U.S. economic development strategies are moving toward sector-specific incentives, particularly in the advanced manufacturing sector. This sector integrates cutting-edge technologies such as automation and smart sensors to promote innovation, job creation and economic sustainability. Rather than using broad incentive packages, states are now tailoring their financial instruments to high-value…
The outlook for the U.S. manufacturing sector for the second half of 2025 is mixed: some forecasts indicate growth, while others predict stagnation due to factors such as tariffs and rising costs. While some projections indicate a positive trend with growth in most sectors, others point to the negative impact of tariffs on revenues and the potential for stagnation. Here is a more detailed…
Raimondi S.p.A., an Italian leader in professional tile installation tools, has acquired its longtime U.S. distributor, Donnelly Distribution Inc., completing the deal at the end of 2024. As of January 1, 2025, the new entity, Raimondi USA Corp., is fully operational and headquartered in Sussex, Wisconsin. The acquisition includes all staff and infrastructure, ensuring seamless service continuity…
Rosa Ermando SpA this past April, announced its partnership with DiPaolo Machine Tools Ltd., a machine tool sales and service leader in Canada and the USA. This agreement represents a strategic step to increase its presence in North America with a partner with great experience and reputation. DiPaolo Machine Tools Ltd. will distribute and support Rosa and Favretto GrindTech grinding solutions,…
Serioplast, a global plastic packaging manufacturer based in Italy, will invest $25.7 million to establish a 140,000-square-foot facility in Shenandoah County, Virginia, creating 45 new jobs. The company, which supplies major brands like Procter & Gamble and Unilever, cited Virginia’s skilled workforce and strong business climate as key factors. Governor Glenn Youngkin praised the project and…
The Italian trade balance with non-EU countries significantly decreased from €5.036 billion to €2.178 billion in April 2024, driven by an energy deficit and a reduced non-energy product surplus. This export drop is partly due to unusual maritime sales in prior months. Excluding these, the decline is moderate at -3.3%.In the first four months of 2025, exports rose 1.9%, but the trade balance fell…
The manufacturing industry is undergoing a profound transformation, driven by advanced technologies and a renewed focus on the human role. Manufacturing 5.0, the successor to Industry 4.0, prioritizes collaboration between people and intelligent machines beyond automation.This model seeks to empower workers' skills through integration with advanced technology, such as collaborative robots (cobots…
The manufacturing industry is facing a profound transformation, driven by advanced technologies and a renewed focus on the human role. Manufacturing 5.0, the successor to Industry 4.0, emphasizes collaboration between people and smart machines beyond automation.This model seeks to enhance workers' skills through integration with advanced technologies, such as…
The Mexican automotive industry is at a crucial point of transformation. In a global context increasingly focused on the decarbonization of transportation, Mexico is establishing itself as a key player in the production and assembly of electrified vehicles.Between January and April 2025, domestic production of electric vehicles reached 81,049 units, an increase of 72.27% compared to the same…
Mexico's automotive industry is at a crucial point of transformation. In a global context increasingly focused on the decarbonization of transportation, Mexico is emerging as a key player in the production and assembly of electrified vehicles.Between January and April 2025, domestic production of electric vehicles reached 81,049 units, a 72.27 percent increase over the same period in 2024. This…