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Ecopol To Bring 130 New Jobs To Spalding Country (Atlanta, Georgia)

The Governor of Georgia, Brian Kemp, announced Tuesday that sustainability-focused Ecopol, a European leader in the production of biodegradable PVA film, will invest more than $38 million and create 130 new jobs at the company's first North American facility in Spalding County south of Atlanta (Georgia). Georgia is home to a large and active Italian business community, and Italy has maintained a consular presence in Georgia since 1899. In 2021, exports from Georgia to Italy increased more than 18% over the previous year ($557 million total exports in 2021). Wilson led an economic development

UCIMU Index Q1 2022: A Slight Decrease In Machine Tool Orders (-3%) Domestic Orders -15.9%; Foreign Orders +5%

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In the first quarter 2022, the index of machine tool orders processed by the Economic Studies Department & Business Culture of UCIMU-SISTEMI PER PRODURRE marked a slight decrease (-3%) compared with the period January-March 2021. The absolute value of the index stood at 164 (base year 100 in 2015). The outcome was due to the reduction in the collection of orders in the domestic market, which was partially counterbalanced by an increase in overseas orders. In particular, on the foreign front, the collected orders grew by 5.3% compared with the same period of the previous year. The absolute

Packaging Machinery: 2021 Turnover Rises To €8 Billion

According to the preliminary figures published by the MECS - UCIMA Research Centre, the sector is returning to growth. Approximately 7 months of production is guaranteed in 2022. The Italian packaging machinery manufacturers have once again passed the €8 billion mark. According to the preliminary figures compiled by the MECS - UCIMA (Italian Packaging Machinery Manufacturers' Association) Research Department, the sector has reached an overall turnover of €8,435 million in 2021, 8% up on the result recorded in 2020. This figure is higher than the 2019 turnover and consolidates the industry's

UCIMU: An Excellent 2021 for the Italian Industry Of Machine Tools, Robotics And Automation. A Strong Growth Also In 2022, With Full Recovery of The Ground Lost During The Pandemic

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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 machine tools, robots and automation systems manufacturers' association, during the traditional end-of-year press conference. As highlighted by the preliminary year’s data processed by the Studies Dept. &

State of the Industry Report 2021: In 2021, the Italian Machine Tool Manufacturing Industry Registers a Strong Recovery of all Economic Indicators

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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 fifth place in the ranking of consumer countries, as a testimony to the importance of the Italian market in the international scenario. The year 2021 is showing a completely different trend, confirming the

2021 GIMAV Assembly: 2020 Industry Data Presented Along With 2021 Forecasts. Board Of Arbitrators And Sole Auditor Elected.

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INDUSTRY PERFORMANCE IN 2020 Production fell 16.6% due to a drop in exports (-14.9%) and in domestic sales (-20.7%). This is how the pandemic negatively affected the performance of Italy’s Industry of Manufacturers of Glass Processing Machinery and Technologies that closed 2020 with overall sales of 2,027 million Euro. Imports also fell (-11.1%), causing the domestic market to shrink (-17.2%). There was an overall drop in trade (-14.2%) as well as in the trade balance (-16.1%) which, however, remained very positive at nearly 1,080 million Euro. If 2020 was the year of global economic crisis

The Manufacturing Industry Leads The Economic Recovery In Mexico

According to data from the INEGI (National Institute of Statistics and Geography), the manufacturing industry proved to be the most resilient and dynamic sector of Mexico’s economy. Though still below pre-pandemic levels, the monthly indicator of industrial activity has been steadily growing for the past 10 months now. The manufacturing sector grew, in March 2021 (last available data), +3.0% compared to the previous month while the year over year rebound was +5.5%. Leading the growth were the automotive and electronics industries which are the most export-oriented segments of the manufacturing

The Italian Glass Series

The ITALIAN GLASS SERIES is an online video project in 4 episodes created by Italian Trade Commission - ITA, GIMAV, the Italian Association of Manufacturers and Suppliers of Machinery, Equipment and Special products for Glass Processing in collaboration with National Glass Association (NGA). The series features leading Italian glass working companies and cutting-edge technologies, materials and processes which have been carefully selected for their suitability and changing impact for the US Market. Though intended for a wide audience, these videos showcase glass working machinery in motion

Italy’s Automotive Industry

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 play a very important role in Italy’s economy. Italy’s automotive value chain encompasses the vehicle, system and component design, manufacture and marketing for both the OEM and aftermarket segments. The

State of the Industry Report 2021: First Quarter Machine Tools Orders Grow +48.6%

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In the first quarter of 2021, the orders of machine tools collected by Italian manufacturers started to grow again. In particular, the UCIMU index processed by the Economic Studies Department & Business Culture of the Association showed a 48.6% upturn in the first three months of the year compared with the same period of 2020. The absolute value of the index was 169 (base 100 in 2015). The overall outcome was mainly due to the excellent performance of manufacturers on the domestic market. Indeed, on the internal market , Italian manufacturers registered a 157.9% increase in the collected