Farm Credit Canada (FCC) had recently released a report indicating that farm equipment sales in Canada are projected to decline throughout 2025. The slowdown in the market is being attributed to several factors, including low commodity prices, high equipment costs, and lower overall profits for farmers.Leigh Anderson, senior economist at FCC, explained that farmers are increasingly focused on…
U.S. President Donald Trump has agreed to delay the imposition of 25% tariffs on Canadian goods for a 30-day period following discussions with Prime Minister Justin Trudeau. The tariffs, which were set to take effect this Tuesday, were part of a broader executive order aimed at addressing illegal immigration and drug trafficking, specifically targeting the flow of fentanyl and other substances…
During the G7 Ministerial Meeting on Industry and Technological Innovation, Canada and Italy released a Statement of Intent to deepen collaboration on critical minerals and raw materials. This builds on the Italy-Canada Roadmap for Enhanced Cooperation and Canada’s 2022 Critical Minerals Strategy. Both countries are committed to strengthening energy security and sustainability through regular…
Omnia Packaging, a prominent Canadian sustainable packaging company, has joined forces with Friendlier, a leading reuse company in Canada, to introduce a groundbreaking 16-ounce reusable coffee cup. This collaboration addresses the pressing issue of single-use coffee cup waste in Canada, where approximately 1.5 billion cups are discarded annually. The Friendlier coffee cup allows consumers to…
Exciting News Alert - Italy in Canada! We're thrilled to announce the opening of GRAF Industries Inc. in North America! "Our targets for this commercial operation are high," says Gianfranco Ferranti, Chief Executive Officer of GRAF Synergy. "This ambition is part of our DNA shared with all the companies of the GRAF INDUSTRIES group. We always aim higher and raise the bar when we see the…
From 2021 to 2023, Italy maintained a notable presence in Canada's import market across various machinery sectors. The aggregate value of imports from Italy witnessed a substantial increase, reflecting a growth trend in the demand for Italian machinery in Canada. Italy ranked fifth among Canada's machinery import partners, with a notable 19.7% increase in import value from 2022 to 2023.…
In today's world, where environmental sustainability and plastic waste reduction are key, Omnia Packaging stands as a reference and guide for innovation and research of technologically advanced solutions and sustainable packaging. The company's growing international success is evidenced by the September 21 inauguration of a new production facility in Canada. The manufacturing investment, worth…
PRINOTH Increases Production Area in Quebec
PRINOTH, an Italian multinational company, will invest $25 million to expand its plant in Granby, Quebec, in eastern Canada . The expansion will enable PRINOTH to strengthen production of tracked snowplow vehicles and snowmaking technology. The production area will increase from the current 120,000 sq. ft. to a total of 200,000 sq. ft. and a…
ITALIAN MACHINERY AND EQUIPMENT EXPORTS: Impressive Growth in 2023!
Exciting news for the Italian machinery and equipment industry! According to stats released by Confindustria Marmomacchine, in the first four months of 2023, our exports of machines, tools, and equipment for natural stone processing surged by an impressive 4.9% compared to last year.
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Italian food processor, Andriani SpA, recently announced that it is opening its first-ever North American allergen and gluten-free pasta production facility in London, Ontario. This new 50,000 sq. ft. facility will employ 50 people in the first phase and will allow the company to work closely with regional farms, which will supply access to raw materials and non…