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The year 2015 will not be remembered as a season of records, but for the Italian woodworking technology industry the past twelve months were undoubtedly better than expected. The trends based on the positive figures of the preliminary balance published by the association in mid-December (for convenience, see the table in the left column of this press release) will probably be revised upwards…
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Machines Italia will participate in the 2015 Ontario Export Awards (http://www.ontarioexportawards.com) as an official sponsor of the event. The event aims to identify and honor Ontario manufacturing companies that have distinguished themselves in their business efforts toward foreign markets and internationalization. The event is sponsored by the Canadian Manufacturers and Exporters, (www.cme…
In the last quarter of 2015, Italian textile machinery manufacturers received a boost from their export markets, but in domestic markets, positive order trends received a setback. As per an Association of Italian Textile Machinery Manufacturers (ACIMIT) press release, the orders index for textile machinery grew during the fourth quarter of 2015, mainly due to a boost in exports. …
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Advanced technologies conference organized by MIT. Cambridge, MA, November 2 - 4, 2015 Machines Italia USA at ICE- Agency Chicago Office has formed a partnership with the Massachusetts Institute of Technology - MIT (www.mit.edu) and its press organ, MIT Technology Review for the University's periodical, involving participation in the 15th edition of the EmTech conference(https://www.cvent.com:443…
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Durante la fiera WMS 2015, Woodworking Machinery Show, che si terrà dal 5 al 7 novembre 2015 presso l’International Centre di Mississauga, ON, saranno estratti a sorte i vincitori della quinta edizione del concorso “WIN A TRIP TO XYLEXPO”, organizzato da ACIMALL e Machines Italia Canada www.old.machinesitalia.org in collaborazione con la rivista industriale Wood Industry. Il concorso aperto a…
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Mexican glass industry giant Vitro is preparing to invest $85 million (€76 million) to build a new glass fusing furnace and expand its flat glass panel production lines to meet growing demand from the automotive and construction sectors. The new furnace will go into production in 2017.
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British Columbia Finance Minister Mike de Jong announced last June an agreement with the Pacific NorthWest LNG consortium to build a natural gas liquefaction and export terminal in Prince Rupert, a town located on the province's northwest coast. The investment is valued at $36 billion and at full capacity is expected to employ 4,500 people and bring $9 billion in revenue to the province's coffers…
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The legalization of cannabis has opened up new business opportunities. In California alone, legal cannabis sales exceeded $1 billion last year ($1.1 billion to be precise), according to a recent CBS News study. Currently, with the legalization of cannabis for medicinal purposes in 23 states and the District of Columbia, entrepreneurs and companies are sniffing out business. Such is the case, for…
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Total Canadian imports of machinery and technology referring to the 15 sectors covered by the Machines Italia project, increased by 14.7% in the first six months of 2015 compared to the same period of the previous year. Italy closed the first half of 2015 with an extremely positive result from the point of view of Canadian imports of capital goods, registering an increase of 21 percent (from €116…
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According to the latest report from the Manufacturers' Alliance for Productivity and Innovation (MAPI), there will be a significant acceleration in the growth experienced by the U.S. manufacturing sector in 2016. Last June, MAPI released an update of its quarterly economic forecast, where it shows that real U.S. GDP is expected to expand by 2.5 percent in 2015 and 4.0 percent in 2016. "A number…