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…
Machines Italia and the Italian Trade Commission - ITA Toronto participated in Collision 2021 virtual summit that took place from June 21-24, 2021 with a small contingent of Italian startups: Video Systems Srl, Deliverart Srl, Ermes Cyber Security Srl, Telecom & Security Srl, RIC3D Srl, Look Lateral Inc.
Billed as the “Olympics of tech,” Collision is one of the fastest growing and…
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…
The Italian company, Alfagomma Group, has started its operations at the Torreón, Coahuila plant. With an investment of 15 million dollars, the company arrives in La Laguna expecting to generate an estimated 250 jobs, a figure that could reach 500 in the second stage of the factory’s expansion.
Alfagomma Group produces hoses for different sectors such as food, construction, agriculture,…
The Advanced Manufacturing Outlook is a survey that measures Industry 4.0 engagement amongst manufacturing business owners and senior executives in Canada.
For the second consecutive year, research firm R.K. Insights in Toronto conducted the survey through June and July form Canadian Manufacturing and PLANT magazines, in partnership with Machines Italia (The Italian Trade Commission…
Due to the spread of the novel coronavirus or COVID-19, the outlook for 2020 set out at the beginning of the year is now moot. An exogenous shock is hitting the USA and the global economy as a whole to an unknown extent. What is special about the new economic crisis is that there have been simultaneous supply and demand shocks which have commanded not only a reduction in jobs, output, and…
For over 60 years, BI-MU has been synonymous with excellence in the metalworking industry worldwide. The next edition of BIMU – the biennial trade show dedicated to machine tools, robots, automation, digital manufacturing, auxiliary and enabling technologies trade show – will take place at Fiera Milano Rho, in Milano, Italy, from October 14th to 17th, 2020.
Over one thousand exhibitors – 47%…