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State of the Industry Report 2021: In 2021, the Italian Machine Tool Manufacturing Industry Registers a Strong Recovery of all Economic Indicators

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Sesto San Giovanni, 12 July 2021. In 2020, the Italian manufacturing industry of machine tools, robots and automation systems reported a considerable fall of all main economic indicators. Nonetheless, it was able to maintain the positions gained in the international rankings of the sector, where it confirmed its fourth place among manufacturing countries and among exporting countries and its fifth place in the ranking of consumer countries, as a testimony to the importance of the Italian market in the international scenario. The year 2021 is showing a completely different trend, confirming the

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

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

EMO MILANO 2021: January 22, 2021 Press Conference for the Taiwanese Public

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26 January 2021 On Friday, 22 January, a Press Conference for the Taiwanese public was held to present EMO MILANO 2021, the world exhibition of reference for the metalworking machine tool manufacturing industry, scheduled to take place at fieramilano in October 2021. The speakers of the meeting, which was web-streamed, were Mr Luigi Galdabini, General Commissioner of EMO MILANO 2021, Mr Tommy Hsu, President of TAMI, Taiwan Association of Machinery Industry, and Mr Paolo Quattrocchi, Executive Director at ICE-Italian Trade Agency, Taipei. The conference involved more than 50 participants –

State of the Industry Report 2020: UCIMU: On an annual basis, machine tool orders dropped by 18.6% in 2020 versus 2019

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Cinisello Balsamo, 21 January 2021 The overall outcome is affected by the negative performance of the domestic market, as well as by the weakness of foreign demand. In particular, the collection of orders on the domestic market registered a 28% downturn compared with the fourth quarter of 2019. The absolute value of the index was 123.9, thus still very high despite the reduction. On the foreign front, orders decreased by 14% compared with the period October-December 2019. The absolute value of the index was 78.7. On an annual basis, the total index marked an 18.6% fall compared with the

UCIMU Annual Member Meeting: After a slight decrease in 2019 2020 marks a collapse of investments But already in 2021 a recovery is expected

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Sesto San Giovanni, 1st October 2020. In 2019, the Italian machine tool manufacturing industry ranked fourth among manufacturing countries and fourth also among exporting countries, overtaken by China that stole its historical third place. On the contrary, its fifth position in the ranking of consumer countries remained unchanged, as a confirmation of the importance of the Italian market in the international scenario. After a 2019 that was certainly not positive, the year 2020 marked a collapse of investments in machine tools, in Italy and abroad, but a consumption recovery is expected already

UCIMU: Machine Tool Orders Fell in Second Quarter of 2020

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As expected, there was again a decrease in the index of the orders collected by the Italian machine tool manufacturers in the second quarter of 2020. In particular, according to the data processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE, in the period April-June, the index registered a 39.1% downturn compared with the same period of 2019. The outcome was due both to the reduction in the orders collected by Italian manufacturers on the domestic market (-44.7%) and to the fall reported on the foreign market (-37.8%). This is the actual figure

All About Baking @ AB Tech 2020

With over 200,000 visitors, 129,000 sqm of floor space and 1,250 exhibitors, AB TECH EXPO is a fastly growing international trade show for technology and materials for the bakery, pastry and confectionery industries. The 3rd edition of the event was held in Rimini, Italy, from January 18 to 23, 2020. The Italian Trade Commission (ITA) and Rimini Fiera invited 50 buyers from 13 countries, including Israel, UAE, South Korea, Japan, Romania, China, Hungary, Qatar, India, Uzbekistan, Finland and others, to attend AB TECH EXPO 2020. Machines Italia sponsored 13 US and Canadian delegates, end users

Abrupt Downturn In The Orders Of Machine Tools In The First Quarter 2020

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Massimo Carboniero, President of UCIMU: “Our factories are safe places and have reduced labor intensity. Therefore, we should have a green light to resume our production activities right away”. “Health and safety come first, but we should get used to living with Coronavirus, while at the same time guaranteeing work, employment, and production”. There has been a strong fall of the index regarding the orders collected by Italian machine tool manufacturers in the first quarter of 2020, in which an 11% decrease was registered in comparison with the same period of the previous year. This is

News Sources on COVID-19’s impact on United States of America’s (USA) manufacturers

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As the current situation regarding COVID-19’s impact on the United States of America’s (USA) manufacturers rapidly changes, the Italian Trade Agency Chicago Office has included a number of what are considered trusted sources providing a wealth of updated information about the virus’s impact on the USA manufacturing economy. Of these sources, IBIS World, Manufacturers Alliance for Productivity and Innovation and National Association of Manufacturers have recently published surveys on the current impact the virus has and will have on manufacturers. IBIS World’s March 24, 2020 survey on the