Canadian headquartered automotive holding Magna International Inc has signed a deal to buy Italy’s OLSA S.p.A. The transaction is valued at $354 million (230 million euros).
OLSA, based in Turin, Italy, employs about 2,500 people and has manufacturing operations in Italy, Poland, Brazil, China, and Mexico.
Its customers include the Volkswagen Group, the BMW Group, Daimler, and FCA.
The deal,…
TransCanada Corporation has conditionally awarded Pacific Atlantic Pipeline Construction Ltd, a Calgary-based Canadian company that is part of Italian engineering and construction firm Bonatti Group, a construction contract for a portion of the Coastal Gaslink Project, pending a positive investment decision by the partners of LNG Canada for the construction of a natural gas liquefaction facility…
According to data collected by the research department of UCIMA, the packaging machinery industry, one of the most dynamic Italian manufacturing sectors, recorded a solid 8.9% growth in 2017, with a turnover exceeding €7 billion (€7.19 billion). Export sales totaled €5.7 billion in 2017 (79.1% of the total production), 7.5% up from 2016.
The sector continues to stand out for its strong…
Expo Pack Mexico, the main Mexican trade fair for packaging materials and technologies, took place from June 5 to 8, 2018 at the Expo Santa Fe Exhibition Center in Mexico City.
The event registered over 25,000 visitors and approximately 1,000 exhibitors on 193,000 square feet of floor space.
The growing international relevance of the show was attested by the numerous country-specific pavilions…
FABTECH, Mexico’s leading metal forming, fabricating, welding, and finishing event was held in Mexico City, from May 2 to 4, 2018, at the Centro Banamex.
The ITA office in Mexico City and Machines Italia organized a “Punto ITALIA” desk at the event to provide information and assistance to local visitors,connecting them with Italian exhibitors and delegates.
The presence of Machines Italia served…
SIMAC-TANNING TECH 2018, the annual international trade show for footwear, leather goods, and tanning industries, took place at the Rho-Fiera Milano exhibition center, in Milan, from 20 to 22 February, 2018. 180,000 square feet and 300 exhibitors, from all over the world, showcasing the latest and most advanced technology and processing machinery made the 2018 edition of the show a great…
1,503 exhibitors, 68,802 visitors, 62,000 square metres of floor space. These were the extremely encouraging figures of the last edition of IPACK-IMA, Italy's largest packaging technology trade show, which took place at the Fiera Milano Rho fairground, (Milano), from May 29 to June 1, 2018.
Noteworthy were the data regarding international attendees: a total of 18,577 foreign visitors from…
"We have never seen so much automation and so many advanced systems in any other exhibition around the world!" This was a recurring statement in the aisles of Xylexpo 2018 – the biennial international exhibition of woodworking technology and furniture industry supplies – that was held at Fiera Milano-Rho in Milan, Italy, last May 8th to 12th.
As always, the show did not disappoint attendant…
State of the Industry Report 2018: Italian Wood-Furniture Technology: New Elements To Be Considered…
The climate of recent times, characterized by a consistent improvement of all indicators, could not last forever. So, here we are, packing up for the summer break, with some hints and reflections… starting from the first trend emerging in the second quarter of this year, namely the widespread slowdown of orders. The traditional quarterly survey by Acimall, the Confindustria member…
The Parma area is arguably the unofficial capital of the Italian food and food technology industry and home to world leading food companies, such as Barilla, Parmalat, and CIM and to EFSA - European Food Safety Authority. Every 2 years Parma hosts CIBUS TEC, the leading Italian trade show for food processing equipment.
Globally Parma is known for the dairy and meat processing…