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.
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Covid-19 has affected everyone and did not spare the manufacturing industry. Surprisingly, however, many companies have adapted to these changing circumstances realizing that evolution is and always has been the only constant in their line of business.
Mexico, with a territorial extension of more than 1.9 million km2, is the fourteenth largest country, and is strategically positioned as a gateway…
Covid-19 has affected the whole world and it did not spare the manufacturing industry. However, surprisingly, many companies have adapted to these changing circumstances by understanding that evolution is and always has been the only constant in their line of business.
Mexico, with a land mass of over 1.9 million km2, is the fourteenth largest country in size, and is strategically positioned as a…
Machines Italia in partnership with SME, conducted its “Post Covid-19 Survey” amongst 350+ USMCA companies in diverse industries asking them how they plan to do things differently in the Post Covid-19 manufacturing ecosystem.
The following is one take away from the survey’s findings: “Respondents indicated that Sales is the most important during the recovery, post-COVID-19. Respondents from…
The figures for July-September 2020 clearly reflect what’s happening in this key segment of the Italian mechanical engineering industry. In general, the orders of machinery and tools for wood and furniture are recording a decreasing trend below expectations, which indicates a partial improvement of the economic situation compared to the previous quarters, strongly impacted by…
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47% for the period April-June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy. A 44% decrease in orders was recorded in foreign markets, whereas the domestic market showed a 62% drop compared to the second quarter of the previous year. ACIMIT President…
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…
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 index for textile machinery drawn up by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from October to December 2019, showed an 8% drop compared to the same period for 2018. The index value stood at 92.9 points (basis: 2015=100).
Orders compiled by Italian machinery manufacturers were in negative figures both abroad and on domestic markets in Italy…
Even in the last quarter 2019, the collection of machine tool orders highlighted a negative sign. In particular, in the fourth quarter 2019, the UCIMU index of machine tool orders registered a 16% downturn compared with the same period of the previous year. The absolute value of the index was 105.5 (base 100 in 2015). The overall outcome was affected both by the negative performance of the…