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State of the Industry: Italian packaging machinery sales grow 9 times faster than Italy’s GDP

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The Italian packaging machinery industry has confirmed its position as one of the most dynamic Italian manufacturing sectors. Ranked first in terms of share of total capital goods exports (24.4%), the industry consists of 631 companies located mainly along the Via Emilia, the road that runs from Milan to Rimini, with further manufacturing clusters located in the Piedmont, Veneto and Tuscany regions. In terms of technology and market share, the sector competes for the global leadership with Germany and accounts for a quarter of world machinery exports. The industry is seeing steady growth

​Italian Manufacturer Modula Announced New Ohio Investment at SelectUSA

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WASHINGTON – Modula, an international group with an Italian HQ, that manufactures automated storage and retrieval systems, announced on June 11th at the SelectUSA Conference in Washington, D.C., that it will invest $26.5 million in a new manufacturing and logistics hub at a vacant facility in Franklin, Ohio, where it will create 100 new jobs. Modula Inc. Chief Executive Officer Antonio Pagano, who was joined by U.S. Secretary of Commerce Wilbur Ross, Ohio Governor Mike DeWine, and JobsOhio President and Chief Investment Officer J.P. Nauseef, said that Southwest Ohio would be the company’s

ASO Group Benefits From Mexico’s Automotive Growth

In the first half of 2018, the export of automobiles assembled in Mexico grew by 10.5% compared to the same period last year, for a total increase in vehicle production equal to 6.4%. The data, published by AMIA (Asociacion Mexicana De La Industria Automotriz), does not take into account the activities of Japanese maker Nissan. The reason for the growth, explains AMIA's President Eduardo Solis, lies in the fact that "about 80% of what is produced in the country is destined for export, and the demand in the United States has grown by 5%, in June." The growth in the US has reflected the good

Euro Group Invest € 19 Million In Mexico

Euro Group is the world leader in the production and distribution of magnetic laminations for electric motors and generators for the most varied industrial applications: from automotive to domotics. The holding controls various manufacturing companies and divisions in several countries (Eurtranciatura, Alcast, Corrada, Euroslot, Saf, and others) and has 1,700 employees and a turnover of about € 330 million (2017). In order to support the group’s investments in research and development and the purchase of machinery and equipment for the new Mexican subsidiary, SIMEST and SACE , the Italian

Magna Buys Italian Automotive Light Maker OLSA

Canadian headquartered automotive holding Magna International Inc has signed a deal to buy Italy’s OLSA S.p.A. The transaction is valued at $354 million (230 million euros). OLSA, based in Turin, Italy, employs about 2,500 people and has manufacturing operations in Italy, Poland, Brazil, China, and Mexico. Its customers include the Volkswagen Group, the BMW Group, Daimler, and FCA. The deal, which requires regulatory approval and other standard closing conditions, is expected to close before the end of the year. Magna says the deal will make the company a global lighting supplier and expand

Italian Packaging Machinery Industry Races Ahead As Turnover Reaches €7.19 Billion

According to data collected by the research department of UCIMA, the packaging machinery industry, one of the most dynamic Italian manufacturing sectors, recorded a solid 8.9% growth in 2017, with a turnover exceeding €7 billion (€7.19 billion). Export sales totaled €5.7 billion in 2017 (79.1% of the total production), 7.5% up from 2016. The sector continues to stand out for its strong international presence, with Italian companies competing head-to-head with their German counterparts in all global markets. One machine out of every five sold worldwide is made in Italy. The sector’s trade

Italian Pavilion @ Expo Pack México 2018

Expo Pack Mexico, the main Mexican trade fair for packaging materials and technologies, took place from June 5 to 8, 2018 at the Expo Santa Fe Exhibition Center in Mexico City. The event registered over 25,000 visitors and approximately 1,000 exhibitors on 193,000 square feet of floor space. The growing international relevance of the show was attested by the numerous country-specific pavilions among which, the most prominent ones, were Argentina’s, the United States’, Brazil’s, and the France one. The Italian Trade Commission (ITA), in partnership with UCIMA - the Italian Packaging Machinery

Machines Italia Mexico At FABTECH 2018

FABTECH, Mexico’s leading metal forming, fabricating, welding, and finishing event was held in Mexico City, from May 2 to 4, 2018, at the Centro Banamex. The ITA office in Mexico City and Machines Italia organized a “Punto ITALIA” desk at the event to provide information and assistance to local visitors,connecting them with Italian exhibitors and delegates. The presence of Machines Italia served to underline the importance of the ITA’s Technological Centers network and its role in supporting the Mexican manufacturing industry: in particular, the Center for Italian-Mexican Innovation In The

EIMA Show Umbria 2018

From July 11th to 15th, 20 companies from across the world were hosted by the Italian Trade Commission (Canada and Mexico) and FEDERUNACOMA, the Italian Agricultural Machinery Manufacturers Federation, in Italy, where they attended the EIMA Show Umbria 2018. This event, which took place in the Casalina farm, near Perugia, with its 1860 hectares and 1450 UAAs, consisted of on-site demonstrations and field trials of agricultural machinery, equipmen,t and advanced technology – as well as workshops and seminars on such topics as soil preparation, seeding, fertilization, irrigation, haymaking

Italian Pavilion @ FUNDIEXPO 2018

From October 24 to 26, 2018, the city of Guadalajara will host the 21st edition of FUNDIEXPO, Mexico’s preeminent trade fair for foundry technology. The Italian Trade Commission (ITA) office in Mexico City, in partnership with AMAFOND, the Italian Foundry Suppliers’ Association will be exhibiting at the event with a group of Italian companies. According to AMAFOND’s data, in 2017, the Italian foundry sector showed clear signs of recovery, with a turnover of about 1.53 billion euros, exports of over 1 billion euros and almost 6,000 employees and 143 companies. On the export front, the US was