, Italy’s notorious automotive cluster, almost 80 years ago (1942), SMW‑AUTOBLOK moved, during…
Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the USA, Canada and Mexico, seven large industrial projects, including Tier 1 and Tier 2 automotive ones, will be completed at the World Trade Center Industrial Park in San Luis Potosí. “Despite the economic crisis due to the COVID-19 pandemic, T-MEC gave a boost to the Mexican economy and in particular to…
Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the U.S., Canada and Mexico, seven major industrial projects, including Tier 1 and Tier 2 automotive projects, will be completed at the World Trade Center Industrial Park in San Luis Potosi. "Despite the economic crisis due to the COVID-19 pandemic, the T-MEC gave a boost to the Mexican economy and in…
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…
The new 2017 financial statement data for the Acimac sample of world ceramic tile manufacturers analysed by the Acimac Research Department reveal a further improvement in Italy’s performance with respect to its international competitors, including growth in both production efficiency and profitability. However, sales growth slowed with respect to the exceptional results of 2016. The improvement…
  Analysing the 2016 financial statements for the ceramic and brick machinery sector, the ACIMAC Research Department used statistical methods to identify the group of top-performing companies. This cluster contains 28 companies (three-quarters of which are based in Italy) consisting prevalently of tile machinery manufacturers (24) along with 3 companies specialising in brick making…