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…

Less than six months before the debut of the second edition of RobotHeart, the most important players in the robotics industry have already confirmed that they will exhibit in the halls of 34.BI-MU, at fieramilano Rho from 9 to 12 October 2024.ABB, ABL AUTOMAZIONE, ALTO ROBOTICS, APPLYCA, ARROWELD, AUTOMAZIONI INDUSTRIALI, BAHR MODULTECHNIK, CIA AUTOMATION AND ROBOTICS, COMAU, DCM, THE HUMAN…

In the first quarter 2024, the index of machine tool orders, elaborated by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE, highlighted an 18.9% downturn over the period January-March 2023. The absolute value of the index was 77.9 (base year 2021=100).The negative outcome was due to the reduction in the orders received by Italian manufacturers, both in…

Nestlé, the multinational food and beverage company, has announced its intention to invest a substantial $472 million in the construction of a new pet food manufacturing facility in Italy. This significant investment underscores Nestlé's commitment to expanding its presence in the pet food market and meeting the growing demand for high-quality pet nutrition products.The new facility, expected to…

Omnia Packaging, a prominent Canadian sustainable packaging company, has joined forces with Friendlier, a leading reuse company in Canada, to introduce a groundbreaking 16-ounce reusable coffee cup. This collaboration addresses the pressing issue of single-use coffee cup waste in Canada, where approximately 1.5 billion cups are discarded annually. The Friendlier coffee cup allows consumers to…

Italian coffee powerhouse Lavazza has made a significant stride in the coffee industry with its recent agreement to acquire an Italian vending machine operator. This strategic move underscores Lavazza's commitment to extending its presence in the vending sector, catering to the evolving needs of coffee lovers worldwide.The acquisition signals Lavazza's recognition of the growing demand for…

Exciting News Alert - Italy in Canada! We're thrilled to announce the opening of GRAF Industries Inc. in North America! "Our targets for this commercial operation are high," says Gianfranco Ferranti, Chief Executive Officer of GRAF Synergy. "This ambition is part of our DNA shared with all the companies of the GRAF INDUSTRIES group. We always aim higher and raise the bar when we see the…

MAPEI Canada, a global leader in manufacturing adhesives, sealants, and chemical products for the construction industry, is excited to announce its successful acquisition of Diaplas. Diaplas, based in Laval, Quebec, specializes in manufacturing profiles and trims for floors and walls, establishing itself as a key local player in the complementary tile accessories market since 1989.This strategic…