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Mexico bets on circular economy

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La industria del plástico reorienta su desarrollo con acciones de sustentabilidad, adoptando modelos de economía circular, cuyo objetivo es que el valor de los productos, los materiales y recursos se mantengan en la economía durante el mayor tiempo posible, reduciendo al mínimo los residuos. De acuerdo con el Estudio Cuantitativo de la Industria del Reciclaje de Plásticos en México, elaborado por la ANIPAC, los principales materiales reciclados en el país son: polietileno (51.2 por ciento); polipropileno (18.2 por ciento); PET (22.1 por ciento); PVC (2.1 por ciento); y poliestireno (1.8 por

European Union ambassadors highlight advantages for investments in Tamaulipas

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The potential in energy, natural gas, agriculture, manufacturing and other sectors that Tamaulipas offers, is part of the reasons why the state will host in 2023 the annual meeting of ambassadors of the European Union (EU) in Mexico, to be held in late June, announced Gautier Mignot, EU ambassador in the country. Together, the Secretary of Economic Development, Ninfa Cantú Deándar, and the Governor, Américo Villarreal Anaya, highlighted objectives for the upcoming meeting, such as the signing of agreements and contracts, as well as the attraction of new investments. "There are many issues that

Machines Italia: Opportunity for consideration to be featured in the "Machines Italia Magazine" 2023 Spring/Summer (Vol. XV), entitled “Transforming how we work, one machine at a time” - Deadline for sending materials is March 28 2023!

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Dear Italian Subsidiaries in North America, We would like to bring to your attention the opportunity to be part of the next edition of our magazine “Machines Italia” which is a complementary opportunity for your company to gain additional exposure within the North American marketplace. For context, you may review previous editions of the magazine at www.old.machinesitalia.org/magzine The following provides all indications and suggestions on the magazine and how your company can possibly be featured. The Chicago Office of the Italian Trade Agency, with a specific selection procedure entrusted

Italian food producer sees the pasta-bilities, plans to open production facility in London, Ont.

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'Italian food producer sees the pasta-bilities in Canada' London’s food production scene continues to grow, with Italian food processor Andriani S.p.A. announcing that it is opening its first-ever North American allergen and gluten-free pasta production facility in London, Ontario. We are excited to build our first North American manufacturing facility in London, Ontario, Canada,” said Michele Di Paolo, CEO, operations, Andriani S.p.A. “London has all the right ingredients, supportive city, talent, access to raw materials and a great location to access many different markets.” London’s food

Enel boosts Ontario battery storage operations, sees more growth

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Enel boosts Ontario battery storage operations, sees more growth Enel North America, the subsidiary of Italian energy giant Enel Group, nearly doubled its Ontario energy storage capacity in 2022, and plans to add more as part of a multi-billion-dollar North American expansion. The company aims to develop approximately five gigawatts (GW) of new utility-scale renewable and battery energy storage capacity through 2025. According to Matt Barnes, director of business development at Enel, Ontario is entering an unprecedented era of energy growth. Ontario’s power generation demands are expected to

SMW AUTOBLOK Opens Office In Canada

SMW‑AUTOBLOK, a global operating group in the workholding industry, expands operations into Canada. The 75 year old company is based in Capri, close to Torino, in Northern Italy, and has facilities and offices in many countries Including North America: two in the USA and one in Mexico. The Canadian operation will provide support to its automotive customers in Ontario and other customers in other industries in the rest of the country. Source: SMW Autoblok

The OCMIS Acquired By The US Fund Carlyle

After half a century of history, OCMIS, the Modena-based company that produces irrigation systems enters an international fund with an endowment of 6.4 billion euros. Global investment firm Carlyle today announced an agreement to acquire a majority stake in Ocmis Group, a leading manufacturer of advanced irrigation systems for the agricultural sector, with historical shareholders, including the Montorsi family and management team. Founded in 1970 and based in Castelvetro di Modena, Ocmis designs, manufactures and sells a complete range of technologically advanced solutions for sprinkler

Brembo: USA-Mexico-Canada Sales +49.8%

The Italian company Brembo - present in Mexico with production plants in Puebla, Apodaca and Escobedo - closed the first half of the year with a net profit of 148.9 million euros, 17.3% higher compared to the same period last year. Revenues amounted to €1.75 billion, an increase of 28.3% compared to the first half of 2021. Earnings before interest, taxes, depreciation and amortization (Ebitda) amounted to 305.3 million, a net increase of 13% compared to 270.2 million in H1 2021. The level of orders for the coming months "confirms a solid and good saturation of production capacity globally

Mexico: Magneti Marelli Inaugurates Its Fourth Plant

​With an investment of more than 17 million dollars, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico. These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs. During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new Magneti Marelli plant in Ramos Arizpe, dedicated to the production of components for the automotive industry consolidates the attraction of investment and economic development opportunities in the State. Humberto Lopes, general manager of the plant, indicated

Ternium Invests $1,000 Million Dollars To Expand Its Industrial Center In Nuevo Leon

In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest $1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metal and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector. This was confirmed by Máximo Vedoya, CEO of the steel company, who stated that the company is in the final stage of launching a new expansion initiative to increase all its production capacities, which will include a second hot rolling mill, a third galvanizing