Machines Italia, in cooperation with the Industrial Association of Brescia (AIB), will be hosting an Automotive Industry event in Brescia, Italy from February 9 to 11, 2016. Selected Canadian and US buyers will be invited to the gathering to meet with 250 top Italian suppliers of technology, parts, components, equipment and R&D and engineering services. The travel expenses are covered by…

North American auto industry leaders say the top three benefits of investing in new plant equipment are a higher quality product (26 percent); increased throughput (23 percent); and lower overall operating costs (20 percent). And of those companies that use Italian-made industrial machinery, most say the biggest benefit they derive from it is help in meeting strategic and operational goals. These…

Within the next few months, Italy's MTA SpA's US subsidiary, MTA USA Corp. plans to relocate its current 5,000 square-foot office to a 30,000 square-foot facility in Schaumburg (Illinois). The expansion will add manufacturing and assembly operations, as well as an estimated five new jobs. According to Jim Feltman, vice president of development with the Schaumburg Center for Economic…

Italy produces approximately 50% of the machinery used to produce footwear and leather goods around the world and 80% of tanning machinery globally, according to Assomac, an association that represents Italian manufacturers of machines for footwear, leather and tannery industries. Many of the manufacturers are small, with the entire industry employing approximately 6,200 people in Italy. There…