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In The Fourth Quarter 2022 Machine Tool Orders Kept Growing (+3.5%) Domestic Orders (+5.4%); Foreign Orders (+2.4%)

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In the fourth quarter of 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE marked a 3.5% increase compared with the period October-December 2021. The absolute value of the index stood at 133.6 (base year 2015=100). This is the new record value for the quarter of reference. The outcome was due to the good trend of orders collected abroad, as well as to the excellent results achieved in the domestic market. In particular, the orders collected overseas grew by 2.4% compared with the same period of the

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

UCIMU Index Q1 2022: A Slight Decrease In Machine Tool Orders (-3%) Domestic Orders -15.9%; Foreign Orders +5%

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In the first quarter 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE marked a slight decrease (-3%) compared with the period January-March 2021. The absolute value of the index stood at 164 (base year 100 in 2015). The outcome was due to the reduction in the collection of orders in the domestic market, which was partially counterbalanced by an increase in overseas orders. In particular, on the foreign front, the collected orders grew by 5.3% compared with the same period of the previous year. The absolute

Lamiera 2022 Will Take Place One Week Earlier At FieraMilano Rho May 18 - 21, 2022

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LAMIERA 2022, the international exhibition dedicated to the industry of sheet-metal forming machine tools and innovative technologies related to the sector, will take place one week earlier: the event is thus scheduled at fieramilano Rho from 18 to 21 May 2022. The exhibition has been moved up due to a necessary reorganisation in the calendar of the trade fairs held at fieramilano, as a consequence of the public health conditions that have imposed a postponement of all events scheduled for the first quarter of the current year. Events taking place in the months of May and June, which had not

Q4 2021: Machine Tool Orders Grow Again (+49.4%) It Is A Record Even On A Yearly Basis (+70.1%)

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Barbara Colombo, president of UCIMU: “The collection of machine tool orders is satisfactory, but affected by the delays in the supplies of raw materials and components and by the exorbitant increase of costs”. “We ask the Government to move, from April to June 2022, the delivery terms of machines ordered by the end of 2021, to ensure our customers the benefits established in the incentive measures regarding Industry 4.0” In the fourth quarter 2021, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE showed a 49.4%

UCIMU: An Excellent 2021 for the Italian Industry Of Machine Tools, Robotics And Automation. A Strong Growth Also In 2022, With Full Recovery of The Ground Lost During The Pandemic

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The year 2021 was extremely positive for the Italian industry of machine tools, robotics and automation, which reported double-digit increases for all key economic indicators. This trend should continue even in 2022, the year when all the ground lost in 2020 should be recovered. This is in short what was illustrated by Barbara Colombo, president of UCIMU-SISTEMI PER PRODURRE, the Italian machine tools, robots and automation systems manufacturers' association, during the traditional end-of-year press conference. As highlighted by the preliminary year’s data processed by the Studies Dept. &

State of the Industry Report 2021: Italian Textile Machinery Rebound in Q2 2021

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The index of orders intake for Italian textile machinery, as processed by ACIMIT, the Association of Italian textile machinery manufacturers, for the period ranging from April-June 2021, was up 214% compared to the same 2020 period. The value of the index was attested at 150.7 points (basis: 2015 = 100), a result that was no doubt influenced by the comparison with a quarter, from April-June 2020, in which orders were obviously at a minimum, due to the Covid-19 pandemic. An analysis of the index of orders intake for the first six months of 2021 confirms a clearly positive business dynamic for

2021 GIMAV Assembly: 2020 Industry Data Presented Along With 2021 Forecasts. Board Of Arbitrators And Sole Auditor Elected.

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INDUSTRY PERFORMANCE IN 2020 Production fell 16.6% due to a drop in exports (-14.9%) and in domestic sales (-20.7%). This is how the pandemic negatively affected the performance of Italy’s Industry of Manufacturers of Glass Processing Machinery and Technologies that closed 2020 with overall sales of 2,027 million Euro. Imports also fell (-11.1%), causing the domestic market to shrink (-17.2%). There was an overall drop in trade (-14.2%) as well as in the trade balance (-16.1%) which, however, remained very positive at nearly 1,080 million Euro. If 2020 was the year of global economic crisis

Lamborghini Unveils $1.8 Billion Plan to Electrify Its Supercars

Italian supercar maker Lamborghini has outlined a sweeping $1.8 billion plan to slash its vehicles’ emissions in coming years — including its first-ever all-electric vehicle. Stephan Winkelmann, the brand’s CEO, told Bloomberg that the initiative — the most expensive in company history — will cut those emissions in half by 2025, one year after the company’s deadline to introduce a plug-in hybrid version of each of its models. The brand’s first fully battery-powered car, meanwhile, is set to be rolled out in the second half of the decade. Numerous makers of supercars are already producing

State of the Industry Report 2021: First Quarter Machine Tools Orders Grow +48.6%

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In the first quarter of 2021, the orders of machine tools collected by Italian manufacturers started to grow again. In particular, the UCIMU index processed by the Economic Studies Department & Business Culture of the Association showed a 48.6% upturn in the first three months of the year compared with the same period of 2020. The absolute value of the index was 169 (base 100 in 2015). The overall outcome was mainly due to the excellent performance of manufacturers on the domestic market. Indeed, on the internal market , Italian manufacturers registered a 157.9% increase in the collected