This Spring the Italian Trade Agency via its USMCA's joint project Machines Italia, welcomes you to come and try out our new site assistant, Amy."Amy", is a play on acronyms used to describe our new site assistant, "AIMI - Artificial Intelligence for Machines Italia" This new assistant can help you find Italian manufacturing companies within the various 16 machinery sector directories on the…
An Accenture study suggests that by 2030, Italian companies could boost their added value by about €50 billion ($54.30 billion) through the widespread use of generative AI. This was presented at a meeting of the Leonardo Committee, a group promoting the "Made in Italy" brand, unrelated to the Leonardo defense and aerospace group. An additional €30 billion ($32.47 billion) in added value could be…
From May 18-25 2024, Missouri Governor Mike Parson and First Lady Teresa Parson will travel to Italy for an international Trade Mission.According to a release from Parson, Italy is a top source of foreign direct investment and a key trade partner for Missouri, with more than $169M in exports in 2023.Consistent with Gov. Parson’s infrastructure and economic development priorities, the goal of the…
New York's Governor Kathy Hochul announced that manufacturing company IMA Life North America will build a $30 million, 80,000-square-foot facility in Tonawanda to increase its production of freeze-drying equipment for the pharmaceutical industry. IMA Life's equipment is shipped all over the world and its customers include pharmaceutical giants such as Pfizer and Moderna.IMA Life North America is…
In 2024, the United States government continues to offer incentives to encourage businesses to invest in new machinery. These incentives aim to boost manufacturing competitiveness, create jobs, and support domestic manufacturing and clean energy production. Here are some notable ones:Qualifying Advanced Energy Project Investment Tax Credit (the 48C Credit):This credit applies to facilities…
Manufacturing continues to rebound coming out of the pandemic and is poised for rapid growth thanks to technical innovations, improved supplier relationships and workforce advances. Italian machine builders are leading the charge to enable manufacturing partners throughout North America to ramp up output and meet increasingly stringent customer demands in terms of quality, timing, technology,…
The Italian Trade Agency, in collaboration with UCIMU-SISTEMI PER PRODURRE, will be hosting a cruise of the Chicago River and Lake Michigan during the IMTS 2024 show here in Chicago. When: Week of September 9-14, 2024 - Date to be determinedLive music and Catering will be provided.Dress code: Business CasualQuestions? Please contact the Italian Trade Agency Chicago at +1(312) 670-4360 or by…
Flame Spray North America, a thermal spray coatings manufacturer, today announced it is expanding its operations in Laurens County South Carolina. The company’s $2.5 million investment will create 40 new jobs.Part of Flame Spray S.p.A., Flame Spray North America offers a complete portfolio of thermal spray coating and heat treatment services. The company’s only North American facility, located at…
Quotient Sciences, a drug development and manufacturing accelerator, and MG2 Srl, other automated machinery, recently announced a strategic agreement. The partnership includes the purchase and installation of a FlexaLAB development facility in Garnet Valley, Pennsylvania. The new machine can reach a speed of up to 3,000 capsules per hour, and is designed for R&D with different dosing units to…
Headquartered in Brazil, tile manufacturer Portobello America Inc. recently took receipt of 630 tons of machinery from Imola, Italy-based SACMI Group for a new production plant in Baxter, Tennessee. From dough preparation to presses and ovens, SACMI—a global supplier for the ceramics, closures, preforms and containers, food and beverage, packaging, metals and advanced materials industries and…