Presentation on IPACK-IMA 2015, May 19-23, 2015, Milan, Italy
Conducted on November 4, 2014 during the Pack Expo International Show in Chicago, USA.
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Italy's INglass Srl recently broke ground on its first facility in the US, which will be located in Byron Center, Michigan. INglass Srl, an Italian maker of molds for the plastics industry is investing $17.6 million in the West Michigan project and plans to employ 109 people over the next four years. Facility highlights The 45,000-square-foot facility, located at 920 74th St. SW in Byron…
For the second quarter of 2014, the textile machinery orders index elaborated by the research department at ACIMIT (the Association of Italian Textile Machinery Manufacturers), recorded a 6% increase compared to the previous quarter, for an absolute value of 86 points (basis: 2010=100). (See Graph)
This growth in orders came entirely from the foreign markets, for which an increase of 8% was…
Recovery in exports, which gained momentum particularly in the last quarter of 2013, with a last minute surge in December, allowed the Italian manufacturers to compensate for the lasting weakness in the domestic market which can be seen in Exhibit 1. The very slight decline in demand from abroad, which represents over 65% of total production, kept revenue losses within 2.5% with respect to 2012…
In Italy’s leading segments for instrumental mechanics industry, the graphic and paper machinery industry looks optimistic in correlation to the increasingly aggressive international competition and stagnant domestic market.
Revenues from exports and export-generated is growing despite balancing the delayed difficulties in the domestic market which in turn is keeping the employment levels stable…
During a recent exclusive interview with Dr. Giorgio Colombo, President of Italy's ASSOCOMAPLAST, the national association for plastics and rubber processing machinery and mold manufacturers' association, he shared his thoughts and insights on the industry's transitional period experienced in 2013, current and future challenges faced by manufacturers and a clear outlook for 2014.
President, do…
Italy's ACIMIT, the Association of Italian Textile Machinery Manufacturers, has realized the "Sustainable Technologies" project. It is an effort to promote growth within the textile industry with a focus on new production models and efficient processes from an energy standpoint. Reducing the industry's environmental impact, the Italian textile machinery sector is working to provide technology…
KIIAN USA, Inc. officially opened for business on 27th September 2013 at a formal event to mark the launch of the digital textile and signage ink production and expansion of the Kiian digital business in the Americas. This exciting development was part of a strategic programme to internationally expand KIIAN's ink business.
The establishment of a regional HQ in one of the most important of all…
During the second quarter of 2013, new orders for textile machinery, as elaborated by ACIMIT’s economics and press department, showed signs of growth compared to the same period for 2012 (+12%). The absolute index stood at 92.2 points (basis 2010=100).
These figures are the result of a growing rate of new orders abroad (+14%), and a stable domestic market (-1%). Compared to the previous economic…
Italy's Fiam Utensili Pneumatici SpA recently announced a strategic partnership with Cleveland Ohio-based ASG, naming ASG as the exclusive master distributor for Fiam in North America integrating its brand-name line of industrial air tools into the ASG product offering.
"Fiam is excited about the opportunity to partner with ASG in this ambitious growth project to become one of the top three…