In an era defined by unprecedented global connectivity and rapid technological advancement, the manufacturing sector continues to serve as a catalyst for economic growth and innovation. Against this backdrop, the narratives featured in this edition of the newsletter are related to Italian companies’ strategic expansion in North America and their need to forge new collaborations when trying to unlock new opportunities abroad. I invite you to join me in unraveling the underlying motivations and imperatives driving these ventures forward. Or, in other words, why are Italian companies expanding

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

​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

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

With an investment of more than US$17 million, 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 plant 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 that it is expected that within two years

Labrenta, a company from Breganze, in the province of Vicenza, specialized in closure solutions for the wine and spirits sector, closes 2021 with a total turnover of €20 million, doubling the previous year's result. The company's growth is linked to Labrenta's success in the American and European markets, especially Mexico, United Kingdom, Central Europe and +128% of sales recorded in the United States. The company's Mexican headquarters - inaugurated in 2020 with an investment of half a million euros that included the acquisition of the company Tapones Cabrera - is located in Zapopan, in the

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 metalworking 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

In a meeting held on Wednesday 1 December with the Governor of the Mexican State of Yucatan, Mauricio Vila Dosal, and the Minister of Economy, Tatiana Clouthier, executives of the Italy's Fincantieri presented the project for the construction of the largest shipyard on the American continent in the port of Progreso — located 36 km north of Mérida — as well as the benefits of this investment for the local population. The Italian company presented the details of the work plan, which once concluded will promote the economic development of the State. The expansion of the activities of the naval

​Gruppo Fanti, a metal packaging manufacturing company headquartered in Bologna, Italy, will open its first U.S.-based plant in Weirton, planning to invest $30 million into the Brooke County (Weirton, West Virginia) operation. The new manufacturing facility will produce metal packaging containers with state-of-the art equipment, creating an initial 40 new full-time jobs. This investment is not only the first production facility in the United States for the parent entity Gruppo Fanti, but also the largest expansion project in the company’s 77-year history. Renovations are anticipated to be

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 and life sciences industries, says the facility will support the expansion and production of its EZ-Fill solutions. Construction on the plant is expected to begin later this year. Stevanato Group says