The federal government has recently announced over $21 million in new investments to support nine Manitoba-based manufacturers through Prairies Economic Development Canada (PrairiesCan). The funding is intended to boost productivity, expand operations, and improve global competitiveness.Key recipients include:ICON Technologies (Winkler) – $5M to expand RV component manufacturing.PhiBer…
About 20 Lombardy companies in auto parts, industrial paints, and aerospace are exploring investments in Mexico City, Querétaro, and Guanajuato, despite concerns over Donald Trump's tariffs, according to Lorenzo Vianello, president of the Italian Chamber of Commerce in Mexico (CCIM). Italian firms have invested over $7.73 billion in Mexico in the past 18 years, including $3.3 billion in new…
Italian companies have made significant investments in the U.S. recently, totaling close to half a billion dollars. Let’s take a closer look at some of these notable ventures:AlpitronicOne of the world’s most respected electric vehicle (EV) charger brands, Alpitronic, has celebrated the opening of its U.S. headquarters in Charlotte. This move is part of Alpitronic’s strategy to expand across…
In the fourth quarter of 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE marked a 3.5% increase compared with the period October-December 2021. The absolute value of the index stood at 133.6 (base year 2015=100). This is the new record value for the quarter of reference.
The outcome was due to…
This morning, a preview of the 22nd edition of LAMIERA was presented to the international press. The international exhibition for sheet metal processing and sheet metal forming machines and related technologies is scheduled to take place at fieramilano Rho from 10 to 13 May 2023.
After the “unusual” edition, which was held in 2022, due to the one-year postponement caused by the public…
Founded by Casabella Arturo Fernandez and located in Mexico City, Mexico, Solutecs has been representing Italian companies and technology for the food processing, beverage and baking industry for more than 30 years. Solutecs boasts a team of 14 well-trained experienced technicians and provides turnkey sales and after-sales assistance including installation, maintenance and spare parts…
The European Union, and its members, have launched an unprecedented action to address the difficulties and hardships resulting from the Pandemic. This action is known as the European Union Recovery Instrument (EURI) also known as Next Generation EU, and is worth €750 billion (half in the form of grants, the other half, as low interest loans).
The Italian Recovery and Resilience Plan (RRP)…
The year 2021 was extremely positive for the Italian industry of machine tools, robotics and automation, which reported double-digit increases for all key economic indicators. This trend should continue even in 2022, the year when all the ground lost in 2020 should be recovered.
This is in short what was illustrated by Barbara Colombo, president of UCIMU-SISTEMI PER PRODURRE, the Italian…
Sesto San Giovanni, 12 July 2021. In 2020, the Italian manufacturing industry of machine tools, robots and automation systems reported a considerable fall of all main economic indicators. Nonetheless, it was able to maintain the positions gained in the international rankings of the sector, where it confirmed its fourth place among manufacturing countries and among exporting countries and its…
2,500 companies, over 160 thousand employees and more than Euro 100 billion in total revenues. These are some of the key figures of the Italian automotive industry which ranks 6th in Europe and 19th in the world for production, and 4th in Europe and 9th in the world for sales. 65% of motor vehicles manufactured in Italy are sold abroad. The automotive industry has played and continues to…