A trio of American trade press editors left for Milan, Italy, on the weekend of July 4 to begin a five-day tour of 13 machinery manufacturers across northern Italy. The trip was sponsored by the Italian Trade Commission (www.ice.it), to highlight the unique capabilities of the country’s machine industry.
Machines Italia Turning Innovation into Productivity
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In the third quarter of 2024, Italy’s machine tool industry showed a positive shift, with a 7.9% increase in orders compared to the same period in 2023. The index, compiled by the Italian machine tool manufacturers’ association Ucimu-Sistemi per Produrre, reached a value of 52.7 (base year 2021 = 100).
The Mexican automotive industry closed the first half of 2024 consolidating its position as the largest generator of foreign exchange for the country, surpassing key sectors such as remittances and tourism.