The Italian Trade Commission - Canada and US network in partnership with ANIMA, the confederation of associations representing Italy’s mechanical industry, organized a delegation to MCE Expocomfort which took place in Milan, Italy from March 8 to 11, 2022.
MCE is one of the world’s largest conferences and trade shows for industrial and commercial HVAC, plumbing, refrigeration, renewable energy…
SMW‑AUTOBLOK, a global operating group in the workholding industry, expands operations into Canada.
The 75 year old company is based in Capri, close to Torino, in Northern Italy, and has facilities and offices in many countries Including North America: two in the USA and one in Mexico. The Canadian operation will provide support to its automotive customers in Ontario and other customers in…
The Italian company Brembo - present in Mexico with production plants in Puebla, Apodaca and Escobedo - closed the first half of the year with a net profit of 148.9 million euros, 17.3% higher compared to the same period last year. Revenues amounted to €1.75 billion, an increase of 28.3% compared to the first half of 2021.
Earnings before interest, taxes, depreciation and amortization (…
Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner.
During…
At the end of 2021, Mexico was positioned as the fourth largest auto parts manufacturer in the world, according to information from the National Auto Parts Industry (INA). Our country invoiced more than 94 million dollars in parts.
Fourth largest auto parts manufacturer worldwide during 2021, according to the National Auto Parts Industry (INA). During this period, Mexico invoiced 94.778 billion…
Plastimagen Mexico 2022 was inaugurated with the presence of industry representatives from 23 countries. The exhibition is the largest trade fair in Latin America, the first event of the sector worldwide and is among the five most important in the world. Plastimagen 2022 has more than 480 companies from 23 countries and 1,000 brands, with 34,000 square meters and 679 tons of machinery on display…
Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC).
Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate.
The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers…
EXPOMAQ which will be held from June 22th to 24th, 2022 at the Polifórum Leónfair ground in Guanajuato is one of Mexico’s most prominent trade shows for machine tools, automation and manufacturing technology.
The organisers expect more than 10,000 industry professionals to attend the event which boasts 280 exhibitors, 18,000sm of floor space and 1,000 international brands from around the…
The Italian Trade Commission - ITA Canada and US network in partnership with ANIMA, the confederation of associations representing Italy’s mechanical industry, is organizing a delegation to MCE Expocomfort which will take place in Milan, Italy from March 8 to 11, 2022.
MCE is one of the world’s largest conferences and trade shows for industrial and commercial HVAC, plumbing, refrigeration…
Nice S.p.a., an Italian manufacturer of smart home, security and building automation solutions, Tuesday announced the acquisition of Nortek Security & Control from Melrose Industries. The deal is valued at US$285 million and is Nice’s largest investment to date.
Nice is based in Italy, with global operations including the U.S. and Canada. The acquisition is expected to significantly expand…