Italian cable giant Prysmian is investing $500 million to expand its McKinney, Texas, operations with a 650,000-square-foot medium-voltage cable facility, creating 120 jobs and boosting U.S. energy infrastructure. The plant, expected to open in 2027, will enhance capacity to meet growing electricity demand. Prysmian acquired local firm Encore Wire for $4.1 billion in 2024. Since its founding in…
To support its manufacturing sector and shield local jobs from external trade pressures, the Government of Ontario has announced an expanded investment of $1.3 billion over three years into its Ontario Made Manufacturing Investment Tax Credit. The enhanced program aims to reduce costs for companies investing in buildings, machinery, and equipment for use in Ontario-based manufacturing or…
Dear Readers,As we reach mid-2025, global trade evolves in an increasingly uncertain landscape, because of tariffs negotiations and ongoing armed conflicts. The Italy-North America partnership on manufacturing, which mobilizes several interlinking supply chains, is being tested but appears resilient, thanks to the common trust in trade, entrepreneurship, innovation and collaboration. This issue…
At the G7 Summit in Kananaskis, Alberta, on June 17, 2025, Prime Ministers Mark Carney and Giorgia Meloni reaffirmed the growing strategic partnership between Canada and Italy. Their discussions emphasized shared priorities in global security, innovation, and economic resilience—with clear implications for the manufacturing and industrial sectors.The two leaders reviewed progress under the Canada…
DeAMS, an aerospace and automation company based in Campania, Italy, has taken a major step in its international expansion with the signing of a five-year agreement with Bombardier. Announced during the Aeromart Montreal trade show in March 2025, the agreement includes a $1 million project to design and build automated, PLC-controlled lifting platforms at Bombardier’s Dorval, Quebec facility.…
The Canadian Manufacturing Technology Show (CMTS), taking place at the Toronto Congress Centre from September 30 to October 3, 2025 (cmts.ca), is Canada’s premier manufacturing event, attracting over 14,000 industry leaders, innovators, and decision-makers from across North America.Machines Italia Canada will be present at booth #2611 and will also host a featured Tech Theatre session, showcasing…
All 15 Sectors, One Voice: National Campaign Underway to Promote Italian Technology in CanadaToronto, Canada – June 3, 2025Machines Italia Canada is proud to announce the launch of a national marketing campaign in partnership with Acorn30, a Canadian agency specializing in industrial marketing. This initiative aims to promote Italian machinery and advanced technology across all 15 industry…
Farm Credit Canada (FCC) has unveiled plans to invest $2 billion by 2030 aimed at accelerating technological innovation within the agriculture and food industries. This strategic funding initiative focuses on advancing agtech solutions that enhance productivity, operational efficiency, and environmental sustainability across the sector.The capital will be channeled through FCC’s investment…
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…
Raimondi S.p.A., an Italian leader in professional tile installation tools, has acquired its longtime U.S. distributor, Donnelly Distribution Inc., completing the deal at the end of 2024. As of January 1, 2025, the new entity, Raimondi USA Corp., is fully operational and headquartered in Sussex, Wisconsin. The acquisition includes all staff and infrastructure, ensuring seamless service continuity…