The Canadian federal government has created a $54 million fund to support research and innovation in the country's aerospace sector and in particular to foster the development of technologies, materials, systems and components for the next generation of aircraft.
The fund will be managed by a consortium of 15 companies and research institutions in the country, headed by Bombardier Inc. The…
Stanpac Inc, a Canadian ice cream package and glass container printing company, has announced a $45.6 million (Euro 34 million) investment to increase capacity at its Smithville, Ontario, plant by adding as many as four new fully automated production lines and new digital technologies.
The investment will enable Stanpac to serve the growing demand for printing services coming primarily from the U…
Injection molding mold maker of automotive components (interior, exterior, and optical systems), Integrity Tool & Mold Inc. based in Oldcastle, near Windsor, Ontario, the beating heart of the North American automotive industry, has announced a $22.8 million investment to acquire new technology and expand its 24,000-square-foot production superfice.
The investment is expected to generate 52…
The Canadian division of the German Schaeffler Group, which specializes in bearing construction, has started a project to expand its manufacturing plant in Stratford, Ontario, which would be worth more than $13 million (10 million euros).
The investment will enable Schaeffler Canada to add two new assembly lines, purchase advanced equipment and machinery, and increase the facility's level of…
Italy is emerging as one of the leaders in the new, partially deregulated energy market. This is thanks to a strategy that focuses on the creation of partnerships and joint ventures with local players.
In particular, two Italian-based heavyweights of the energy industry seem to be growing exponentially:
ENEL Green Power has been working in Mexico since 2007. Recently, ENEL…
Bardiani Valvole is an established Italian manufacturer of hygienic valves for the food, beverage and pharmaceutical industries. It exports its products to over 70 countries and the brand is synonymous with Italian technological innovation worldwide.
Bardiani will be exhibiting at the Profood Tech 2017 trade show in Chicago where it will present its newest line of PMO valves.
To…
The Italian confectionery group Ferrero Spa has announced the creation of a new R&D centre in Mexico in response to the growing demand for sweet treats in Latin America and the success of some of its marquee products such as Nutella and Ferrero Rocher.
Ferrero’s R&D facility will be located in proximity to the existing plant in San José Iturbide, Guanajuato state and will…
North Carolina based Advanced Ceramic Coatings (ACC), a joint venture between Ohio-based GE Aviation and Turbocoating Corp. of Italy, announced that it will invest $15 million to build a new 62,500-square-foot facility at Hillside Enterprise Park in Duncan and create 50 jobs.
Local officials identified ACC as the company seeking incentives under the economic development project codenamed “Project…
FCA, the U.S. arm of automaker Fiat-Chrysler, announced on January 8th, 2017 that it would invest a total $1 billion in plants in Michigan and Ohio, which will add 2000 new jobs in the United States.
The announcement, in what the company said was the second phase of a plan it first made public a year ago, came days after Ford Motor Company decided to scrap a plan to build a facility in Mexico,…
Agrati Group from Italy announced the acquisition of Continental Midland Group (CMG), a leading North American engineered fastener company in the automotive, commercial vehicle and Industrial markets with 4 production plants focused on screws, bolts, nuts and special cold forged parts, and one logistic center. Plants and logistic centers are located in the US: Illinois, Ohio and Indiana. The…