🇮🇹 Report on U.S. Imports from Italy's 15 Mechanical Sectors (January-June 2023-2025)In the great trade flow across the Atlantic, Italian machinery has always been a symbol of ingenuity, precision and industrial tradition. From packaging systems to agribusiness solutions, Italy has exported not only technology but also manufacturing culture.However, data from the first six months of 2025 tell a…
Italian cable giant Prysmian is investing $500 million to expand its McKinney, Texas, operations with a 650,000-square-foot medium-voltage cable facility, creating 120 jobs and boosting U.S. energy infrastructure. The plant, expected to open in 2027, will enhance capacity to meet growing electricity demand. Prysmian acquired local firm Encore Wire for $4.1 billion in 2024. Since its founding in…
mid-2025, the North American manufacturing landscape is evolving rapidly. Despite uncertainties in trade-critical areas such as trade policies and security, significant opportunities are emerging in the United States, Canada and Mexico; new investments look particularly dynamic for advanced technologies and energy transition. Italian industrial machinery manufacturers, known for innovation and…
To support its manufacturing sector and shield local jobs from external trade pressures, the Government of Ontario has announced an expanded investment of $1.3 billion over three years into its Ontario Made Manufacturing Investment Tax Credit. The enhanced program aims to reduce costs for companies investing in buildings, machinery, and equipment for use in Ontario-based manufacturing or…
To strengthen its manufacturing sector and protect local jobs from the effects of international trade pressures, the Ontario government has announced an expansion of the Ontario Made Manufacturing Investment Tax Credit program, with a total investment of C$1.3 billion over three years. The initiative aims to reduce costs for businesses investing in property, machinery and equipment for…
Dear Readers,As we reach mid-2025, global trade evolves in an increasingly uncertain landscape, because of tariffs negotiations and ongoing armed conflicts. The Italy-North America partnership on manufacturing, which mobilizes several interlinking supply chains, is being tested but appears resilient, thanks to the common trust in trade, entrepreneurship, innovation and collaboration. This issue…
Machines Italia is proud to participate in CMTS 2025 as an Industry Supporter of Canada’s leading manufacturing event, taking place September 29 – October 2, 2025 at the Toronto Congress Centre. Join us for our live 45-minute Machines Italia Spotlight Session, where industry leaders share how Italian technologies are transforming Canadian manufacturing:📅 Event Dates: 2:30 PM – 3:15 PM, September…
Farm Credit Canada (FCC) recently announced a $2 billion strategic investment plan, to be implemented by 2030, with the goal of accelerating the development and adoption of innovative technologies in the agriculture and food sectors. The initiative aims to promote advanced agtech solutions designed to improve the productivity, operational efficiency and environmental sustainability of Canada's…
At the G7 Summit in Kananaskis, Alberta, on June 17, 2025, Prime Ministers Mark Carney and Giorgia Meloni reaffirmed the growing strategic partnership between Canada and Italy. Their discussions emphasized shared priorities in global security, innovation, and economic resilience—with clear implications for the manufacturing and industrial sectors.The two leaders reviewed progress under the Canada…
DeAMS, an aerospace and automation company based in Campania, Italy, has taken a major step in its international expansion with the signing of a five-year agreement with Bombardier. Announced during the Aeromart Montreal trade show in March 2025, the agreement includes a $1 million project to design and build automated, PLC-controlled lifting platforms at Bombardier’s Dorval, Quebec facility.…