mid-2025, the North American manufacturing landscape is evolving rapidly. Despite uncertainties in trade-critical areas such as trade policies and security, significant opportunities are emerging in the United States, Canada and Mexico; new investments look particularly dynamic for advanced technologies and energy transition. Italian industrial machinery manufacturers, known for innovation and adaptability, are well positioned to operate in this context.
In the United States of America (U.S.), state governments are directing their policies toward targeted sectoral incentives, which often support advanced manufacturing. Customized tools such as tax credits, bond issues and grants are attracting investments in automation, semiconductors, environmental technologies, biotechnology and quantum computing, areas where Italian expertise, especially in sustainable solutions, can make a difference; here are some prominent examples.
Colorado's Industrial Tax Credit and Quantum Fund
West Virginia's Five for Ten program
Clean Energy Center of Massachusetts
These initiatives are in addition to established programs in California, Arizona, New York, and Texas. On the other hand, despite the growth promised by reshoring and circular production models, challenges related to tariffs, rising costs, and labor shortages persist.
In Canada, strategic investments are strengthening the manufacturing sector. The Farm Credit Canada plan, which can count on 2 billion Canadian dollars (cad), opens new prospects for Italian suppliers of packaging and food processing machinery as well as complete industrial systems.
In addition, the province of Ontario has expanded the Ontario Made Manufacturing Investment Tax Credit program, increasing the credit from 10 percent to 15 percent and extending access to companies not controlled by Canadian citizens. The program, worth 1.3 billion cad, supports investments in real estate, machinery and equipment for manufacturing in Ontario.
At the June 2025 G7 summit in Kananaskis, Prime Ministers Giorgia Meloni and Mark Carney reaffirmed the strategic partnership between Canada and Italy, focusing on artificial intelligence, critical minerals, clean energy and defense. A new Energy Dialogue will intensify collaboration on hydrogen, renewable energy and cutting-edge industrial solutions. High-level missions will be dedicated to energy, infrastructure and advanced manufacturing. It is therefore reasonable to expect positive spillovers from these developments, for businesses in both countries.
Mexico remains a crucial market for Made in Italy with exports worth more than 6.6 billion euros in 2024, about 40 percent of which will be in machinery. Expansion and modernization of production capacity, exports to Canada and the US, nearshoring and infrastructure projects planned by the government are among the main drivers of demand. Of particular note is the expansion of sustainable. green" technological solutions to reduce industrial costs by increasing energy efficiency and lowering raw material consumption, and to improve the environmental sustainability of production chains.
During Minister Antonio Tajani's mission to Mexico City, the Italy-Mexico Business Forum highlighted numerous opportunities in the automotive, industrial mechanics and environmental technologies sectors, areas where demand for Italian innovation is growing due to its quality and reliability. A network of solid trade agreements reinforces Mexico's role as a gateway to North America.
Machines Italia confirms its commitment to support Italian companies in seizing these and other opportunities through tailored services and strategic insights. We invite you to the webinar "Machines Italia North America: market landscape, promotion and success stories" to be held on July 16, 2025 at 3 p.m. (EDT), for an in-depth analysis of the markets and tools available to you. Follow us on social media and via www.machinesitalia.org to learn more.
We also invite you to read company updates in this issue of the newsletter, explore website features and content, and use the services of our offices. Whether you are looking for information, contacts or partnerships, Machines Italia is by your side.
As my term as Head of ICE Offices in Canada draws to a close, having also contributed to Machines Italia from the Chicago office since 2017, I thank all those who have believed in the program and helped renew, focus and promote it. It has been professionally enriching to work within a dynamic and collaborative partnership with companies, Associations and ICE colleagues. I remain confident that Machines Italia will help improve both the perception and operational results of Italian industrial machinery manufacturers present in North America.
Sincerely yours,
Head of ICE Offices in Canada
