In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest $1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metal and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector. This was confirmed by Máximo Vedoya, CEO of the steel company, who stated that the company is in the final stage of launching a new expansion initiative to increase all its production capacities, which will include a second hot rolling mill, a third galvanizing

A center for industrial innovation in design and digital manufacturing for the Bajío aerospace sector (CIIA) was inaugurated on Tuesday in Aguascalientes, Mexico, to boost aeronautics companies in that country. The project involves the Government of the State of Aguascalientes, private companies and the Instituto Tecnológico de Aguascalientes on behalf of the academic sector. The new center joins the five already existing in Mexico to attract investments from private companies that will enable the strategic development of the aerospace sector, which already has a solid presence in states such

Plastimagen Mexico 2022 was inaugurated with the presence of industry representatives from 23 countries. The exhibition is the largest trade fair in Latin America, the first event of the sector worldwide and is among the five most important in the world. Plastimagen 2022 has more than 480 companies from 23 countries and 1,000 brands, with 34,000 square meters and 679 tons of machinery on display. Plastimagen has 13 international pavilions with the presence of 23 countries: Italy, Germany, Austria, Brazil, Canada, Colombia, Costa Rica, Czechoslovakia, China, Denmark, Spain, United States

ICE-Agenzia, in collaboration with Confindustria Marmomacchine, is organizing the participation in the collective of Italian companies active in the marble and techno-marble supply chain at Expo Cihac 2022, scheduled for October 12-14, 2022 at the Centro Citibanamex in Mexico City. ICE is an Italian state agency that operates in support of Italy's exports and investments worldwide, in addition to encouraging foreign investment in Italy. Confindustria Marmomacchine is the Italian association of marble, granite and natural stone producers as well as manufacturers of machines, plants and tools

As resolved at the ordinary meeting held June 23, the GIMAV Extraordinary General Assembly was held at the end of December 2021 for approval of the new contribution resolution and to complete the roster of board officers. The approval of the new Association’s Statute made it necessary to elect a Deputy Vice-President and a Vice-President responsible for Flat Glass, offices that were assigned respectively to Vice-President Nicola Lattuada, Partner at ADELIO LATTUADA Srl, and to Vice-President Nancy Mammaro, President of MAPPI INTERNATIONAL Srl. See attached GIMAV Press Release for photos and

Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC). Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate. The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers. Foreign purchases by the U.S. automotive industry from around the world totaled 348.347 billion dollars in 2021, an 11.8% year-over-year increase. With this, Mexico's market share was 36.9%, its all

PLASTIMAGEN which will be held from March 8th to 11th, 2022, at the Citibanamex fair ground in Mexico City is the largest trade show for the plastic processing industry in Latin America. The figures of the first post pandemic, in person edition of the trade event are solid: an exhibition area of over 34,000sm, more than 400 exhibitors representing 1,000 brands from 20 countries, 13 international pavilions, including the National Association of Plastic Industries in Mexico (ANIPAC) pavilion. The number of visitors, both national and international ones, is expected to reach 22,000. Machines

Geocart S.p.a., a technology provider based in Italy that specializes in remote environmental and infrastructure monitoring and observation, is launching a North American office in Montréal to house its research and development activities. The local team will be tasked with developing high-tech services, such as aerial survey and inspection of power lines, railways and highways, and analysis of ground and vegetation. The new Montréal office is Geocart’s first foray in North America. The company is investing $5 million to launch its Canadian operations and plans to build a team of programmers

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 Nice’s presence in the North American market and double its R&D capacity. Nortek brands include 2GIG, ELAN, Linear, MightyMule, Proficient, SpeakerCraft, Gefen, Xantech, Panamax, Furman, numera, and

Lauro Dominici has taken over the helm of SCM Group Canada as Vice President of sales for the wood division following the retirement of woodworking industry veteran Richard Bluteau on Nov. 1. Dominici joined SCM in Canada earlier this year following two years with SCM in Portland, Oregon and Atlanta, Georgia. Dominici brings some 14 years of industry experience to the job. Born and raised in Italy, Dominici was first exposed to the industry through his father who worked for a large machine manufacturer there. In 2008, after school, he joined his father and started to work for that company as a