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Italian Textile Machinery State of the Industry Report 2017: Positive Growth Through Third Quarter

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According to data elaborated by ACIMIT, the Association Italian Textile Machinery Manufacturers for the period from July to September, the orders index for textile machinery has risen by 6% compared to the same period in 2016. The index has a value of 107.3 points (2010 basis = 100). In further detail, foreign markets have shown a 6% increase, with the index reaching a value of 119.4 points. As for Italy’s domestic front, the increase instead amounted to 8 %, with an absolute value for the index of 51.5 points. “Orders have continued their growth trend, making us confident that we will close

VITRUM 2017 - International Glass Associations Meet In Milan. Focus on Current State of the Industry

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The second work day for Vitrum 2017 came to a close with new, key, share and compare opportunities. In the morning - behind closed doors - the highly-anticipated second meeting of the International Glass Associations took place. After the first International Convention held in Murano (Venice) in June, the group is meeting in Milan to concentrate on drafting its first operational guidelines. “Top of mind - explains Aldo Faccenda, president of Gimav, who presided over the event - are the most current topics facing the industry, which were proposed at the Murano meeting. This morning was a

VITRUM 2017 - New Laws And Standards for Glass Products In Building and Construction

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The 20th edition of Vitrum is continuing on a high note. Visitors and exhibitors are actively involved and satisfied with the show's high quality and technological level, complemented by a host of side events, such as meetings and seminars for professionals. Vitrum has further substantiated its educational commitment to the glass industry with today's seminar, addressed at the Italian market, entitled "The new laws and standards for glass products in building and construction”, which received accreditation for 3 CFP (certificate of professional education) credits from the Order of Engineers of

Fimer To Supply Conversion Centres For PV Plant in Mexico

Italian photovoltaics supplier Fimer has sealed €9 million in financing from Sace and Deutsche Bank for the supply of conversion centres for two solar farms in Mexico. Deutsche will issue two performance bonds worth US$4.3 million, which will be backed by Sace. The German bank will also issue a €5 million loan that will be used to finalise supply contracts. Head of Milan branch at Sace, Enrica Delgrosso says; “With this initiative, we are continuing our commitment alongside Deutsche Bank in support of the internationalisation projects of Italian companies like Fimer, which are growing in

VITRUM - Italy’s International Trade Fair for the Glass Processing Industry – Opens Today, Tuesday, October 3rd, 2017

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Visitor pre-registrations for Vitrum 2017 in Milan, grew four-fold compared to two years ago. The number of visitors grew by more than 20% compared to 2015 at 12.30 PM. The overall value of machinery on display is in excess of €2 million. The net exhibition area of more than 13,000 sq. m accommodates 237 exhibitors from all over the world. This is Vitrum 2017, inaugurated at Fiera Milano Rho (Milan) today, October 3rd, 2017. “This is year zero for us – stated Dino Zandonella Necca, President of Vitrum – we expended all of our efforts in this year’s edition in terms of synergistic activities

Machines Italia USA’s 5th Participation To Makers Fair

The Machines Italia USA Desk in Chicago arranged the fifth Italian participation at the 2017 Makers Fair. The event, which took place in New York City September 23-24 was open to both trade professionals and the public at large. This year’s major theme was additive manufacturing and 3D printing technologies, advanced manufacturing, robotics, education, research & science. The 2017 Makers Fair stretched across four halls and attracted more than 100,000 visitors and 900 makers. The Italian Trade Agency and Machines Italia participated in the fair to provide assistance to Italian and local

Machines Italia & UCIMA "Pack" Italian Innovation Into Pack Expo

Pack Expo Las Vegas 2017 saw, once again, a strong presence of Italian packing machinery manufacturers, thanks to the continued participation of the Italian Trade Agency Chicago Office and the Italian association for the industry UCIMA. This year’s show took place from September 25th through the 27th at the Las Vegas Convention Center. The Italian Trade Agency and UCIMA organized an Italian pavilion Booth #S-6249 to promote the over 30+ Italian exhibitors at Pack Expo and to provide information to US companies looking to gain and or maintain their competitive edge in the marketplace by using

Italy's Role In Advanced Manufacturing Evident At Rapid 2017

On May 11th, 2017 the Italian Trade Agency Chicago Office was interviewed during the Rapid + TCT 2017 Conference in Pittsburgh, hosted by the Society of Manufacturing Engineers. The show is one of the premier events for Advanced Manufacturing and provides a forum on the new trends and outlooks for Industry 4.0 and beyond. The ITA’s spokesperson talked about its mandate to assist and promote Italian advanced manufacturing technology in the US and illustrated the Italian government's national plan, Industry 4.0, and how it will benefit Italian manufacturers investing in innovation. To watch the

US Manufacturers Discover Trentino’s Industrial Technology Cluster

Italy’s Trentino region is home to over 800 companies in the mechanics and mechatronics industry. The sector employs almost 10,000 people, which makes it Trentino’s largest employer, and provide an important contribution to the region’s exports. The Office of the Italian Trade Agency in Chicago together with Italy’s Trentino Sviluppo invited 10 US companies to explore partnership and sourcing opportunities from leading Italian technology solution providers from in the region. The trip took place from June 18th to 21st, 2017. US delegates met with their Italian counterparts and visited

SelectUSA 2017 Reaffirm Italy’s Strong Commitment To FDI In The US

The United States welcomes investors of all sizes, including established multinationals, small or medium-sized enterprises, and high-growth start-ups. The SelectUSA Investment Summit brings the diversity of the United States together under one roof – enabling any business to find the people, the resources, and the market it needs to be successful. Participants at the first three Investment Summits have announced more than $20.6 billion in Greenfield FDI into the United States since 2013. Data from FDI Markets show that these participants are responsible for more than 12 percent of all