Sesto San Giovanni, 1st October 2020. In 2019, the Italian machine tool manufacturing industry ranked fourth among manufacturing countries and fourth also among exporting countries, overtaken by China that stole its historical third place. On the contrary, its fifth position in the ranking of consumer countries remained unchanged, as a confirmation of the importance of the Italian market in the international scenario. After a 2019 that was certainly not positive, the year 2020 marked a collapse of investments in machine tools, in Italy and abroad, but a consumption recovery is expected already

The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47% for the period April-June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy. A 44% decrease in orders was recorded in foreign markets, whereas the domestic market showed a 62% drop compared to the second quarter of the previous year. ACIMIT President Alessandro Zucchi commented, “The lockdown of production units in April heavily influenced the orders intake, and a deep concern remains for the upcoming months.” “On reopening, our manufacturers worked to process

Print4all: New Dates, Same Drive to Innovate Milan, 14 July 2020. Print4All changes date. The appointment is now in Fiera Milano (Italy) from 3 to 6 May 2022. The postponement of several European trade fair events dedicated to printing, which were originally slated to be held during these months concerned by the health emergency, has upset the international trade fair scene and the presence of other events at dates close to Print4All would have prevented some companies from properly deciding where to focus their attention and investments. For this reason, a new date was set for the event that

The recently announced novel agreement will replace the previous arrangement and represent the new institutional framework for relations between the European Union and Mexico. The treaty has an ambitious and particularly advanced structure which will probably be an example for negotiations with other Central and South American countries. It includes provisions on sustainable development and the effective implementation of the Paris climate agreements, the protection of human rights and political cooperation. It is also the first agreement that the European Union signs with a Latin American

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

Italian tissue manufacturer Sofidel Group anticipates an early June grand opening for its $360 million plant in Inola, a spokesman for the company said. A total of 350 people will be employed at the 1.8 million-square-foot facility, which is expected to be fully operational by sometime this summer, spokesman Enrique Garay said. In terms of sheer size, Sofidel’s footprint is among the most spacious in the state. It is smaller than the four-story Amazon fulfillment center (about 2.5 million square feet of workspace) scheduled to open in Tulsa late this year. But the Rogers County facility is 38%

Bovone, an Italian manufacturer of machinery and technologies for the second processing of flat glass and natural and synthetic stones, has selected Rockingham County and Reidsville, North Carolina for its first North American headquarters. The company’s product lines are structured in two main areas of excellence: the product line consisting of stand-alone machines, grinding, bevelling, and washing of glass and stone; and the product line dedicated to complete plants for the silvering (coating) and layering of glass. These two areas are integrated to create the fully automated BRS Bovone

Alabama Gov. Kay Ivey announced that 2A S.p.A., a prominent Italian die-casting company, planned to invest $15 million to expand its foundry in Auburn, where it serves as a Tier 1 supplier to major producers of automobiles and heavy trucks. The expansion project at 2A USA in Auburn will create more than 50 jobs and double the Auburn facility’s current die-casting area.“2A has earned a reputation for technical innovation, and its decision to expand its Alabama manufacturing operation is a testament to its skilled workforce in Auburn,” Ivey said. “We’re thrilled that this first-class company is

Waiting for more details to evaluate the impact of the pandemic on the industrial economy, based on the analysis of the Acimall Studies office we can illustrate the trend of wood and furniture technology in 2019. Unfortunately, those twelve months were characterized by hardly encouraging signals for the health of our industry, a suffering condition that can only get worse after the dramatic events of the first months of 2020. “Now more than ever, it is essential to understand the economic situation of the industries we represent,” said Dario Corbetta, director of Acimall, the Confindustria

As the current situation regarding COVID-19’s impact on the United States of America’s (USA) manufacturers rapidly changes, the Italian Trade Agency Chicago Office has included a number of what are considered trusted sources providing a wealth of updated information about the virus’s impact on the USA manufacturing economy. Of these sources, IBIS World, Manufacturers Alliance for Productivity and Innovation and National Association of Manufacturers have recently published surveys on the current impact the virus has and will have on manufacturers. IBIS World’s March 24, 2020 survey on the