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Volume: #24 Spring 2024
Critical minerals serve as the backbone of modern technology, indispensable in a vast array of products from mobile phones and solar panels to electric vehicle batteries, medical devices, and defense applications.The Government of Canada acknowledged the importance of critical minerals, identifying 34 minerals and metals on its critical minerals list, found below. Initially introduced in…
Volume: #24 ESTATE 2024
In a bold move to revitalize America's manufacturing prowess, the U.S. Navy is leading the charge to address the longstanding skills gap and modernize the country's industrial infrastructure. This initiative comes as part of a broader commitment to replace aging submarine fleets, with a focus on expanding the manufacturing workforce and assisting suppliers in upgrading their facilities.The Navy's…
Volume: #24 ESTATE 2024
Canada's manufacturing landscape stands on the brink of transformation. A convergence of innovative technologies, sustainability initiatives, and a fresh influx of talent is reshaping the industry, offering Canadian companies unprecedented opportunities to scale and fortify their operations through technology. This shift comes as a response to years of historic disruptions, including geopolitical…
Volume: #24 ESTATE 2024
In a significant move to advance agricultural technology, the Canadian and Saskatchewan governments have announced a joint investment of $5 million into the Prairie Agricultural Machinery Institute (PAMI). This initiative, part of the Sustainable Canadian Agricultural Partnership (Sustainable CAP), spans over five years and aims to fund PAMI’s project development, knowledge dissemination, and…
Volume: #24 ESTATE 2024
Metropolitan centers are often likened to jungles of concrete, as the towering structures that define cities from New York to Vancouver are predominantly constructed from concrete. However, a shift is on the horizon with a growing movement to erect taller buildings using mass timber.Mass timber refers to a group of building materials created by fusing multiple wood layers to form larger and more…
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Generative AI | made in Italy | Italian Companies | Added value | New jobs
Volume: #24 Spring 2024
An Accenture study suggests that by 2030, Italian companies could boost their added value by about €50 billion ($54.30 billion) through the widespread use of generative AI. This was presented at a meeting of the Leonardo Committee, a group promoting the "Made in Italy" brand, unrelated to the Leonardo defense and aerospace group. An additional €30 billion ($32.47 billion) in added value could be…
Volume: #24 Spring 2024
From May 18-25 2024, Missouri Governor Mike Parson and First Lady Teresa Parson traveled to Italy for an international Trade Mission.According to a release from Parson, Italy is a top source of foreign direct investment and a key trade partner for Missouri, with more than $169M in exports in 2023.Consistent with Gov. Parson’s infrastructure and economic development priorities, the goal of the…
Volume: #24 Spring 2024
New York's Governor Kathy Hochul announced that manufacturing company IMA Life North America will build a $30 million, 80,000-square-foot facility in Tonawanda to increase its production of freeze-drying equipment for the pharmaceutical industry. IMA Life's equipment is shipped all over the world and its customers include pharmaceutical giants such as Pfizer and Moderna.IMA Life North America is…
Volume: #24 Spring 2024
Nestlé, the multinational food and beverage company, has announced its intention to invest a substantial $472 million in the construction of a new pet food manufacturing facility in Italy. This significant investment underscores Nestlé's commitment to expanding its presence in the pet food market and meeting the growing demand for high-quality pet nutrition products.The new facility, expected to…
Volume: #24 Spring 2024
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…