There’s innovation in the future of the Italian textile machinery, thanks in part to the stimulus provided by Industry 4.0, as stated at the Assembly held by the industry association ACIMIT by President Raffaella Carabelli, presenting the figures for the sector. In 2016, Italy’s production of textile machinery rose 5% compared to 2015, thereby reaching a value of 2.7 billion euros. During the same period, exports grew by 4%, amounting to 2.3 billion euros. This reinforces the positive trend already observed in 2015, and is the result of a substantial confirmation of the state of foreign

2016 closed with a positive sign: this is the final result of a 12-month period characterized by a clearly positive trend of technology, equipment and tools for wood and wood-based materials. As we wait for final figures, the Studies Office of Acimall – the Confindustria member association that represents the companies of this excellent “made in Italy” sector – estimates that production in 2016 amounted to 2,078 million euro, 11.5 percent more than 1,864 in 2015. This percent variation is very similar to the result of 2015 versus 2014, when an 11.7 percent increase was recorded. The growth of

North Carolina based Advanced Ceramic Coatings (ACC), a joint venture between Ohio-based GE Aviation and Turbocoating Corp. of Italy, announced that it will invest $15 million to build a new 62,500-square-foot facility at Hillside Enterprise Park in Duncan and create 50 jobs. Local officials identified ACC as the company seeking incentives under the economic development project codenamed “Project Door.” The facility will be constructed on a piece of property at 1191 Howell Road within the 84.5-acre park owned by Indianapolis-based developer Scannell Properties. ACC’s site is near a 77,000

Every year, GIMAV conducts a survey of the Italian glass industry with the aim of providing an overview of the sector and information on its structure, sales, production and export markets. GIMAV is the Italian Association of Glass Processing Machinery and Accessories Suppliers and represents almost 80% of the Italian glass industry. The results were more than encouraging: the positive trend for Italian glass processing machinery, accessories, and special products posted a year earlier was repeated and consolidated in 2015. The report signaled a new wave of optimism for everybody

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 costs can also improve profitability, enabling manufacturers to lower product prices and finance new R&D. In short, manufacturers are looking at the total cost of off-versus-re-shoring and seeing

The woodworking technology and wood-based materials industry keeps showing encouraging trends: preliminary figures for the current year speak for themselves, showing a fully positive sign for all major indexes. The analysis carried out by the Studies office of the Confindustria-member association ACIMALL, gathering the industry's leading companies provides a brighter picture than many were expecting. And compared to the recent past, satisfaction comes from the domestic market, a trend that might bring even more significant “surprises” in 2016. Meanwhile, let’s take a look at figures, reminding

After a still-positive trend in January and February (in the wake of the +5.9% result at the end of 2012), the first quarter of 2013 instead closed with a downturn for Italian exports of plastics and rubber processing machinery, according the Italian National Institute of Statistics - ISTAT figures processed by Assocomaplast (the Italian trade association belonging to CONFINDUSTRIA, which groups together some 165 manufacturers). In fact, foreign sales in this sector fell 4% compared to January-March 2012, set against a 9-point drop in imports. The result is on the whole not surprising, given

THE BIOTECH SECTOR IN ITALY: A GROWING AND PROMISING REALITY Vigorous growth and an excellent innovation capacity. These are the principal characteristics of the Italian biotech sector. In view of the tender age of this industry such characteristics are, in some respects, very surprising. Thanks to them, Italy has managed to meet a challenge that would have been unthinkable a few years ago: to finally appear on the radar screens of the major biopharmaceutical and biotechnological companies and venture capital operators. There are tangible facts behind this phenomenon: new enterprises emerging

Italian wind turbine manufacturer Brevini Wind intends to start production on a new facility in Indiana in the third quarter of 2010. The original start date was for the first quarter in 2011, however interest generated at the American Wind Energy Association’s annual conference has lead to a decision to speed up the company’s timetable regarding the project. The Italian company selected the region because of the outstanding technical talent pool as well as a strong base of suppliers and contractors. The manufacturing facility will employ 400 people once opened. In addition to manufacturing