US President Donald Trump announced that tariffs on Canada and Mexico, which had been on hold for nearly a month, will be implemented on March 4, according to a Truth Social post on Thursday. He also revealed that an additional 10% tariff on Chinese imports will take effect the same day. The announcement followed a press briefing where Trump hinted at imposing 25% duties on vehicles and other goods from the European Union. He also reaffirmed that April 2 remains the target date for implementing his broader reciprocal tariff policy. Initially, the 25% tariffs on Canada and Mexico were scheduled

The Italian company Pirelli inaugurated its Training and Education Center at the plant located in Puerto Interior, in Silao, Guanajuato, marking a new milestone in the company's history in Mexico. The main objective of this center is to train and specialize local talent in key areas for the industry. Additionally, the Italian company celebrated the production of 50 million tires at its Puerto Interior plant, Silao, Guanajuato. Production at this plant focuses on the high-value segment, manufacturing high-performance and ultra-high-performance tires for cars, electric vehicles, SUVs, and light

​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 production of components for the automotive industry consolidates the attraction of investment and economic development opportunities in the State. Humberto Lopes, general manager of the plant, indicated

An Italian fabric maker is locating manufacturing operations in Orangeburg County. Pratrivero USA Inc., a division of Pratrivero Nonwovens, is investing $17.6 million and creating 34 new jobs in the former Mayer Industries building at 3777 Industrial Boulevard. Industrial Boulevard is near Interstate 26’s Exit 145. The investment includes $6.5 million in buildings and $11.1 million in machinery and equipment. The 34 new jobs will be realized within the next three years. Headquartered in Italy and family-owned and operated for 14 generations, Pratrivero Nonwovens provides fabrics used in a

The Italian Trade Agencies Toronto and Chicago offices in partnership with the Torino Chamber of Commerce assisted a group of 14 Italian technology SMEs allowing them to learn and take advantage of business opportunities in both Canadian and US markets. Torino and the Piedmont Region in Italy have been a World-class hub for advanced industrial technology and the automotive industry for well over a century. Car makers and suppliers such as Fiat (FCA), Comau, Iveco, NHC, Ferrero, Lavazza are all located within this region. Export to North America was launched at the end of November 2020 with a

2,500 companies, over 160 thousand employees and more than Euro 100 billion in total revenues. These are some of the key figures of the Italian automotive industry which ranks 6th in Europe and 19th in the world for production, and 4th in Europe and 9th in the world for sales. 65% of motor vehicles manufactured in Italy are sold abroad. The automotive industry has played and continues to play a very important role in Italy’s economy. Italy’s automotive value chain encompasses the vehicle, system and component design, manufacture and marketing for both the OEM and aftermarket segments. The

Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the U.S., Canada and Mexico, seven major industrial projects, including Tier 1 and Tier 2 automotive projects, will be completed at the World Trade Center Industrial Park in San Luis Potosi. "Despite the economic crisis due to the COVID-19 pandemic, the T-MEC gave a boost to the Mexican economy and in particular to its industrial ecosystem in San Luis Potosi," said Jose Luis Contreras, CEO of Grupo Valoran (commercial real estate), commenting on the new string of investments within the state's World

Following (and mostly thanks to) the entry into force of the T-MEC trade agreement between the USA, Canada and Mexico, seven large industrial projects, including Tier 1 and Tier 2 automotive ones, will be completed at the World Trade Center Industrial Park in San Luis Potosí. “Despite the economic crisis due to the COVID-19 pandemic, T-MEC gave a boost to the Mexican economy and in particular to its industrial ecosystem in San Luis Potosí” said José Luis Contreras, Executive Director of Grupo Valoran (commercial real estate), while commenting on the new string of investments within the State’s

The Italian Trade Agencies Toronto and Chicago offices in partnership with the Torino Chamber of Commerce will be coaching and assisting a group of 14 Italian technology SMES to allow them to learn and take advantage of the business opportunities in the Canada and the US markets. Torino and the Piedmont Region in Italy have been a world class hub for advanced industrial technology and the automotive industry for well over a century. Car makers such Fiat (FCA), Comau, Iveco, NHC, Ferrero, Lavazza are located in the Region. Export to North America was launched at the end of November 2020 with a