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Riello UPS, a division of the Riello Elettronica Group specializing in electronics, networking and IP telephony technologies, announced in February the opening of its first branch office in the United States. The Riello UPS headquarters in the U.S. will be located in West Chester, near Cincinnati, Ohio. The facility will have a total floor area of as much as 10,000 square feet and will house the…
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Irving Shipbuilding, one of North America's leading shipyards, based in Halifax, NS, has begun recruiting workers-skilled technicians and engineers-abroad and has done so starting in Genoa, Italy. Last May 8, it started its recruitment road trip in the Ligurian capital, which will then continue to Spain and Poland. The increased workforce, along with a $360 million investment in shipbuilding…
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The Canadian federal government has created a $54 million fund to support research and innovation in the country's aerospace sector and in particular to foster the development of technologies, materials, systems and components for the next generation of aircraft. The fund will be managed by a consortium of 15 companies and research institutions in the country, headed by Bombardier Inc. The…
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Stanpac Inc, a Canadian ice cream package and glass container printing company, has announced a $45.6 million (Euro 34 million) investment to increase capacity at its Smithville, Ontario, plant by adding as many as four new fully automated production lines and new digital technologies. The investment will enable Stanpac to serve the growing demand for printing services coming primarily from the U…
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Injection molding mold maker of automotive components (interior, exterior, and optical systems), Integrity Tool & Mold Inc. based in Oldcastle, near Windsor, Ontario, the beating heart of the North American automotive industry, has announced a $22.8 million investment to acquire new technology and expand its 24,000-square-foot production superfice. The investment is expected to generate 52…
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The Canadian division of the German Schaeffler Group, which specializes in bearing construction, has started a project to expand its manufacturing plant in Stratford, Ontario, which would be worth more than $13 million (10 million euros). The investment will enable Schaeffler Canada to add two new assembly lines, purchase advanced equipment and machinery, and increase the facility's level of…
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BIAT, the Innovation and High Technology Exchange, was held March 2 to 3 at the Le Ciminiere Congress Center in Catania. The event, now in its third edition, brings together foreign investors, companies, accelerators, incubators and research and development centers, on the one hand, and start-ups, innovative projects and Italian technological excellence from southern regions, on the other.…
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The Guides "USA Practical Guide to Investment - Frequently Asked Questions" and "USA Tax Guide" are part of a two-volume mini series born out of the collaboration between the ICE-Agency Office in Chicago with Assocomaplast - the National Association of Manufacturers of Machinery and Molds for Plastics and Rubber - with the aim of presenting the U.S. legal and tax system to Italian companies in a…
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ICE-Agency Chicago and UCIMU-SISTEMI PER PRODURRE, just concluded a "fact finding" tour to Ohio and Alabama in March. The exploratory mission aimed to learn the peculiarities of two dynamic economies, from a manufacturing industry perspective, in the United States and to identify best practices and business opportunities for Italian manufacturers of metalworking machinery and technology. The…
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Last May 17-20, Macchine, Lamiera, a biennial exhibition dedicated to systems and equipment for processing sheet metal, pipes, profiles, wires and metal carpentry, as well as molds, welding technologies, heat treatments , surface treatment and finishing, was held in the Fiera Milano Rho hub. The Milan debut of the event, which again this year was enriched by the usual program of seminars,…