Italy's Losma SpA, US-subsidiary Losma Inc. which has been operational since 1992 in the US, inaugurated the opening of its new office in Sparta, New Jersey on June 22, 2012. In attendance was the Italian Trade Commission's Executive Director, Aniello Musella.
The new location covers over 80,000 sq. ft. (7,500 sq. meters) of which 16,000 sq. ft. (1,500 sq. meters) will not only host offices,…
Italy's TRIA SpA has just finalized setting up a new branch here in the US. The US company’s name will be TRIA AMERICA LLC, with offices based in Charlotte, North Carolina. The new company is to grow TRIA's market share in the US and to expand its market activity into sectors such as packaging, building, automotive, etc. The US branch is the third for the company that has already…
Azimut Yachts, with a boat making factory at Avigliana, in the province of Turin, is Italy's premiere builder of yachts and megayachts, some of which total 30 meters (70 feet) in length.
Founded in 1969, Azimut Yachts was originally a boat chartering service run by a young university student, Paolo Vitelli, with a passion for sailing. In 1970, the fledgling firm was doing so well that prestigious…
The company, a Milan-based innovation think-tank that specializes in the production of components for ultra-high vacuum and gas purification applications for industrial customers invests at least 10% of its revenues in research and innovation annually, a practice it says saved the company.
In 2009, SAES Getters recorded its worst sales in the 70 year history of the company, $164 million. It…
Though not the flashiest Italian car manufacturer, automotive firm Fiat has long been a staple of the country's industrial sector, providing vehicles to a wider mass market than its local brethren: —the Ferraris, Maseratis and Lamborghinis that cater only to the elite.
As such, the firm's research and development center, with a main base in Orbassano, Turin, is constantly thinking up ways to…
For Italian textile machinery, 2012 begins with greater stability than the previous year. In fact, in the first quarter of the year, orders are up by a modest 2% compared to the last three months of 2011. According to joint surveys conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the overall orders index for the January- March 2012 period shows an increase of 2%…
Nothing but pasta could possibly be more representative of Italian sumptuousness than Ferrari, the sexy luxury race car brand that made its debut in 1947 with the 125S, produced in Maranello, Italy, and bearing the Ferrari trademark. Maranello, near the city of Modena, has been Ferrari’s home from the firm’s inception, and the main museum dedicated to the firm’s famous fast cars, as well as…
Plastic may not be the most beloved of materials to the more environmentally minded, but Plast 2012, a Milan, Italy-based show held last week, aimed to mold a different opinion of the material in people's minds.
"Plastic is a huge and innovating world," said Mario Maggiani, director at Assocomaplast, the association of Italian plastics and rubber machinery producers. Those innovations include…
Cavanna Packaging USA entered the U.S. through a sales office in Oradell, N.J. but moved to Duluth, Georgia last November to open a plant making machines that produce wrappers for cookies, crackers, granola bars and other products. The Duluth headquarters employs 11 and has 21,000 feet including factory floor and office space, according to Barbara Headrick, accounting manager for the U.S.…
With austerity abounding in Europe, two large trade fair companies have decided to combine their resources by partnering to create a new technical event to debut in May of 2014 that will showcase hydraulics, pneumatics and mechanical power transmissions and drive technology. An AssoFluid Association spokesman at the announcement adds,"that this sector needs an international platform and this…