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…
Italian company Microtex Composites is opening its first U.S. operations in Chattanooga, Tennessee, investing $3.8M and creating 26 jobs. This new prepreg manufacturing facility signifies the company’s commitment to innovation and quality, catering to U.S. customers in automotive and aerospace markets. President Federico Becagli emphasized using advanced technologies and employing skilled staff…
In an era defined by unprecedented global connectivity and rapid technological advancement, the manufacturing sector continues to serve as a catalyst for economic growth and innovation. Against this backdrop, the narratives featured in this edition of the newsletter are related to Italian companies’ strategic expansion in North America and their need to forge new collaborations when trying to…
With an investment of more than 17 million dollars, the new Magneti Marelli plant started operations in Ramos Arizpe, Mexico.
These structures, the fourth project installed by the company in the northern state of Coahuila, will generate 250 jobs.
During the inauguration ceremony, Governor Miguel Ángel Riquelme pointed out that the new Magneti Marelli plant in Ramos Arizpe, dedicated to the…
In order to increase production of hot rolling, galvanizing and finishing, Ternium confirmed that it will invest $1 billion dollars to expand its Pesqueria Industrial Center in Nuevo Leon. Italian companies that produce metal and manufacturing machinery are a good option as suppliers for this type of company and its industrial sector.
This was confirmed by Máximo Vedoya, CEO of the steel…
In a meeting held on Wednesday 1 December with the Governor of the Mexican State of Yucatan, Mauricio Vila Dosal, and the Minister of Economy, Tatiana Clouthier, executives of the Italy's Fincantieri presented the project for the construction of the largest shipyard on the American continent in the port of Progreso — located 36 km north of Mérida — as well as the benefits of this investment for…
Gruppo Fanti, a metal packaging manufacturing company headquartered in Bologna, Italy, will open its first U.S.-based plant in Weirton, planning to invest $30 million into the Brooke County (Weirton, West Virginia) operation.
The new manufacturing facility will produce metal packaging containers with state-of-the art equipment, creating an initial 40 new full-time jobs.
This investment is not…
An Italian life sciences company is planning to establish its new U.S. hub in central Indiana. Stevanato Group says it will invest up to $145 million to build and equip a 370,000-square-foot manufacturing facility in Fishers and create more than 230 jobs by the end of 2025.
The company, which provides drug containment, drug delivery and diagnostic services for the pharmaceutical, biotechnology…
SMW‑AUTOBLOK is a global market leader in the manufacturing of workholding systems for turning, grinding and milling machine tools. The company designs, develops, manufactures and supports a variety of technology and solutions for different industries and applications worldwide. Founded in Turin, Italy’s notorious automotive cluster, almost 80 years ago (1942), SMW‑AUTOBLOK moved, during…
Lavazza North America, part of global Italian coffee company Lavazza Group, begins construction of the first roasting and packing plant in the United States. The new plant is slated to open in October 2021 and will serve the US market. The plant is an expansion of the Lavazza Professional facility in West Chester, Pennsylvania, which will integrate existing and new capabilities for…