Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the USA, Canada and Mexico, seven large industrial projects, including Tier 1 and Tier 2 automotive ones, will be completed at the World Trade Center Industrial Park in San Luis Potosí. “Despite the economic crisis due to the COVID-19 pandemic, T-MEC gave a boost to the Mexican economy and in particular to…

Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the U.S., Canada and Mexico, seven major industrial projects, including Tier 1 and Tier 2 automotive projects, will be completed at the World Trade Center Industrial Park in San Luis Potosi. "Despite the economic crisis due to the COVID-19 pandemic, the T-MEC gave a boost to the Mexican economy and in…

 It's difficult to imagine an Italian town or city without a skyline of turreted church towers or an hourly clamour of bells pealing and chiming in the air. With the Vatican nestled in the heart of the country, the large bronze instruments have made Christianity literally resonate throughout Italy for centuries But just as the multitudes called to daily mass by the belfry tolling have all…

 The Italian Trade Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers attended Innovate Textile & Apparel virtual trade show which took place last October 15 to 30,  as  promoter and organizer of the Italian Digital Pavilion for  “made in Italy” textile machinery.  The Italian Digital Pavilion at Innovate Textile & Apparel 2020…

Revenue generated by packaging machinery manufacturers sees further 9.4% growth to 7.85 billion euros. The strong growth both in Italy and in international markets confirms the Italian industry’s world leadership position.The Italian packaging machinery industry has confirmed its position as one of the most dynamic Italian manufacturing sectors. Ranked first in terms of share of total capital…

According to data collected by the research department of UCIMA, the packaging machinery industry, one of the most dynamic Italian manufacturing sectors, recorded a solid 8.9% growth in 2017, with a turnover exceeding €7 billion (€7.19 billion). Export sales totaled €5.7 billion in 2017 (79.1% of the total production), 7.5% up from 2016. The sector continues to stand out for its strong…

Reshoring allows companies to take advantage of tax incentives, employ skilled workers and innovate while protecting their intellectual property. For some, the ability to operate facilities using inexpensive natural gas now makes U.S. locations far more cost-effective than ones abroad where electricity and coal are considerably more expensive. Eliminating import duties and reducing transportation…