Estimates from FEDERUNACOMA and Comacomp indicate turnover increases of more than 20% for 70% of manufacturers in 2021. Positive indicators also for the first half of 2022, and good future prospects due to electronic technologies, which are becoming increasingly important in the sector and are pushing agricultural mechanics towards the digital transition by the editorial staff…
The European Union, and its members, have launched an unprecedented action to address the difficulties and hardships resulting from the Pandemic. This action is known as the European Union Recovery Instrument (EURI) also known as Next Generation EU, and is worth €750 billion (half in the form of grants, the other half, as low interest loans).
The Italian Recovery and Resilience Plan (RRP)…
According to the preliminary figures published by the MECS - UCIMA Research Centre, the sector is returning to growth. Approximately 7 months of production is guaranteed in 2022. The Italian packaging machinery manufacturers have once again passed the €8 billion mark. According to the preliminary figures compiled by the MECS - UCIMA (Italian Packaging Machinery Manufacturers'…
A subsidiary of Italy-based Sirmax Group said its new plastics recycling facility in Anderson is now operational.
SER North America said it plans to bring total employment at the $30 million plant to 40 by the end of the year. Plans for the 124,000-square-foot facility were first announced in July 2019. The company said it has already hired 25 employees with the goal of adding 15 more by the end…
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…
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…
Lavazza North America, part of global Italian coffee company Lavazza Group, begins construction of the first roasting and packing plant in the United States. The new plant is slated to open in October 2021 and will serve the US market. The plant is an expansion of the Lavazza Professional facility in West Chester, Pennsylvania, which will integrate existing and new capabilities for…
According to data from the INEGI (National Institute of Statistics and Geography), the manufacturing industry proved to be the most resilient and dynamic sector of Mexico’s economy. Though still below pre-pandemic levels, the monthly indicator of industrial activity has been steadily growing for the past 10 months now. The manufacturing sector grew, in March 2021 (last available data…
2,500 companies, over 160 thousand employees and more than Euro 100 billion in total revenues. These are some of the key figures of the Italian automotive industry which ranks 6th in Europe and 19th in the world for production, and 4th in Europe and 9th in the world for sales. 65% of motor vehicles manufactured in Italy are sold abroad. The automotive industry has played and continues to…
Covid-19 has affected everyone and did not spare the manufacturing industry. Surprisingly, however, many companies have adapted to these changing circumstances realizing that evolution is and always has been the only constant in their line of business.
Mexico, with a territorial extension of more than 1.9 million km2, is the fourteenth largest country, and is strategically positioned as a gateway…