The United States has imposed a new 35% tariff on most Canadian imports, effective immediately, after President Trump signed an executive order citing concerns over drug trafficking and Canada's retaliatory trade actions.While goods that qualify under the Canada–U.S.–Mexico Agreement (CUSMA) may be exempt, the full list of affected products is not yet clear. The move adds a new layer of…

According to new data from Statistics Canada, Canadian manufacturing sales experienced a decline in March, dropping 1.4% to a total of $71.9 billion. The decrease was primarily driven by weaker performance in the primary metals and petroleum and coal product industries.Sales within the primary metal sector slid by 6.5% to $5.9 billion, while petroleum and coal product sales decreased 4.2%,…

Xometry, a global leader in AI-powered manufacturing solutions, has teamed up with the Italian Trade Agency (ITA) to enhance the visibility of Italian manufacturers in North America. The partnership leverages Xometry's extensive Thomasnet platform to promote Italian companies with prominent operations in the U.S. and Canada.The collaboration has led to the creation of the "Machines Italia"…

Canada’s growing electric vehicle (EV) manufacturing sector faces serious challenges due to U.S. tariffs. The industry, which is still in its early stages, could be significantly impacted by the 25% tariff on Canadian goods. This disruption threatens not only the EV sector but also the broader North American auto industry, which relies on interconnected supply chains across Canada, the U.S., and…

The Italy AgTech Roadshow 2024 proudly presented 15 distinguished manufacturers of agricultural machinery and equipment from Italy. This event spanned across Ontario (Bradford, St. Catharines, Niagara-on-the-Lake, Niagara Falls, Kitchener, Waterloo, Woodstock) and Quebec (Montreal, St-Thomas de Joliette, Saint-Hyacinthe, Granby, Saint-Martine, Ormstown, St-Michel) offering these innovators a…

The U.S. Delegation to Milan, Italy attending 34.BI-MU 2024 is a unique opportunity for U.S. operators to gain first-hand contacts with Italian manufacturers within the manufacturing industry of metal cutting and metal forming machine tools, robots, automation systems, digital and additive manufacturing, and auxiliary and enabling technologies to engage, and/or forge partnerships for their…

'After COVID-19 customers have higher expectations regarding sustainability. The pandemic has taught us that having production closer to the place where the goods are sold is important. The common requests, on all types of machines relate to digitalization and industry 4.0, as well as sustainability, traceability, and circular economy," reports Maria Vittoria Brustia, President of ASSOMAC, the…

In the first quarter 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE marked a slight decrease (-3%) compared with the period January-March 2021. The absolute value of the index stood at 164 (base year 100 in 2015). The outcome was due to the reduction in the collection of orders in the domestic market, which…

Barbara Colombo, president of UCIMU: “The collection of machine tool orders is satisfactory, but affected by the delays in the supplies of raw materials and components and by the exorbitant increase of costs”. “We ask the Government to move, from April to June 2022, the delivery terms of machines ordered by the end of 2021, to ensure our customers the benefits established in the incentive…

The Italian Trade Commission - ITA and GIMAV, the Association of Italian manufacturers and suppliers of machinery, equipment and special products for glass processing, organized a delegation of foreign buyers to VITRUM 2021 that was held in Milano, Italy, from October 5 to 8, 2021.  70 delegates, from over 20 countries participated in the event with all the travel expenses covered by ITA and…