Within the next few months, Italy's MTA SpA's US subsidiary, MTA USA Corp. plans to relocate its current 5,000 square-foot office to a 30,000 square-foot facility in Schaumburg (Illinois). The expansion will add manufacturing and assembly operations, as well as an estimated five new jobs. According to Jim Feltman, vice president of development with the Schaumburg Center for Economic...
ASSOCOMAPLAST, the Italian Plastics and Rubber Processing Machinery and Moulds Manufacturers Association, will be exhibiting at the upcoming PLAST-EX Show, taking place in Toronto, from June 21 to 23 - Booth 2425. Founded in 1960, ASSOCOMAPLAST represents and promotes 170 leading Italian plastics and rubber machinery, ancillary equipment and moulds manufacturers. ASSOCOMAPLAST organizes PLAST...
Antonio Marcegaglia, the chief executive of Italian Marcegaglia predicted that hot rolled coil (HRC) price should climb up by €20-€30/ton. He analyzed that this was mainly because Japan has been recovering from the disaster and China has been developing its housing plan. Also, the prices of tubes and other final steel products would hopefully outpace an expected increase in raw material...
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Comer Group SpA, a world leader in the design and manufacture of highly engineered power transmission systems, has acquired Tecnostile, which manufactures wheel-drive gearboxes for forklifts and materials handling and other battery-operated equipment. "Tecnostile fits very well with our strategy of being a supplier of special products dedicated to OEMs in mobile equipment," says Stefano Mion,...
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Pavan launches a new production line for special pasta products - “Oriental Style Noodles” - for producing flat noodles based on soft wheat or other cereals. The innovative point of Pavan solution is the entire automation of all processing stages: the traditional manual noodle making process has been automatised maintaining the sensorial characteristics of the handmade product. The...
According to the company's posting on ppr.com, in August 2011, together Gucci and Italy - Padua based Safilo Group, which is the second-largest manufacturer of eyewear products worldwide, will introduce four models made using an innovative acetate which, compared to traditional acetate used for optical frames, contains a much higher percentage of material from natural origins. This acetate...
ACIMIT Domestic and Foreign Market Orders 2010-2011
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During the first quarter of 2011, Italy’s textile machinery sector continued on its positive trend started the previous year. The orders index for the period ranging from January to March reached 164.6 points, marking a 12% growth rate over the previous quarter, and a rise of 42% over the same 2010 quarter period. Orders are on the rise both for the domestic market (with an index of 143.9...
Table 1: New Privately-Owned Seasonally Adjusted Housing Units Started 2001-2012f
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The market for construction and industrial machinery, is a cyclical business, which is shown below in the chart portraying a composite of earthmoving equipment sales in North America. Our composite covers 14 different products including tracked dozers, excavators, motor graders, skid steel loaders, and wheel loaders to name a few of the products and we are showing a 10-year period with five years...
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“We are very excited about establishing our North American production facility in South Carolina. Laurens County provided us with an excellent production facility and has the skilled workforce to suit our needs. Flame Spray would like to thank everyone at the South Carolina Department of Commerce and the Laurens County Development Corporation for all their hard work and assistance in...
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The company’s American subsidiary, Turbocoating Corp. USA, opened in North Carolina and plans to create 53 jobs and invest $15 million in the next three years. The company will occupy 60,000 square feet at Cataway Industrial Commons in the town of Hickory.  City and county leaders gathered Friday next door at the North Carolina Center for Engineering Technologies for the announcement...

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