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Italian Machinery Still Online In Korea After 25 Years!

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A service call in Korea, found an Italian plate roller still in use by its Korean customer and still performing as it did its first day of service 25 years ago, without ever having had any single major failures, for sure it was built in the proper way - an Italian way! That clearly was the case during a technical service performed by DAVI engineer at POSCO, the Korean steel mill giant. The plate roll is a DAVI four roll with a capacity 10 ft x 4” 1/4. The machine got an upgrade of the control system, with the advanced DAVI iRoll, with the possibility of remote programming and performance

Italian Plastic & Rubber Machinery State of the Industry Report 2014: NAFTA Sales Up 20%!

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December 18th, 20914 (Milan, Italy): Assocomaplast (the Italian trade association, belonging to CONFINDUSTRIA, which groups to-gether some 170 machinery manufacturers) has compared ISTAT foreign trade data for January-September of the current year with data for the same period in 2013 and confirms further growth in both imports and exports. Exports rose by over 4% while purchases from abroad grew by over 7%. This has also led to a consolidation (+3%) of an already strong balance of trade. However, we must underscore that the positive trend in exports, traditional driver for Italian

Italy's Italian Trade Agency and US Department of Commerce's SelectUSA Sign Memorandum

FOR IMMEDIATE RELEASE Chicago USA & Rome, Italy November 5, 2014 Italian Trade Agency and SelectUSA aim to promote business cooperation and investment between the United States and Italy. The Italian Trade Agency ("ICE-Agenzia") and The SelectUSA Initiative ("SelectUSA") are pleased to announce the signing of a Memorandum of Intent ("MOI") on November 5, 2014 in Rome, Italy, with the common purposes of increasing cooperation between the United States and Italy to stimulate the economic development and the flow of private capital of both countries and desiring to strengthen the cooperation

Italian Textile Machinery: State of the Industry Report 2014: Foreign Orders Continue Upward!

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For the third quarter of 2014, orders for Italian textile machinery manufacturers grew compared to the previous quarter. Economic data from industry surveys conducted by ACIMIT, representing the textile machinery sector, indicate a 4% increase. The value of the orders index for the period from July to September came in at 89.8 points (basis 2010=100). However, this rise in orders is limited to foreign markets, where for the period taken into consideration an increase of 9% was reported, and the index measured a value of 99.4 points. On the other hand, the domestic market remains stagnant

START PLAST: Innovation and Budding Enterprises to Relaunch Italian Industry

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START PLAST has the objective of providing a seedbed for new projects in a venue where all the players necessary for launching a startup can be found and a very positive message can be sent out: it is still possible to do business in Italy. “Given the way the recession is dragging on and the serious difficulties that continue to plague all of Italian business, including the plastics and rubber industry,” stated Mario Maggiani, Managing Director of the organizer, Promaplast Srl, “we feel it is our duty to find a way to facilitate young entrepreneurs and the companies that represent our future

Italian Textile Machinery State of the Industry Report Second Quarter 2014: Foreign Orders Are Up!

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For the second quarter of 2014, the textile machinery orders index elaborated by the research department at ACIMIT (the Association of Italian Textile Machinery Manufacturers), recorded a 6% increase compared to the previous quarter, for an absolute value of 86 points (basis: 2010=100). (See Graph) This growth in orders came entirely from the foreign markets, for which an increase of 8% was recorded for the period from April to June, with the industry index of 92.1 points. For its part, the domestic market showed a decline in order intake for the second quarter (-9% over the previous quarter)

Italian Plastic Machinery: State of the Industry Report 2013

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Recovery in exports, which gained momentum particularly in the last quarter of 2013, with a last minute surge in December, allowed the Italian manufacturers to compensate for the lasting weakness in the domestic market which can be seen in Exhibit 1. The very slight decline in demand from abroad, which represents over 65% of total production, kept revenue losses within 2.5% with respect to 2012 and further improved an already very positive balance of trade. In terms of revenues and exports in 2013, Assocomaplast member companies performed better than the average for the sector, with a positive

Italian Printing, Graphic, and Converting Machinery: State of the Industry Report 2013

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In Italy’s leading segments for instrumental mechanics industry, the graphic and paper machinery industry looks optimistic in correlation to the increasingly aggressive international competition and stagnant domestic market. Revenues from exports and export-generated is growing despite balancing the delayed difficulties in the domestic market which in turn is keeping the employment levels stable. This in sum comes from the market survey conducted by the research department of Acimga – the Italian Manufacturers Association of Machinery for the Graphic, Converting and Paper Industry – with

Italian Plastic Machinery: State of the Industry Report 2013

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ASSOCOMAPLAST, tthe Italian trade association belonging to CONFINDUSTRIA, which groups together some 165 makers of machinery, moulds and equipment for plastics and rubber, has produced its 2013 full-year forecast for the industry on the basis of foreign trade data for the first nine months of the year provided by ISTAT, Italy's National Institute of Statistics. The slight dip in exports (-2.8% with respect to January-September 2012) could be recovered in the fourth quarter thanks to the expected economic recovery, early signals of which have been noted recently by the CONFINDUSTRIA Research

Italian Print/Convert Machinery: State of the Industry Report 2013

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The performance of the Italian industry of printing and converting machinery shows overall stability. This was revealed by the quarterly qualitative survey carried out by ACIMGA, the Confindustria association of companies operating in the industry. The analysis registered members’ sentiment in the third quarter of 2013 and outlines forecasts for the year’s end. On the domestic revenues front 50% of companies sampled for the survey stated that the quarter under analysis closed off with a generally stable performance, in line with the expectations produced by the previous quarterly study. The