Due to the spread of the novel coronavirus or COVID-19, the outlook for 2020 set out at the beginning of the year is now moot. An exogenous shock is hitting the USA and the global economy as a whole to an unknown extent. What is special about the new economic crisis is that there have been simultaneous supply and demand shocks which have commanded not only a reduction in jobs, output, and…
Bovone, an Italian manufacturer of machinery and technologies for the second processing of flat glass and natural and synthetic stones, has selected Rockingham County and Reidsville, North Carolina for its first North American headquarters.
The company’s product lines are structured in two main areas of excellence: the product line consisting of stand-alone machines, grinding,…
Pegaso Industries S.p.A. an Italian maker of auxiliary equipment has established Plastic Systems US in Atlanta to serve the North American market. The new subsidiary will help it grow the local market, including auxiliary equipment for extrusion, injection molding, blow molding, and processing of PET.
It joins Plastic Systems Shanghai, Plastic Systems Latin America, and Plastic Systems India,…
AMUT continues to thrive and grow in North America thanks to if focus on PET recycling and post consumer products technology. “We just started the commissioning of two new PET Recycling Plants for Post-Consumer plastics at INDORAMA ECOMEX division for their VIRGIN PET plants.” Says Anthony George, President of the North American division of the Italian AMUT Group. “Indorama is the world…
The 3rd edition of Robotics Summit and Expo, taking place in Boston, Massachusetts from September 24 to 25, 2020 will bring together, in one place, at one time, technical and business professionals from across the globe to share knowledge, experience, and insights with the goal of driving robotics development and innovation forward.
The Italian Trade Agency (ITA) will be attending the…
Together with the American Society of Mechanical Engineers (ASME), the Italian Trade Agency (ITA) hosted The Italian Way to Advanced Manufacturing round-table discussion panel on the occasion of the International Mechanical Engineering Congress and Exhibition (IMECE) which took place from November 10 to 13, 2020 in Salt Lake City, (UT). The November 13th, 2019 panel was attended by…
With over 200,000 visitors, 129,000 sqm of floor space and 1,250 exhibitors, AB TECH EXPO is a fastly growing international trade show for technology and materials for the bakery, pastry and confectionery industries. The 3rd edition of the event was held in Rimini, Italy, from January 18 to 23, 2020.
The Italian Trade Commission (ITA) and Rimini Fiera invited 50…
G.D USA, Inc. a member of the Coesia Group, will invest $3.73 million to increase capacity and enhance technology at its facility in Chesterfield County, VA. The project will create up to 26 new jobs at the Richmond operations. “G.D USA is excited to continue to grow our company in Virginia, and specifically Chesterfield County, for years to come,” said Roberto Parmeggiani, General Manager of the…
Bruschi USA Inc., an affiliate of the Italian zinc die casting company Bruschi S.p.a., purchased two parcels at the corner of North Granville Woods Road and West Bradley Road, in Milwaukee, Winsconsin, from JAS Investments Inc. for $1.1 million.
The properties at 8050 N. Granville Woods Road and 6840 W. Bradley Road have a combined assessed value of $1,174,000, according to city…
ICA, a leading, Italian-based supplier of coating solutions for the wood and glass industry, continues its global expansion by establishing a North American subsidiary in Ontario through the take over of its local distributor. ICA North America oversees the sales and distribution network in Canada, USA and Mexico until the US office is operative.
For ICA, this is the 6th FDI abroad office in the…