According to information from the National Institute of Statistics and Geography (INEGI), in 2023 Mexico exported 593,005.30 million dollars and of this amount, 508,192.98 million dollars corresponded to North America (86%): the United States received 83% of Mexico's total exports and Canada 3%. In this regard, the Mexican Institute of Finance Executives (IMEF) pointed out that the rest of the Latin American countries only export around 40% of the manufactured goods that Mexico sends thanks to the TMEC, which modernized the North American Free Trade Agreement (NAFTA) of 1994. Currently, the

The economic prospects of the U.S., Canada, and Mexico for the current year point to interesting opportunities for Italian machinery manufacturers. In fact, OECD 1 forecasts indicate, for 2024, GDP growth of 2.1 percent in the US, 0.9 percent in Canada and 2.5 percent in Mexico. In addition, slowing inflation, in these countries, will allow for a reduction in monetary tightening and interest rates, which will have a positive effect on investment. North America is currently affected by manufacturing industry development induced, not only by market factors, but also by the reorganization of

Exciting News Alert - Italy in Canada! We're thrilled to announce the opening of GRAF Industries Inc. in North America! "Our targets for this commercial operation are high," says Gianfranco Ferranti, Chief Executive Officer of GRAF Synergy. "This ambition is part of our DNA shared with all the companies of the GRAF INDUSTRIES group. We always aim higher and raise the bar when we see the strong possibility to demonstrate our know-how and willingness to excel." GRAF Industries specializes in cutting-edge technology across various sectors. From GRAF Synergy's advanced machinery for windows and

According to Federunacoma, The scenario is radically different in North America, where the agro-mechanical sector recorded a double-digit drop. Between January and May, tractor registrations in the United States dropped by 12.2% to just under 117,000 units, with a negative balance of more than 14,000 units compared to the same period in 2022. The market is also slowing down in neighbouring Canada, where sales dropped 14.1% to around 12,000 units. In the case of the two North American countries, the downturn in the segment comes after a prolonged expansionary phase that had taken it to all-time

According to a study on the Canadian agri-business sector carried out by ICE Toronto on behalf of FederUnacoma , Canada's agricultural geography is projected to experience a period of transformation in the coming years, facilitated by climate change. Mondo Macchina magazine, FederUnacoma publishes that the mitigation of the harsh Canadian climate, due to rising temperatures, is expected to increase the size of the cultivable area and encourage greater crop diversification. The agro-mechanical sector, which today has 600 thousand tractors and 120,000 combine harvesters, is called upon to meet

Dear Italian Subsidiaries in North America, We would like to bring to your attention the opportunity to be part of the next edition of our magazine “Machines Italia” which is a complementary opportunity for your company to gain additional exposure within the North American marketplace. For context, you may review previous editions of the magazine at www.old.machinesitalia.org/magzine The following provides all indications and suggestions on the magazine and how your company can possibly be featured. The Chicago Office of the Italian Trade Agency, with a specific selection procedure entrusted

According to Takashi Yamazaki, president of Mazak, in recent years many North American companies that established facilities in South Asia or China are returning to North America, either the United States or Mexico. Yamazaki stated that this is not only a trend of U.S.-based companies, but also of Japanese companies that set up their factories in China and are moving their operations to Mexico. Andreas Haimer, president of the Haimer Group, said that the Mexican market has a lot of potential. He explained that important industries such as automotive, aerospace and molds work in Mexico, and

'Italian food producer sees the pasta-bilities in Canada' London’s food production scene continues to grow, with Italian food processor Andriani S.p.A. announcing that it is opening its first-ever North American allergen and gluten-free pasta production facility in London, Ontario. We are excited to build our first North American manufacturing facility in London, Ontario, Canada,” said Michele Di Paolo, CEO, operations, Andriani S.p.A. “London has all the right ingredients, supportive city, talent, access to raw materials and a great location to access many different markets.” London’s food

Enel boosts Ontario battery storage operations, sees more growth Enel North America, the subsidiary of Italian energy giant Enel Group, nearly doubled its Ontario energy storage capacity in 2022, and plans to add more as part of a multi-billion-dollar North American expansion. The company aims to develop approximately five gigawatts (GW) of new utility-scale renewable and battery energy storage capacity through 2025. According to Matt Barnes, director of business development at Enel, Ontario is entering an unprecedented era of energy growth. Ontario’s power generation demands are expected to

Italian Exports of Stone Machinery and Equipment Italian exports of machinery and equipment slightly negative in the first 10 months of 2022. In the first ten months of 2022, the value of Italian exports of machines, tools and other equipment for the processing of natural stone was not as good as for natural stones. On the contrary, it decreased by 2.3% compared to the same period of the previous year. If we consider the top 10 of the main buyers of Italian machinery and equipment, Italian sales indicate that in the United States by 38.8% (ranked first in sales), in Germany by 14% (ranked