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

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 largest tech-conferences in the world with a whopping 25,000 attendees participating from over 120 countries, engaging for four days with some of the greatest minds in technology and featuring A-list speakers

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

Promoted by CECIMO, the European Association of Machine Tool Industries, and organised by the operational structures of UCIMU-SISTEMI PER PRODURRE, the Italian machine tools, robots and automation systems manufacturers' association, EMO MILANO 2021, the leading world exhibition for metalworking industry, will take place at fieramilano Rho from 4 to 9 October, when the recovery of investment should already have started. Metal forming and metal cutting machine tools, production systems, enabling technologies, robots and automation, solutions for interconnected and digital factories and additive

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, mining, chemicals, among others. The factory is located in the Pymes Park and has an area of ​​50,000 square meters. Maurizio Barbini, general manager, showed his pride at the inauguration of the plant in

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), Lapp Group North America and Alps Welding Ltd. 185 manufacturers participated in Advanced Manufacturing Outlook 2021 with the survey findings strongly representing the industry with a margin of error at +/- 6%

The collection of exhibitors’ applications is going on rapidly for EMO MILANO 2021, the world exhibition dedicated to metalworking machine tools, which will take place again in Italy after six years and after the success of the 2015 edition. Scheduled at fieramilano Rho from 4 to 9 October 2021 , EMO MILANO 2021 is long-awaited by the operators of the world manufacturing industry, which consider it as the event that will definitely mark the enterprises’ return to “normality”. Promoted by CECIMO, the European Association of Machine Tool Industries, the trade show is organised by the operational

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 revenues but also a strong volatility and enormous losses of value on the financial markets. As a result of these shocks, the post COVID-19 manufacturing ecosystem is expected to create a paradigm shift both

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% from outside Italy, 3,000 metalworking machines on display over 1 million square feet of exhibitions space, 65 thousand visitors, and 1,000 pre-arranged business meetings – contribute to the success of the

Already 466 companies have sent their applications to exhibit at 32.BI-MU, the international exhibition of reference in Italy for the machine tool sector, held at fieramilano Rho from Wednesday 14 to Saturday 17 October 2020. It will document how the matching between manufacturing world and digital technologies is accompanying the development of the industry, also according to the new principles of circular economy. To date, the number of exhibiting companies has increased by 3.5% compared with the number achieved in December 2017 for the previous edition of BI-MU. The event will be at