Nice S.p.a., an Italian manufacturer of smart home, security and building automation solutions, Tuesday announced the acquisition of Nortek Security & Control from Melrose Industries. The deal is valued at US$285 million and is Nice’s largest investment to date.
Nice is based in Italy, with global operations including the U.S. and Canada. The acquisition is expected to significantly expand…
Lauro Dominici has taken over the helm of SCM Group Canada as Vice President of sales for the wood division following the retirement of woodworking industry veteran Richard Bluteau on Nov. 1.
Dominici joined SCM in Canada earlier this year following two years with SCM in Portland, Oregon and Atlanta, Georgia. Dominici brings some 14 years of industry experience to the job.
Born and…
The European Union, and its members, have launched an unprecedented action to address the difficulties and hardships resulting from the Pandemic. This action is known as the European Union Recovery Instrument (EURI) also known as Next Generation EU, and is worth €750 billion (half in the form of grants, the other half, as low interest loans).
The Italian Recovery and Resilience Plan (RRP)…
According to the preliminary figures published by the MECS - UCIMA Research Centre, the sector is returning to growth. Approximately 7 months of production is guaranteed in 2022. The Italian packaging machinery manufacturers have once again passed the €8 billion mark. According to the preliminary figures compiled by the MECS - UCIMA (Italian Packaging Machinery Manufacturers'…
BIAT - Innovation and High Technology Lab, funded under the Cohesion Action Plan of Italy’s Economic Development Ministry, is an initiative designed to support Southern Italian startups to find partners and investors abroad. The event is organised by the Italian Trade Commission - ITA in collaboration with key Regional Governments: Abruzzo, Molise, Sardinia, Basilicata, Campania, Calabria,…
BIAT - the Innovation and High Technology Exchange, financed by the Ministry of Economic Development (MISE) to comply with the European Commission's National Operational Plan for Enterprise and Competitiveness 2014-2020 (European Regional Development Fund - ERDF)., is an initiative that aims to support startups from Southern Italy in their search for partners and investors abroad. The event is…
ICE Agency - ITA and GIMAV, the association grouping Italian manufacturers and suppliers of machinery, accessories, equipment and special products for glass processing, organized a delegation of foreign buyers to VITRUM 2021 held in Milan, Italy, October 5-8, 2021. 70 delegates, from more than 20 countries participated in ITA - GIMAV's business mission.
Among the North American delegates, invited…
The Italian Trade Commission - ITA and GIMAV, the Association of Italian manufacturers and suppliers of machinery, equipment and special products for glass processing, organized a delegation of foreign buyers to VITRUM 2021 that was held in Milano, Italy, from October 5 to 8, 2021. 70 delegates, from over 20 countries participated in the event with all the travel expenses covered by ITA and…
On November 30th 2021, Machines Italia and the Italian Trade Commission, together with media partner Plumbing & HVAC Magazine, hosted a web conference to launch MCE - Mostra Convegno Expocomfort 2022 in North America.
MCE - Mostra Convegno Expocomfort 2022 is one of the world's largest trade events for industrial, commercial plumbing and water treatment solutions, HVAC,…
BIAT - Innovation and High Technology Lab, funded under the Cohesion Action Plan of Italy’s Economic Development Ministry, is an initiative designed to support Southern Italian startups to find partners and investors abroad. The event is organised by the Italian Trade Commission - ITA in collaboration with key Regional Governments: Abruzzo, Molise, Sardinia, Basilicata, Campania, Calabria,…