RUPES USA, Inc, the U.S. subsidiary of the Italian company Rupes SpA founded in 1947, is opening a new facility in Solon to support growing demand for its professional polishing systems. The $15 million investment will create 53 new technical, engineering, manufacturing, logistics and customer service jobs. The new facility will strengthen production capacity, distribution and training, improving…
Farm Credit Canada (FCC) recently announced a $2 billion strategic investment plan, to be implemented by 2030, with the goal of accelerating the development and adoption of innovative technologies in the agriculture and food sectors. The initiative aims to promote advanced agtech solutions designed to improve the productivity, operational efficiency and environmental sustainability of Canada's…
Italian confectionery giant Ferrero Group has announced a major expansion of its Brantford, Ontario production facility, committing $445 million to significantly grow its operations in Canada. The investment will support the creation of 500 new jobs, bolstering Ferrero’s position as the largest private employer in the city.The project marks a significant milestone for Ferrero, as it includes the…
Italian company Microtex Composites is opening its first U.S. operations in Chattanooga, Tennessee, investing $3.8M and creating 26 jobs. This new prepreg manufacturing facility signifies the company’s commitment to innovation and quality, catering to U.S. customers in automotive and aerospace markets. President Federico Becagli emphasized using advanced technologies and employing skilled staff…
Serioplast, an international leader in rigid plastic packaging based in Seriate, Italy, will invest $25.7 million in Shenandoah County, Virginia. The company plans to repurpose a 140,000-square-foot industrial facility, creating 45 new jobs. Serioplast serves major brands like Procter & Gamble and Unilever and operates 33 production facilities across 16 countries. Its commitment to…
According to the Secretary of Economic Development of Oaxaca, this Corridor integrates four maritime ports, as well as 1,000 km of railroads, which also include the development of multimodal transportation.Its main competitive advantages are organized in two: logistic and industrial.1.- Logistic: includes the part of maritime, land, and rail operations for the transfer of operations,2. -…
PRINOTH Increases Production Area in Quebec
PRINOTH, an Italian multinational company, will invest $25 million to expand its plant in Granby, Quebec, in eastern Canada . The expansion will enable PRINOTH to strengthen production of tracked snowplow vehicles and snowmaking technology. The production area will increase from the current 120,000 sq. ft. to a total of 200,000 sq. ft. and a…
As part of Promexico's Mexico-European Union competitiveness and innovation program (PROCEI), the European Community will invest 20 million pesos in Mexico to train 25 Mexican SMEs to obtain AS9100 aeronautical certification this year.
Through the Aeronautical Testing and Technology Laboratory (Labta), SMEs in areas such as metal mechanics, electrical systems and even companies dedicated to…